I'm considering getting into this business and found someone who is selling their route. He has 98 U-turn machines (roughly half have 4 containers and half have 8), 92 of which are on location. He says his gross monthly profit is $3500 (which sounds believable, would be 1.65 sales per machine per day). He wants $18,000 for everything ($183.67 per machine) which I think is too much. However, I don't really know the value of these machines used. I understand I'm not just paying for the machines but also the locations and whatever candy he has, but that still sounds like too much. Also he has documentation of the sales for each location so I can see sales. How much do you think I should offer him for the business and what kind of questions should I be asking him?

Thanks for any input you guys give me~!