Price: $86,000 – Weekly Sales: $800+
*ACCOUNTS AVAILABLE INDIVIDUALLY AS WELL*
This listing is for a Tampa and St. Petersburg area vending route with a price of $86,000. The owner has seven (7) total vending machines located at three (3) locations. Two locations are in Tampa and the third is in St. Petersburg. Six of the machines are new USI vending machines (4 drink, 1 combo and 1 snack) and the other is under a year old combo machine. They all have high end features including online inventory/sales monitoring and card readers.
The route is currently averaging roughly $3,500 per month or $800+ per week in gross sales.
This is a turnkey vending route opportunity with consistent sales volume well established accounts. Four weeks of intensive face to face training and zoom/phone assistance will be provided. The current owner will do everything possible to ensure that the next owner is successful with this opportunity.
Accounts may be available separately if a buyer is interested in one or two locations.
WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?
The route owner is responsible for servicing their customer base and ensuring that vending product is well stocked and maintained for the consumer. Route owners will order, deliver and service the vending machines accordingly. There is flexibility in the days and hours as long as the customers are being serviced properly. The current owner makes deliveries two days per week and works a total of approximately 6-8 hours per week.
GROSS EARNINGS/COMMISSIONS
The route is currently averaging $3,500 per month in sales with gross profits between 60% and 65% of sales. The sales volume can be confirmed through sales reports/invoices. Sales reports and other information can be provided once we receive an NDA submission. Sales can be increased by adding accounts or growing sales volume within the current accounts.
OPERATING COSTS
Current operating costs are approximately $1,550 a month which includes inventory, travel expenses and the occasional machine maintenance. This would leave a net of $1,900+ per month.
Expenses will vary from owner to owner depending on where they are located, what vehicle they choose to drive and how well they manage the route.
GROWTH POTENTIAL
There are always growth opportunities at current accounts or by adding new accounts to the route
FINANCING
N/A
VEHICLE AND OTHER EQUIPMENT
All vending machines are included. No vehicle.
TRAINING
The current owner has agreed to provide training to the buyer. In addition to training from the current route owner, the company will provide some assistance when possible and will always provide administrative/sales support. The manufacturer wants their route owners to be successful so you will have a solid support system behind you.
SCHEDULE
This route requires approximately 6-8 total hours per week over two days. Days and hours are flexible as long as the accounts are being taken care of.
PURCHASING PROCESS AND REQUIREMENTS
Route buyers will have an opportunity to meet with both the current route owner and the management team at the company. You will need company approval to purchase the route. Credit checks and background checks may be necessary as well. Most companies are requiring that route owners have an LLC or corporation so that they are personally separated from the business. The incorporation process is relatively straightforward for most states and can typically be completed through your state’s secretary of state/business registration website.
REQUEST MORE INFORMATION
Our route blog is a fantastic place to find more information on the distribution route business. There are a wide variety of articles including overviews on different types of routes (bread, snack, vending, etc) and others that discuss general route operating topics.
If you are interested in acquiring more information on this route please submit our non-disclosure agreement here. Please note the route number or route location on your NDA submission so that we can send over the correct information.
If you have any other questions please feel free to contact us through this form or by email at Jay@TheRouteExchange.com