VENDING BUSINESS
Seller:
Attn:
Gregg Tobin
Location:
Los Angeles , CA, USA
Listing Number:
"PCBB-126"
Overview of the Business:
Vending is one of the few recession proof businesses on the market today so if you are seeking a turn-key business with a successful 22 year history then look no further. This Vending Machine Company has maintained a high level of quality service since 1986.There are currently 19 accounts in very large public and intermediate schools featuring Snacks, Juices, Sport Drinks, Water, Hot Beverages, Ice Cream, & Milk. There are approximately 120 machines, 3 trucks, warehouse equipment and spare parts included. There are 2 full-time drivers and another full time employee that also services the route and handles repairs. The business is operated part-absentee and the seller only works about 10 hours per week so an owner operator could add to the cash flow by working the business full-time while reducing expenses. There remains a tremendous opportunity for vending in schools due to rapid growth of students. A qualified Buyer may be able to secure an SBA loan on the business. The Buyer must have at least 30% down as well as collateral. There is approximately $213,000 of equipment (recently appraised) included. Do not miss out on this opportunity!
Property Features and Assets:
The business is located centrally in LA County with close access to the 5, 605, 105, & 91 Freeways. The office/warehouse is very efficient and the seller reduced the space and will save $11,000 per year on rent in 2009.
Market Competition and Expansion:
The stability of the company is the excellent service provided to the customers. Several of the accounts have been with the company for 15-20 years.
Additional Details:
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