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would you pay $10 per head per month to place a rack?


sbishop

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I have the opportunity to place a rack in one of the largest flea markets in the city. They want $10 per head per month and there is no commitment. Would you do it and what would you put in there. I'm thinking of a 4 head rack to start.

 

Everything will be $.25 or $.50 to avoid Texas sales tax laws

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I would stick a 5-way in but only at .50 and .75-$1.  I'd give it two months and if it doesn't pan out to do at least $200 each month, it's not worth it.  I say $200 because that'd be a 25% commission.  If it did worse, and you have to pull then consider the $50 a locator fee and move on.  Those are my thoughts.

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I would stick a 5-way in but only at .50 and .75-$1.  I'd give it two months and if it doesn't pan out to do at least $200 each month, it's not worth it.  I say $200 because that'd be a 25% commission.  If it did worse, and you have to pull then consider the $50 a locator fee and move on.  Those are my thoughts.

It is not worth it to me to start dealing with the State sale tax reporting. As long as nothing vends for over .50 I do not have to do all the sale tax reporting and I do not even have to have a sales tax number. Right now All I have are vendstars, but I do not want to put them in this location.

I almost wonder if, at $10 per head, you wouldn't be better off setting a Jr. Giant @ 50 cents for Nerds GB or a Sportsblaster. I wonder if they'd consider a 4 column sticker a single head?

The choice is $25 per month for anything like a spiral gumball or Wowzie Anything that size. or a rack and $10 per machine. 4 column would be 1 head

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If you had a Zowie, it would kill it in that location.

I had a flea market once, not that big, but it made about 150 a month.

I also think 25% commission is a low ball when you figure stuff. That's super low. If you stay under 40% and sell everything at .50, keep your cog under 20% buy using toys and nerds @.50 you'll do good. Like mentioned, use a 4way if you have it and try it.

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I had a customer about 8 years ago that lived in Tulsa that tried to avoid the tax laws on machines and ended up with his machines all wrapped up with a nasty sticky tape that had the Governments insignia on it and said do not tamper with!

It took him more time getting that stuff off than it was worth to buy new he said! LOL!

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I wouldn't worry about sales tax laws. Do you guys really have people in Texas driving around looking for bulk equipment with no tax stickers? If so I would find another state to live in.

 

I would know and I like to sleep with a clean conscious!

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I almost wonder if, at $10 per head, you wouldn't be better off setting a Jr. Giant @ 50 cents for Nerds GB or a Sportsblaster. I wonder if they'd consider a 4 column sticker a single head?

 

This is what I was thinking. Spiral with Nerds at 50 cents and the biggest flat machine you can get away with as a "single" head.

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  • 3 weeks later...

I had a customer about 8 years ago that lived in Tulsa that tried to avoid the tax laws on machines and ended up with his machines all wrapped up with a nasty sticky tape that had the Governments insignia on it and said do not tamper with!

It took him more time getting that stuff off than it was worth to buy new he said! LOL!

 

I can second this.  You do not want to mess with the Oklahoma Tax Commission!  They are nasty!  But they do provide a level playing field.  You buy the tax stamps instead of paying sales tax.  It is actually much cheaper than paying sales tax.  It provides a way where everyone has to pay.  If you don't have stickers on your machines they will catch you.

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I can second this.  You do not want to mess with the Oklahoma Tax Commission!  They are nasty!  But they do provide a level playing field.  You buy the tax stamps instead of paying sales tax.  It is actually much cheaper than paying sales tax.  It provides a way where everyone has to pay.  If you don't have stickers on your machines they will catch you.

I don't see how bulk vendors can stay in business in Oklahoma. From my research, it looks like they have to pay 75 dollars a year for every head.  A 1-800 machine would be 225 a year.

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I don't see how bulk vendors can stay in business in Oklahoma. From my research, it looks like they have to pay 75 dollars a year for every head.  A 1-800 machine would be 225 a year.

Incorrect.  $5 per head per year.

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