FOR SALE
644863
B09364 / Rightbiz
CoGoGo presents to the market a compact and highly accessible vending machine business offering a straightforward route into semi-passive income.
Established for approximately 1.5 years, the operation currently runs five vending machines positioned across three active shopping centres, benefiting from consistent footfall and repeat custom.
The business is well-suited to an owner-operator or investor seeking a low-maintenance venture with limited day-to-day involvement. Operations are simple, with restocking and basic maintenance forming the core activities. The vendor advises that the sale is due to a desire to step away from the sector.
This is an ideal bolt-on or entry-level opportunity with clear potential to increase earnings through additional machines or new locations.
Location
The vending machines are strategically located within three shopping centres, offering strong visibility and regular customer traffic. The spread of locations helps diversify income and reduce reliance on a single site.
Premises
The operation includes five vending machines installed across the shopping centre sites. No dedicated premises are required, keeping overheads low and the business highly portable.
Tenure
Business only. No property is included in the sale.
Hours
The business operates flexibly, with hours set by the owner to accommodate restocking and maintenance schedules.
Staff
The business is run by the owner, with no employed staff required.
Financial Profile
We are advised the business generates an annual turnover of approximately £20,000, achieving a net profit in the region of £15,000.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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