chad Posted September 20, 2013 Share Posted September 20, 2013 http://york.craigslist.org/bfs/4071981054.html Its 2 USI 21 selection snack machines and a coinco soda machine on 2 locations. He says the locations each do about $100 a month. Hes an older guy and says he is just tired and ready to be done with it. I want to get my feet wet and get started into full line vending and this seems like a good way to start. Not a high startup cost and only 2 locations which will help me learn. I am seeing the machines on Tuesday Link to comment Share on other sites More sharing options...
moondog Posted September 20, 2013 Share Posted September 20, 2013 http://york.craigslist.org/bfs/4071981054.html Its 2 USI 21 selection snack machines and a coinco soda machine on 2 locations. He says the locations each do about $100 a month. Hes an older guy and says he is just tired and ready to be done with it. I want to get my feet wet and get started into full line vending and this seems like a good way to start. Not a high startup cost and only 2 locations which will help me learn. I am seeing the machines on Tuesday At a $100 a month each, you'll be tired and ready to be done with it too - shoot for something grossing at least $400 a month (per location) Link to comment Share on other sites More sharing options...
mission vending Posted September 20, 2013 Share Posted September 20, 2013 "Family owned vending co. for sale: includes 2 locations, 2 glass front snack machines, 1 wall mounted coinco soda machines. $2000.00 Will pay for itself in a couple of years. GREAT STARTER BUSINESS." You want to look for something that will generate a ROI in a year or less, these machines after you factor in the cost to service will be more along 3-4 years, at best. The coinco machine has been out of production since the mid 90's and the only parts you will get is finding other machines to use for parts. Other than that it looks good..... Link to comment Share on other sites More sharing options...
MidStateVending Posted September 21, 2013 Share Posted September 21, 2013 My formula: Gross sales divided by 2 (to get approx. net sales). Multiply by 10 months. If asking price exceeds this I either don't buy or negotiate. But I don't want to work more than 10 months to get my money back. With that said, i have a warehouse of big snack machines. I would love a small machine like that one to get through small doors. I still would not pay $2k. Maybe $700 at the most if I had a better location to move them too. Link to comment Share on other sites More sharing options...
AngryChris Posted September 21, 2013 Share Posted September 21, 2013 It wouldn't be a bad deal for $1,000. The snack machines have value because they are only 3-wide and can fit into spots that a lot of other machines cannot. However, parts can be expensive to replace. If he went close to $1,000 or even $1,200 for it all, I would consider it. Just keep in mind that a 3-select can machine is probably going to be best used for a vendor's man-cave, next to an old Rowe cold-food machine that has been retrofitted with a high-powered light and multi-colored panels to be used as a disco ball. Link to comment Share on other sites More sharing options...
AZVendor Posted September 21, 2013 Share Posted September 21, 2013 There is absolutely no value in the Coinco soda machines to a true vendor as they hold so little product and can't take bills. Only the snacks have value and with that long a return, the value is no more than $1000 with the plan to move the snack machines to some good locations. Link to comment Share on other sites More sharing options...
chad Posted September 21, 2013 Author Share Posted September 21, 2013 thanks for all the input guys. I will meet with him and try to see how low he will go Link to comment Share on other sites More sharing options...
moondog Posted September 21, 2013 Share Posted September 21, 2013 thanks for all the input guys. I will meet with him and try to see how low he will go This one's a "no go" Chad. Not sure if you caught our drift but Mission was just kidding when he said "Other than that it looks good." Link to comment Share on other sites More sharing options...
chad Posted September 21, 2013 Author Share Posted September 21, 2013 Haha yeah I caught his drift. But doesn't hurt to meet with the guy and see if he will cut his price in half . $1000 for 2 snack machines isn't bad, is it? Thanks for the input guys. Appreciate it Link to comment Share on other sites More sharing options...
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