$650,000 FOR SALE

Commercial/Retail

53 King Street
Saint John, NB E2L 1G5

A great opportunity to acquire a 25+ year old Vending Machine business in southern New Brunswick. This business is ideal for an existing business owner to expand the product offerings and access a larger client base or for a new business owner to take over this successful business. The company operates over 300 vending machine units in over 125 locations. The company has no long-term debt and has grown over 60% since 2014. Vending contracts include hospitals in major cities of New Brunswick (including Moncton, Saint John, Sussex and St. Stephen). Price includes over 300 vending machines (many equipped with bill acceptors and 60 with card swipes), 3 cargo vans, 3 employees (2 have been with the company for over 20 years), coin sorter, coin tuber and a bill counter, several of the 25 cent candy machines, between $40K-50K inventory/stock. The owner is retiring after over 25 years of successful operation. Willing to provide training for up to 2 months. Highly profitable with profit margins ranging over 28%. (id:47423)

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Listed By ROYAL LEPAGE ATLANTIC
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB094943
Last Updated Jan 15, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Equipment None
Municipal ID 00000000
Property Type Other
Rental Equipment None
Transaction Type For sale
Building
Cooling Type None
Land
Total Size 0 acres

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