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Available: Vending Route Franchise - Los Angeles

Gregg Tobin
Gregg



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Southern California's leader in the Vending Machine Industry has a franchise opportunity available in Los Angeles & Orange Counties. The route consists of 23 locations with 86 machines of snack, soda, coffee and food.
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Current Status: Active
Posting #: 155501
Last Refreshed: 4/24/14

CONTACT INFORMATION
Gregg Tobin
949-546-0903
License: 01365233
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CONTACT IS A
Intermediary

BUSINESS LOCATION
Los Angeles

AREA(S) AVAILABLE
Los Angeles County

COUNTIES AVAILABLE
Los Angeles

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For Best Results & Response, Email & Phone This Contact: Gregg Tobin at 949-546-0903.



FINANCIAL INFORMATION
Asking Price:
  $169,000

Down Payment:
  Call

Annual Revenue:
  $306,455

Annual Adjusted Net:
  $65,325



DETAILS
-
Home Based

-
Training And Support

-
Bkr Cooperation: Yes


CONFIDENTIALITY AGREEMENT
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Southern California's leader in the Vending Machine Industry has a franchise opportunity available in Los Angeles & Orange Counties. The route consists of 23 locations with 86 machines of snack, soda, coffee and food. The locations are primarily in the Downey, Norwalk, Bellflower, Santa Fe Spring, Torrance, Long Beach areas and Orange County locations-Yorba Linda, Anaheim and the City of Orange. The owner's brother is operating the route so the net income is based on an owner operator. The Franchise offers service, repair and part replacements as well as training and support. The route is serviced in about 40 hours per week and the beauty is that a new buyer can work on their own schedule. The sales are verifiable and the accounts are secure through the franchise. A new buyer can assume the current SBA loan of 99,600 with a minimum of 20% down with good credit as well as qualifying under the SBA Guidelines.

General Information
Facilities: The business can be home based or easily operated out of a storage until with minimal cost
Growth and Expansion: The reality of this opportunity is that the small vending company or startup vendor could not secure these type of top rate accounts without the Franchise program.
Support/Training: There is Franchise Training and the Seller will also offer support
Reason Selling: The Seller's brother who services the route is re-locating
Year Established: 2006
Terms: Estimate 75-80k cash down which includes assuming the Sellers current SBA loan.
Employees: 1

There is 8,000 inventory Not Included in the Price.

This Business For Sale Can Be Viewed On The Following BizBen Pages Below
(Click On Any Link Below To View The Latest Results).







Business Purchase Financing SBA Loans
Buying A California Business eBook By Peter Siegel
Seller Carry Back Note Financing
Southern California Legal Services For Buyers And Sellers
Seller Carry Back Notes
eBook Buying A California Business
Business Purchase Financing Assistance And Loan Placement


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