SnackTime UK is one of the UK’s largest national operators of snack and chilled drink vending machines. The Group has approximately 5,500 installed SEQs located throughout the UK, which are serviced by its five main depots located in Cumbernauld (near Glasgow), Manchester, Alcester, Wokingham and Belfast. Each main depot is responsible through a team of area managers, merchandisers and engineers for installing, maintaining and restocking all of the Group’s vending machines.
The core element of the Group’s business model is that it retains ownership of the vending machines, which are sited free on loan and at no cost to the site owner or occupier. The Group generates cash through sales of products from its vending machines and also from contributions from its Brand Owners, Mars Snacks, Britvic, PepsiCo (Walkers Crisps) and Coca-Cola. The Group has generated a sales CAGR of 69 per cent. since incorporation in 2001 and as at the end of November 2007 had an outstanding order book of approximately 1,700 SEQs.
SnackTime UK has four main types of vending machines. The Group decides on the appropriate style and size of vending machine which is installed in each customer’s site so as to deliver a high level of customer service to maximise sales. The Group’s customers include national retailers, such as Matalan, Argos, Homebase and Currys, as well as a large number of offices and factories.
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