Buyer's Frequently Asked Questions
Am I buying machines from Vending Brokers?
No, we are not the seller. Vending Brokers are simply transaction brokers facilitating the sale of the machines. We are the middle men, similar to a realtor for a house.
How do I know the vending machines are in good working order?
Vending Brokers allows the purchaser to inspect the machines, locations and financials. Also, most machines are still under a manufacturer’s warranty.
Why should I invest in the vending industry?
Where else can you get 50%-300%/year on an investment, not the stock market and surely not real estate? Click Here for more research.
Why wouldn’t I buy the machines on my own, why do I need Vending Brokers?
Vending Brokers has many years of experience in purchasing and selling vending machine businesses. We help you evaluate the financials to ensure a profitable purchase. Remember, this is a all cash business, you need to have a keen eye for evaluating a route.
Seller's Frequently Asked Questions
What is the difference between Vending Brokers and other online Brokerage Houses?
Vending Brokers works exclusively with the vending industry, so you are getting industry specific customer database and the most talented representatives from the vending industry. Also, most online brokerage houses you are paying to advertise for the whole site, even the guy above you and below trying to sell their businesses. Vending Brokers is unique in that your marketing cost goes toward advertising your business, not every business on the site.
What do I receive for my Quarterly payment?
Advertising, Vending Brokers uses the funds paid at first to list the business on the site. Secondly, we advertise your business online, in print and to our existing customers via emails and phone calls. Specific Advertising is where Vending Brokers shines, we use the money to get interest and then we do the rest.
What is Vending Brokers commission when it sells and why am I paying a commission?
Our commission is 10% upon the sale. The commission is for the salesperson that found the interested person, presented the company information and closed on the sale.
How long does it take to sell my business?
It depends, how much money is going into advertising, purchase price and local market conditions. The more people exposed to the offer, the faster it sells! Marketing 101.
Is my information given to the prospects?
No, client’s information is confidential. The only time you will be in contact with the prospect is when there is a firm offer.
What do I have to send to VB?
Please send us a picture of the machine, current financials and a brief description. We will do the rest.
What will Vending Brokers supply us in the way of closing documents?
We will provide you with a purchase order, non-competes (optional) and full disclosure documents.
