PRICE: $107,000 – WEEKLY SALES: $1,000
This New York and New Jersey vending machine route for sale consists of 17 locations and a total of 35 vending machines. The delivery vehicle, a 2013 Ram Cargo van, remaining inventory, remaining coinage in machines, and miscellaneous parts will be included. All locations are within a 15 mile radius (zip codes – 10010, 10023, 07050 and others nearby) and are well established. Accounts consists of hotels, schools, residential buildings and local businesses. The current owner works approximately 10 hours per week to maintain the route.
The route averages approximately $1,000 per week in gross sales and is very low maintenance. This is a great turnkey business with room for expansion if desired. Pre-COVID gross sales were over $100,000 per year. Sales prices on inventory could be increased…most items are currently $0.75 to $0.85. Machines are currently cash only but could be upgraded with card readers if the new owner chooses to do that.
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 works approximately 10 hours per week to maintain the route. Days and hours are flexible but the current owner picks up inventory on Monday (~2 hours) and then runs the route Tuesday and Thursday (~4 hours each)
GROSS EARNINGS/COMMISSIONS
The route has been averaging approximately $1,000 per week in gross sales
OPERATING COSTS
Typical expenses include cost of goods sold (inventory), fuel/gas, insurance and vending equipment maintenance. The current owner estimates $400 per week in route operating expenses. Operating costs will vary from owner to owner depending on a variety of factors. This leaves a net cash flow of approximately $600 per week
GROWTH POTENTIAL
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. Several accounts would be terrific candidates for an open market which would also drive revenue/ profit higher
FINANCING
No owner or company financing is available. Third party funding may be available for qualified buyers (680+ credit score, clean credit history, etc)
VEHICLE AND OTHER EQUIPMENT
All vending machines, delivery van, remaining inventory and coinage in machines, and any other miscellaneous equipment are included
TRAINING
The current owner has agreed to provide 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. Sales volume varies from week to week and month to month. Most weeks require approximately 10 hours per week to properly service the route.
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