Price: $370,000 – Weekly Sales: $6,900
This listing is for a Watsonville and Santa Cruz area vending route with an asking price of $370,000. The owner has 115 vending machines at 43 accounts. Coca-Cola and Pepsi do own about half of the machines but they are serviced by the route owner. This is a great turnkey vending business with an established reputation in the heart of one of the fastest growing areas in the United States.
The route is currently averaging roughly $6,900 per week in gross revenue with an estimated cash flow of $1,600 per week or $83,000 per year.
This is a turnkey vending route opportunity with consistent sales volume and well established accounts. The vending accounts are located in Watsonville, Santa Cruz, Salinas, Monterey, San Jose, Gilroy and other surrounding communities. Training will be provided. The current owner will do everything possible to ensure that the next owner is successful with this opportunity. The schedule is flexible and generally requires five days per week and eight hours per day.
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 service the vending machines accordingly. There is flexibility in the days and hours as long as the customers are being serviced properly.
GROSS EARNINGS/COMMISSIONS
The route is currently averaging $6,900 per week in sales with cash flow averaging approximately 23% of 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. Sales can be increased by adding accounts or growing sales volume within the current accounts.
OPERATING COSTS
Current operating costs are approximately $5,300 per week which includes inventory, travel expenses and the occasional machine maintenance. This would leave a net of approximately $1,600 per week.
Expenses will vary from owner to owner depending on where they are located, what vehicle they choose to drive and how well they manage the route.
GROWTH POTENTIAL
There are always growth opportunities at current accounts or by adding new accounts to the route
FINANCING
N/A
VEHICLES, EQUIPMENT AND MISC ASSETS
All vending machines and a full wrapped/branded truck is to be included. The current owner can also transfer over a business website.
TRAINING
The current owner has agreed to provide training to the buyer.
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