Price: $105,000 – Monthly Sales: $4,500
This listing is for a Reston, Herndon, Sterling, Chantilly and Fairfax area vending route with a price of $105,000. The owner has 25 total vending machines with 21 machines located at 18 locations. Two of these locations have the additional sidecar unit offering more substantial snacks and entrees. There are 4 additional machines in storage. All machines were manufactured between 2014 and 2015 and in great condition. They have high end features including online inventory/sales monitoring and card readers.
The route is currently averaging $4,500 a month in sales with gross profit of $2,700 per month. Projected sales for calendar 2022 are $53,500.
This is a turnkey vending route opportunity with consistent sales volume well established accounts. Full training will be provided.
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 stock product accordingly. There is flexibility in the days and hours as long as the customers are being serviced properly. The current owner makes deliveries four days per week and works a total of approximately 12-15 hours per week.
GROSS EARNINGS/COMMISSIONS
The route is currently averaging $4,500 per month in sales with gross profits between 60% and 65% of sales. Commission is only paid at 1 location. 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 $200 to $250 a month which includes gas, insurance, sales and property taxes and spoiled inventory. Product costs are 35% of sales
Expenses will vary from owner to owner depending on where they are located, what vehicle they choose to drive, insurance rates and coverage and how well they manage expiration dates on inventory and other factors. No labor costs are included and the figures above include Virginia property taxes and sales taxes but no other Federal or State taxes as they are clearly highly variable from owner to owner.
All the locations are within a 15 mile radius of a central point which minimizes the gas expenses and time required to operate and manage the business successfully.
GROWTH POTENTIAL
There are always growth opportunities and 5 fully operational machines currently in storage are available.
FINANCING
Possibly for qualified buyers with a minimum $50,000 down payment
VEHICLE AND OTHER EQUIPMENT
All vending machines are included
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 12-15 hours per week over four (4) service 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