Description of the business for sale
This is an opportunity to run your own vending business with the help of experienced professionals. This franchise's revolutionizing technology is a complete business management system that is installed into strategically located quality vending machines. The franchisor has acquired existing vending companies, installs this technology in pre-sited vending machines with known sales histories and leases them to the franchisees. Each vending machine advises daily sales of each product via cellular technology. Operators can easily verify machine status such as stock levels and service requirements and can replenish each machine in an efficient and effective manner. All sales data is captured electronically and specifically designed reports enable proactive management of product categories. These vending machines offer consumers a wide choice of popular drink and snack products, coffee, fresh and frozen foods, unlike most vending companies who only stock their own products.
Support / Training provided by seller
The company provides a complete training and support program.
Description of the facilities
A typical franchise will include vending machines with an historical aggregate revenue stream of approximately $6,730/week in gross revenues ($350,000 annually). Minimum net worth to qualify is $150,000. Royalty fee is 10% of gross sales. Franchisees are provided a defined, non-exclusive territory with existing machines and cash flow.