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Vending machine business for sale in Billingham County Durham with machines across the North East

Billingham, County Durham

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    650092

  • Leasehold: Price on Application
  • Rent: £8,340 (£695 per month)
  • Turnover: £600,000 (£11,538 per week)
  • Profit: On request

Key Features

  • Diverse range of vending products
  • Established long-term client base
  • Established market presence
  • Experienced management team

Business Details

VENDING MACHINE BUSINESS FOR SALE MACHINES BASED AROUND THE NORTH EAST

We  have a very well established vending machine business for sale. Based in BILLINGHAM, TS23

This includes coffee machines, bottle machines and snack combination machines. These are sited on various sites around the North East of England with most needing twice weekly visits due to high usage. The company sells and rents out vending machines offering cold and hot beverages and snacks. The business also offers comprehensive services such as stocking and maintenance.  We are now offering the company for sale to facilitate retirement plans. Circa 235 clients with lease agreements in place, generating strong recurring revenue.   We have consistently maintained high client retention, with most relationships spanning over a decade.  Operates from leasehold premises, but also available as a regionally relocatable opportunity. Offers invited. 

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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