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Route for Sale


shanipaqman
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How do you all value a charity route for sale?  Older equipment, probably about 80 2 headed machines on location, most crappy, some good.

Getting from very old gentleman who is retiring, 72, and who kept meticulous records and is even showing me the tax return from 2016-2017 sales.

 

He just wants out but wants to get something for the equipment.  I am prepared to give him a very low offer, but wanted to see your thoughts?

Last year gross was $13k.

Thanks

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  • 2 months later...

40-50 bucks a spot since his numbers seem good. You will be investing in equipment to replace current locations. I would replace a few and take the best of the junk machines and place new locations. Then upgrade a few more and repeat the process. Good luck. 

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