Great turnkey chip route opportunity with accounts in Brooklyn, Queens, Manhattan and Long Island. The owner has built the route from zero accounts to 40+ over the last few months.
The exclusivity covers all of New York. Someone can build an area and put a second truck on or sell it as a route. Company supplies all displays for products if needed.
Pricing right now 1.00 cost -1.50 to store -retail 2/4.00…Or cost to store 1.75 retail 2/5.00
The owner has a warehouse located in Inwood, Long Island. A new owner can choose their own storage space as long as the delivery vehicle can get in to unload your product.
He has exclusive distribution rights for the NYC market through August 2022. As long as the route owner continues to deliver product and run the route then the agreement will be extended.
The owner has been selling the large bags at 2/$6.00 in the stores. The company has authorized them to lower the retail to 2/$4.00 and they will credit him back the promotional discount the store receives. They may place several accounts at 2/$5.00. The company also has 1oz and 2oz bags that can be used for deli’s and mini markets.
Some of the stores were just opened within the last 2 weeks
The company gives all the free product needed to get into the stores.
6 month dating on all the products and they come in knock out boxes for easy displays.
Included in the sale is a 2006 Isuzu 10 foot box truck which the owner put $4000.00 worth of repairs into in the last 45 days. He also has magliner convertible hand truck that was over $500.00.
The packaging has changed and will come in the next order. See the new packaging below…
This listing is for three separate vending routes with accounts in Orange County, Riverside, East LA and San Diego. The machines are located at a mix of manufacturing facilities, offices and a casino. These route can be serviced part time and would require 5-15 hours per week. These are very convenient, low maintenance routes with terrific growth potential for a motivated owner.
Most accounts are protected and well established. 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 services the route three days per week.
GROSS EARNINGS/COMMISSIONS
The routes vary in size and average anywhere from $460 to $2,100 per week in gross 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.
OPERATING COSTS
Typical expenses include inventory, vehicle/travel costs and any necessary machine maintenance
Expenses will vary from owner to owner depending on how far they are from the territory, what type of vehicle they use, etc. The current owner generally works on a 50% profit margin after all expenses.
GROWTH POTENTIAL
Vending routes have unlimited growth/expansion potential
FINANCING
N/A
VEHICLE, EQUIPMENTAND OTHER ASSETS
Vending machines, remaining inventory at time of purchase, cash in machines at time of purchase, shelving
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 three days 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
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
