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Page 1: FOR SALE: Vending Machine Service with Steady Sales · FOR SALE: Vending Machine Service with Steady Sales 175 machines in the field for 90 accounts across the Omaha metro ... Pepsi,

The Firm Business Brokerage Cortney Sells, President Phone: 402.998.5288 [email protected] ID#: LOG006

FOR SALE: Vending Machine Service with Steady Sales 175 machines in the field for 90 accounts across the Omaha metro

Financial Overview

List Price: $290,000

Gross Sales 2016: $342,809

Owner Profit/Cash Flow 2016: $92,289

Profit Margin: 27%

Multiple: 3.15

Valuation: 2016 Cash Flow x Multiple = Price

$92,289 x 3.15 = $290,710

Funding Example

Purchase Price: $290,000

10% Buyer Down Payment: $29,000 10% Seller Financing: $29,000 80% Bank Loan: $232,000

A 10% down payment profits $46,125 in the first year after debt payments.

Description As one of Omaha’s most reliable vending machine service companies, this business has earned its name over the last 20 years with 175 machines placed in 90 locations. Operating with minimal manpower, a part-time driver handles 50% of the route, restocking and collecting change from soda and snack machines. Most accounts have 1 or 2 machines on site, with a small handful using 3. Clients are a mix of all kinds, consisting of corporate offices, machine shops, schools, salons and more. While most accounts are in Omaha, there is an outlying route running every other week. A buyer should consider frequenting these stops weekly, both to increase sales and to gain new clients in those towns. The company’s 2 vans and 1 truck are kept in the business’ garage, which is part of the 2,500-sq. ft. space for inventory, equipment and parts. The seller purchases inventory from Sam’s Club and from distributors. Pepsi, Dr. Pepper and Coca-Cola products are delivered to the company’s warehouse. Growth exists in running the company as an owner/operator to maintain the current Cash Flow. A buyer choosing to run passively could hire another PT driver, add small coffee machines to services, and develop a website as part of increased marketing and advertising. This is a great business for a buyer looking to actively work in the company, or for an investor desiring side income.

Assets Included in Purchase

Equipment: $49,585 – vending machines & warehouse equipment

Vehicles: $34,403 – 2007 Chevy E2500 Cargo Van, 2008 Ford E250, 1994 Ford F250 with liftgate

Intangible Assets: Long-standing accounts, customer relationships, good reputation.

Inventory: $43,000

*replacement value – amounts may vary

Business Information

Years in Business: 20

Location and Service Area: Omaha Metro

Number of Accounts: 90 (175 machines in the field, with some accounts using 2 or 3 machines)

Clients: Corporate offices, schools, salons, shops and more.

Products: Mostly soda & snacks. Juice & energy drinks. No coffee or cold foods. Machines are 60% soda / 40% snacks.

Building: 2,500 sq. ft. – includes garage for vehicles, office and storage for inventory, machines & parts

Reason for Selling: Ready to move on

Employees: 1 PT Driver

Hours: An early riser can be done by early afternoon!

Seller Training Period: 90 days

Growth Opportunities: Run as owner/operator to maintain current Cash Flow. Add another driver. Add small coffee machines. Develop website. More marketing & advertising.

Current Owner’s Responsibilities: Purchasing, account & customer relationships, bookkeeping. Seller will spend 2 – 3 days/week on routes.

Last Revised 11/6/17 by MT

- CONFIDENTIAL -

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Brokerage, LLC.