SBA Financing Available
This expanding vending route business operates snack, soda, coffee, and ice cream “smart” vending machines. They have been in business well over 2 years and has 19 individual accounts with an active pipeline of new client prospects in a variety of industries including the casino and long stay hotel industries.
Their accounts have more than 42 smart, online managed vending machines operating 24-7 with a proven track record of increasing sales. All machines are stocked with popular brand name products, and carry an average sale price of $1.75 - $2.50 depending on location. Their assets include everything needed to operate this turn-key business including the latest smart vending machines that can be used with smartphones. All the machines are equipped with the latest web based Greenlight technology that allows inventory control and minute by minute sales from all machines. They have a prolific lead generating website that is supported by highly targeted Google ads and provides the business with an active pipeline of new clients every quarter.
Long term contracts include hotels, emergency rooms, casinos, HOAs and a US government supplier with a long-term contract in place. Their unique certifications allow access to new leads within government complexes and large property management companies. These sought after certifications provide new growth opportunities. This business is a web enabled, home-based, and is highly scalable. The business allows the owner-operator to grow faster without the overhead burden of office and warehouse expenses. The existing vending route consists of secured locations and are considered essential businesses. This protects business revenues from present and future Covid related restrictions and lockdowns. This is a true Covid and recession resistant business that is currently operated by the owner part-time 30 - 35 hrs a week.
The seller built this attractive turn-key business from the ground up, but they are now planning to relocate to the East Coast for family reasons. Smart, web enabled vending machines provide high margins and excellent profits. This business will sell quickly, so contact the Agent today!