Retail - Vending Machines

Asking Price	$280,000	Inventory
Gross Income	$251,922	Real Estate
Cash Flow	$88,719	Year Established	1987
FF&E	$84,700*	Employees	0

* included in the asking price

** not included in the asking price

This is a highly profitable soda & snack vending business with top producing accounts and a well-laid-out route. This is a one-man business and all financial figures are calculated with the owner servicing the accounts himself. The vending route consists of 58 vending accounts with a total of 137 vending machines. The route is well condensed primarily in the Watsonville area with another 8 accounts in Hollister. 83 of the vending machines are soda machines that are on an ongoing free lease loan program to the owner from Coke & Pepsi. This is an excellent arrangement for the new owner because it is a common practice for Coke and Pepsi to continue the loan of the machines to the new owner as well as providing additional machines for new accounts. This arrangement helps the owner to grow the business more easily because there is no financial outlay for new soda machines when new accounts are obtained. Some years ago when this route was put together, the original owner focused on obtaining locations with many employees and therefore, much more product is sold at each location. The prices charged for products are on the high end. The combination of bigger accounts, top-end prices, and the condensed route enables the owner to make top dollar per hour of work. The route takes approximately 32 hours of work per week in the winter and 40 hours per week in the summer. Product and money in the machines are not included in the price. Ample training, future consultation, & a covenant to not compete are included in the price as well as the name of the business, if desired. We invite you to visit us on our web page at: www.silverbridge.us

Facilities: The vending accounts are serviced at the location of the machine and so there is no need to rent an office or storefront. However a small storage unit will probably be necessary.

Competition: The Vending Industry is based on service. Provide your customers with dependable, friendly, responsive service and they are most likely remain loyal.

Growth/Expansion: The obtaining of new accounts is part of maintaining business.

Support/Training: The owner will train and in addition, provides a consultation period which begins upon the completion of training. He also includes a covenant not to compete.

Reason Selling: Other business interests