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Opinions on Value of existing route


vending4528

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How do you put a value on an existing bulk/amusement vending route?  A multiple of annual sales, a multiple of annual profit, or other means?  This is an established bulk vending/amusement route that has been around for over 15+ years with over 140 locations and over 500+ heads/machines.

 

Thanks 

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^ I've sold several in college for 12 to 18 months gross. Seemed fair... I don't use shotty equipment nor do I mess with a lot of the singles and doubles. I currently wouldnt sale my route for 12 months gross for a number of reasons, but mainly because I'm extremely happy with my income.

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^ I've sold several in college for 12 to 18 months gross. Seemed fair... I don't use shotty equipment nor do I mess with a lot of the singles and doubles. I currently wouldnt sale my route for 12 months gross for a number of reasons, but mainly because I'm extremely happy with my income.

 

Not antagonizing, just curious LandJ...

You state you have "sold several" routes at 12-18mos gross.

Have you bought many at that price?

Sometimes the price we'd sell something for is a lot more than what we'd be willing to pay when buying.

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Not antagonizing, just curious LandJ...

You state you have "sold several" routes at 12-18mos gross.

Have you bought many at that price?

Sometimes the price we'd sell something for is a lot more than what we'd be willing to pay when buying.

Very true. No, I have never bought a route. Sold one in Athens, Ga and another in North Atlanta. I don't think I'm unrealistic but maybe I am?? Lol.

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You can ask route value questions all day and never get the same answer twice. The reason is that most vending operators have no clue how to value a business. There is much more than ROI to consider. Not trying to upset any one but most guys just don't know. Keep emotion out of business deals.

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You can ask route value questions all day and never get the same answer twice. The reason is that most vending operators have no clue how to value a business. There is much more than ROI to consider. Not trying to upset any one but most guys just don't know. Keep emotion out of business deals.

Agreed and a lot of people want a "turn key" type business. Which they will pay a premium to buy.

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