Vending Machine Distributor
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $2877106
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Description Vending machine distributor - buys, sells refurbishes and operates previously owned vending machines of all types.
Ref.CH124
Location South East
Asking Price œ 795,000
The Company has the following key attributes:
Buys, sells, refurbishes and operates previously owned vending machines of all types.
Huge range of stock - usually between 400 and 500 machines generally available.
Repeat levels of income from 120 operated machines at approximately 55 sites across the South of East of England.
UK and Export markets - Private and Public sector Client base including other vending machine distributors.
Excellent recessionary business - previously owned machines offer significant savings compared to new machines.
Strong cash flows.
Very well established business - built upon over 30 years experience of one of the Owners.
Highly skilled, loyal, trained and experienced Technicians.
Well equipped workshop.
Leasehold premises - but re-locatable within the local area.
The Company provides an acquirer with:
a significant foothold within the UK vending machine industry and an excellent base from which to grow;
an excellent bolt-on opportunity for an existing operator in the vending machine sector.
Financial profile:
For the financial year ending June 2011, the business achieved turnover in excess of œ1.79m, generating a gross profit of almost œ795,000 and a pre-tax net operating profit in excess of œ250,000 after Directors' remunerations of approximately œ134,000.
Turnover for the 2011/12 financial year is projected to be between œ1.2m - œ1.3m generating a pre-tax net operating profit of approximately œ175,000 after Directors' remunerations of approximately œ120,000.
The Asking Price of œ795,000 is based on the sale of 100% of the Issued Share Capital of the company based on a Balance Sheet value of œ336,800.
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