TKK Posted June 27, 2012 Share Posted June 27, 2012 Haven't done it in a while...oh have places who want coke machines but I want good places. I want to get places that do atleast 200 a month per machine plus. What do you guys usually say and about the electricity...I want to set up places with coke and snack machines most places just want coke ones. Link to comment Share on other sites More sharing options...
dogcow Posted June 27, 2012 Share Posted June 27, 2012 u want to put a drink and snack machine in a location that will only do 50 a week?! good luck with that Link to comment Share on other sites More sharing options...
TKK Posted June 27, 2012 Author Share Posted June 27, 2012 Per machine. So if I have a snack and can machine 400 a month...all these apartments and warehouses seem hard to get Link to comment Share on other sites More sharing options...
Dennis23 Posted June 27, 2012 Share Posted June 27, 2012 Two machines and at 50.00 per machine that is 5000 per year. If you don't want to do it without the snack walk away from it. In many cases you have to be willing to lose it all to win. Link to comment Share on other sites More sharing options...
TKK Posted June 27, 2012 Author Share Posted June 27, 2012 What do u mean Link to comment Share on other sites More sharing options...
dogcow Posted June 27, 2012 Share Posted June 27, 2012 Per machine. So if I have a snack and can machine 400 a month...all these apartments and warehouses seem hard to get oh see, yeah thats not a bad gross, not really great but about the minimum you need to make to make it worthwhile most of the accts u will be dealing with have existing vending so you need to figure out how to get them kicked, also you might be asked to pay small commission. anywhere that does that kind of volume PROBABLY wont ask about electricity lol Link to comment Share on other sites More sharing options...
TKK Posted June 27, 2012 Author Share Posted June 27, 2012 After 3 hours of located I managed to get 5 bulk locations 2 coke machine locations One coke and snack machine car lot/ tire shop And 4 good leads on apartments unhappy on their vendors! I need more coke machines lol. Would u guys say a coke can only machine making 100 a month would be a decent location? Link to comment Share on other sites More sharing options...
dogcow Posted June 28, 2012 Share Posted June 28, 2012 After 3 hours of located I managed to get 5 bulk locations 2 coke machine locations One coke and snack machine car lot/ tire shop And 4 good leads on apartments unhappy on their vendors! I need more coke machines lol. Would u guys say a coke can only machine making 100 a month would be a decent location? the apts are unhappy most likely because the vendors arent making much there and dont expect competition i would be careful taking those accts but in some cases they can be winners especially like real low income places. i would not bother with the car lot/tire shop location, unless it has a lot of employees those locations can be OK drink locations but usually the kind of snack accts where u are losing money hand over fist no 100/mo is a terrible acct i would not keep equipment anywhere for under $50 a week unless the alternative is keeping it in your garage Link to comment Share on other sites More sharing options...
TKK Posted June 28, 2012 Author Share Posted June 28, 2012 That's the thing I have these in my garage and right now anywhere is better. The tire place is like a warehouse and small car lot they only have like 6 employees but he says its very busy and they have a nice waiting area Link to comment Share on other sites More sharing options...
dogcow Posted June 28, 2012 Share Posted June 28, 2012 That's the thing I have these in my garage and right now anywhere is better. The tire place is like a warehouse and small car lot they only have like 6 employees but he says its very busy and they have a nice waiting area how much does it cost u to move the equipment? because i can tell you it aint gonna be worth it no matter how much business they do , dont put a snack machine there. id rather have one in my garage. Link to comment Share on other sites More sharing options...
Precious Roy Posted June 28, 2012 Share Posted June 28, 2012 Would the tire shop be worth it if he had a combo machine and didn't have to do one drink and one snack? Seems like getting into full size snack machines is going to cost more than its worth in spoilage unless you can place several at once and rotate stuff before it expires. I only have combo machines and I have seen that start to be a problem. I need to sit down and figure out the percentage going to waste. Link to comment Share on other sites More sharing options...
TKK Posted June 28, 2012 Author Share Posted June 28, 2012 So do you suggest to have them in the garage instead? Which place would I U recommend for a snack machine? I don't see why I couldnt just try it a month or so..obviously if it sucks I'd just move it. Link to comment Share on other sites More sharing options...
dogcow Posted June 28, 2012 Share Posted June 28, 2012 Would the tire shop be worth it if he had a combo machine and didn't have to do one drink and one snack? Seems like getting into full size snack machines is going to cost more than its worth in spoilage unless you can place several at once and rotate stuff before it expires. I only have combo machines and I have seen that start to be a problem. I need to sit down and figure out the percentage going to waste. RJT gives a very good explanation about combo machines and do not have any but I see his point. Basically any location that is small enough for a combo machine , is too small for snacks period. if you have enough volume to justify snacks you will have to be filling the combo machine too much, if you dont have enough you will be dealing with an avalanche of stale product. also combo machines have poor capacity for drinks, which is what you make the most money on anyway. the best bet in my opinion is to put a drink machine and fill it on a 2-3 week cycle if you absolutely must put snacks use an honor box, you will make more money and it needs less product to fill. Link to comment Share on other sites More sharing options...
dogcow Posted June 28, 2012 Share Posted June 28, 2012 So do you suggest to have them in the garage instead? Which place would I U recommend for a snack machine? I don't see why I couldnt just try it a month or so..obviously if it sucks I'd just move it. i dont mess with ANY accounts under 15 people, period. i have done these 6-10 person tire places , auto dealerships (buy here pay here) places before. they make NO money, like maybe $50-100 a month in drinks on a good month. its just not worth it because the same drink machine can be making u $100 a week somewhere else. The only exception is i have a quick lube place its about 15 guys and has drinks/honor box only. its all outside and theres no 7/11 near by. most money comes from employees not customers/foot traffic with few exceptions (hotels) that said if you want to bust your golpher moving the equipment then moving it again, go ahead i pay to get the soda machines moved so to me its only worth it if i feel i can make money there even if i moved it myself my back only has so many times of moving heavy golpher ...u know ur back has a limited life span so make it count lol btw http://miami.craigslist.org/brw/app/3106290947.html Link to comment Share on other sites More sharing options...
TKK Posted June 28, 2012 Author Share Posted June 28, 2012 This makes sence I'm just having a hard time getting big warehouses most already have vending so its hard to get em...that tire place I'm sure if after a month it sux I can move it because its a mile from my house Link to comment Share on other sites More sharing options...
dogcow Posted June 29, 2012 Share Posted June 29, 2012 This makes sence I'm just having a hard time getting big warehouses most already have vending so its hard to get em...that tire place I'm sure if after a month it sux I can move it because its a mile from my house if ur going to succeed in full line vending you need to understand how to go after midsize and large accounts which already have vending. its not a process where you slam dunk them you need to finesse the accounts. it requires multiple follow ups, and sometimes a proposal. they say they have vending the question to ask is if you are satisfied with your current vendor is the equipment clean and working, are there service problems (infrequent service, long periods of down time, ignoring requests), is the current vendor providing adequate commissions? is the current vendor providing adequate pricing. in some cases lowering the pricing on just a few items can get you the account. also consider that you may be able to change commissions to an incentive, get creative maybe the employees would rather have a bbq party or pizza party once a quarter instead of this commissions this way you can offer them lower prices . there is also healthy vending but that is controversial. u would be surprised how many vendors dont treat their accounts well especially the smaller mid-size accts that may not be the best moneymaker for a big vendor, they are prime targets for someone in your position. speaking of commissions always remember you ADD the commission to your prices. that is to say if they want 10% commission you take your normal price of an item (what you sell it for w/out commission) and add 10% on top. remember commission is a tax the company puts on its employees and visitors it does NOT come from your bottom line i would suggest reading RJT's book on vending or steve woodbine's book if you are serious about doing vending as a full time job. Link to comment Share on other sites More sharing options...
TKK Posted June 29, 2012 Author Share Posted June 29, 2012 Great advise I do ask if they are happy with their vendors. I just hate having these huge machines sitting when I have a decent place making very good money. Dog cow how do you get locations Link to comment Share on other sites More sharing options...
dogcow Posted June 29, 2012 Share Posted June 29, 2012 Great advise I do ask if they are happy with their vendors. I just hate having these huge machines sitting when I have a decent place making very good money. Dog cow how do you get locations see above Link to comment Share on other sites More sharing options...
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