I need opinion from people with vending experience

**david90** · 08-02-2007 07:28 PM

I need to know the value of a vending business.

Vending location for sale is in long beach. Two machines one soda one snack still under warranty. Gross profit $1,800.00 per month. Over 75 employees at location open 7 days a week. Six days of work per month. The owner claims 1000 profit per month.

Assuming everything is true, how much should I offer?

**ltressel** · 08-02-2007 10:49 PM

Question is: how much is a brand new machine if you were to buy it?

Second: how would you cross check if his gross sales are true as said?

LT

**david90** · 08-03-2007 02:26 AM

The machine can't be more than 2-3k and I assume he is telling the truth.

**Woodcs82** · 08-26-2007 09:54 PM

David,

Offer them $1500 for the machines and the location.

If they say no, find used machines and get your OWN location.

TRUST ME, i had a vending business for 10 years.

BEST OF LUCK!