Sector - Retail
23 Vending machines in operation around the JHB and PTA area.Give me more information
Fully describe the business's activities?
This business comprises of 23 vending machines stocking cold drinks, snacks and sweets placed in good locations around Johannesburg. No overheads with 1 staff member and generating good profits.
How does the business operate on a daily basis?
The driver drives to the sites on a daily basis refilling the vending machines. The owner will collect takings on bi-weekly basis.
What Advertising/Marketing is carried out?
No advertising is done.
What competition exists?
Competition does not impact sales as the machines service a captive market.
How could the profitability of the business be improved?
Better stock replenishment.
Give a breakdown of staff/ functions/ length of service?
The driver has been with the business since inception and runs the business for the owner.
Do any have management potential?
How involved is the Owner in running the business?
The owner is not involved in the business and relies on the driver to monitor the machines and replenish stock.
When does the current lease end?
The machines are placed in corporate offices.
What are the main assets of the business?
23 vending machines plus stock.
Good sites generating continuous income.
Increase number of vending machines. Monitor slow sellers and replace.
What is the reason for the sale?
The owner wants to concentrate on his main business interests.
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