Michigan Based Wholesale Vending Equipment Distributor
Wholesale vending equipment distributor established over 3 decades ago represents 7 major equipment manufacturers selling equipment throughout the United States. The activity consists of selling automated merchandisers to vending operators and end users with an emphasis in the niche market of customed equipment for unique specialty type products.
Future growth will likely be centered in expanding existing operations in all segments of traditional vending with an emphasis on specialty vending and artificial intelligence. The base operations can easily leverage its position into being a local leader in full-service vending. The increasing developments in AI equipment will fuel significant growth in a much-expanded industry for the future.
Industry
Wholesale and Distribution
Segment
Asking Price
$1,890,000.00
Ref ID
WB @ VT
Established
0
# of Employees
8
Full Time Employees
0
Part Time Employees
0
Gross Revenue
$3,130,000.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$561,000.00
Other Value
$0.00
FF&E
$180,000.00
AP/AR
$0.00
Real Estate in Asking
No
Inventory in Asking
No
Inventory
Due to the variability of saleable vending equipment and parts inventory over time they are not included in the offering price. It is recognized that buyer will require inventory and will plan to purchase such inventory at Closing for the then current book value. Currently $240,000 machinery plus parts inventory
Equipment
The Asset list includes all current physical assets significant to the continued operation of the business valued at ‘Current Value in Place.’
Real Estate
None Available
Facilities
Currently operates from a leased commercial facility in a small modern industrial park in Southeast Michigan. The unit is 8800 sq ft. with showroom, offices, and warehouse (3200 office/showroom & 5600 warehouse). The lease was renewed in August of 2023 for 3 years and is transferrable to a new buyer who meets landlord requirements.
