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Established Vending Machines Business. 250 machines. Gr...

Business for Sale
EAST MELBOURNE VIC

The current Vendor has spent 10 years finding effective sites,and sourcing products at a great wholesale price to stock machines.There is a great team in place for refilling machines. Simple to manage

Sold

Established Vending Machines Business. 250 machines. Great ROI.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The current Vendor has spent 10 years finding effective sites,and sourcing products at a great wholesale price to stock machines.There is a great team in place for refilling machines. Simple to manage
Revenue: - $15,000 pw
Vendor claims Net Profit: - $6,000 pw
All machines are in separate locations, convenient for the public to purchase a quick drink or snack.
The Vendor has 150 vending machines out on site, all turning over cash each week.
There is an additional 100 machines in the warehouse that should be on location, also bringing in cash each week. The Vendor is tired and lost enthusiasm to be creative and source more sites for the 100 sitting idle. Also onsite machines would do more turnover if new technology was applied and clients could buy products with their credit cards. The Return on Investment is already a great proposition and still a lot of potential for further growth
Training would be part of this sale, both in the field of day to day management and buying of product at a great wholesale price.
This established Vending Business provides an excellent opportunity for a younger, energetic owner to drive growth and customer service to higher greater heights.
The business currently has approximately 150 Vending Machines sited.
In -house staff are responsible for refilling the machines on a regular basis.
Central Warehousing Unit leased making it easier to store the additional 100 machines and stock.
The current owner is happy to provide Training together with a transition period if required.
75% of the machines have note readers and all machines have up to date coin mechanism.
Takings - approx $15,000 per week
Net Margin of Approximately 40%
For further information please Quote BSV 0704 and contact Jeremy Bishop from Business Sales Victoria on 0400 437 398, or submit an enquiry.
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