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Two Rivers

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Two Rivers last won the day on November 10 2019

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  1. Happy New Year Everyone! Sorry I’ve been gone so long, but I’ve been crazy/busy with the Holidays along with everyone else. Also, I’ve seen a real downturn in sales and a continuance of the uptick in shrinkage/theft as you can see below. Quite frankly, it’s been a bit disappointing. I’m chalking it up to three things, two of which are rather basic. First, I believe people simply weren’t taking as much candy as they had plenty of sweet options to choose from throughout the month of December. Second, I think people probably had less discretionary money to put in my boxes throughout the
  2. New Weekly Totals: Expected Gross Sales: $314 Actual Gross Sales: $244 29 boxes Collected Shrinkage $70 22% Overall totals: Exptected Gross Sales: $3702 Actual Gross sales $2851 Overall Shrinkage 23% 43 total boxes out. Theft/shrinkage is down a bit over the past two weeks, however, sales have also slowed. I now have three accounts where I am placing pops-only boxes in an attempt to slow shrinkage. I've made one collection on two of those boxes and it did seem to work, however, overall sales from one of the boxes also signif
  3. New Weekly Totals: Expected Gross Sales: $179 Actual Gross Sales: $131 20 boxes Collected Shrinkage 27%
  4. New Weekly Totals: Expected Gross Sales: $410 Actual Gross Sales: $291 28 boxes Collected Theft $119 29% Overall totals: Exptected Gross Sales: $3209 Actual Gross sales $2475 Overall Theft 23% As you can see, theft is still continuing to rise. I do appreciate the comments by Flint on the theft issue. I guess I have been operating under the assumption that it is not a good idea to leave notes with candy/lollipop boxes since it is difficult for management/ownership to influence theft due to not knowing whether the theft is employee driven
  5. New Weekly Totals: Expected Gross Sales: $209 Actual Gross Sales: $159 23 boxes Collected Theft $50 24% Overall totals: Exptected Gross Sales: $2799 Actual Gross sales $2184 Theft 22% I placed four boxes on Monday, November 4. I went back to check those boxes on Tuesday, November 12. Two out of the four had never put the box out and gave it back. In both cases it was somewhat expected since the person I'd left the box with admitted to not being the final decision maker. It's just a part of the business. So, I located each of
  6. Thank you for the kind words Bryan. I am finding that it is a constant battle of watching locations and contemplating whether and when to pull a location. My main concern now is that, as I pull, I am going to have to go out of my immediate neighborhood to locate new boxes. Everything I've located so far has been within a 5-6 mile radius of my house. I guess I'm lucky in that regard. I may have to expand to a 10-12 mile radius. It'll be interesting to see what the holiday season brings for these candy boxes.
  7. New Weekly Totals: Expected Gross Sales: $324 Actual Gross Sales: $225 25 boxes Collected Theft $99 31% Overall totals: Exptected Gross Sales: $2590 Actual Gross sales $2025 Theft 22% Box avg. (30 days): $24.93 Theft continues to rise. I'm not sure what to make of it. Prior to my last three weeks, the theft rate was holding at 20%. Each of the last three weeks, the theft rate has been closer to 30% bringing the overall theft rate to 22%.
  8. Just a quick update on locations now that I'm two months into this endeavor: Boxes started with: 50 Current Boxes: 49 (1 thrown away by a restaurant manager) Active Locations: 43 Lost Locations: 7 Pulled Locations: 5 Businesses refusing an Honor Box: 42 All lost and pulled locations replaced.
  9. New Weekly Totals: Expected Gross Sales: $268 Actual Gross Sales: $194 23 boxes Collected Theft $74 %28 This was, by far, the worst week I’ve had for theft. Not sure what to make of that with all of the candy in people’s homes leading up to the Halloween holiday. If this week would’ve held true to my overall theft rate prior to this week, I would’ve collected closer to $220. It was a bit depressing. Overall totals: Exptected Gross Sales: $2254 Actual Gross sales $1798 Theft 20.2 % Box avg. (30 days): $24.38 I did lose the best auto
  10. Thanks for the clarification on shortage Chris, that's what I expected. New, interesting twist to the Honor Box vending business for me last night. I received a text message from someone inquiring as to whether I would like to buy a route of 45 candy honor boxes currently located in my metro area. His text stated that he wants to get out of the business because he has other opportunities. In the text message he said that he had 45 boxes out on location, each making about $20 per month. He stated that he started off with about 80 boxes two years ago and that these are the lo
  11. 22 Boxes collected this past week. $264 dollars in gross sales. Boxes were placed an average of 12 days. 42 out of 49 boxes currently placed in businesses To date: Total gross sales expected based on Candy missing from boxes: $2000 (approximately 6,000 pieces of candy at .09 cents per piece) Total gross sales received in boxes: $1604 To those of you that do this for a living, how would you account for this as a percentage for theft/shrink. Would it be 20% based on the notion that 1604 is roughly 80% of 2000? I’m expecting a bit of a downturn ov
  12. Collected 26 boxes this past week. $214 gross sales collected this week. Boxes were out an average of 12 days. $1340 total gross sales collected so far. I had something new happen this week that hadn’t happened to me before, but I’m know has happened to others, and will probably happen again. I thought I had two boxes placed last Saturday, October 12th. One at a local microbrewery and the other at a tattoo shop. Showed up at both places to swap out the boxes this past Saturday, the 19th. The tattoo shop had the box sitting in the back room and stated there was no
  13. Collected 25 boxes this past week. $285 gross sales collected this week. Boxes were out an average of 12 days. $1125 gross sales collected so far. I am currently running a route on Tuesdays (6-7 boxes), Fridays (6-7 boxes) and Saturdays (12-14 boxes). I'm also beginning to figure out which boxes can be stretched out longer. I currently have boxes on 7, 10, and 14 day cycles. I have 3 to 4 that need picked up weekly. I know I can begin to stretch some of these out even longer as I contemplate whether or not to place another 25 to 50 boxes eventually. Lost two lo
  14. Weekly Update: Candy/Mint/Pop Route 43 boxes out on location Lost one location, a pizza restaurant which closed it's doors. I showed up Friday evening to switch out the box, found the lights out, chairs up, and door locked. Could see my honor box sitting on the counter inside. Luckily, the business has another location in another state. Had to call them and they gave me the number of the local realtor/broker who showed up to let me in to get the box. In all, I know having it sit there only over the weekend is a rather short time compared to what can happen to equipment being st
  15. AngryChris, Why am I here? Yes, ultimately for me, this is just about making some money on the side short-term and to potentially supplement my income in retirement. I am a high school teacher and could retire with full benefits in five years. Full benefits here in Iowa means I would be receiving 60% of the average of my five highest paid years. If I choose to stay longer, it goes up by 1% each year. Quitting in five years and looking for an extra 40% from somewhere is looking pretty attractive right now. Unfortunately, the fly in the ointment is health insurance. I currently recei
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