Price: $38,000 – Weekly Sales: $669
This listing is for an established vending account with five accounts and six vending machines in Suffolk County. There are five combination drink/snack machines and one drink only machine. All of the machines are setup with online sales/inventory tracking and reporting. The accounts include assisted living facilities, office buildings, a community building and a school. The accounts are in zip codes 11777, 11747, 11782, 11704, 11797.
WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?
The route owner is responsible for servicing the account 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 accounts one time per week which requires approximately 4-5 hours. They go shopping for inventory every 2-3 weeks and that generally takes 2-3 hours total.
GROSS EARNINGS/COMMISSIONS
The route averages approximately $669 per week in gross sales
OPERATING COSTS
Typical expenses include inventory, travel costs, payment processing fees/sales tax, insurance, etc. The large majority of expenses are inventory/cost of goods sold. Other costs will vary from owner to owner depending on their travel costs and how they choose to run the business. The current owner estimates roughly $400 in operating costs per week.
GROWTH POTENTIAL
Vending routes have unlimited growth/expansion potential. Additional machines and accounts can be added if the owner decides to pursue those opportunities. The current owner is servicing the route one time per week and that requires 4-5 hours. When you factor in product purchasing and other miscellaneous business tasks the entire operation requires 4-6 hours per week for the current owner.
FINANCING
N/A
VEHICLE, EQUIPMENT AND OTHER ASSETS
Six vending machines are included in this purchase. The seller can include a seventh machine which is currently in storage if the buyer is interested in taking it.
TRAINING
The current owner has agreed to provide training to the buyer. They will do everything that they can to ensure the business has a smooth transition to the new owner.
SCHEDULE
The current owner services the account one time per week and it typically requires a total of 4-5 hours to refill and service the machines. The actual days and times of service is flexible.
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.
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