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GumballDragon last won the day on November 27 2018

GumballDragon had the most liked content!

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About GumballDragon

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    Owner ''The Dragon''

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  1. Based on the information provided, and after carefully evaluating everything, I think it would be fair and reasonable to relist this, for approx 15,000. Thanks for all the input. Lets see how it works out.
  2. That's a very good response and I appreciate the details you provided. Fortunately, I have one business bank account, where ALL my business activity exist. I kept a PDF for each month, 2018 business bank statements, as well as the Cost of Goods Sold, to prove my gross income and expenses. Your response definitely makes sense about the charity vending route. Even though I'm able to provide business bank statements to prove 19,000 in coin deposits, i can see why most of the offers are lower. *In my case, if I had 80 locations, mainly single GB, with 19,000 in coin deposits; how much would be reasonable to accept??? *btw, my avg is 20.00 per location; hard to believe, but i pulled and relocated machines NON STOP my first 12 months; and anything below 6.00 per month, i pulled asap. my strategy did change toward the end; but my first 12 months, i established a serious base using that method.
  3. Thanks! I got a couple offers, but they were insanely too low. Does anyone have experience selling or purchasing a route? If I gross 18,000 - 19,000 per year, should i list for 18,000? Is that too high, or is that about right?
  4. Its been a pleasure meeting and interacting with all of you guys and girls! I recently took on a massive project that requires me to go overseas for many months at a time. I initially thought i could handle both, but NO. I was in China for 3 months, and now I need to continue going back. This is an amazing chapter in my life, but also sad to say goodbye to my awesome GB Dragon Route. I have approx 80-85 locations, with over 18,000 USD in deposits alone for 2018. *If you have any friends in NC area, specifically Raleigh, Durham, Burlington Area, please have them contact me. Best offer, get this route with all machines, locations, parts, and spare machines. Its all YOURS. FIrst come, first serve. This is charity route, no commissions.
  5. Ive had many jammed coin mech issues, and had no problem resolving the issue. Although, this time, i have a jammed coin mech within a triple; and I really do not want to go through the hassle of taking the coin mech out of a triple, just to get the problem resolved. Is there a way, to resolve this problem without taking this thing apart? Could i use tweezers? Any other method that works well??? Im so accustomed to dealing with singles, but this is inside a triple...please help. Thanks!
  6. Does anyone have a Beaver 25 cent coin mech for sale? I need to purchase one. Please ping me. Thanks
  7. Hi, I'll keep that number handy for next time. I ended up buying a lock at Home depot, and took the lock apart, and it actually works on LYPC machines (for the top lid).
  8. Got it. All this information was excellent, and appreciate all of your input. I'm making some good changes based on all this info. Thanks!
  9. Exactly how I analyze my route. I keep a database (connected to a mobile app), detailed spreadsheet, and a mapping system; within all these applications, I count triples as 3 heads, doubles as 2 heads, quads as 4, etc. Location numbers are separate, and just as most people have mentioned, the number of heads mainly for tracking and logistical data. If 4 head locations are performing weaker than locations with single or double, then obviously I have to make some changes. The data allows the possibility of making adjustments in order to increase future earnings.
  10. to answer the original topic on this thread, my product line is: 1. 1 inch 27 mm GB 2. 1 inch 27 mm BB 3. PMM (dispensing approx 6 units per vend) 4. MM (dispensing approx 9-10 units per vend) 5. Skittles (dispensing approx 9-10 units per vend) 6. Mike & Ike (dispensing approx 12 units per vend) ***Im still shocked that a small 40 man bar is blowing through 50-60 USD per month in 'condom' sales. That is outrageous. What in the world is going on inside this small bar? Just mind blowing.
  11. Hi, thanks for responding. I just received one 2 days ago, and now im all set. If I happen to need parts for that machine, ill definitely ping you. Thanks!
  12. Right, but this action was 'after' the owner of the location offers the 'abandoned' equipment to you. We were trying to figure out, 'though' its abandoned, and location owner offers it to you, is it 'legitimate' to take it? So, thats when I was thinking in these terms below: *I took a moment to review 'basic' law about abandoned property. It 'appears' the best way to handle it legally, is to initially report it, then make an 'effort' to track down the owner, and if the property is still 'abandoned' after those efforts have been made, then its officially 'your' property. That appears to be the 'general' way to handle such a situation* Most location owners do not want a 15 year old, abandoned gumball machine; most of them do not care about the 15.00 in quarters that might be sitting inside. I've never seen a location owner grapple over abandoned equipment like that....it would be absurd. In most cases, the location owner wants it off their property if its 'abandoned'...its collecting dust, and just taking up space in their eyes....they want to turn it over to someone who could potentially use it, or simply throw it in the garbage.
  13. Just looking to gain better/more adequate methods as to what other people are doing with their coins. *What's the fastest way to convert coins to cash? are You carrying a 50 pound bag around at the bank? What is your method? *Coinstar is a rip off, and the worst way to convert quarters, so that's not an option. Is there something similar but less expensive? *I think most people here are using coin sorters; are you dropping all the coins into a bank bag and depositing? Is there a better way to make deposits? *If you need cash asap, do you roll the quarters and ask for cash? Do banks do that?
  14. Gotcha, that's interesting perspective, and never actually thought about it in that way. I was thinking, if the machine was abandoned, and unserviced for years, it would be ok. On the other hand, you have a valid point. Definitely something to think about. *I took a moment to review 'basic' law about abandoned property. It 'appears' the best way to handle it legally, is to initially report it, then make an 'effort' to track down the owner, and if the property is still 'abandoned' after those efforts have been made, then its officially 'your' property. That appears to be the 'general' way to handle such a situation. If anyone else has more precise, practical, or other misc input, feel free
  15. Hilarious that you mention that. Ive been given 2 machines already from store owners, based on people placing machines and it go unserviced for 12 months. I might have #3 soon, but this unserviced machine has a chain with lock on it. Hasn't been touched in over 1 year. Its going to be awkward going in there with a heavy duty cable cutter. *Im inside a restaurant, where there is a rack, along with my single GB. I serviced it last week, and noticed another single GB. I asked the manager why he would allow 2 GB machines, and he says 'i thought the other one was yours??', i was like 'f no, why would i do that?'...he says he has no idea who placed it. 2nd manager who told me this. So basically, i have some a-hole in my territory doing 'guerilla' vending; these morons are just running around placing machines, without approval. Anyone else experiencing this in their area?? Its so annoying
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