smartvendnw Posted February 20, 2018 Share Posted February 20, 2018 Hey guys! Been awhile since my last post. I'm going into year 3 and have enjoyed the journey. Another company approached me and offered to buy my route. I have downsized some since my highest peak, anyway what's left did $35,750 gross sales in 2017. It's 6 locations, 10 machines. Total machines and equipment are worth $15,000. All sales are tracked and I have the proper records in place. I read that an easy evaluation is to split gross sales in half and than add value of machines and assets. My selling price would be $32,875.00. Too low? Just right? Too high? Any thoughts and advice is appreciated! Thanks... BT Link to comment Share on other sites More sharing options...
orsd Posted February 20, 2018 Share Posted February 20, 2018 25-30 k is fair Link to comment Share on other sites More sharing options...
lacanteen Posted February 20, 2018 Share Posted February 20, 2018 Without equipment details, 20-25K Link to comment Share on other sites More sharing options...
AngryChris Posted February 20, 2018 Share Posted February 20, 2018 A little off topic, but a local vendor is selling a small route for 30k and claims about 30k in annual sales. Problem is, out of three soda machines (all bevmax), the only picture i saw had aquafina plastered all over. It made me question whether he was trying to sell pepsi assets. Pepsi normally doesn't give equipment to just anyone around here, so i don't know how else he got it unless he bought them with aquafina graphics. Link to comment Share on other sites More sharing options...
Southeast Treats Posted February 21, 2018 Share Posted February 21, 2018 Just on what you gave us, that's a good starting point. Not an unreasonable ask and you have some room to bargain. Like LA said, the machine values can be all over the board so judging model/age/condition will be up to the buyer. Inventory may come into play as well. Link to comment Share on other sites More sharing options...
smartvendnw Posted February 21, 2018 Author Share Posted February 21, 2018 Thanks everyone. Ran the report again and gross sales were a little lower. But decided to base off of just my gross profit of $14,800 and I've valued my assets at $16,600. Thinking $31,400 will be my first offer. I guess my only question is... is this too good of a deal. The buyer will have a super fast ROI, where I've spent almost 3 years building. Link to comment Share on other sites More sharing options...
Anacapa Vending Posted February 21, 2018 Share Posted February 21, 2018 I wouldn't pay more then 10 months gross. Guess it depends how many other routes are up for sale in your neck of the woods. Best of luck Link to comment Share on other sites More sharing options...
smartvendnw Posted February 21, 2018 Author Share Posted February 21, 2018 Yearly gross sales or 10 months of gross profit? Thanks. Link to comment Share on other sites More sharing options...
Anacapa Vending Posted February 21, 2018 Share Posted February 21, 2018 Gross sales Link to comment Share on other sites More sharing options...
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