Profitable Food Vending Business in Tomago area
Newcastle & Maitland Hunter Region, NSWLast asking price $60,000
Sold November 2024
Food & Drink
An excellent opportunity is available to acquire a well-established food vending business located in Tomago area. This business includes seven vending machines with Card Readers, Note Readers, and Coin Mechs strategically placed in commercial and industrial locations, providing steady foot traffic and a consistent customer base. Last years turnover around $72k, profit after stock around $39k.
Key Highlights:
- Low Commitment: The business requires minimal involvement, with just 15 hours of work over two days per week, offering a perfect work-life balance.
- No Lease Overheads: As a vending business, there are no leasehold rent expenses, maximizing profit margins.
- Easy to Operate: The owner handles all operations independently, making this an ideal venture for a sole proprietor.
- Long-standing Business: With 9 years of successful operation, this business has a proven track record of profitability and stability.
- Expansion Potential: The area is experiencing growth with constant construction and new factories being built, offering opportunities to secure new vending sites.
- Training and Support: The current owner is willing to provide 3 weeks of comprehensive training to ensure a smooth transition for the new owner.
This business is perfect for an individual looking to enter the vending industry with minimal risk and low operational demands. It also suits those looking for a semi-retirement opportunity or a side business with potential for growth.
Want to learn more about this opportunity? Fill out the enquiry form today to receive additional details.