Retail premises for sale in Ilford, Essex IG2

£24,999
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Profitable lifestyle change business
  • Flexible hours to suit
  • Corporate client database
  • Genuine growth potential

Property description

Reference - 45495

Description
dmt Vending was established in 2011 by our client after leaving the armed forces. The business operates within a relativily small area through choice making it easy to manage for one person on a weeky basis. The main areas are Harlow, Chelmsford, Leigh on Sea, Lakeside, Epping, Chingford, Waltham Abbey, Cheshunt, Potters Bar, Saffron Waldon and Ilford making it a versatile, lifestyle change opportunity for someome that maybe semi-retired or for someone looking to generate an income which fits around the Monday to Friday school run.

Since establishing the business in 2011 our client has built up an excellent reputation with 16 vending machines in many Miller & Carter Steak Houses, Harvester restaurants, Marriott Hotels and other commercial outlets on trading estates with all of the vending machines being used by staff only rather than the general public.

In the opinion of our client, the business could easily expand further by developing the trading estates due to the many outlets on one site currently being serviced.

The business operates from our client’s home and would ideally suit a person local to any of the area’s covered above as the route is almost circular around the M25 meaning all 16 settings can be visited in one full day, thus keeping fuel costs and time to a minimum.

The business is being sold with all vending machines in place, approx. £1000 of machine spares which can reconfigure vending options.

Sales
Management accounts show a twelve month income in the region of £50,000 with profits each week of c. £350 to £400 making it an ideal purchase for a hands on operator whilst working limited hours.

Contracts
Whilst no formal contracts are in place, dmt Vending has built up an excellent reputation based on customer service and care within many Miller & Carter Steak Houses, Marriott Hotels, Toby Carvery, Harvester and other commercial outlets on trading estates.

Trading Hours
Flexible trading hours to suit any new owner, although our client currently works one to two days a week with varying hours each day.

Staff
Run and managed by the owner.

Summary
An excellent lifestyle change opportunity to acquire a well established vending machine business which has a strong reputation built on customer service and reliability whilst still offering tremendous growth for any new owner.

A meeting with our client is highly recommended to fully appreciate the overall business opportunity.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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