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Vending Machines - Well established and profitable

 

PROFILE    
Description:    You only need to work three days a week to run this vending machine business selling canned products and packeted confectionery in 33 locations. Well established after 19 years in operation. Only one employee to manage.
Industry / Sector:    Services
 
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban
Location / Area:    Varied
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
 
PRICE    
Asking Price:    R 480 000
Conditions:    Cash deal required
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 40 000 per month
Profit:    R 15 000 per month
Annual Return:    38 % per annum
No. of Staff:    1
Year Established:    1999
Legal Persona:    - unknown or withheld -
Other Information:     
  MACHINES  
There are three different type of machine.
Three spare replacement machines are on standby.
Eight other machines are in repair and under refurbishment.
The machines are valued at R12 500 each.

  LOCATION ARRANGEMENTS  
No commission is paid to the site owners and there are a few sites that actually pay a retainer to the vendor.

  FINANCIAL  
Stock purchases average out at between R7 000 and R12 000 weekly yielding a monthly turnover of R40 000 which gives a 40% profit margin.


 

 

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Record ID: 2805
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