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Food route delivery business for sale - $250,000

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Posted : Tuesday, July 09, 2024 12:46 PM

Vending and delivery route for sale.
This route is along the Oregon coast and does not include other routes owned by the business.
May consider partial trade but no idea what that may be.
These are rough numbers.
Gross sales $450,000 per year.
Cost of goods sold about 250K per year.
Equipment consist of vending machines, coolers, freezers, micro Market equipment and delivers trucks.
Most vending equipment upgraded over the last 2 years.
Not brand new equipment but upgraded.
Business comes with vehicles, vending equipment, setup cost, racks and other equipment worth about the price of the business.
That's used price of equipment as new would be significantly higher.
Rent and utilities around $25,000 per year.
You can significantly reduce this number.
Part of the rent includes a very small living space ($750 a month) but you likely will not even need it.
Can easily reduce the overall rent by about 50% with just a few minor adjustments.
Labor is almost nothing because owner works the business.
Total labor is well under $10,000 a year.
The majority of that cost is due to the fact the owner is not always present and has to hire things done in his absence.
Work the route and you reduce or eliminate labor cost.
Route is from Lincoln City to Oregon, Washington border.
All equipment, including Vehicles, vending machines, fixtures, displays owned by the company, are free of encumbrances.
Business has zero debt.
Fuel is a large expense because these are being serviced out of the area but if you can service from Tillamook or nearby it will be significantly less.
This business has completely paid for itself over the last few years.
Funds generates covered business loan payments of around 3k a month, allowed funds for equipment upgrades add left some money to owner.
Owner is willing to consider financing with a minimum of 50K down plus cost of inventory.
Only reason this is offered for sale is once this business paid for itself, owner purchased a similar business in a signigicantly larger market that is rapidly expanding.
Plus being the first of the year having additional cash is not going to hurt me on taxes as I've got a whole year to figure that out.
We're just coming out of the slowest season for this route and it's only going to get better until this time next year so the time is ideal for a buyer too step in.
We're still in the slow season and that will give you time to learn the business but slowest time has already passed.
Closer it gets to summer the less motivated owner is to sell the business but it's a perfect time to purchase and perfect time for owner to sell.

• Phone : NA

• Location : Netarts,OR

• Post ID: 9098695856


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