Located in Michigan, the Company specializes in providing juice and coffee beverages to retirement homes and restaurants. With strong relationships with notable Midwest beverage vendors, the Company offers customers a wide selection of both machine and beverage options.
The Company differentiates itself from competitors by offering a comprehensive suite of services for customers when they place an order. If a customer requires a restock of juice, coffee, or soda, the Company's robust maintenance team ensures arrival at the customer location within 24 hours or less to provide both product restocking and machine maintenance and cleaning. This swift and reliable service enhances customer satisfaction and loyalty.
Moreover, the Company secures its revenue streams by signing all new customers to three-year exclusivity contracts. This strategic approach ensures a steady and predictable workload, contributing to the Company's financial stability.
The Company operates out of multiple facilities leased by unrelated third parties. Current ownership is looking to divest from the Company to retire. Ownership has expressed a willingness to stay on in a limited capacity to support new ownership in the event of a transaction.
Buyers will be required to have a minimum of $50,000 of available capital, solid credit, and preferably industry experience to qualify for SBA 7a financing.
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