Signguy Posted February 13, 2017 Share Posted February 13, 2017 Hey folks, new here and excited about getting into the mix but am struggling to figure out how long before I make money on this. So...if I buy a machine or several, I see post mentioning around $30.00 a month return for example but if I pay say $100 or more for each of the machines then its 3 plus months to pay off the machines but then I have to pay for gas, and candy so how do you make any money off these ? I understand more is always better but to start.... just curious. Thanks again for all the help Link to comment Share on other sites More sharing options...
BouncyBalls Posted February 13, 2017 Share Posted February 13, 2017 If you net 40% which is very likely then all you have to do is the math. Link to comment Share on other sites More sharing options...
vendtex Posted February 13, 2017 Share Posted February 13, 2017 The tax right-offs help! Link to comment Share on other sites More sharing options...
Signguy Posted February 13, 2017 Author Share Posted February 13, 2017 Thanks for the replies much appreciated. Can anyone tell me about the nice artwork on the machines, for example bouncy balls or gumballs ? Link to comment Share on other sites More sharing options...
BouncyBalls Posted February 13, 2017 Share Posted February 13, 2017 You lost me. Link to comment Share on other sites More sharing options...
zjtaylor Posted February 13, 2017 Share Posted February 13, 2017 I shoot for under 1-1.5 year ROI for any investment I make under 5000$. That said I don't know where you are buying these machines but I consider 100$ per machine way too much. I average 55$ per head in my area and I can tell most guys on here are paying about 30$. Expect 15$ per month average revenue. Keep the machines in a very close area and that will help profit. Expect to lose a lot of money. I have been in the industry 1 year now and am probably -3000$ in the red but I have learned a lot and I finally figured out how to grow in the right direction. Good luck Link to comment Share on other sites More sharing options...
Zigzag Vending Posted February 13, 2017 Share Posted February 13, 2017 14 hours ago, Signguy said: Can anyone tell me about the nice artwork on the machines, for example bouncy balls or gumballs ? That usually comes on the machine from the factory. It looks nice but really isnt necessary. Youre wanting to leave as many "beautification" ideas on the board until u can see real profits. Try to find good machines for $50 or less (including stand. Stands are expensive to buy new and is the one reason u would buy a junk Rhino for less than $30 or so if the stand is good). Look at the pinned topic at the top of this forum for reviews on what machines to get and avoid. Also, expect to spend the first 1-2 years reinvesting every penny of profit u make into new machines if u plan on growing within your means. Link to comment Share on other sites More sharing options...
Zigzag Vending Posted February 13, 2017 Share Posted February 13, 2017 And as far as the artwork, buy good business cards. Maybe nice stickers to put inside your machine globes to brand your machines. Buy great looking machines. You can expect to spend more than new price on a $10 "project" machine, and thats time spent not locating that machine. Link to comment Share on other sites More sharing options...
Determined Posted February 13, 2017 Share Posted February 13, 2017 If you want to make instant money be patient and find a location ready single head gumball machine for $30. Place it in the busiest place you can find. In 2 months you would/should be profitable but also a very slow way to grow. Link to comment Share on other sites More sharing options...
Signguy Posted February 14, 2017 Author Share Posted February 14, 2017 Thanks for the replies and advice. This forum is a great place to kick it off. Link to comment Share on other sites More sharing options...
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