Vending Business – Established 22 years -SOLD

Minnesota
$148,000

$$148,000
Asking Price
8466 je
Listing ID#
01/04/2022
Posting Date
$158,573
Gross Sales
$45,000
Cash Flow
1
Employees
Listing Agent

Business Description

This successful Vending Business has been existence for 22 years and was established by the present owner. There are 54 locations and 96 Snack and Beverage Vending Machines located in the South and West Metro; however, the business can be run from anywhere in the Twin Cities and surrounding area. Hours and days are very flexible, and the route requires about 35 hours per week.

Business Details

ASKING PRICE: $148,000 for all vending machines, the van, tools, and the goodwill (Clients).

REASON FOR SALE: Health

GROSS SALES: Gross Sales in 2020 were $158,573. Profit margin is 47.1%.. 

CASH FLOW: Current cashflow is approximately $45,000/yr.

FACILITY: Owner works out of his home.

EQUIPMENT:  The sale includes all the machines valued at approximately $165,000 and miscellaneous tools and extra machines for another 3 clients Also is included in the sale is a van with an estimated value of $12,000. Inventory of approximately $10,000 is not included in the sale. (There will be an exact count before closing on the transaction.)

EMPLOYEES: Business operates with the owner.

Jim Evavold
Jim Evavold
Business Broker; Advisor
612-331-8392
952-994-6435
jim.evavold@oibmn.com

Request Information

Jim Evavold
Jim Evavold, Business Broker; Advisor
612-331-8392
952-994-6435
jim.evavold@oibmn.com