jpvending Posted February 28, 2013 Share Posted February 28, 2013 I know many people here do not like Vendstars...but personally I do. With that said, I picked up 32 machines plus extra parts (including the bag to carry extra canisters) with locks/keys for $600. For this month I went ahead and got a storage unit because I couldn't fit that many in my garage. I'd REALLY like to focus on getting them located though. After attempts at using LRU and Kickstart - I've decided maybe that route isn't my best option. I already work a full time job and a part time job - but may take a day off and see how many machines I can self locate in a day. My other thought is hiring someone off CL to locate but not sure how successful that'd be. Anyone else have suggestions on how to quickly get these turned around and out of storage? The positive news is that I didn't have to pay any money out of pocket to buy these. I used the profits from the first 6 months of business and reinvested it. Finally starting to see the monthly income increasing as I get more locations. Have 20 locations thus far. Link to comment Share on other sites More sharing options...
GagesVending Posted February 28, 2013 Share Posted February 28, 2013 For the price you paid, as long as they are in good shape, I think you did alright! I've given up on LRU, and Kickstart is too much money. Around here, my big competitor dominates most of the state, so self locating is really tough. I've tried it time and time again. I've got many from buy-outs, a few myself, and using locators. Follow up on any leads you may have acquired over time. I've sealed the deal on a couple I was going to give up on, just by making contact one more time. I've never tried the Craigslist idea. Depending on the competition in your area, it may not be that hard to place a couple/few a day. Make a goal for yourself. You may also want to try phone locating (cold calls) like what the locators do to generate leads. (Manager/owner's name, time of day they will be available and if they have any interest what-so-ever) Good luck! Let us know what happens! Link to comment Share on other sites More sharing options...
treadmill Posted February 28, 2013 Share Posted February 28, 2013 Congrats on the purchase of the 32 Vendstars to the family. That's fantastic that you reinvested your profits to buy more machines. Well I don't really know what to say about the locating problem you have but whatever you decide to do we'll all be here behind you pushing you along. I just sent you a PM. Link to comment Share on other sites More sharing options...
TKK Posted February 28, 2013 Share Posted February 28, 2013 Good luck! Vendstars are great starters but do upgrade good accounts. These missvend like crazy and jam and cardboard cut outs vend candy. Locate yourself. Did you say your 20 locations made $600 in 6 months? =$100 a month = $5 per machine? That's super bad. My average is or will soon be was $20 a month per location. Link to comment Share on other sites More sharing options...
jpvending Posted February 28, 2013 Author Share Posted February 28, 2013 TKK, the first few months I only had one or two machines....it's grown to 19 machines currently. So can't really figure them all into the mix when figuring the average from the start till now (6 months). I do have some really good locations ($40-50) and some really bad locations ($5-7). Last month it averaged about $20 per machine. Also, I've only had one location (thus far) figure out that you can use slugs in the Vendstar. That one will be getting changed out. Link to comment Share on other sites More sharing options...
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