* Included in Asking Price
Profitable vending company servicing twenty-eight separate locations in central & Northern New Jersey, Somerset County, which includes various commercial buildings and businesses. The company has approximately thirty-four (34) newer and state of the art vending machines. The company has a gross income of $41,000 and a consistent net income which can be further developed with a basic marketing system. The operation presently represents a two-day work week which will result with a net yearly income of $16,000 and this vending company does Not pay any rent fees to any of their locations. Their knowledge and experience help their clients evaluate their needs and make selecting the vending options an easy process. They maintain and service with customized options, and keep the machines fully stocked at each location based on a specific schedule. The company’s focus is on service and they are committed to providing all customers with top-quality, timely service. Their delivery personnel are easy to identify, friendly and responsive to their customer needs. The company is a locally owned and operated, full-service vending company. The business operates year-round throughout Northern New Jersey, and the company's principles of honesty, dependability and quality service make them the perfect choice. For qualifications purposes, this industry does not require government licensing approval to purchase or operate. However, approval by the customer base is required. This company does not have employees due to the size of this business operation. This company does not have a business location and as a home-based company functions from the owner’s home. The business fixed assets has an estimated value of approximately $38,000 which is based on equipment and licensing replacement cost. This transaction consists of a fully equipped vending company which includes thirty-four (34) vending machines in appropriate working condition, required licenses, and approvals with various landlords and companies. Included in the sale is the companies accounting system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This successful vending business operation is active two days per week, with hours from
8:00 am to 5:00 pm. Based on the type of service and product, the company has a schedule system for each of their business locations. The sale includes all required documentation and the required approvals from the company’s they service. The business has been valued / priced at $49,900 based on a multiple of the net yearly income which includes the value of the specific business assets. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, all viewings are by appointment only and photo does Not represent this particular business opportunity.
|Facilities:||Vending companies routinely represents home base business operations with a small work area for equipment storage maintenance. The company is in Northern New Jersey, Somerset / Hunterdon County, however can be relocated anywhere for convenience. (Home Based)|
|Competition:||Due to their long term irreplaceable relationship with their customers no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.|
|Growth Potential:||The business presently has no marketing plan, web site, or social media, and if improved can further develop the business yearly gross sales.|
|Training/Support:||The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.|
|Seller Financing:||Available to qualifed buyer.|
|Sale Reason:||The owner has an alternative company and is preparing to retire.|
Seller Reference #VEND101
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.