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Question about route value


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Posted

Hi,

I have a small full line route with 1/2 dozen snacks and 1/2 dozen beverage machines spread out over 4 accounts - looking to expand and found a guy (who says) he wants to retire and get out of the game....

Says he has 8 active locations but gross sales numbers are pitiful ($1400/month) so some sucky accounts and/or equipment issues - although I guess I like that the numbers are not inflated.

Of interest, here is a rough equipment list:

7  DN 5591

6  DN 2145

AP 112

AP 6600

AP Studio

Crane 157

3 USI 3014

Plus some misc parts machines - 2 5591's & 2 3014's

What sounds like a good offer for this - I know most of the equipment is over 10 years old, but newer than a lot of my stuff and the locations don't appear to be worth more than equipment value...

Thinking $7500 for everything and it becomes my headache?  Too much?

 

 

Posted

I think $7500 is a good deal for you, but low for him. I think it's more like $15,000 for equipment value. I don't want bottle drops on my route.

Posted

I agree with with Angry Chris. It's a good deal for you at $7500 but if you're not already familiar with bottle drop machines buying several at once isn't a great idea.

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