Listing ID: 79200
Innovative vending operator with 38 tech enabled vending machines in several prominent NE Florida locations. Through wifi enabled technology, operator is able to track sales revenue and inventory by item and by location in real time. This information is invaluable to a vending company as the software facilitates analysis and ongoing changes to product selection, and locations, maximizing sales and profitability. Sales includes all vending machines, assorted parts, bill changers, racking and two trucks. This is a good opportunity to acquire a company with a strong brand and growth potential.
- Asking Price: $200,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $120,000
- Inventory: $5,000
- Inventory Included: N/A
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,100
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
The company was started in 2014, making the business 8 years old.
The transaction shall not include inventory valued at $5,000*, which ins't included in the asking price.
The business has 1 employees and is located in a building with disclosed square footage of 1,100 sq ft.
The real estate is leased by the business for $2,650 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell businesses. However, the real factor and the one they say to you might be 2 absolutely different things. For instance, they may say "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be justifications to try to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of various other reasons. This is why it is extremely vital that you not count absolutely on a seller's word, yet rather, make use of the vendor's answer combined with your overall due diligence. This will repaint a more practical image of the business's present scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that profit margins are too tight. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that need to be met or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in new consumers? Most times, companies have repeat customers, which create the core of their day-to-day revenues. Specific elements such as new competition sprouting up around the area, road building, and also personnel turn over can influence repeat consumers and negatively affect future earnings. One crucial point to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the better the opportunity to develop a returning consumer base. A last idea is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the local median family income effect future revenue potential?