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Showing content with the highest reputation since 02/24/2019 in all areas

  1. 3 points
    An office/warehouse is due when you are up to around 60-100 machines. It gives you space for product most importantly, but also for parts and some space for equipment. If you are that size then you have to get past the cheap faze and become professional. Even at $1000 per month it's worth it. If you instead continue to worry about every expense and sweat the small stuff then you're not ready to go big or go home. I would be surprised if you could find anything of quality for your low ball price of $500 but maybe your area pricing is depressed enough that you could find one. Older places will be cheaper of course. I never considered anything other than continuing to grow and put out more machines. I was more than ready for the warehouse at 60 machines and growing. As I worked up to 300 machines I went from a garage to an older 900' office/warehouse in a mini storage, then to a 1200' office/warehouse in a newer building with a real lease, then up to 1500' in yet a newer building before finally up to a 5000' place with room for everything including a refrigerated candy room, a parts room, the trucks inside for security and protection from graffiti, and it had a loading dock for the truckloads of Coke and Pepsi and Vistar that I got. That was back in the day when Dolly Madison, Hostess and the dairy would deliver to me as well. All orders got called in and delivered and I never set foot in a grocery store or Costco again. Growth my friend, it does the body good.
  2. 3 points
  3. 3 points
    Before you publicly claim your millions from a lottery win, ask your friends and family if you can borrow $20.
  4. 2 points
    Boards go in shiny anti static esd bags. Mechs and Vals go on the shelf either loose or in clear plastic garbage bags for dust. All the above gets labeled with address labels that a printed checkboxes on. Date, and condition (refurbed, broken/ rebuildable core, known good, unknown, etc) Shims rotors etc boxed by machine model. Motors boxed together by type/machine. Harnesses are bagged and labeled by model and application. Decals I use an accordion organizer. Small parts like hardware, Coin return plungers, coin chutes, etc get bagged labeled and stored in those clear plastic shoeboxes by machine model. Ie 1 box for e series golpher, 1 for Vendo Vmaxes, etc I also stock a bunch of new buttons, delivery port trim, etc. in the same way, so that whenever I get a machine going thru the shop I can put new buttons in if they are beat up. Lots more boxes of misc golpher that is mostly separated by model. Less commonly replaced stuff, t handles, rear spacers, coin mech mounts, coin boxes, random brackets, delivery ports, mostly stuff I pull from machines I’ve junked and are only used if I buy a machine that’s missing a part. Long stuff like trim goes in an old trash can in a corner, sets are zip tied together or labeled by model. I also stock some new signs and tuffronts for really common stuff, 501Es, Vendo 540s, AP 7600s, those lean against the wall, tuffronts go on shelves. Plus a whole lot of random crap everywhere. Where this all goes to hell is with USI golpher. That, my friends, requires the help of an archeologist when I dare look thru that stash of parts. The system used there is probably best described with words like strata, syncline, fault line, and rockslide.
  5. 2 points
    While agree with everyone that giving your customers multiple options to pay is just good business sense, I don't believe that boycotting "Cashless Only" should be legislated by the government. If someone wants their machines to be cashless only, so be it. If a customer DOESN'T want to use cashless, then go use someone else's machine or bring your own snack. Getting really tired of government over-reach and dictating how we should run our businesses. Gimme a break! Just stick to figuring out how you're gonna fix the potholes on my street and let ME run MY business. Just my 2 cents.
  6. 2 points
    This happened to me, when I had a landline. Hung up the phone wrong, referred to her as that .... very loudly, then realized the phone wasn't on the hook right. But after I noticed it I realized I didn't care if she heard me, and kind of hoped she did.
  7. 2 points
    Just do it. You're never going to get anyone excited about price increases. They'll kick you out if they don't like it whether you tell them or not. People don't understand vending has expenses just like any other business.
  8. 2 points
    Update: I had contacted Coinco back in January and they told me that when the e-prom is between 67100-1 and 67100-4, it CANNOT be upgraded beyond that and it will not report cash sales. I guess anything from 67100-5 and up can be upgraded to the latest version (67100-12). So not all of those boards with the blue button are the same. Just reporting this so others know.
  9. 2 points
    I have several places that have mice problems. My solution to that is buying containers from Walmart and the problem is solved without changing from the cardboard boxes.
  10. 2 points
    Vendors Exchange can help with restore to factory but not sure that's necessary. At least one of your tray boards is bad. Most likely it is the c shelf board but the e shelf board could be bad as well. I just dealt with the same issue, different motors. Replaced the shelf to fix.
  11. 2 points
    I sell 12 oz cans at 1.00 and have for the past two years.
  12. 2 points
    People have been emailing me about selling VENDicuss. I keep telling them no. I recently was asked to call somebody, without reason. I responded by asking about what? They responded with the possibility of buying the site. Well I responded with this: Interestingly I haven't heard back from him. I forgot that I would add that any sale would require a new buyer to sign a contact agreeing that these clauses be added to any agreement.
  13. 2 points
    If you have all of your equipment out on the street then I would say pull it and look for greener pastures. If you have several machines not placed then leave it on location until the other equipment is placed (as long as the low earners aren't way out of your way when running your routes). Look at it as free storage that makes a couple of bucks till you find a new home for it. Definitely don't pull it and let it sit in your garage or shop making you zero. I find $4 and up per month acceptable for single head gumball machines these days especially as filler locations on stronger routes.
  14. 2 points
    If this is what you want to pursue for your own Honor Snack business, good luck and God Bless. More power to ya'! But why don't you pursue your idea first and THEN share the excitement and results with the community. I don't want to see other small honor snack businesses fail, even though YOU are prepared to fail (which I understand is how we learn and move forward). Don't really understand THIS comparison. No one is claiming that ANYTHING is unsinkable (or the perfect solution). What I am explaining is that your idea is NOT new, it's been tried with no success. It would be more like Coca-Cola trying to reintroduce New Coke again, only hoping it didn't fail this time. I'm sure the "Experts" would say "Sorry, No. Been there, done that!" If your would like TRUE, HONEST, CONSTRUCTIVE FEEDBACK, I would be more than happy to share. I could save you a TON of money and heartache regarding these two ideas. I would think that with your business education and experience, that you would see that the Card Reader idea would NEVER pan out. It just the simple rule of ROI, Return on Investment. An average Honor box will generate roughly $20 per service. Once shortage and inventory costs are figured, you may be looking at $9-10 GROSS Profit. Now, a card reader will run you between $250-300, PLUS a monthly service fee, let's say $8 (they can be anywhere from $5-12/month). You ALSO have the 3-4% of sales that you have to give the credit processing. An honor box simply could NOT sustain the expense. And all this BEFORE you even get to the real "nuts and bolts" expenses. Again, the BEAUTY of the Honor Snack industry is it's SIMPLISTIC service concept and it's LOW investment (no equipment). You see...I am running the everyday Luxury Steamliner and YOU are building the TITANIC. I am only trying to point out the 500 Icebergs that are in your way. More like " Ay Caramba!" But seriously, I would be happy to give feedback that will greatly help you and your Honor Snack business. Please feel free to message me any time. Just my 2 cents!
  15. 2 points
    A coin mech with token learning capabilty may be a solution. Or an MDB bill validator with free vend coupons.
  16. 2 points
    Call eagle directly 909 447 7866
  17. 1 point
    Also, just FYI, the 608 certificate (which is nice to have so you can shop at refrigeration suppliers and be legal) costs like 25 dollars and takes a couple hours. It’s open notes too so as long you have at least a room temeperature iq you should pass it on the first try. Plus you can do it online.
  18. 1 point
    That's an excellent point regarding taking too long to raise prices. When I bought some locations from one vendor years and years ago, the prices were pretty good. At the time, my sales were pretty slow (about 40k/year) and an account doing 2k/year was pretty good to me. I probably went 2 years before I even considered raising prices. Most customers were understandable but I had a few that... when I wanted to raise candy from 90 cents to $1.00, or pastries from 95 cents to $1.00... there were a few that had an issue with it. it took me a few more years to realize it, but people get SO used to the same prices all the time that they get quite upset when the prices go up even 5 cents. But when you raise prices every year, they know it's coming. In regards to January and July being the best months... I think that's about as useful as the statistic that says something like 10am is the best time to make a cold call. Thing is, the conclusion is a little misleading and would be better stated that ANY time after 10am is a good time to call but calling between 7am and 9am is generally a bad time to cold call. I try not to raise prices in November or December but any other month is probably fine. I'm glad this post was made. It reminded me to raise prices at a few locations. Soda needs to be $1.50 minimum now.. and I can see $1.75 coming within the next 2 years around here. It's about time to make everything at least $1.00 in the snack machine as well... and that's without commission.
  19. 1 point
  20. 1 point
    Make sure the inner height is good. I'd say you really want a 7' ceiling as i believe that would be adequate for any machine. The potential downside is that, if you fix shelves in place, you won't have much room for machines. I think you'd be better off hiring a mover or, if you don't like that, rent a box truck with a lift gate. Or... if it's affordable, use a dedicated trailer solely for machines. You should dedicate most of your space to stocking product. It's great to be growing but just think about it. If you really felt it necessary though, give yourself 4' from the back so you can deliver 2 machines and get some e track on the walls so you can strap them on. You'll lose quite a bit of shelving but you'll still have a lot. I think it's a risky idea unless you have a strong helper and a pretty long ramp.
  21. 1 point
    The Beaver mechs will fit a lot of the import machines. Sometimes you will need to grind a bit of the rear backing plate to make them fit.
  22. 1 point
    300s and I have been getting 30 per and am giving volume discounts over 10
  23. 1 point
    I don't use cashless systems myself but do think that they are a great idea in the right setting - meaning the under thirty crowd or office locations. Eight cases a month in the winter is not all that terrible but I'm sure you get the idea about eventually owning your machines at least to cover the quota if that's the way you go. My best location does about $500 a month in sodas alone but I get the feeling that most of the people there don't even have a credit card so I'm sticking with cash. Blue collar locations tend to be like that. If I were to pay an extra %15 for product I would easily own the machines outright in less than a year.
  24. 1 point
    Busing a route is one way to start, and the seller should be able to help you with at least basics (if you trust them). However, most people overpay for their first route that way - I sure did. But in a way I was paying for an education as well, and I still have few of those first accounts producing for me, so there is that. There are several ways to value any business for sale - breakup or asset value (what is the equipment worth if you just sold everything) is one; calculating the value of the working business is more complex, especially when you are new to that trade. I tend to look at 50% of annual sales, plus the value of spare machines and operating equipment (trucks, dollies, etc), the amount of cash (change banks in machines) carrying over, and to a lesser extent any extra inventory (which may be short dated or not selling well, you don't really know). There are some really good and in depth prior threads here on valuing a vending business, so if you want to go that way dig some of those up first. The route you are talking about at 42K per year for 39 machines means he averages less than $100 per month per machine, not so very good. Some locations may be winners but there will be quite a few on the low end of the scale as well. It may only be worth equipment value, if that. You would keep the good accounts of course, and try to move the other machines to better locations or sell some of them off. If he has a bunch of combo machines (or even worse, mechanical machines such as snack time or antares) - do not walk away, RUN away... Yes, existing accounts do turn over due to neglect or for many other reasons. Hotels are a world all their own and a good hotel is a nice location to have. A bad hotel will work you half to death for little if any profit. Anyone you call on in my opinion, should be in person. Emails and letters get ignored, and phone calls get hang ups. Look professional and have your business cards to leave; be willing to come back several times.
  25. 1 point
    That may not be good advice in this situation because coke might not give him anything as far as a lease goes. Every region is different and coke doesn't lease anything in some areas. If they won't lease anything or do any repairs, then there's no benefit in signing an agreement OR ordering from them. It's far better to get your own machine, stock it with whatever will sell, be it Coke or Pepsi or 7up, and take care of it yourself. Plus, you might have trouble meeting their minimum or having a suitable place to receive deliveries. You can go to the grocery store or sams club or wherever and get things cheaper and immediately.
  26. 1 point
    Oak vending Cal. Not returning calls now. Their selling on eBay. Oak 1"toy wheel & brush off.
  27. 1 point
    Agreed. I believe in giving the customer as many options to pay as possible.
  28. 1 point
    Just to add on to Southeast Treats excellent reply, it's true that most if not all suitable locations already have vending machines, but I have been surprised over the years in that solid accounts are sometimes neglected. And it could also be a personality issue that would lead to a decision maker electing to try a new company. Point is, it's not a stagnant business ... things can and do change. Persistence will be key for you in finding locations. As for buying that existing route, I think others will agree that even if it's a legitimate offer it will be too big for you until you gain much more experience. And it is very possible that it's a dubious offer anyway. When you do find a location and need to buy machine(s) I recommend Vending World in Rancho Cucamonga. They really know their stuff, plus it's not very far from you. They can hook you up with a mover and also provide some limited training on how to operate the machines. Best of luck to you.
  29. 1 point
    I forgot to add that if the connectors, rollers and motors check out okay then a very slight tweaking of the pins on the back of this shelf can be done to make better contact with the cabinet harness.
  30. 1 point
  31. 1 point
  32. 1 point
    Federal machines are just USI machines with different model numbers and different logos. If you're looking for new machines then compare the USI direct prices to his Federal prices to see how competitive he is. I don't recommend new machines to new vendors because you probably won't be getting good enough locations to support new machines, let alone used machines, because you have no experience yet. If you buy new then you will likely have to finance them and that will be at credit card interest. They also use the Rule of 78s on their interest so there won't be any advantage to paying the note early. If you don't have the funds to invest then you need to do this one machine at a time and used lets you easily do that. Do can soda to begin with until you have several machines out and you have a better idea of what it takes to run a vending business. It's a lot of work and don't let anyone tell you it isn't.
  33. 1 point
    I'm sorry to hear that you have a piece of crap Seaga machine. I don't recognize that model. If it's a top and bottom combo machine then you probably have a bad motor but it could be a cut wire to it or the harness between top and bottom cabinets is loose.
  34. 1 point
    Good feedback. I am finding that same that some businesses that have already had honor snack boxes in the past are willing to give it a second try but they do want an upgrade for the cardboard snack box. So it has been a worthy discussion looking at other snack box alternatives that aren't costly in the long run.
  35. 1 point
    I do between 25 and 30 locations per day. I have someone that stocks my boxes for the next day route, so I go in, load them up and take off. When I get back from running the route, I count the money and figure out shortages, then head to the bank to make deposit. Hope this helps
  36. 1 point
    I have only been doing this 4 years, but in the 4 years, I have never once has someone tell me they would rather have something better than a cardboard box. The question I have been asked is if I had the full line vending machines. As long as your card board boxes are in good shape and nicely designed, I don't see businesses wanting anything more. They like to keep it simple as do most of the honor snack box people I talk to on here, which is the exact reason most of us got into this business in the first place.
  37. 1 point
    So far this place has been great to me.All my questions have been answered very fast.
  38. 1 point
    Trying to tell veteran honor box vendors that there is a better box after they have tried them all from cardboard to plastic is foolish. Your only market will be vendors who have no experience yet.
  39. 1 point
    I don't know what my schedule is for Wednesday night yet but I'll let you know when I do, drinks are good ; )
  40. 1 point
    Have 200 eagle/oak/Astros available
  41. 1 point
  42. 1 point
    I use wd40, but beaver uses some type of grease, wd40 will loosen it up, but the grease will stay for a while, they might actually sell it, or call up beaver, ask your sales rep, they will find out the name of it for you. it could really be a defective mech, but they've always had the $1 mech, its the same as the $0.50, let them know about it, you might get a replacement part.
  43. 1 point
    You still can't figure out how to google things you want to know about? Amazing!
  44. 1 point
    You will fill your machines with products, they will not sell, and go stale. If you are smart, you will then fill you machines with chips, candy bars, and fattening pastries. They will sell and you will be happy. If you are not smart, you will continue to fill you machines with healthy products until you go out of business. The someone on this site will buy your machines for 20% of what you paid. If it is an AMS, 35%. They will be happy, you will be broke. No one is sitting at their desk with a craving for granola bars. Snickers and M&Ms on the other hand...
  45. 1 point
    well I can tell you 3 about this blog 1. reading this made me happy and satisfied 2. you are an amazing writer 3. "Always be happy, never be satisfied" is a fantastic motto to live for
  46. 1 point
    After looking at your picture, you have a bigger problem than cleaning your machine. You have a sign on top saying something about jelly bean flavors inside and out, yet the machine is loaded with 27 mm bouncy balls. I see a choking hazard that needs to be addressed immediately!!
  47. 1 point
    Thank you for the information.Very intelligent aproach to vending.
  48. 1 point
    the other guys got pretty far off topic, back to your questions. I had a minute to read through your post. Here is some advice that I hope helps. probably not what you are looking for, but what I think you need to hear the most. I would hope and assume that your new wife is the most important thing in your life. you are not a single dude anymore, all of your decisions need to be made with your wife and future children's needs in mind. ask yourself this question, am I really being fair to my wife? is 1500 per month the lifestyle that my wife signed up for when she married me? you're confident talk leads me to believe that this is not the lifestyle that u promised your wife and led her to believe when she agreed to marry you and potentially have your children? did you mislead your wife's parents when they agreed to allow their daughter to marry you! You should be talking to your wife about your family goals! If your family goal is to live off of 1500 dollars a month and work as little as possible, then you are doing a great job! Many people can live off of that and be very happy! Make no mistake, I am NOT judging you or your goals. on the flip side, your wife should have realistic expectations of you... nothing will come easy, there is a trade off. The more money you need to make, the more you need to work, the less you see your wife! with regard to vocation vs. Advocation.. I struggled with that to. I'm 35 now, I graduated from college with honors, and the sky was indeed the limit. I chose to forego a desk job and start my own vending route! believe me.. I heard about it from my wife and my inlaws at first.. I only made 25000 per year for the first couple of years, & I worked 70 hours a week! My wife would rub it in that she made more money than me as a cpa.. and my in-laws would make comments like you're too smart to be servicing vending machines! my wife and I worked through that, and I chose to ignore the "haters".. so far my hard work has financially been very rewarding, my wife can stay home and raise our children. I am NOT changing the world with my vending route, but that does not mean that I cannot make a difference in other people's lives. First and foremost my own, secondly employees, and finally all of the people that benefit from financial contributions that we are able to make to church, our community, and social welfare programs such as Hope International. hope that helps!
  49. 1 point
    thank you. mission vending. so what is the time frame that need to pay off the equipment is considered good investment in vending business?
  50. 1 point
    Blind, I was trying to not jump to any conclusions. We only know one side of the story, and don't know the severity of the theft! If it was a couple of bucks.. Maybe they weigh quarters? maybe the employee had a scale that was not calibrated? we don't know because bill did not say!!! did the employee take 50% of the money from 30 stops? we don't know!!! maybe the employee needed some wd40 to lube up some coin mechs and took it out of the quarters? I don't like to jump to conclusions.. sorry your blood is boiling! I think everyone can learn from this... If you have employee's you should definitely consult a lawyer (if you cant afford it, find a friend with a business that has a good lawyer and pick their brain) regarding employee rights/rules/procedures. An employee handbook that spells out rules and consequences for breaking the rules is something every company should have.. if you spell out ahead of time what the checks and balances are, honest people will stay honest... the dishonest people will stay dishonest... and that's when you take Bhfishers advice!! great advice BH.! I think that as employers we owe it to our employees to treat them with kindness, love, and mercy... Discipline and forgiveness... That said, if someone knows the rules, and breaks them it is up to the employer to determine the severity of the offense. sometimes it is cut and dry, and the best solution is that the employee should to go to jail.. other times, a simple reprimand and wage garnishing that will create an honest and loyal employee for life! This does not have anything to do with an employee... but it is in line with discipline and forgiveness. About 6 years ago I got a call from the Frederic MD police stating that a young man had broken two 25 C (northwestern heads) off of the bottom of a 9 way rack. The "location" caught the kid and called he police... (they wanted me to press charges).. The next day a juvenile correction officer contacted me regarding the case and wanted to know what I wanted to do. I told her that the total cost of the damages was $150, and that I would like to speak with the kid who broke them. He called me, and I told him how much money he cost me, and the severity of his actions and the consequences according to the law.. he got emotional and told me he was showing off for his friends and he promised to pay me back. I had a decision to make.. I could press charges and send a kid who made a split second stupid decision ("round house kick" my machine) to juvenile detention... or I could show kindness to someone who needed mercy... What did I do? I told him that he did $150 worth of damages and I wanted him to make it right by paying it forward... He cost me 6 hours worth of time and $150 worth of damages, so I told him to choose a charity that he was passionate about and volunteer for 6 hours.. then donate $150 and tell them about his story.. I told him that at some point in his life, someone will surely wrong him worse than he wronged me.. and he will have a decision to make.. About a month later I got a call from the officer assigned to his case.. She said that it was the most amazing experience she has been a part of, and thanked me for helping to steer that kid in the right direction. I told her that every day I am the recipient of grace and mercy and that sometimes a little bit of forgiveness can go a long way.

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