What are the current average sales and gross income for this route?
Currently this route grosses $853,357 in yearly sales, and nets $265,417 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.
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. You can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: payroll,taxes, product cost and commission, rent, insurance and gas. The above cash flow represents the profit after an estimated $587,949 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Who is responsible for damaged or out of date product?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 sale of this route includes a 2007 GMC Box Truck, a 2007 Chevy Express 3500 and a Cherokee Trailer which are all fully equipped for vending. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
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 Vistar. The current inventory is not included in the price.
Why is the owner selling?
Owner is retiring.
Where is the warehouse located?
The warehouse is located in Ocala and is 3500 square feet with 4 bay doors and 2 small offices.
How many accounts does the route have?
Currently there are 162 accounts and 330 machines (180 snack and 150 soda) with all of the accounts located in Marion County.
Does the owner have contracts in place with customers?
Yes, there are contracts with many of the locations and all of the locations have been long time customers with this vending supplier.
How long has the seller owned the business?
The current owner has owned this business for 15+ years.
How many days a week, and what hours does the owner work?
The owner works 5 day per week, only 5-6 hours per week to service this route. There are 3 other employees in place covering the rest of the route. A new owner could run the route passively with an additional payroll of approximately a $15-$20k.
What about vacation time or personal days?
As a business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire relief drivers with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
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 offers 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 strong 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! Great accounts and income and priced to sell for only $395,000! Contact Us About This Route Here!
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