Established Coin Operated Air Machine Business air machine business

Reference ID#: 817
Industry: Service
Location: Augusta, GA

Financial Information

Asking Price: $90,000
Annual Receipts: $32,000
Cash Flow: $26,000
Sellers Discretionary Earnings
FF&E: $22,000
Inventory: $12,000
Real Estate Available? No
Value of Real Estate

Business Summary

This great business was established in 1987 and owns, services and installs coin operated air machines like the ones found at convenience stores, car washes and other similar locations. The business currently has 50+ machines in various locations within a 100 mile radius of Augusta, GA. This is an easy business to own and operate with the current owner spending an average of 10-15 hours per week working in the business. Seller visits each location quarterly unless there is a service issue and picks up the coins. Most all service issues are minor and the seller keeps spare air machine parts for repair and replacement if necessary. A percentage of the machine proceeds are split with the business owner where the machine is located. The seller sends a check quarterly to the business owner.

Facilities

The business currently has 50+ machines in various locations within a 100 mile radius of Augusta, GA.

General Information

Franchise: No
Homebased: No
Relocatable: No
Year Established: 1987
Year Acquired: 2012
Number of Employees: 1 PT

For more information, please contact us at 1 (888) 415-5118.