Business Overview

Established in several strong, active Atlanta locations, this advanced vending Company has 19 cellular-enabled high-tech vending machines. The machines are able to monitor sales and other health events per machine (and by item), in real time online via the web or an app. The fully refrigerated, combo machines allow the Company to place one machine, yet provide the service of multiple machines, i.e., drinks, snacks and/or food items. Routes are geographically located with a reasonable radius of each other making it easy to manage. Flexible work hours and no overhead. Sale includes all vending machines, inventory and assorted spare parts.

INVESTMENT HIGHLIGHTS:
Good ROI
Flexible work hours
No overhead
No employees/HR needed

GROWTH OPPORTUNITIES:
The Company has opportunities for quick growth as identified below:
• Business Development: Adding more locations and relocating the lowest performing machines to new locations to increase revenue.
• Acquisition: Purchasing more vending machines to utilize at new locations could grow the company exponentially.
The Company owns a URL, although they have never deployed a website. This could be another opportunity for growth if a new owner wanted to pursue it.

Financial

  • Asking Price: $179,000
  • Cash Flow: $71,627
  • Gross Revenue: $152,458
  • EBITDA: N/A
  • FF&E: $37,500
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home based (Home Based)

Is Support & Training Included:

Seller will train to ensure a smooth transition

Purpose For Selling:

Sellers would like to move out of the area

Home Based:

This Business Is Home Based

Additional Info

The venture was established in 2011, making the business 11 years old.
The sale will include inventory valued at $2,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell companies. However, the real reason and the one they say to you may be 2 entirely different things. As an example, they may state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be excuses to try to hide the reality of changing demographics, increased competitors, current decrease in incomes, or a range of other factors. This is why it is very essential that you not count entirely on a vendor's word, however rather, make use of the seller's response along with your overall due diligence. This will paint an extra reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover things like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that earnings margins are too thin. Lots of organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in new consumers? Many times, companies have repeat customers, which develop the core of their day-to-day earnings. Specific aspects such as new competition sprouting up around the area, roadway building, and also personnel turn over can affect repeat consumers as well as negatively affect future incomes. One vital point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the greater the opportunity to build a returning client base. A final idea is the general location demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? Exactly how might the regional mean family earnings impact future earnings potential?