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646184
Located in Stoke-on-Trent, this vending machine business has three machines strategically placed to attract foot traffic within the busy shopping centre. The current contract runs until August, with options for either renewal or relocation. With two years of ownership experience, the seller has effectively established a profitable operation that has seen an increase in turnover, particularly during peak seasons such as Christmas and holidays.
The absence of competition in the area further strengthens the business's position, allowing for an uninterrupted flow of customers eager to make use of the vending services. The sale includes all three vending machines and the prime location, providing a comprehensive package for an incoming buyer.
Insights on Business Operation
While the current owner is relocating to London and will no longer be able to manage stock replenishment effectively, they are committed to providing training for the new owner. This includes setting up a Nayax account and downloading the Moma app to track sales and inventory easily from a smartphone. It is preferred that the new owner resides in Stoke-on-Trent to ensure smooth operational oversight.
Key Benefits of Acquisition
This vending machine venture boasts a range of advantages that make it an appealing opportunity for potential buyers. The business features a comprehensive inventory of equipment and a diverse selection of vending products, catering to varied customer sectors. It benefits from an established long-term client base and a solid market presence, offering flexibility in operational capacity and a low-cost framework.
With growth potential in mind, the business model allows for easy relocation, making this an ideal venture for first-time buyers. Payment options, including contactless transactions, cater to the modern consumer, further enhancing customer satisfaction and loyalty. Overall, the combination of a profitable vending solutions business, comprehensive handover support, and limited local competition positions this opportunity as a lucrative investment.
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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