Vending Route with 47 Locations
This vending business can be operated from a home office & currently has 120 machines placed in 47 locations throughout the Inland Empire. Collectively, they generate an average of $6,500 in weekly sales. 90% of their locations were generated by their website. The net is low due to very little owner involvement, which has resulted in high labor costs (2 employees on salary who are only at 70% capacity. A new owner could add a few more locations and increase sales without increasing overhead.) COGS are also higher than normal (64%), but could be reduced by at least 10% if the product were purchased in more bulk and closely monitored. Currently, his guys buy product daily, which is inefficient. Seller has other businesses that require his time and he is ready to move on. Equipment value approx. $150,000 can be partially financed by a company that offers equipment leasing loans.
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