Snack and Soda Vending Machine Route For Sale – Suburban Chicago, Illinois
Soda and Snack Vending Machine Route for sale in the Suburban Chicago, Illinois area for $65,000!. Currently grossing an estimated $35,678 and nets $14,872 per year! Route includes 11 machines in 5 locations. Machines have an estimated value of $35,200. Locations of the machines include schools, an office building and a sports arena. All machines have remote monitoring software and credit card readers. The vending business offers unlimited growth potential and flexible hours! The seller is willing to stay on to provide the new owner with training for 2 weeks.
Frequently Asked Questions:
What are the current average sales and gross income for this route?
Currently this route grosses $35,678 in yearly sales, and nets $14,872 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As an independent operator you are make money by purchasing product at wholesale cost and selling it to your customer base via the vending machines.
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.
Expenses include, but are not limited to: product cost, commission, machine repairs, credit card monitoring, gas, vehicle expenses, and insurance. The above cash flow represents the profit after an estimated $4,981 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 route can be operated with a personal truck or van. When considering a vehicle lease or purchase, Routes For Sale recommends Bush Trucks.
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, this business is priced aggressively to sell!
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale through your supplier.
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase.
Why is the owner selling?
Seller is pursuing other business opportunities.
What types of machines does he own?
There are currently 11 machines: 10 USI machines (9 are USI Alpine VT5000 and 1 is USI Summit 500) and 1 cash machine. All machines are 2-5 years old and were factory new when purchased.
Where is the warehouse located?
No warehouse is required. Current owner operates the route out of their residence.
How many accounts does the route have?
Currently there are 5 accounts and 11 machines with the accounts located in the Suburban Chicago, IL area.
Does the owner have contracts in place with customers?
Yes, there are contracts with each of the locations and all of the locations are under auto-renew contracts.
How long has the seller owned the business?
The current owner has owned this business for 5 years.
How many days a week, and what hours does the owner work?
The current owner works 12 hours per week. Hours and days are flexible and can be customized to each individuals needs.
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”. Hurry this won’t last long! Great supplemental and passive income for only $65,000!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.