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Great Vending Franchise Resale for sale in Leeds

Leeds, West Yorkshire

Asking Price £32,000
Turnover £105,000

Business overview

Vending machine and honesty box franchise business, well established customer base generating excellent turnover and profit. Excellent support package for new franchisees

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Property

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Business description

Business turnover is in excess of £100,000 with excellent opportunities for further growth. The franchise can be run by either a sole trade (as currently) or would suit a couple looking to work together. The business is currently operated from home but could just as easily be run through a small rented unit. There are no employees.

The franchise area has been established for a number of years and run by myself for approaching three years.

Trading is strictly daytime Monday to Friday and the current customer base can be relatively easily be serviced over 4 days leaving a day for admin, taking delivery, visiting wholesalers etc.

Principle competition is very limited although various charity organisations do place their own versions of an honesty box from time to time albeit the range of products is far more limited. Most other vending machine operators are part of the handful of national large companies which tend to only deal with larger groups of businesses via national contracts.

The purchase price of the business includes the franchise licence and new franchisee costs but excludes stock and delivery vehicle.

The business is being sold due to retirement.

Business location

The territory covered is primarily north-west and south areas of Leeds including the city centre.

Sector specific information

  • Franchise agreement for (number of years)
  • Original franchise fee paid

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