How do I get paid?
As an independent operator you are paid by purchasing product at wholesale cost and selling it to your customer base via the vending machines. This route currently receives an average profit margin of 35% after expenses.
How much can I make?
Vending businesses have unlimited growth potential and can be operated anywhere. The yearly sales can be increased by new accounts being established. New accounts can be established in person or by hiring a vending locating company.
Can I finance the route?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. You can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: product cost, machine repairs, gas, vehicle expenses, warehouse storage, and insurance.
What type of insurance do I need?
Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
How does the selling price of the route get determined?
To determine a business’s price, a standard formula is to multiply 2 years of the net plus consideration of business assets. This business is being sold for the cost of the assets.
Do I have to pay for additional machines?
Additional snack machines must be purchased, and can be obtained through a wholesaler the current owner purchases from.
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale through vending companies such as Vistar or Sam’s Club and Snyders/Lance.
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase.
What type of machines does the business operate?
The Vending machines are: (10) Fortune Resources Model: FFH-B12 machines – Two machines have Entree units attached (1) 30 selection drink machine Dixie Narco 3561 Beverage Max (12) U-Turn Machines that were $799 each new and are in locations in Lancaster County
Why is the owner selling?
Owner has other business interests.
Where is the warehouse located?
The current seller is using a personal storage space as the warehouse.
How many accounts does the route have?
There are 10 accounts, which consist of 11 placed snack and soda machines. There are also 12 U-turn machines on location
How long has the seller owned the business?
The current owner has owned this business for 1 year.
How many days a week, and what hours does the owner work?
Currently the owner works 2-3 days with 10-15 hours per week. The hours are flexible.
What about vacation time or personal days?
As a business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire relief drivers with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offers protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Be Your Own Boss with flexible hours! Unlimited growth opportunity! The vending machine business is a 100% cash-only business that offers a residual income! The long cherished notion of getting a job that would provide both long term security and benefits is close to disappearing in the American workplace. It is no surprise that more people today want to do “their own thing”. Vending is one of the final frontiers. Hurry this won’t last long! Priced to sell at $79,000! Contact Us About This Route Here!
How can I learn more about these type of routes?
For additional Consulting Services with one of our route specialists Request A Consultation Here.
