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Businesses For Sale   >>   Virginia Businesses For Sale Categories   >>   

Cash In Your Chips

Location  Virginia,United States
Asking Price Range  < $250K
Gross Revenues  $184200
Net Profit / Cash Flow  $106531
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2000
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller Will train
Reason for Sale  Personal
Description  This 12 year established vending route business serves a wide variety of clients in 19 diverse locations in a suburban DC County of over 320,000 residents. Machines are installed in schools, government and corporate offices, apartment complex fitness centers, detention centers, sports and recreation venues - all on contract or with established long term relationships. Buy the name and great reputation, in place contract accounts, low mileage Ford E350 box truck, 45 top of the line well-maintained vending machines (AP/AMS/USI that each cost over $5000 new) with spare parts, chest freezer, hand trucks and tools. Total replacement value of the equipment is over $125k. Also included are valuable customer and distributor relationships that took years to develop, up to six weeks of training and transitional introductions to facilitate keeping all the accounts, and potential to double the business by taking advantage of unsolicited opportunities that are regularly presented via referrals from happy customers. Business is on the school district select vendor list for 1st shot at new opportunities. New high schools, government offices, and community centers need vending services. Owner's health forces retirement. Great opportunity for a family home based business.
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