This listing is an established, impressive vending company serving the greater Twin Cities area. The company has had a vending presence for over 50 years and the current owners have been running the business for nearly 20 years. The machines are impeccably kept, and the majority has been purchased recently. Over 600 machines are in location and over 100 are ready to be placed. This is a rare opportunity to acquire a healthy, growing business with fantastic residual income. The company has steadily grown through acquisition, internal sales, and reputation.
Established Twin Cities Vending Company For Sale - SOLD
Asking Price: | $1,300,000 |
Categories: | |
Reason For Sale: | Retirement |
Posting Date: | 08/19/2015 |
Gross Sales: | $1,700,000 |
Cash Flow: | $226,000 |
Facility: | Based in the greater Minneapolis/St. Paul area, the business operates in a 6,100 warehouse with 3 bays and plenty of nice office space and a reception area. The lease expires in September of 2015 and the owner has an option to extend. Monthly rent averages $3,100. |
Employees: | 4 Full Time Drivers |
Listing ID#: | 7922 MT |