Hello to everyone at VENDiscuss ! A little background:
I am looking at starting/buying a bulk route in the Houston area. I own a retail store in a Houston suburb (Spring area) for the last 15 years, and in two years my long term lease is up.
My new landlord has already indicated my lease will probably double + on renewal; hence looking for a new business opportunity. I am not a "stranger" to the vending business, as I owned a full line vending company from 1976 - 1983 ( 212 pieces of equipment - 26 locations - $ 860,000. a year when sold.) I grew up in New Orleans and my father owned an amusement company (jukeboxes, pinballs, pool tables, cigarette machines, and amusement games from 1950 to 1997 when he retired. I worked for him thru jr. high and high school.
When I owned my vending company I came across two different business opportunities during that time, both of them interesting but at the wrong time in my life : a bulk vending route (384 machines) and an honor box route(s). ARA services in Houston had an honor box route - 450 boxes and offered it to me FREE, if I would just take it over; their regional guy just didn't want the hassle of running a full-line vending company and a honor box route(s). The second opportunity was the 384 machine bulk route; I looked at it very closely as the numbers were very good and it was very well setup and CHEAP !
Most of the machines were Oak and Northwestern and were set up on a 30 day run cycle and the business was doing about $ 40,000 @ year. He was asking $ 5,000. cash and would throw in a 5 year old chevy van into the deal (this was in 1981). Again I passed on it ,and referred it to a friend who was a full line vendor; he bought it for his high school son and they ran it for 6 years...did quite well too.
I never forgot the business and always kept it in the back of my mind as a "future thing to do".
Next item - Question for Members:
I have run across a number of 1800vend triple head machines for sale in Texas. I realize that most of these were bought in biz/op deals for way to much money. Generally they are reselling here in Texas for $100. to $150. each. From what I have read here at VENDiscuss so far, they appear to be an excellent machine for both service and durability.....am I right ?
Any comments would be appreciated ! !
Thanks...... Neil Surgi