How to Buy a Vending Route

Step-by-Step Guide

1. 1

   Step 1: Locate legitimate vending routes for sale in your area.

   Check the "Business for Sale" section of your local newspapers and contact local small business brokers and inquire about vending routes for sale.
   
   Occasionally, you might find a real estate broker listing for a vending route, even if the route is home based and no actual real estate is involved.
2. 2

   Step 2: Schedule a time to accompany vending owners on a service route.

   Visit the accounts with the seller and inspect the machines and their locations.
   
   Notice things like the age and condition of the machinery, the safety and exposure provided for the machines in their existing locations, and the driving distance between locations. , This may be difficult because vending is a cash business and there is often no documentation of sales volume and income versus overhead.
   
   Also, some vending route owners may keep two sets of books and only show you one. , Compare purchasing volume and costs with sales volume and costs. , An attorney should draw up the contracts for the purchase.
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   Step 3: Ask sellers to see their businesses' financial records.

4. 4

   Step 4: Find out where the current owner purchases product

5. 5

   Step 5: what the prices are

6. 6

   Step 6: and any other purchasing restrictions

7. 7

   Step 7: including order minimums.

8. 8

   Step 8: Hire an accountant or attorney to review the vendor's financial statements and other business records.

Detailed Guide

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