53 King Street, Saint John

  • Type: Commercial
  • Added: 62 days ago
  • Updated: 62 days ago
  • Last Checked: 21 hours ago
A great opportunity to acquire a 25+ year old Vending Machine business in southern New Brunswick. This business is ideal for an existing business owner to expand the product offerings and access a larger client base or for a new business owner to take over this successful business. The company operates over 300 vending machine units in over 125 locations. The company has no long-term debt and has grown over 60% since 2014. Vending contracts include hospitals in major cities of New Brunswick (including Moncton, Saint John, Sussex and St. Stephen). Price includes over 300 vending machines (many equipped with bill acceptors and 60 with card swipes), 3 cargo vans, 3 employees (2 have been with the company for over 20 years), coin sorter, coin tuber and a bill counter, several of the 25 cent candy machines, between $40K-50K inventory/stock. The owner is retiring after over 25 years of successful operation. Willing to provide training for up to 2 months. Highly profitable with profit margins ranging over 28%. (id:1945)
Property DetailsKey information about 53 King Street
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  • Above Grade Finished Area Units: square feet
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  • Lot Size Units: acres
  • Lot Size Dimensions: 0
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  • Parcel Number: 00000000
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Nearby Listings Stat

Active listings
66
Min Price
$34,999
Max Price
$6,599,000
Avg Price
$523,282
Days on Market
137 days
Sold listings
30
Min Sold Price
$59,900
Max Sold Price
$799,000
Avg Sold Price
$344,910
Days until Sold
71 days

Nearby Places

Name
Type
Address
Distance
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Delta Brunswick
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0.1 km
Cora - Saint-John
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0.1 km
Taste Of Egypt
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87 King St
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Brunswick Square
Shopping mall
39 King St
0.1 km
The Feel Good Store
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89 Germain St
0.1 km
Taco Pica Restaurant
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96 Germain St
0.1 km
Billy's Seafood Company
Restaurant
51 Charlotte St
0.1 km
Saint John City Market
Food
47 Charlotte St
0.1 km
More Details?
Jas Chohan
  • Jas Chohan
  • eXp REALTY
  • 506-333-4247

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