B2B and B2C supplier of food & beverage vending machine components via an online mail order facility and vending machine repair/replacement services.
· In addition to the supply of components (70% of sales) the company also provides a repair service (30%). Repairs are conducted on coin mechanisms and printed circuit boards.
· One of a few companies in the UK to service and provide replacement parts for vending machines manufactured by Dixie Narco, Azokyen and Vendo.
· Retails a wide range of vending machine components and nonconsumables including alarm systems, boiler parts, lighting, electronics and paper filters - all displayed on e-commerce website.
· Lean organisational structure with 3 full time staff - company could be easily relocated from leasehold premises with a 6 month notice period required.
· c90% repeat business - includes sales from vending machine manufacturers.
· Currently operates at c70% capacity - potential growth via exports which currently account for 10% of sales.
Location: Yorkshire England, UK
Sales: £222k/ Adj. EBITDA £22k