Listing ID: 82946
This listing is for 12 BRAND NEW VENDING MACHINES (8 used for only 17 months, and 4 brand new still in wrapping as of February 23, 2022). The type of vending machines are Seaga HY2100-9 Healthy Combo Vending Machines and 7 side entree units that can be attached in minutes for expanded product options. The price is for all 12 units, 7 side marts, and established TRANSFERABLE SUBLEASES with the following +7 locations:
-Port of New Orleans
-St Catherine Siena
-St Philip Neri
NEW OR PENDING LOCATIONS (as of February 23, 2022)
-Lucky Inn (March 1, 2022)
-Black & Gold Wash & Fold (March 4, 2022)
-another pending hotel
These machines retail for $7,000 to $10,000 each through Healthy You Vending. Purchasing all of them will give you the best discount and the jumpstart you need to maximize revenue for your business!
Each machine will have the Healthy You graphics on it but no franchise agreement is needed as Healthy You Vending does not require it, and there’s no royalties either so you make 100% of the profits.
However, you can remove the wrap if desired to make it just a black machine or add your own graphics as desired. The machines include Cantaloupe (formerly USA Technologies) credit card, Apple/Google Pay readers which will definitely increase your sales without doing any extra work. No wires are needed as it’s totally wireless; just plug the machine into a regular outlet.
Further, it provides a sales log which can be accessed remotely to see your daily, weekly or monthly reports. This makes tracking product sales very simple and reliable. These healthy vending machines will improve productivity as it eliminates the need for employees to run out to local convenience stores for lunch or break time.
The credit card reader is made by Cantaloupe and will accept all major credit and debit cards. The HY2100-9 Healthy Vending Machines are manufactured by Seaga Manufacturing out of Illinois, are very reliable and parts that you may need in the future can be ordered through their website. Included with the purchase is the owner’s manual, and one set of keys.
The subleases are gross/full-service leases for $0 per month, so the location’s business covers 10 sqft of property taxes, 10 sqft of property insurance, the electric bill, mopping and sweeping around the machine, picking up customer trash, etc. The leases are verbal, so there is no written agreement (CC 2681).
The only other expenses are credit card processing fees, labor (if you decide to hire someone rather than service them yourself), and storage of unplaced machines. The current owner pays $40 per machine per month plus another $120 per month for inventory storage unit.
The machines are BRAND NEW with 4 of them in the original packaging (as of February 23, 2022) but have been sitting in a warehouse for approximately 2 years. Although they are sold as is, they have been fully checked out and are in perfect operating condition.
Snack Unit: 21 snack selections; 210 snack capacity (chips, candy bars, etc.)
Drink Unit: 9 drink selections; Approx 124 drink capacity (12 oz. cans, juices, 20 oz. bottles, Red Bull, etc.)
Each machine will be shrink wrapped and shipped on its own pallet. If you are located in the New Orleans area (50 mile radius), shipping will be FREE and placed where you want it at the location of business as White Glove service has been prepaid. If outside the New Orleans area, please contact us for shipping arrangements/details/cost based on your location.
- Asking Price: $64,000
- Cash Flow: $8,000
- Gross Revenue: $16,000
- EBITDA: N/A
- FF&E: $115,000
- Inventory: $500
- Inventory Included: Yes
- Established: N/A
The deal does include inventory valued at $500, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. However, the genuine factor vs the one they tell you may be 2 totally different things. For instance, they might claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a range of other reasons. This is why it is extremely vital that you not depend totally on a seller's word, but instead, utilize the vendor's solution in conjunction with your total due diligence. This will repaint an extra realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies finance loans so as to cover points like supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can imply that profit margins are too thin. Many companies come 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 may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area bring in brand-new clients? Many times, companies have repeat consumers, which form the core of their daily earnings. Specific factors such as new competition growing up around the location, road building, and also employee turnover can impact repeat customers and also negatively affect future earnings. One important thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the greater the opportunity to develop a returning client base. A final thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood mean home earnings impact future revenue prospects?