, Texas 8 views 0 favorites
This is a Profitable and Established Vending Machine Company Located in DFW with a great history of success. The industry is growing every year and this company is in a great location primed for growth. Growing demand for on-the-go snacks, drinks, etc. due to a hectic lifestyle is boosting product sales. The growth can also be attributed to the machine's ability to deliver goods quickly making it an extremely convenient option for consumers. Also, flexibility, in terms of location, i.e. indoor or outdoor coupled with the option to operate the machines 24/7 without any manual intervention makes them ideal for use in offices and commercial and public areas. Vending machines are highly effective as they help save labor costs, which is also driving their demand. Vending machines are widely used in offices to save space and costs and to maintain cleanliness. Commercial places application is also expected to have significant growth over the forecasted period owing to a rising number of commercial projects across the globe. These machines are widely used in hotels, clubs, colleges, hospitals, etc. Location: Texas Year Established: 2000 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 2,600 Rent: $2,200.00 Per Month Facilities: The business operates in a nice 2,600 sq. ft warehouse with an office space in the front at $2200 a month. Market Outlook/ Competition: There is competition but owner doesn't run into them much. They have a niche targeted customer and have thrived through the years with this group Growth & Expansion: There is good potential for growth with added sales/marketing staff and building a website presence. . This business is ideal for a buyer that wants to grow revenues. The current owner is comfortable with the current business size and revenues. He has not wanted to grow the business due to age, time requirements, and the fact he makes a good living.
Listed: Apr 18, 2022
Updated: 5 hours ago
Views: 8
Favorites: 0