BN000039481 – Legacy Vending & Coffee Service Business
A legacy, third-generation, family-owned full-service vending provider of food and beverages and offers its own in house commissary. The business also specializes in providing coffee and tea machines for office breakrooms. All services and equipment are provided through the business.
Key Aspects:
• In operation for over 70 years with an outstanding reputation in its served markets
• Market independent, owning all vending and drink equipment, allowing highly customizable product mixes
• State-of-the-art, innovative technology in all equipment
• Dedicated and tenured staff
Opportunities:
• Expansion into surrounding cities to widen customer base
• Further expansion in the micro markets segment
• Continue introducing packaged, fresh food offerings
Headquartered:
South Central U.S.
Current Markets
• The company serves area organizations in a key Southern U.S. city.
Real Estate
• The business operates from a 10,000 square foot facility that is held by the business. Although the operating real estate is expected to be part of a transaction, ownership is open to leasing it post-sale.
Shareholder Objectives
• The sole owner is seeking retirement and an eventual full exit from the business. The owner is open to remaining on for a negotiable transition time post sale and various deal structures
that will facilitate a transaction.
