What is the difference in an electrical snack or soda machine vs. A mechanical snack or soda machine. This video of an Antares Refreshment Center combo vending machine shows you. See the machine inside and out.
What are the current average sales and gross income for this route?
Used Vending Machines For Sale
Currently this route grosses $33,020 in yearly sales, and nets $10,430 per year. Income documentation will be provided to all serious buyers. Owner runs the route as a cash business and is selling as an asset sale for machine values only.
How do I get paid?
As an independent operator you are make money 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 40%.
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?
Need Money? You can review additionalFinancing Options Here There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons.
What are my expenses and overhead?
Expenses include, but are not limited to: product cost, machine repairs, gas, vehicle expenses, and insurance. The above cash flow represents the profit after an estimated $22,589 in operating cost and expenses are subtracted.
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 worker’s 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.
What type of vehicle do I need?
The route can be operated with a personal truck or van. When considering a vehicle lease or purchase, Routes For Sale recommends Bush Trucks.
What is the Gross vs the Net income?
The gross income for the route is $33,020 per year, minus your above mentioned operating expenses of $22,589, gives you $10,430 in net income or cash flow.
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 route is beoing sold for the value of it’s vending machines at $25k.
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale through wholesale retailers such as Sam’s Club, and othe rvending supply companies.
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 machines include 11 2009-2010 Planet Antares Office Deli Combination Machines (allows you to sell soda, snack, and meals), and 1 Vendo 540 Soda Machine.
Why is the owner selling?
Owners job is requiring him to travel full time.
Where is the warehouse located?
No warehouse is required. Current owner operates from his home.
How many accounts does the route have?
Currently there are 7 accounts and 12 machines with the majority of the accounts located in Wilmington, North carolina.
Does the owner have contracts in place with customers?
No, the majority of the business is operated without customer contracts. From experience the owner has found that developing positive customer relationships is better than contracts.
How long has the seller owned the business?
The current owner has owned this business for 3 years.
How many days a week, and what hours does the owner work?
Owner works 2 days per week 4 hours each day. Hours and days are flexible and can be customized to each individuals needs.
What about vacation time or personal days?
As an independent business owner you are responsible for servicing your accounts. It is our recommendation that you hire or train someone for additional time needed off.
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 offer 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! Great supplemental and passive income and very part-time! Priced to sell for the cost of the equipment at $25,000! Contact Us About This Route Here!
How can I learn more about these type of routes?
Antares Vending Machine Manual
For additional Consulting Services with one of our route specialists Request A Consultation Here.
Vending Machines For Sale Near Me
Snack and Beverage Combo Vending Machines
People will always need food and drinks, especially when they're on the go, and that's where the snack and beverage combo vending machine can be a savior. This unique style of vending machine has the ability to hold both food and drink in a combo device so they can serve customers' needs all in the one place. These vending machines commonly appear in hospitals, offices, schools, shopping malls, and anywhere people might need a snack option on the go, and they come with features to suit any setting and many price ranges.
What Can You Put in A Snack and Beverage Combo Vending Machine?
A drink and snack vending machine has the capability to do so much more than just vend soda, and there are countless options for what you can use them for depending on your customer's needs and what selection they might prefer. These can include:
- Packets of potato chips, corn chips, nuts, and more;
- Candy bars;
- Soda, water, and juice bottles;
- Sandwiches and wraps; or even
- Milk and yogurt.
Are There Different Sizes Available?
Depending on how much traffic you have where the combo soda vending machine will be, you'll need to consider different sizes for the space. There are a few choices available for vending machine sizes and various layouts you can choose as well.
- Compact machines: These machines are best for smaller spaces with fewer customers and can hold as little as 12 selections.
- Mid size machines: This common size features both food and drink like sandwiches, candy bars, and soda.
- Large machines: These usually hold a wider range of food and drinks to vend with space for up to 32 or more items. Some larger ones even feature space for items like baguettes, fruit, and vegetables.
What Are the Common Features of These Machines?
Modern vending devices like this come with features that weren't around when the first ones appeared, and they're now more user friendly than ever. These are some common features you will find on snack and beverage combo vending machines:
- Payment options: There are various choices for payment with these machines including a bill validator, coin changer, and credit card reader, as well as the standard coin and note acceptor.
- Various sizes of food and drinks: These machines can fit smaller snack size packets of food or larger sizes, and cans or bottles of drink in various sizes.
- Moving spirals: Spirals are important parts that disburse the food and drink, and come in sizes small enough for gum and mints.
- Lights and displays: Some machines have active displays that help with impulse purchases or back lights that show the products off.