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Exit strategy?


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Just wondering if any of you have an exit strategy? The more we grow I'm worried about how do we exit vending when the time comes.

At this point there aren't many independent operators that would have the funds to buy us out, around $475,000 yearly gross. I worry about taking payments on a large sum in case the buyer fails and selling to a large company seems like they would pay pennies on the dollar.

Let me hear some solutions! I'm not specifically trying to sell my company now, but I always like to look forward to the future.

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Although it's not common I actually do have everything you mentioned. With the exception of no employees. Just me and a business partner run everything.

Are there vending specific brokers? I don't have any experience with that.

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Been thinking about this lately. Especially when you lose accounts. Sometimes ill lose an act that makes 20k a year an im.like damn i shouldve sold it lol. Now that i got a huge contract thats 6 years im thinking doing 4 years and then selling for maybe 18 month gross

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I would never pay three years gross plus equipment. That's insane.  At a rate of 25%/year, it  would take 12 years to pay for the value of three years gross ALONE. Not including equipment or interest. One year's gross is a fair number in my mind.

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24 minutes ago, Randymire said:

As a vendor and locator/ broker in Houston I always suggest 1 years gross per account plus a reasonable price for the machines . Having a record of the gross income from each account is a must if you want a fair selling price . Although most vendors that want out would like to sell the whole operation at one time , sometimes the bigger you are you may need to sell in fractions because it can be hard for some vendors to come up with the cash at once and you don't want to finance in this business. Splitting a business up can be tricky though because you don't want to sell all of your best accounts at once and be stuck with your slower accounts so you should mix them up so that the buyers don't get stuck with only the slower accounts.


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If this is true and somebody wants a turn key operation for one years gross vend sales. ($600k) Let me know! 

I will include all the equipment,inventory,change funds,trucks-everything!!!

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12 hours ago, Snickers said:

If this is true and somebody wants a turn key operation for one years gross vend sales. ($600k) Let me know! 

I will include all the equipment,inventory,change funds,trucks-everything!!!

Just out of curiosity how many accounts and drivers do have to generate the $600k yearly??

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I'm not sure how many accounts/machines-it's a bunch. Some are twice a week some are twice a month but the majority is once a week. We have some pretty decent accounts but lots of $30 a week machines out there. Myself and 1 full time driver. A girl in the office (30 hours a week) that does all the backend work. We move all equipment ourselves. We fix all of our own equipment. We don't pre-kit anything. 

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10 hours ago, AZVendor said:

A nice little cash producer for you with hopefully minimal work.

Would rather have the cash all at once and let someone else worry about the what ifs

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I wouldn't mind selling off portions of my route over time if I felt like it was realistic for the new owner to service the machines properly. I know I'm not the only person who could run a vending company but it doesn't seem like most people really have what it takes to make it all work.

Ultimately if the buyer fails and has horrible service or abandons the machines I still get the call to come solve the problem.

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  • 4 weeks later...

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