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Vending Machine Business For Sale

Not on MLS®

Sale of Business in Toronto, ON

Listing Details

Financial Details

About the Business

Growth and expansion potential:

Here are some key areas to consider for expansion: Diversifying Locations: You could explore additional types of locations such as educational institutions (universities, colleges, schools), transport hubs (bus stations, train stations, airports), shopping malls, and large residential complexes. These areas typically have high foot traffic and diverse demographic profiles, offering opportunities for increased sales. Upgrading Technology: Consider integrating more advanced technology in your machines, like touch screens, mobile payment options, or even smart inventory management systems. This could enhance user experience and operational efficiency, making your machines more attractive to host locations. Expanding Product Range: Broadening the variety of products offered – such as healthy snacks, gourmet or ethnic food options, organic products, or even non-food items (like tech accessories or personal care products) – can cater to a wider range of preferences and attract more customers.

Support and training for new ownership:

will provide training to buyer.

Reason for selling:

we are only selling because we are moving into another business venture that will be time consuming.

Description

Vending machine business for sale; experienced vendors preferred! Cost for entire business $120,000 WILL NOT RESPOND TO “IS THIS STILL AVAILABLE”. ONCE AD IS UP, IT IS STILL AVAILABLE. SERIOUS ENQUIRIES ONLY We are selling our vending machine business containing 9 locations. It is a very profitable business; we are only selling because we are moving into another business venture that will be time consuming. The 10 locations are as follows: 1. Manufacturing plant in Vaughn (260 employees - 24x6)- Vive combo machine (1.5 years old) - earns $1200 gross monthly 2. Distribution centre in Pickering (70 employees 24x7) – Vive combo machine (1.5 years old) - earns $600 gross monthly 3. Nursing home in Toronto – (300+ employees, $150 residents + visitors 24x7) Vive combo machine (1.5 years old) - earns $500 gross monthly 4. Office/call centre in Toronto (100 employees 12x5)- 2 Ivend combo machines (1 yr old and 4 years old) - earns $550 gross per month 5. 4 large Office locations in Mississauga (200+ employees each 8x5) – 2 Kiovend combos (brand new), 1 Whittern snack machine and a Healthy max combo machine - earns $800 gross per month 6. Mechanic shop location in Woodbridge (15 employees + customers 10x7) – Seaga combo machine- earns $100 gross per month Total income for all locations is $3750 gross about $2500 net after stock purchase etc All 10 machines have card readers (8 Nayak and 2 Kiosoft) and coinmechs, 6 have bill acceptors We also have a brand-new combo machine for $4500, a healthy max combo machine for $3000 and a JBC coffee machine for $4000 (these are not on a location) We also have 2 extra coin mechs ($400 each) and a bill validator for $300

Location & nearby

This listing is located in Toronto, ON