treadmill Posted April 5, 2016 Share Posted April 5, 2016 My goal right now is 400 boxes. The only thing that worries me about getting that many locations is running out of places to hit. I keep hearing that won't happen, but I guess we will see. By the Dennis is who I was getting all of my advice from in the beginning. He had over 1,500 locations throughout the state of Iowa. He sold it and is now enjoying retirement.In 10 months time you are almost half way there. At the earliest you could be at your goal by the 2 yr mark. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted April 5, 2016 Author Share Posted April 5, 2016 In 10 months time you are almost half way there. At the earliest you could be at your goal by the 2 yr mark. That's true, however, it's going to start slowing down a little because I starting to clean up some accounts that need pulling, and it's also starting to take longer to get my boxes out. I am going to end up having to hire a locator to place boxes so i can concentrate on running the route. 1 Link to comment Share on other sites More sharing options...
AngryChris Posted April 5, 2016 Share Posted April 5, 2016 I think you might hit a plateau around 200 boxes. My advice is to keep the route where you won't need to hire someone. It's hard to set up a fair pay structure without the risk of your employee dipping into the profits. It's also very hard to oversee their progress. At your pace, 400 boxes should produce a very good profit and I'd recommend either a minivan or a Ford transit connect if you need a suitable vehicle. Either one should handle your route with good fuel economy, comfort, space, and easily repaired at any mechanic. 1 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted April 6, 2016 Author Share Posted April 6, 2016 I think you might hit a plateau around 200 boxes. My advice is to keep the route where you won't need to hire someone. It's hard to set up a fair pay structure without the risk of your employee dipping into the profits. It's also very hard to oversee their progress. At your pace, 400 boxes should produce a very good profit and I'd recommend either a minivan or a Ford transit connect if you need a suitable vehicle. Either one should handle your route with good fuel economy, comfort, space, and easily repaired at any mechanic. Thanks for the advice. I appreciate any input i can get on here. Right now I run my route in a hyundai Tuscon. I love the gas mileage. I'm not sure how many boxes i can actually fit in there. Especially when I get more and more of the bigger boxes. As far as hiring someone, I really only plan to hire someone to do my locating and maybe actually fill the boxes with product so i can concentrate on just running my route. Not sure how Dennis went about hiring people to run his routes because being an all cash business it would really have to be people you trusted with all your heart. And I agree about the plateau about the 200 box mark, but hopefully i will be able to work through it. 1 Link to comment Share on other sites More sharing options...
Popular Post bhumphrey829 Posted April 8, 2016 Author Popular Post Share Posted April 8, 2016 Weekly update: 7 new locations pulled 3 accounts. Now have 177 locations. Grossed $1,241.00 $15.90 avergage per box. 16% theft, serviced 78 boxes 2 Link to comment Share on other sites More sharing options...
Popular Post bhumphrey829 Posted April 23, 2016 Author Popular Post Share Posted April 23, 2016 Weekly update: 9 new locations, pulled 6, 180 total. Grossed, $1,399.00 Average $16.30 per box. Theft ran 13%. I am concentrating more on cleaning up bad accounts right now, which is why my locations are moving up as quickly as they were before, but my bottom is looking better. 3 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted April 29, 2016 Author Share Posted April 29, 2016 Weekly snack box update: placed 2 new boxes, pulled 5 sitting at 175 locations. Grossed $1,501.00 Averaged $16.98, theft ran 14% 1 Link to comment Share on other sites More sharing options...
sven233 Posted May 4, 2016 Share Posted May 4, 2016 Weekly snack box update: placed 2 new boxes, pulled 5 sitting at 175 locations. Grossed $1,501.00 Averaged $16.98, theft ran 14% Hey. I just wanted to chime back in and tell you how much I really appreciate you posting these updates. Thanks to the info from you, and other posters on this board, I think I am finally ready to start myself. I will probably be ordering my first 50 boxes in the next couple of weeks. Excited and a little nervous at the same time. But mostly just ready to start making a little extra money while doing some work for a good cause. Thanks for the updates and please keep posting them. They are really appreciated. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 4, 2016 Author Share Posted May 4, 2016 Hey. I just wanted to chime back in and tell you how much I really appreciate you posting these updates. Thanks to the info from you, and other posters on this board, I think I am finally ready to start myself. I will probably be ordering my first 50 boxes in the next couple of weeks. Excited and a little nervous at the same time. But mostly just ready to start making a little extra money while doing some work for a good cause. Thanks for the updates and please keep posting them. They are really appreciated. I appreciate the post. If you need any help getting started, don't hesitate to ask. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 6, 2016 Author Share Posted May 6, 2016 Weekly update. 3 New locations, pulled 3. 175 locations. Grossed $1,570 Avg $17.40 per box, serviced 80 boxes, theft ran at 11% 1 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 13, 2016 Author Share Posted May 13, 2016 Weekly update: 0 new locations, pulled 2, 173 total locations. I didn't attempt to put any new boxes out. I was busy trying to get my soda accounts set up. Grossed $1,190.00 Avg $19.50 per box Theft 11% Link to comment Share on other sites More sharing options...
Popular Post AZVendor Posted May 14, 2016 Popular Post Share Posted May 14, 2016 It seems that you're doing a good job of weeding out the bad locations. Am I wrong or are your average collections up and the average theft down over the last few weeks? I do enjoy your updates, keep them coming. 2 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 14, 2016 Author Share Posted May 14, 2016 It seems that you're doing a good job of weeding out the bad locations. Am I wrong or are your average collections up and the average theft down over the last few weeks? I do enjoy your updates, keep them coming. Yes, sir, AZ, my thefts are down and average is up. I used to worry about my "number" of locations", but it didn't take long to figure out I had much rather have less locations and have more quality locations. Another thing I started doing which has helped with cost goods is writing down on the back of my locating card what they are not buying at each location. It takes longer to do my paper work now because before when i would get back to the warehouse, I would just count what was left in the box, put it in my return bin and that's it, instead of actually paying attention to what was selling so it's working out a lot better. I'm still a rookie at this so i'm constantly learing by trial and error since I really don't have a "mentor" to teach me a step by step process lol. I appreciate the post. Link to comment Share on other sites More sharing options...
rodney69 Posted May 16, 2016 Share Posted May 16, 2016 I would look at vending mobile. You can keep accurate track as you go Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 16, 2016 Author Share Posted May 16, 2016 I would look at vending mobile. You can keep accurate track as you go Thanks rodney, i will check it out Link to comment Share on other sites More sharing options...
bhumphrey829 Posted May 20, 2016 Author Share Posted May 20, 2016 placed 2 locations, pulled 10. 165 total locations. Grossed $1,494.00 Avg $17.10 a box, theft ran at 9%. Netted $880.00 (does not inclued income tax) Link to comment Share on other sites More sharing options...
Popular Post bhumphrey829 Posted May 27, 2016 Author Popular Post Share Posted May 27, 2016 2 new locations, pulled 5 162 locations. Grossed $1,203.00 Averaged $19.40 a box, serviced 69 boxes theft ran at 7%. Now it's time to start building location numbers again starting next week. 3 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted June 3, 2016 Author Share Posted June 3, 2016 Weekly update: 7 new locations, pulled 1 account. Grossed $1,044. Avg $15.80 per box, theft ran at 12%, serviced 66 boxes. Link to comment Share on other sites More sharing options...
AngryChris Posted June 8, 2016 Share Posted June 8, 2016 Weekly update: 7 new locations, pulled 1 account. Grossed $1,044. Avg $15.80 per box, theft ran at 12%, serviced 66 boxes. Do you have a lot of schools? A lot of places that take summer time off tend to eat out of snack boxes as though they are having a famine and conveniently "forget" to pay the box. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted June 8, 2016 Author Share Posted June 8, 2016 Do you have a lot of schools? A lot of places that take summer time off tend to eat out of snack boxes as though they are having a famine and conveniently "forget" to pay the box. No, I do not have any schools. All the schools I know of already have vending machines, and I can't imagine a school with a lot of kids would have much "honor" lol. Link to comment Share on other sites More sharing options...
rodney69 Posted June 8, 2016 Share Posted June 8, 2016 They would work in the staff lounge. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted June 9, 2016 Author Share Posted June 9, 2016 They would work in the staff lounge. When i worked for a vending company, most of the schools on my route had vending machines in the staff lounges. I was thinking about trying out some day care centers, don't know how that would work Link to comment Share on other sites More sharing options...
rodney69 Posted June 9, 2016 Share Posted June 9, 2016 That should work well. Link to comment Share on other sites More sharing options...
bhumphrey829 Posted June 10, 2016 Author Share Posted June 10, 2016 Weekly update: 4 new locations for a total of 168. Grossed $1,316. Avg per box $17.55 Theft ran at 12% serviced 75 boxes 1 Link to comment Share on other sites More sharing options...
bhumphrey829 Posted June 17, 2016 Author Share Posted June 17, 2016 (edited) 5 new locations for a total 173. Grossed $1,119.00 Avg $15.55 Theft ran at 11% serviced 72 boxes Edited June 17, 2016 by bhumphrey829 Link to comment Share on other sites More sharing options...
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