Silicon Valley Vending & MicroMarket route

Santa Clara, CA (Santa Clara County)

Seller Financing Available
One of several Schools
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Asking Price: $149,000

Cash Flow: $60,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000*

Rent: $799 per Month

Established: 2013

*not included in asking price.

Silicon Valley Vending & MicroMarket route

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Business Description

Turn-key and possible owner financing

Privately-owned Vending and Micro Market business operating a turn-key program that promotes a healthier lifestyle and supports healthy eating practices, through the use of vending machines and Micro Markets in businesses, schools and fitness centers.
The business opportunity offered here is a growing and profitable vending business with new state of the art machines, micro markets, and marketing services in place. It is a great supplemental income opportunity with part time of 25 – 35 hours a week for a “turnkey” proposition, for a fully-operational, well equipped, scalable business.
This business is 100% set up with established locations, prior to Covid restrictions, average grossing $250,000 a year with free cash flow of $60,000 anticipated for 2021.
BUSINESS ATTRIBUTES
This business has considerable upside potential. There are several striking attributes of, and opportunities from both company divisions and the acquisition opportunity offered.
• Both websites, and the DBA’s would be included in the sale
• These vending machines and Micro Markets offer healthy snacks, drinks & entree options - a welcome change from the normal vending foods available in most places and a concept that is in line with the Valley Culture.
• The vending machines have multiple payment options, especially TOUCHLESS, state of the art features and boast the most advanced features to provide the most user-friendly experience in the industry.
• They are also equipped with internet capabilities, so the owner can receive notifications if there are any problems with the machines, as well as see up-to-the-minute purchases and inventory reports.
• A recession-resistant industry and a growing stable revenue base with significant expansion opportunities.

These newer machines are one of the most innovative in the US markets and have state of the art payment system and machine features.
Machine Features:
• Soft Elevator Delivery System. Waist high dispensing area
• ADA Compliant
• Energy saving feature which turns off the LED cabin lights during non-operational periods
• Programmable health and safety controls, as well as expiration date per selection
• Continuous self-testing & diagnosis Failure incident report
• Sturdy all steel constructed cabinet with corrosion resistant & rust proofing treatment
• Injected foam cabinet, assures the best refrigeration using low power consumption by the cooling unit
• Complete accounting data storage retrievable via machine programming display or DEX / UCS / RS232 ports
• LCD screen displays prices, programing messages and machine status
• Easy Flex® and High Cap® conveyor belt extractors, the most advanced and adjustable extraction systems in the market
• First in first out (FIFO) delivery dispensing
• Integrated PDSS (product detection sensors system). Guaranteed delivery and eliminates double vends
• Anti-Pick lock cylinder combined with a 3-point door locking system

Two Micro Markets are inside a company's cafeterias, for approx. 150 employees, with a Kiosk for account management and state of the art payment and inventory control systems, video surveillance, coolers, and large product shelving. Fresh catered foods, drinks and snacks brought in daily. The company pays one payment a month, subsidizing employees for $75.00 each per month. This location has been contracted for over five years.

Attached Documents


Detailed Information

Location:
Santa Clara, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
31 machines and 2 Micro Markets
Competition:
The global vending machine market is expected to have decent growth prospects from less dependency on retailers, cost cutting and need of continuous supply of goods and services. Vending machines offer supplies of food, beverages, daily sundries and CoVid PPE's. In the next five years, operators will work to meet changing consumer preferences, offering a wider selection of products, including more healthy snacks. Technological advancements such as touch screen, secure and multiple transaction, various payments such as mobile payments fuel the market.
Growth & Expansion:
An expanding population, expanding variety of new vending concepts (including Covid PPP’s) and need for convenience. There are several things that can be done by a new owner to increase profitability. > Continually locate new locations to place more machines and Micro Markets. > Complete another School District contract being negotiated > Leverage the currently engaged RainMaker sales support team, for new leads. > Leverage the existing websites to drive leads, to sales. > Expand to apartment complexes, needing onsite snacks, sundries, and CoVid PPE’s.
Support & Training:
In addition to the support that will come from the continuity of existing contractual relationships, so as to facilitate a smooth transition of ownership and operations, Owner will arrange the necessary introductions for the new owner to customers and vendors. In addition, he will provide training as may be required, for as much as 20 hours per week for 2 weeks.
Reason for Selling:
Retiring from the business.
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Business Listed By:
Chris Prohaska

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