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How To Sell My Vending Machine Business

Sell My Vending Machine Business

Stay in front of your competition. Offer well-known well sought after products. Make the consumer experience fast, easy and trouble-free!

 

Maximise Profits

  1. Know your target market. Locate the machines in high-traffic areas.
  2. When you buy machines, make sure they can be fixed by you onsite.
  3. Each machine on your run must be profitable.
  4. If the machine is not profitable, look to move it.
  5. Promptly attend to the machines when they need servicing.
  6. Be sure to keep machines well stocked – more sales = more profit.
  7. Watch your pricing. Your online systems will show you the products that are moving.
  8. Discount the slow movers. Try discounting the best sellers to increase turnover.
  9. Your vending machine needs to grab the attention of your customers. Is it clean and well-lit. Are the products easy to see?
  10. Maximise the space in the machines so that you can place more stock inside.
  11. Reward schemes work well…. it keeps your regulars coming back.
  12. Automated inventory systems allow you to track your machines’ performance. Spend your time more effectively,  minimise waste and  identify best sellers with the click of a button!
  13. Negotiate a non-compete clause with your distributor. You don’t want to be one of a long row of machines
  14. It’s best to have your machines in close proximity to each other. This makes re-stocking much easier… do it in a day if possible.

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    What our customers say

    For 20 years plus I have seen the results of Tony’s business and the professional way he handles his clients….....

    Bruce Sherlock Testimonial - Work with BCI Business Brokers

    Bruce Sherlock
    Founder and MD, Sherlock Consulting

    BCI Business Brokers
    2018-08-17T15:14:43+10:00

    Bruce Sherlock
    Founder and MD, Sherlock Consulting

    Bruce Sherlock Testimonial - Work with BCI Business Brokers
    For 20 years plus I have seen the results of Tony’s business and the professional way he handles his clients….. He is a man of action and stands behind his words….. It’s nice to see and meet a person who is courteous, honest and willing to go the tough yards to achieve YOUR goals and will not sacrifice his integrity for any short term benefits. Cheers and good luck Tony…
    " Tony, Thank you, for your commitment, professionalism, and dedication to selling my business . I could not have asked...

    Emily Salter Testimonial - Work with BCI Business Brokers

    Emily SALTER
    Director - Fields of Beauty

    BCI Business Brokers
    2018-10-10T16:01:23+11:00

    Emily SALTER
    Director - Fields of Beauty

    Emily Salter Testimonial - Work with BCI Business Brokers
    " Tony, Thank you, for your commitment, professionalism, and dedication to selling my business . I could not have asked for a better broker to sell it! ... "
    " If you are considering selling your business, don’t waste your time shopping around for a broker that doesn’t even...

    Susanna Palmer Testimonial - Working with BCI Business Brokers

    Susanna Palmer
    Director - PALMERBIZ

    BCI Business Brokers
    2018-10-10T16:05:20+11:00

    Susanna Palmer
    Director - PALMERBIZ

    Susanna Palmer Testimonial - Working with BCI Business Brokers
    " If you are considering selling your business, don’t waste your time shopping around for a broker that doesn’t even understand business. Go straight to BCI Brokers and get the professional service that you deserve ... "
    "Tony puts the interests of his clients at the forefront. He takes a proactive approach to each project and helps...

    Bill Lockett Testimonial - Working with BCI Business Brokers

    Bill Lockett
    Director, Franchise Systems Grp

    BCI Business Brokers
    2018-10-10T16:06:52+11:00

    Bill Lockett
    Director, Franchise Systems Grp

    Bill Lockett Testimonial - Working with BCI Business Brokers
    "Tony puts the interests of his clients at the forefront. He takes a proactive approach to each project and helps his clients understand the reality of the situation. He knows what is required to get a positive result and has proved to be a longstanding colleague ... "
    " I have worked with Tony over a number of years in different capacities, firstly as a Franchisor with Tony...

    Peter Davis Testimonial - Working with BCI Business Brokers

    Peter Davis
    Pro. Services Franchisor

    BCI Business Brokers
    2018-10-10T16:08:34+11:00

    Peter Davis
    Pro. Services Franchisor

    Peter Davis Testimonial - Working with BCI Business Brokers
    " I have worked with Tony over a number of years in different capacities, firstly as a Franchisor with Tony brokering the sale of a franchisee in our system and then as an advisor to our system. On all occasions I have found Tony to be well informed and ... "
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    Getting Ready For Sale

    1. Ensure your agreements with your distributor are up to date.
    2. A buyer will want to know how many machines you have, the brands and models and the age of the machines.
    3. Are any of the machines leased? If so, what are the terms of the lease and how much is outstanding?
    4. List locations (addresses) and associated companies/ associations. Are there agreements in place, do you pay a percentage  of sales to location owners?
    5. List machines, their serial numbers, brand type and all specifications.
    6. List the revenue that each machine generates each month.
    7. List total sales of all machines
    8. List total nett profit ( sales-expenses)
    9. List working hours including travel time
    10. Is the business home-based, where are supplies stored?
    11. Plan on training the purchaser anywhere from 2 days to 2 weeks.

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