PRICE: $22,500 – WEEKLY SALES: $520
***Route just generated $6,990 in gross sales for Q1 2021***
This listing is for a Lake St. Louis, Missouri area vending machine route with a price of $22,500. The owner services eight (8) vending machines at five (5) accounts in the area. Accounts are in zip codes 63376, 63134, 63146 and 63046. This route is currently averaging $520 per week in sales volume. The route generates approximately $230 per week in gross margin after accounting for cost of goods sold/inventory. This is a turnkey vending route opportunity with increased sales/growth potential with things moving forward after COVID.
WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?
The route owner is responsible for servicing their customer base and ensuring that the vending machines are well stocked and maintained for the consumer. Route owners will order, deliver and stock product accordingly. The current owner estimates approximately six (6) hours of service time per week and an additional one or two for paperwork, ordering, etc.
GROSS EARNINGS/COMMISSIONS
This route is currently averaging approximately $520 in weekly sales volume. One account is operating around 50% capacity and another is still shutdown due to the COVID pandemic. Once these accounts are operating as normal the sales volume on the route will increase significantly…the current owner estimates that total sales will go up 25-30% once these accounts are both operating normally. The sales volume can be confirmed through sales reports/invoices. Sales reports and other information can be provided once we receive an NDA submission.
OPERATING COSTS
Typical expenses include cost of goods sold, fuel/gas, and vending equipment maintenance. The current owner estimates $290 per week in route operating expenses. Operating costs will vary from owner to owner depending on a variety of factors.
GROWTH POTENTIAL
The owner can add new accounts as they see fit. There really is no growth limits for a vending route. If you are motivated and want to find/secure new accounts then you are certainly free to do so.
FINANCING
Third party funding may be available for qualified buyers (680+ credit score, clean credit history, etc)
VEHICLE AND OTHER EQUIPMENT
No vehicle is included but this route can be operated from a van, large SUV or truck/trailer. The owner will include any remaining inventory, shelving to store product, and containers/dolly for transporting product on the route.
TRAINING
The current owner has agreed to provide full training to the buyer.
SCHEDULE
The route owner simply needs to make sure that their customers are taken care of, inventory is being managed properly, and sales are being maximized. The current owner typically makes service trips two days per week and each trip is approximately three (3) hours total. The current owner services the machines on Tuesdays and Fridays although that can be adjusted based on the owner’s schedule.
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