Can I sell my vending machines without the locations?
Yes. Machines can be sold on their own, usually to other operators or people starting out, but a sale of the whole route with its placements is a different offer to a different buyer. Decide which you are selling, and tell your site hosts before any machine leaves.
Owners often ask this when a route has slowed down or they want out quickly. Both options are open to you. They attract different buyers and ask different things of you, so it helps to be clear about which one you are offering before you speak to anyone.
Machines alone
A buyer of machines alone is buying equipment. That is often another operator adding units, or someone starting a route who will find their own sites. Prepare a list with each machine’s make, age, condition and service history, and whether anything is leased or financed. Your lawyer can tell you what needs to be cleared first.
The route with its placements
A buyer of the route is buying a business: the machines, the site agreements, the product supply and the relationships. That buyer will read your location agreements and sales records, so have them ready. Whether a site agreement can pass to someone new is a question for your lawyer. Some need the host’s consent.
What to tell the site hosts
Hosts care about reliable service. If you sell the route, tell them about the change in a planned way and introduce the new operator. If you sell machines alone and stop serving a site, give the host proper notice, in line with any agreement you have, instead of letting the machine go dark.
Removing machines cleanly
Agree the date and who does the work, and arrange for the machines to be emptied of stock and cash first. Leave the space tidy and confirm any damage or key return with the host. The guide to selling a vending machine business covers permits and records for a whole-route sale.
Related reading
15 pages on the same subject, grouped by topic.
Selling
Buying
- GuideHow to buy a vending machine business in Canada
- GuideBuying a hardware store in Canada
- Expert answerHow do I check a vending route’s sales before I buy it?
- Expert answerWhat is an ATM route business?
- Expert answerHow do I buy an existing ATM route?
- Expert answerHow do I check an ATM route’s transaction history before I buy it?
- Expert answerShould I buy an existing ATM route or start one?
Legal
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 02Business Development Bank of CanadaGovernmentWhat is succession planning?
- 03Business Development Bank of CanadaGovernmentEquipment purchase financing for entrepreneurs
- 04Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
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