Description of the business for sale
This business is a franchise with a unique business model based on quality vending machines that have been equipped with service-driven proprietary technology that is easily operated from your computer. This technology allows you to track sales and profits for individual machines as well as each product in those machines. It automates the management of your machine 'fills', eliminating unnecessary machine visits by ensuring you have the right products and quantities for restocking. This route has a proven track record with a stable customer base. The growth opportunity is substantial since the owner has been working another job and has not prospected in his territory. The owner's assets are only two years old; the vehicle only has 11,000 miles and has an extended warranty. All equipment needed to operate the route is included in the sale except a computer.
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Support / Training provided by seller
The owner will train for 30 days at no cost. The franchisor has training of 4-6 weeks, one in the classroom and the rest in the field at a nominal cost.
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Description of the facilities
The owner utilizes the storage space option at the franchisor's headquarters for $450/month. This expense could be reduced by using alternate storage space that is convenient to the new owner. The equipment is only two years old. The owner has a SBA loan on the business now so a buyer with good credit should be able to qualify for an SBA loan.
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