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September 22, 2020

Business For Sale in Hibbing, Minnesota

Property # 1178443 Available $220,000.00

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   Business Information

Business CategoryOther Business
Other BusinessVending Machine Route
Business NameSullivan Vending
Property Address 11206 E 25th St
Property Address 2n.a.
Property Town/CityHibbing
Property CountySaint Louis
Property StateMinnesota
Property ZIP/Postal Code 55746
MLS #n.a.
Building Sq. Ft.n.a.
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Establishedn.a.
Business Description Vending route with 111 machines in locations with good cash flow and active history. The business income consists of 40% candy, 40% pop, and 20% coffee & food sales. Sales would go up substantially if the machines were outfitted with credit card readers. All products are due for price increases.
Property Description n.a.
Area DescriptionNorthern Minnesota

   Financial Information

Sales Price $$220,000.00
Gross Revenue $$175,000.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$55,260.00
Cap Rate0.00%
Year Ending2018
Lease Endsn.a.
Financing/Termscash sale

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