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Cash In Your Chips
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $184200
Net Profit / Cash Flow $103241
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
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 Established Vending Route Reduced for Quick Sale! This 12 year established vending route business serves a wide variety of clients in 22 diverse locations in a suburban DC County of over 320,000 residents. The owner is selling because physical demands of the business are too much now that the part time helper is retiring. Machines are installed in schools, government and corporate offices, apartment complexes, fitness centers, detention centers, sports and recreation venues - all on contract or with established long term relationships. Buy the name and the great reputation that took years to build, and along come the 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 service 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 grow the business by taking advantage of unsolicited opportunities that are regularly presented by way of 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 all need vending services. This is a great opportunity for a family business. Introductions of buyers to seller may be made after financial qualifications are established.
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