rdendy Posted March 14, 2012 Share Posted March 14, 2012 So I just found a recent listing on CL for an established 200 machine route, equipment included, for 20k. I wasn't planning to jump out this fast into the business till I got more comfortable with it, but the reason I am getting into this is so that my GF can quit her 3rd shift job and run our route. I believe this would be the chance for her to do it sooner rather than later. Is this a good deal in your opinion? Link to comment Share on other sites More sharing options...
PerformaVending Posted March 14, 2012 Share Posted March 14, 2012 Do they have some reliable figures on their profits? I can't imagine they'd sell something like that if it was profitable. Another thing- is it a quality route with racks and such, or is it made up of Vendstars? Link to comment Share on other sites More sharing options...
rdendy Posted March 14, 2012 Author Share Posted March 14, 2012 Ok so got more details and not sure what I am looking at. The route listed has a tentative deposit on it already, but this guy says he can set me up a 200 machine route in my area for around the same price. He uses all metal Northwesterns and A&A machines, no candy, all gumballs and toys. He's sending me a 12 page presentation, he just happens to have handy, on what he can do for me. Think it's a biz-op type opportunity but would still like your thoughts. Link to comment Share on other sites More sharing options...
mainor5251 Posted March 14, 2012 Share Posted March 14, 2012 guys name is tim ricci im guessing Link to comment Share on other sites More sharing options...
sherlock Posted March 14, 2012 Share Posted March 14, 2012 I wonder if by "established" the seller really means, "This route has been around just long enough for me to find 200 locations to sell as a route" Link to comment Share on other sites More sharing options...
will.vend Posted March 14, 2012 Share Posted March 14, 2012 Run Forest run! Link to comment Share on other sites More sharing options...
treadmill Posted March 14, 2012 Share Posted March 14, 2012 I wonder if by "established" the seller really means, "This route has been around just long enough for me to find 200 locations to sell as a route" Exactly correct. Link to comment Share on other sites More sharing options...
rdendy Posted March 14, 2012 Author Share Posted March 14, 2012 Yep guy's name was Tim and I think you guys hit it right on the nose, I got a bad feeling about his offer when he started telling me he could set me up one in about a month, if it was that easy to get a quality route that fast then everyone would be doing it. Thanks for the inputs everyone, validates my gut instinct. Link to comment Share on other sites More sharing options...
mainor5251 Posted March 14, 2012 Share Posted March 14, 2012 yeah he sent me a proposal on the pensacola to perry route, his numbers were severly inflated. Didnt send a list of locations but i would be willing to bet its a lot of hair salons and mechanic shops that will have its fair share of under performers. stated his average for a 12 week cycle was $27 per location, all being single head gumball machines. thats not all that high normally but i believe its high for his route. heres part of the proposal he sent. PANHANDLE VENDING Annual Operating Statement (proprietary)* SALES: 200 machines @ $27.09/unit per 12 week 23,478.00 cycle COST OF GOODS SOLD: 10% 2,349.00 GROSS PROFIT: 90% $21,129.00 EXPENSES: Service mileage: $866.00 Commissions (charity payments) -- 200 locations @ .15/mo. 360.00 Materials (paint, tape, miscellaneous): 72.00 Total expenses $1,298.00 NET INCOME (before taxes): $19,831.00 Link to comment Share on other sites More sharing options...
rdendy Posted March 14, 2012 Author Share Posted March 14, 2012 Same route we originally discussed before he turned it to an offer to build me my own route with the same number of machines. Just got a bad feeling about it. Link to comment Share on other sites More sharing options...
dogcow Posted March 14, 2012 Share Posted March 14, 2012 Ok so got more details and not sure what I am looking at. The route listed has a tentative deposit on it already, but this guy says he can set me up a 200 machine route in my area for around the same price. He uses all metal Northwesterns and A&A machines, no candy, all gumballs and toys. He's sending me a 12 page presentation, he just happens to have handy, on what he can do for me. Think it's a biz-op type opportunity but would still like your thoughts. might as well post the presentation Link to comment Share on other sites More sharing options...
rdendy Posted March 14, 2012 Author Share Posted March 14, 2012 I will post it when I get it, he hasn't sent it yet. What I posted was from our phone conversation. He sounded like a good guy, but all good salesmen usually do, so I have to trust the advice I get here, common sense and the numbers I can crunch and feel comfortable with for any purchase. I have found everyone very helpful and I do appreciate it. Link to comment Share on other sites More sharing options...
dperry Posted March 14, 2012 Share Posted March 14, 2012 Commissions (charity payments) -- 200 locations @ .15/mo. 360.00 What charity charges only $0.15 a month per location? Does he mean $1.50 or maybe 15% a month? If so, that means if he's paying $1/mo per location, that 15% would mean each location brings in only $7/mo. The $27 per 12 weeks averages to around $9 a month. But at $1/mo per 200 locations, that's $200/mo, and $3,600/yr. So at $9/mo, for 200 location, that is only $18,000/yr, not the $23,500/yr that he quoted. At $7/mo, for 200, that's only $14,000/yr. Link to comment Share on other sites More sharing options...
pjvend Posted January 14, 2015 Share Posted January 14, 2015 After you buy a Timothy F Ricci route, strange things will happen. A tall white haired white guy (Christopher Culberson) comes buy and takes any good, nice looking machine. When you collect you will hear: Hey weren't you just here? Oh that was 'the other guy' Locations will be slammed with new and probably unauthorized equipment as Timmy 'the golpher' Ricci is selling your location to other newbies. The location will make you remove your newly purchased machines, as they were never approved to start with. Law enforcement will blame you when locations and other operators complain, since Timmy will say "not me" its the new guy. lol Link to comment Share on other sites More sharing options...
mainor5251 Posted January 15, 2015 Share Posted January 15, 2015 I just talked to a vendor the other day about ricci. Google his name and do some research. If your still willing to do business with him you deserve whatever you get. Life is too short to allow people like this in your life. Link to comment Share on other sites More sharing options...
pjvend Posted March 10, 2015 Share Posted March 10, 2015 Timothy Francis Ricci is in jail as of this past month. Link to comment Share on other sites More sharing options...
leaguedude Posted March 10, 2015 Share Posted March 10, 2015 Thanks for the update. Glad I didn't get a chance to meet him. Link to comment Share on other sites More sharing options...
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