VBB Advisors, also known as Vending Biz Broker LLC, is a mergers and acquisition (M&A) specialist in the vending, office coffee, and bottled water industries, providing business appraisals, consulting, brokerage and strategic planning.
Mike Kelner, the leading senior business intermediary in the refreshment services industry, has more than 30 years of industry experience as an owner, operator, investor and intermediary.
For operators, certain defining characteristics make a convenience services company a premium acquisition — one that will generate extreme interest from buyers and, ultimately...
There is a difference between recurring revenue and repeat business. Because operators are running set routes, they enjoy plenty of repeat business, although it is not totally...
Making a move to enhance technology, from vending management systems to cashless payment platforms, is costly and time-consuming, but such a move will pay for itself when an operator...
With a backdrop of cautious optimism among operators who attended CTW in Las Vegas, Mike Kelner with VBB Advisors expects increasing product sales for operators to translate into...
VBB Advisors has partnered with Shelia Darby, MBA, CVA, MAFF, to provide operators in the vending, OCS, pantry service and micro market industry third-party financial analytics...
Mergers and acquisitions in the convenience services space have become more complex, so buyers and sellers must pay closer attention to their positions. In 2020, amid the coronavirus...
Mike Kelner of VBB Advisors, a leading sell-side business broker and intermediary, has been awarded the designation of Certified Merger and Acquisition Professional (CMAP).“Acquisitions...
Were you one of the many operators thinking about selling your company in 2020? I don’t care if a business broker offers you a commission-free transaction, 2020 is no longer the...
Mike Kelner is the founder of VBB Advisors, a full service merger and acquisition firm serving the vending, office coffee and bottled water industries. Mike is a Certified Business...
Micro market design is more important than ever, especially if an operator has any interest in selling their micro market business in the future. Sell side business broker Mike...
Leading operators agree that a well-designed market will generate more revenue, will make clients and their employees happy and will often result in referral business. There is...
A little preparedness goes a long way when it comes to selling your business. Check out these 1o tips to prepare your convenience services business for sale.
Charlotte, NC – The International Business Brokers Association (IBBA) is pleased to announce that Michael Kelner of VBB Advisors, LLC has earned the prestigious Certified Business...
Theoretically, value is driven from 2 key components… Cash Flow and Risk.Cash flow is the amount of money a business will generate after all expenses including reinvestment into...
With the advent of sophisticated vend management technologies such as remote monitoring, dynamic scheduling and pre-kitting, the vending business has entered a new era. The days...
So why are vending businesses generally worth less than comparably sized office coffee businesses? In the acquisition market today, a well-run vending business will typically ...
