Price: $220,000 – Weekly Sales: $4,600
This listing is for a turnkey, well established vending route with 18 established locations in Ontario, San Bernardino and other nearby communities. There are 42 total vending machines with most accounts having at least one drink and one snack machine at each account. This is a turnkey vending route opportunity with consistent sales volume. Full training will be provided by the current owner.
WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?
The route owner is responsible for servicing their customer base and ensuring that product is well stocked and maintained for the consumer. Route owners will order, deliver and stock product accordingly. There is flexibility in the days and hours as long as the customers are being serviced properly. The current owner works two days per week, Tuesday and Thursday, and approximately 15-20 total hours to service the entire route.
GROSS EARNINGS/COMMISSIONS
The route is averaging $4,600 per week in gross sales from March 1, 2022 until May 31, 2022. Approximately $4,000 of that weekly sales average is documented through hardware/software installed on the machines themselves. An additional $600 per week is made in cash purchases through machines with no built in reporting.
OPERATING COSTS
Typical expenses include inventory, travel costs and any necessary machine maintenance. The huge majority of the expenses is inventory. The owner purchases product in large quantities to keep those costs low. The current owner works on a 52% overall margin which generates a weekly net of approximately $2,400 per week. Reports showing margin on individual products can be provided once an NDA is on file.
GROWTH POTENTIAL
Vending routes have unlimited growth/expansion potential. The current schedule is flexible and would allow for as much growth as a motivated owner wants.
FINANCING
N/A
VEHICLE, EQUIPMENT AND OTHER ASSETS
Vending machines, existing inventory at time of sale, cash in the change slots, dolly, delivery crates
TRAINING
The current owner has agreed to provide training to the buyer
SCHEDULE
Owning a route means that you are an independent owner/operator/contractor. You are ultimately responsible for the success of the route operation and you will need to find route coverage if you are sick or on vacation. Most route sellers and existing owners have a coverage person whose contact information they can share. Otherwise you are free to train someone to run your route while you are unavailable. It can require some effort and coordination to setup time off…but it does provide a lot of flexibility once you have a person or two that can cover your route operation when requested.
The current owner works the route for approximately 15-20 hours per week
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