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the UK marketplace for company sales

Sale and rental of vending machines

Reference
S11649
Turnover
£2m to £5m
Sector(s)
Business services, Food & drink, Retail & wholesale, Service industries
Region(s)
East of England, UK Wide
Added
29 May 2024

Business description

Project Choice is an opportunity to purchase 100% of the share capital of a longstanding and well-respected vending business, known for its high-quality offering.

The Business rents and sells a variety of vending machines to customers, offering both a fully operated service by the Company and those where customers self-manage the equipment alongside maintenance agreements.

The Business also provides wholesaling services to many of its customers, stocking machines with high quality products.

The Business employs 43 members of staff and has a strong, long serving and knowledgeable second tier management in place that will support a potential acquirer in a smooth transition process.

Highlights

  • Key products include food and drink vending, specialist instant and bean to cup coffee machines and water coolers
  • Provides a fresh food service which differentiates the Business from many of its competitors
  • Prides itself on an exceptional level of customer service, with relationships with key customers existing for over 45 years
  • A high level of service which is underpinned by a highly trained engineering team, delivering high quality and reliable machines
  • Based within 25 - 30 miles of the majority of its customers, ensuring a quick response time to any issues that arise

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 3,182 783
2021 (Actual) 3,194 884
2022 (Actual) 3,707 921
2023 (Actual) 4,347 1,013

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