Found a listing for a 2-machine setup inside the main clubhouse of a residential community. Asking price is $5k for both machines in location.
Both look to be in good condition based on listing photos. I will of course test them in person before purchasing.
I attached a photo of the 2 machines above.
The location details:
This is the main clubhouse for a residential community. Here’s what makes it appealing:
- Residents host birthday parties and events almost every Saturday and most Sundays
- There’s a gym inside the clubhouse
- Pool and tennis courts right outside
- Consistent weekend event traffic PLUS daily gym/pool/tennis foot traffic throughout the week
The deal:
- Contract has no commission — the clubhouse requested the machines be placed there
- Seller has agreed to get me a new contract with the same no-commission terms before the sale closes — so that risk is being handled
- Seller has provided no sales numbers and explained it as he just set the machines up there so he could add the location premium to the price of the machines and they’ve only been there for about a week, he’s just selling them and hasn’t added inventory.
Where I’m at:
The contract situation is being resolved which was my biggest concern. The location genuinely seems strong — gym traffic daily, families every weekend for events, pool and tennis outside. My remaining hesitation is purely the lack of sales data.
My questions:
With the contract sorted and this location profile, is $5k a fair price or should I still negotiate?
Is there any way to estimate monthly revenue for a setup like this without sales figures? Rule of thumb based on foot traffic type?
Anything else I should make sure is included in the contract or the sale agreement before I pull the trigger?
Any red flags I might still be missing?
What kind of products do you think would be good here.
Feeling more confident about this one but want to make sure I’m not leaving anything on the table before committing.
Thank you guys very much for your time and help!