Vending Machine Route For Sale – Snack and Soda Business Chicago, Illinois
Soda and Snack Bulk Vending Machine Route For Sale in the in Evanston, IL area for $69,000! Currently grossing $58,200 and nets $28,500 per year! Over $25,000 in assets! Route consists of 1 stops and 7 soda and snack machines. This route is turn-key with newer and updated machines placed on location. There are more than $30,000 in assets which come with the route. The vending business offers unlimited growth potential! Motivated seller has too many locations to service.
Frequently Asked Questions:
What are the current average sales and gross income for this route?
Currently this route grosses $58,200 in yearly sales, and nets $28,500 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. This route currently receives an average profit margin of 50% after expenses.
How much can I make?
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 additional Financing Options Here
What are my expenses and overhead?
Expenses include, but are not limited to: product cost, machine repairs, gas, vehicle expenses, warehouse storage, insurance for your vehicle. The above cash flow represents the profit after an estimated $29,700 in operating cost and expenses are subtracted.
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase.
What type of vehicle do I need?
The current owner runs this route with a personal vehicle. A Van is recommended. 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 $58,200 per year, minus your above mentioned operating expenses of $29,700, gives you $28,500 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 snack machines must be purchased, and can be obtained through a wholesaler the current owner purchases from. There are 15 machines in storage which come with the route and can be placed to optimize cash flow.
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 Vistar or Sam’s Club and Snyders/Lance.
What type of machines does the business operate?
The snack machines are (6) USI Alpine VT5000 and (1) USI Geneva 3205.
Why is the owner selling?
Owner has too many machines to service at this point and is forced to sell a portion of the route.
How many accounts does the route have?
There is 1 account, which consist of 7 placed snack and soda machines.
How long has the seller owned the business?
The current owner has owned this business for 1 year.
How many days a week, and what hours does the owner work?
Currently the owner works 4-5 days with 20-30 hours per week. The hours are 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 $69,000! 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.