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musser

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About musser

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  1. Bungee cords would work. Look pretty good too if you could find them the same color as the unit. Problem is kids would probably take them. Always the danger of strangulation too. They make a lot of colors of Duck tape, clear too! Duck tape would be the way I would go.
  2. In as much as A&A Oak and Northwestern "look alike" parts and machines were cheap copies of the original work, I don't miss them. I do miss the real thing. Oak and Northwestern did not modernize their manufacturing and paid a price for that. But maybe the money was no longer there to do that because the income from their original work was siphoned off by knock offs. Just sayin.
  3. No pat on the back for A&A from me.
  4. I know a few people that have very good businesses that have been fortunate to "control" a market. They have been able to dominate and don't bother with "B" or less locations. Most (especially newbies) have "B" or or lesser stops. So I think that explains the difference in income. Now does that mean you won't make money on B or C locations? Of course not, you can make great money ( profit) but your business process is very much different than a business with only A locations. Will a small operator get some A locations? yes. But the majority will be lesser.
  5. Yes, your experience is much different than mine for sure!! I do not doubt what you are saying. But no one here is giving false low numbers. "to keep others out of the business etc ect" I think your company has some great locations. They have been carefully selective also.
  6. So, on your companies routes a seven head bulk rack consistently does no less than $350 a month? That is nothing less than extraordinary.
  7. Ir spel cheek
  8. never make money at 25 on wrapped candy
  9. Is there a serial number plate in the back of the crane where the cord plugs in? Or numbers on the board? I don't recognize the board but I doubt if it is a universal board as the wiring looks factory. Call smart industries.
  10. Way to many variables to set a "standard" figure. Most bulk operators simply do not have very good records. Poor records leads to having to do serious due diligence. Always ask for tax filings ( state, local and fed), Ask to see records of commission payments, cancelled checks or signed copies of commission reports given to locations. If the seller cannot verify his stated income with his IRS filings he is lying about the rest. The "route" has a value, inventory on hand has a value, misc equipment like coin counters, vehicles, tools, parts, extra machines all have a value. Basically: Can the route pay for itself and pay you a wage out of its provable income? If you are borrowing you will have to pay the note. If you are using your own money will it give you a decent return. AND pay you a wage. That is where you begin your valuation at. The "value" to you may be only 50% of gross, it may be an exceptional route and be "worth" 120% of gross. And then you have the other stuff like saleable goods, equipment. Another thing, if you are a cash buyer you are in a very good negotiating position.
  11. Craigslist, local paper, etc. the biggest problem you will have is weeding out the "beggers", the wanna be's with no money.
  12. I understand your route a little better now. It is long ago paid for so why not just split the profit with someone? There is very little incentive to do a good job paying a flat rate. You can create a greater incentive by paying a fee "bonus" for new business. I have employed people for many years and whether family, friend, stranger, doing a good job depends upon the job being worthwhile.
  13. National Entertainment Network,
  14. I believe that to be correct. NEN
  15. Family can be the worst people to hire because they will be the first to screw you over. Sell the route. If you sell to family cash up front only.