LISTING ID # 36270
Turn-Key operation. Ideal for Investor After 40 years in the business, the owners of this Middlesex County vending machine business are cashing out. Not yet at retirement age, the principal owner is looking to offload his current duties to devote his time to expanding the account base and to developing a burgeoning, self-service micro mart convenience store business. And the purchase price of this business will get significantly lower if the ownership is heavily incented to achieve results. The staff is in place to absorb the owner’s current activities. After acquiring $100,000 worth of vending machines in 2023, no further acquisitions of traditional machines are planned for 2024 and 2025. The effort will be to move the higher volume accounts to the newly acquired vending machines and to pull the low volume machines in favor of new accounts. Smart Vending and Self- Checkout Markets Micro market vending is running a self-service convenience store that offers more than the traditional vending machine by stocking what you’d typically find at your local healthy corner store, but without using a human point-of-sale (POS) employee. Already providing the broadest assortment of food products in the vending machine business, ownership has been approached to enter the new market. For more information, contact Gerald Nimberg, Senior Business Broker.
