Amusement Vending – Gulf Shores & South
Alabama
Baldwin,
Mobile, Escambia & Surrounding Counties
Financials
Asking: $325,000
Included in the Asking Price:
Furniture, Fixtures, Equipment & Inventory:
$250,000
Gross: $290,888
Cash Flow: $81,686
Summary
Description
This is a very well established amusement coin-operated machine route that is
now under 3rd generation ownership and available for the first time in 65
years.
This vending route has an established track and a stable customer
base. This industry has proven to be recession resistant as folks are always
willing to spend a quarter in their pocket. The fact that the firm has operated
continuously for 65 years is proof of this.
The route consists of 32 locations with 200 vending machines on
site. These are amusement vending machines (digital jukeboxes, pool tables,
pinball machines, foosball, video games, air hockey, etc.). All machines are
metered to insure proper and accurate collections. The revenues/collections are
all 100% cash. The route runs 5 days a week with deposits made daily. There are
no inventory issues to deal with such as sodas, snacks, plush toys etc.
All machines are paid for and the company is debt free. The
purchase price includes computer, existing machines and tools in warehouse, all
machines on location, one Ford Focus Station Wagon route car and a Ford F250
Delivery Truck with a modified bed for hauling equipment and Tommy Gate Lift
with a 1,300 lb loading capability.
This is a turnkey operation and the new owner will be able to hit
the ground running for immediate returns on investment. Owner can continue to
grow the business by adding additional machines and locations to the route.
There is local competition; however there are no exclusivity
arrangements in the region and the route is located in one of the fastest
growing areas in the United States: the Alabama/Florida Gulf Coast (Southwest
Alabama/Northwest Florida). This is an all cash business.
General
Information
Year Established: 1944
Employees: 5 Full Time
Facilities: 5,000 sq. ft. building
Market
Outlook
Competition: There is local competition; however there are no
exclusivity arrangements in the region and the route is located in one of the
fastest growing and dynamic areas in the United States, the Alabama/Florida
Gulf Coast (Southwest Alabama/Northwest Florida).
Growth and Expansion: Route is completely expandable. Buyer can continue
to add more machines and locations to the route. The territory is NOT exclusive
so the buyer can add additional machines and locations anywhere.
About
the Sale
Financing: 50% down, credit approval, terms negotiable
Support/Training: Owner is committed to a smooth transition and will
thoroughly train a new owner in all phases of the business for 30 days.
Reason Selling: Retirement
Contact
Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910