Vending Machine Business

North Yorkshire Vending Business
Turnover: circa £145k
Gross Profit: circa £50k

For sale is an established operator throughout North Yorkshire specialising in the deployment and management of freestanding vending solutions. The business partners with locations to offer their vending solutions with commission payable to the locations they work with.

THE OPPORTUNITY

Proven Success: The business was established 9 years ago and, in this

time, has built up a loyal, repeat partner base. Excellent profit-to-time ratio.

Reliable profits due to seasonal demand and low operating cost.

Trusted Partner: Trusted by repeat custom, the business has established

itself as a reliable business to partner with, tapping into a niche market and quickly becoming well-known for quality and service. The brand has established their own identity through their unique offering and diverse product line.

Excellent Growth Potential: The business operates through partner sites in and around North Yorkshire and offers excellent scope to expand further into additional leisure locations throughout the UK.

The business is highly relocatable throughout the UK.

Reliable Suppliers: Strong and established partnerships for consistent

inventory with opportunities to expand the current product line. The brand

works with producers and suppliers with whom they have long standing

relationships and preferential terms.

Partner Loyalty: The business has long standing relationships with a huge range of vendor locations including restaurants, holiday parks, retail spaces, pubs, shopping centres and more…

LOCATION

Currently the business operates throughout the following postcode areas of North Yorkshire – WF, TS, LS, HG, DL and YO

OPERATIONS

The business operates with 260 vending machines, most of which are active across the 154 sites, many having multiple machines, all of which will be included within the sale and will be fully stocked, representing a significant saving for an incoming operator, allowing someone to hit the ground running from day one. There is also a 4-week training / handover period included in the purchase price if required, and a fully equipped van is also available to purchase by negotiation.

MARKETING

The business products are of high quality, and the machines are modern and easy to operate, giving minimal need for external marketing as all the items are point of sale goods.

The business holds a large database of customers/vendors that they work with and continues to rely on long established relationships for growth requiring minimal spend of paid for advertising, however there is scope to grow the brand on social media to attract a wider audience from both consumers and potential vendors partners.

MANAGEMENT AND EMPLOYEES

The business is managed by the vendor part time throughout the year with the assistance of one employee who earns £24k per year and works on a rota basis to restock the machines, reconcile the cash collected and pay the site their commission. The business could easily be ran by a sole trader, without the need of an employee to maximise profit, or as a partnership, with each partner on a part time basis servicing the machines.

GROWTH OPPORTUNITIES

This opportunity has endless growth potential for an existing

operator to bolt on or someone looking to enter the market with an established customer base with this well-established business:

· Product diversification

· Enhanced digital marketing including increased spend on paid search & social

· Expansion into the larger vending units to increase product offering to drinks/snacks.

· Increase reach across more regions within the UK.

FINANCIAL INFORMATION

This is a sale of part of a larger operating business so detailed financial statements and forecasts will be provided to interested parties.

FURTHER INFORMATION

Don’t miss out on this incredible opportunity to own and grow this unique business with a long-established trading history.

Further information is available by speaking with us and for more information please contact us.