Established Vending and Micro-market business

Wake County, NC

Seller Financing Available

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Asking Price:$300,000
Gross Revenue:$325,000
Rent:$2,635/Month
FF&E:$215,000
Cash Flow:$125,000
Inventory:$10,000
EBITDA:$85,000
Established Year:2017
BUSINESS DESCRIPTION

In business for over 7 years with assets and W2 employees with over 4 years of experience troubleshooting maintenance and repairs, ordering items for sale, and serving customers. We have 6 markets and over 40 vending machines serving over 12 customers. We also have a 3-year contract with a major customer with 50% left to execute. We have vehicles, and equipment ready to go. This business could not be more turnkey.


DETAILED INFORMATION
Location
Wake County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,800
Lease Expiration
31/12/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two delivery vans, electric dolly for moving large machines, and multiple dollies and trollies for inventory management. Business operations completely locatable to private property, or a location within the county.
Competition
Largest privately held vendor in the area that can compete with Canteen.
Growth & Expansion
Business is ready for growth
Support & Training
Available for transition
Reason for Selling
Owner has other business pursuits.
Home-Based
This business is Home-Based
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David Whitmire
David Whitmire