Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $180,000 Down Payment: $180,000
Annual SDC: $69,000
Annual Gross: $138,000
Business Address: None Given City: Los Angeles Zip: None Given
Attributes: Broker-Broker Coop, Training & Support
This well-established vending route has at least 2 machines in 38 active locations (8 more are placed in inactive locations due to COVID). The company has a total of 120 machines, 40 of which are in storage (30 are functional). The routes are largely based in the San Fernando Valley, with these supplemented with a Downtown Los Angeles and Orange County route. As a result, the owner-operator restocks and maintains the unites 3 days per week, 10 hours per day. They do not have or require contracts.
The 120 (90 working) vending machines will be included in the sale. The are comprised of a variety of brands that include Royal, Vendo, AMF, Rowe, and several more. The most common unit is the Royal 660 Coke machine, followed by the Vendo Pepsi units. 6 of the total units accept credit cards, do electronic inventory and provide activity reports. 50 accept dollar bills, while other have elevators and all have meters. The overall mix includes soda and snacks, with one coffee unit. Some of the units would cost $7k if purchased new, while others may be $2.5k - $3k new. Fortunately for a buyer, the owner is not pricing the business based on equipment value, despite that value amounting to a substantial portion of the purchase price.
Due to the nature of the locations limited direct competition exists. There are the only vendors that operate in the locations.
New operators can find locations for the 30 40 dormant units themselves, or engage a locator for placement as they no longer have a vending unit locator they work with. As management sources product from discount vendors, new management evaluate using specialty wholesalers such as Jetro/Restaurant Depot or a number of wholesale vending product suppliers. Bulk purchases can also further improve margins. They may also consider adding units or optimizing product selections in existing locations. The company does not place units in schools due to past vandalism issues, despite these being lucrative locations. They service school staff in one non-LAUSD district.
To get more information about this Vending Route - 38 Active Locations, Established business for sale in
Los Angeles please phone Ryan Clark (Broker) at 310-652-8353 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267096 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Vending Route - 38 Active Locations, Established, to ask any questions or request an appointment to see this
business for sale. Thank you.