texrexvending Posted January 3, 2017 Share Posted January 3, 2017 Route is a chain hotel. Gross is 18k. 4 third party coke machines and 2 snack machines. Snack machines probably cost around 3500.He is asking 10k. Is this worth it? I verified gross sale of 4 drink machines. No contract with location and no commission.ThanksSent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
Southeast Treats Posted January 3, 2017 Share Posted January 3, 2017 You said route, is this more than one hotel? Or is all equipment on one property? About how many rooms and what type of property (highway, business, vacation, extended stay)? Will you have any issues with coke letting you take over the equipment? How long has he been there (in other words, do they have a history of changing vendors a lot)? Link to comment Share on other sites More sharing options...
texrexvending Posted January 3, 2017 Author Share Posted January 3, 2017 I apologize. It's not a route. It's an account, one hotel. 90 rooms. All machines are placed in this hotel. Highway but 6 miles to downtown and airport. Not a extended stay hotel. Coke will let me take over equipment. Great area traffic wise. Austin also is growing fast. 2 to 3 years old hotel. Current operator is probably the first vendor. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
lacanteen Posted January 3, 2017 Share Posted January 3, 2017 Do you have the make and model of the snack machines? Link to comment Share on other sites More sharing options...
Southeast Treats Posted January 4, 2017 Share Posted January 4, 2017 I think they have too many machines but the property probably wants machines on multiple floor. Based on 18 gross each machine is only averaging 250 a month.... it would take extra time to service, and may have too many stales in the snack machines if the operator isn't paying attention. Did the seller give a reason for selling? 9K tops, that would be 6 months sales, if you could verify all of his numbers. I would go lower if the numbers were soft.... Link to comment Share on other sites More sharing options...
texrexvending Posted January 4, 2017 Author Share Posted January 4, 2017 Not going to buy. He did not want to disclose the make and model of the non third party machines. Oh well. Too badSent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
Anacapa Vending Posted January 4, 2017 Share Posted January 4, 2017 Then you're better off. Sounds sketchy. Link to comment Share on other sites More sharing options...
texrexvending Posted January 4, 2017 Author Share Posted January 4, 2017 Actually not really. He sounds a good guy it's just not a good match. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
Southeast Treats Posted January 4, 2017 Share Posted January 4, 2017 He balked at telling you what kind of machines he had? That was the breaking point? Someone explain that one to me, I don't get it..... Link to comment Share on other sites More sharing options...
texrexvending Posted January 4, 2017 Author Share Posted January 4, 2017 Yeah. I don't know either why he did not want to disclose the make and model of the operator owned machines. It was his choice. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
AngryChris Posted January 5, 2017 Share Posted January 5, 2017 If a seller wouldn't disclose what type of equipment it was, I would assume the seller doesn't know, doesn't care, or doesn't want you to know. Imagine someone trying to sell a car. You ask what the make and model is and what kind of condition it's in and the seller kinda pushes you away claiming that you're asking too many questions. Link to comment Share on other sites More sharing options...
texrexvending Posted January 5, 2017 Author Share Posted January 5, 2017 Agreed. I think he was a annoyed that I asked for sales and order history with coke. I really wanted to buy that accountSent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
AngryChris Posted January 5, 2017 Share Posted January 5, 2017 It's not your fault. Either something was wrong or he was not a 'serious" seller. It may have been a legit deal, but not disclosing relevant information tells me that the seller isn't "serious." Link to comment Share on other sites More sharing options...
AZVendor Posted January 5, 2017 Share Posted January 5, 2017 It's like an ad on Craigslist where the seller has no photo but the ad says "Soda machine in great condition - $1000." WTF. Link to comment Share on other sites More sharing options...
vinceqc Posted January 12, 2017 Share Posted January 12, 2017 I think it wasn't meant to be.The guy is too lazy to tell you what type of machine there is on location ? Maybe he was also too lazy to properly keep track of the sales. Link to comment Share on other sites More sharing options...
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