Supplier of vending machines and their contents – based in South East England

The company is being offered for sale due to the managing director’s personal circumstances.

Offers invited.

– Provides tabletop and freestanding machines that vend hot and cold drinks, ready meals, snacks and fresh / frozen goods, alongside all content and ingredients.

– Machines and contents can be sold on a self-fill or fully maintained option, with the latter including restocking , cleaning and repairing of the machines.

– Caters to 90+ customers across the healthcare, education, sport and leisure, commercial, industrial and public sectors, with 95% of revenue generated from contracts.

– Experienced second-tier management team in place, with a managing director who would be willing to remain with the business on a reduced capacity, post-sale.

Financial Highlights

– Management turnover of £946k, with an adjusted EBITDA of £178k.

– YE22 turnover of £918k, with an adjusted EBITDA of £130k.

– Pipeline for 2024 is currently valued at £50k.

– In addition, the business expects to sign a new contract with an existing client in 2025 that is set to generate in excess of £500k.