Vending Route Business

Dilliner, PA (Greene County)

Vending Route Business
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Asking Price: Get Financing: $885,000

Cash Flow: $295,000

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: $500,000

Inventory: $70,000

Real Estate: N/A

Established: 2007

Vending Route Business

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Business Description

Vending Route Business

THIS BUSINESS HAS RECENTL SOLD; HOWEVER, I HAVE SIMILIAR OPPORTUNITIES AVAILABLE. CONTACT ME FOR MORE INFORMATIONL.

This well-established vending business, located in southwestern PA. The business owner is completing his 21st year as vending business operator and his business continues to achieve continuously strong revenue numbers. The revenue growth over the last several years reached over $1M with each of the past few years the sales surpassing the previous year. Sales revenues in 2016: $1,300,000. The company is consistently adding new customers because of its unequaled service and integrity. The business has some annual contracts with its larger accounts in addition to hundreds of other accounts which adds value and diversity to a strong and loyal customer base. The company has been recognized as the leading third party operator in the region and member of the purchasing cooperative, Unified Strategies Group. As a qualifying member of USG, the business receives annual cash award bonuses for attaining sales quotas. In addition, the business has a separate rebate system with Pepsi Cola. Some of the company’s assets include 500 machines, 5 vehicles and all the tools and equipment necessary for repair and service.This is an exceptional opportunity for a good hands-on owner. If new ownership focused on sales and marketing, the result would be continued growth and success. There is also an option of using a present employee that can assist with daily managerial responsibilities.
* Seller’s Discretionary Cash Flow average per year, $295,000. Listing Price: $885,000. Professional Third Party Business Valuation available for qualified Buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,200
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2200 square foot warehouse located in the lower level of the owner's home. A new owner can move the business to another location depending upon where they want to operate the business. If new ownership prefers to remain close to the present location, the present owner has a commercial building for lease that is the former warehouse and office of the vending business before moving to his home.
Competition:
Minimal local / regional competition.
Growth & Expansion:
The business continues to have steady growth and that should continue with a new owner who will focus on sales and marketing for new customers.
Financing:
kSBA Lender: 30% down with 10% Owner Financing
Support & Training:
Two to Four week transition period.
Reason for Selling:
Retirng from Vending
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(from currently available funds)
 
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Richard B. Ames

Business Listed By:
Richard B. Ames

RB AMES CO

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