Vending Machines | Futuristic | Scalable & Lucrative For Sale

Description

Snack and beverage vending machine business for sale serving locations throughout Greater Boston. The company focuses on healthier food and drink options and is currently operated on a semi-absentee basis.

Operating model

• Home-based business
• Machines placed in high-traffic locations
• Approximately one service visit per machine each week
• Typical onsite restocking visit of about 30 minutes
• Remote monitoring through a cloud-based platform

The system allows the owner to monitor sales and inventory needs from a phone or computer before visiting each location.

Equipment

The business uses touchscreen combination vending machines offering both snacks and beverages.

• Cash payments
• Credit and debit cards
• Mobile wallet payments
• Customizable product selections
• Remote sales and inventory tracking

Machine performance

The seller reports that most machines generate approximately $800 to more than $1,000 in monthly net income.

Buyers should verify these figures on a machine-by-machine basis, including product costs, location commissions, payment-processing fees, fuel, spoilage, maintenance and restocking labor.

Growth

• Add machines at new locations
• Develop relationships with offices, gyms, schools and other high-traffic facilities
• Increase higher-margin product selections
• Optimize product mix using sales data
• Expand into additional Greater Boston territories

Due diligence

Buyers should verify historical financials, machine ownership and condition, revenue by location, placement agreements, location commissions, product margins, payment-processing fees, maintenance history, inventory requirements and the terms of any existing site contracts before closing.