Vending Controls Manufacturer
Hernando County, FL![Vending Controls Manufacturer](listing-images/1718900887-786421-l.png)
Asking Price :
$ 300,000
Cash Flow :
$ 110,000
Gross Revenue :
$ 331,000
Inventory :
$ 220,000
FF&E:
$ 25,000
Year Started:
2004
Business Description
There is incredible growth opportunity for this specialty niche company with over 20 years of experience. They manufacture vending machine control panels that have applications which range from coin-op laundry machines to vending access controls to vending for electric vehicle charging stations, and many other applications. They have a small manufacturing facility in Florida where they build these cashless payment stations.In their 20 years of business they have perfected their process but they keep evolving to meet customers needs. The current owner has an extensive electrical background. This business has very little overhead, so it is and can continue to be very profitable with high margins. Most sales come in through their website. A new owner would be advised to expand their marketing plan and maybe even add sales reps to the team.
The real estate is also available for purchase separately which includes 5 acres, the factory, and a 3 bedroom home. The factory has three punch machines for harnesses, tools, a fork lift, and everything necessary for production.
The owner is 80 years old and ready to retire but is happy to help the new owner have a successful transition.
Detail Information
Location: Hernando County, Florida
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Sale
Building SF : N/A
Real Estate Value: $ 450,000
Is Real Estate Included in Asking Price?: Not
Employees: 3
Year Established: 2004
Reason for Selling: Retirement