Bulk Candy Vending Machine Route – Greenville, South Carolina
Bulk Candy Vending Machine Route For Sale $47,500! Currently grossing $52,000 and nets $39,300 per year! Includes $40,000 in assets! Route consists of 220 machines that are all less than one year old and are placed in and around the Greenville, SC region. The route has a radius of approximately 30 miles. Bulk candy machines can be run very part time with the current seller working only 3 hours a day. Seller is also willing to split the route, offering packages of 50 machines/accounts each with a selling price of $10,000. This is the perfect opportunity for a part time owner/operator to step into this turn-key operation. The vending business offers unlimited growth potential!
Frequently Asked Questions:
What are the current average sales and gross income for this route?
Currently this route grosses $52,000 in yearly sales, and nets $39,300 per year. Income documentation will be provided and is documented by logs as this is an all cash business.
How do I get paid?
As an independent operator you are paid by purchasing product at wholesale cost and selling it to your customer base via the vending machines.
How much can I make?
Bulk Vending businesses have unlimited growth potential and can be operated anywhere. The yearly sales can be increased by new accounts being established. New accounts can be established in person or by hiring a vending locating company.
Can I finance the route?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. However if you need money, you can review additionalFinancing Options Here
What are my expenses and overhead?
Expenses include, but are not limited to: product cost, machine repairs, gas, vehicle expenses, warehouse storage, and insurance. The above cash flow represents the profit after an estimated $12,700 in operating cost and expenses are subtracted.
What type of insurance do I need?
Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and worker’s compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
What type of vehicle do I need?
The current owner runs this route with standard vehicle/car and just about any vehicle will do. When considering a vehicle lease or purchase, Routes For Sale recommends Bush Trucks.
What is the Gross vs the Net income?
The gross income for the route is $52,000 per year, minus your above mentioned operating expenses of $12,700, gives you $39,300 in net income or cash flow.
How does the selling price of the route get determined?
To determine a business’s price, a standard formula is to multiply 2 years of the net plus consideration of business assets.
Do I have to pay for additional machines?
Additional machines must be purchased, and can be obtained through a wholesaler the current owner purchases from.
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale through vending companies such as Sam’s Club.
What type of machines does the business operate?
The vending machines are T-Pico candy machines, all of which are less than a year old.
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase.
Why is the owner selling?
The owner has another job and no longer has the time to service the route.
Where is the warehouse located?
The current owner operates this business out of his home.
How many accounts does the route have?
This route has machines in 220 locations within a 30 mile radius.
Does the owner have contracts in place with customers?
From experience the owner has found that developing positive customer relationships is better than contracts.
How long has the seller owned the business?
The current owner has owned this business for 3.5 years.
How many days a week, and what hours does the owner work?
The current owner services the route approximately 12 hours a week, usually working 3 days out of the week (Monday through Friday) 10am – 2pm. The hours and schedule are very flexible.
What about vacation time or personal days?
As an independent business owner you are responsible for servicing your accounts. It is our recommendation that you hire or train someone for additional time needed off.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Be Your Own Boss with flexible hours! Unlimited growth opportunity! The vending machine business is a 100% cash-only business that offers a residual income! The long cherished notion of getting a job that would provide both long term security and benefits is close to disappearing in the American workplace. It is no surprise that more people today want to do “their own thing”. Vending is one of the final frontiers. Hurry this won’t last long! Priced to sell at $47,500 with $40,000 of assets included! Contact Us About This Route Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.
Bulk Candy Vending
South Carolina Greenville South Carolina United States