One of the Region’s Largest, Highest Quality and Financially Secure Vending Businesses #407

Description

Business type: vending machine operation

Service area: Brisbane and Gold Coast, Queensland, Australia

Trading history: 15 years

Asking price: $1.59 million

Additional: stock at valuation and machine floats

Assets

Vending machines: 180

Plant and equipment value: approximately $1 million

Stock value: approximately $100,000

Cash and machine floats: approximately $30,000

Customers

Corporate clients: established

Government departments: established

Schools: established

Industrial sites: established

Long-term contracts: in place

Client base: loyal

Operations

Ownership: one owner

Owner hours: approximately 20 per week

Driver team: established

Restocking and collections: 5½ days per week

Income profile: recurring

Growth

• Add new vending sites
• Increase corporate accounts
• Grow through client referrals