popsoda1 Posted July 3, 2014 Share Posted July 3, 2014 Hi there, I am new to the industry and was wondering if this is a good deal? - Location: Canada - The business has been in operation for many years and has a solid reputuation - About 80 machines, 60 of them are owned by the company and the rest owned by pepsi/coke - The machines are old due to the age of the business but I have been told they are more reliable than the newer machines - Most machines are located in office buildings/factories (typically the set up is one snack and one pop machine) - Net incomes is 50k after paying the employee 20k I have someone that I could trust to run the business on my behalf but neither or us have experience in this industry. Is there anything we should look out for? I know employee theft is a big thing but I don't think I should have an issue being that the employee will be my close relative. The downpayment will be 100k with 2k monthly payment for the next 50 months for a total of 200k. Any feedbacks would be greatly appreciated Link to comment Share on other sites More sharing options...
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