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Business: Successful Vending Company for Sale

Listing No. 11107

Type of Business: Vending Company

General Location: Metro Area of Asheville, NC

Reason for Sale: Owner retiring

Purchase Price: $1,075,000

Tangible Assets:

Estimated Value: $200-300, 000

Inventory: $70,000

Terms: Owner prefers all cash, but will consider some financing

Business Summary/ Company History

The company is located in the Metro Asheville, NC area .It has been in operation since 1945. The current Owner purchased the business in 1990.

Business provides vending service to industrial and commercial customers. It sells cold drinks, coffee, food and snacks.  The company also has small catering service. The vending business accounts for 95% of sales with catering 5%.

Company has 50 major accounts that are repeat customers. There are no contacts. Sales are handled by inside telemarketer and the Owner.

Business operates five (5) days a week 8-5 PM. There are three (3) operating routes.

The company has five (5) full time employees and two (2) part time employees.

Owner owns the real estate which consists of 1.1 acres with a 5000 square foot building.

Financial Summary

Fiscal year Annual Sales

Cash Flow

2008 $947,533 53,049
2009 $820,600 43,559
2010 $820,570 49,846
2011 6mo $456,546 59,781
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