Vending Machine Business

Gauteng
Price : R 3,300,000
Listing Type : Vending Machine Services
Location : Gauteng
Ref No. : 2969
Year Established : 2022
Turnover : R 151 513 pm
Expenses : R 23 892 pm
Net Profit : R 67 269 pm
Asset Value : R 2 041 000
Stock Value : R 50 000

Current owner bought the business in 2022. The previous owner started the business in 2017 and had a staff member doing the daily duties; however, the current owner is running the operation on his own. The business is a vending placement business including stocking the machines. The structure of the business is placement of vending machines of which all are currently placed with rental contracts in place, making the income stream two-fold, one is the rental and the other is the sales that each machine generates.

These are state of the art machines where 25 of the machines have card readers, this increases sales by up to 30 %. All machines have counters, making management very easy. This is ideal for someone looking for a self-employment opportunity, or someone who is willing to put a staff member on the road to do all the stocking of the machines at a reasonable wage. This could even be a part time position. The current owner uses his own vehicle and operates from home so expenses are minimum.

The  reason for selling is that the owners father is retiring from the family business and requires him to take over.

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Due Diligence
Financials
Prospectus