RikaKazak Posted October 2, 2013 Share Posted October 2, 2013 So I've tried to locate malls before, and I've gotten as far as talking with the decision maker (who was going to "think" it over) lol, of course we know how that ended up. However, I got a solid in with a local mall now (old high school buddy has a spot at the mall and is friend's with the decision maker). My problem is, I have NO idea what a typical mall contract is like. Do they do % commission? (that's the only way I've done cotton candy so far) or do they make you sign a lease? Just a flat monthly rent? Do they make you do a minimum of x months? x years? I have NO idea. I would prefer to know what's "standard" before I sit down and talk with the DM so I sound a little more knowledgeable. Especially since I'm 29 and pass for 22-24 a lot of the time. I've found "knowing my stuff" (more like pretending I know my stuff, lol) really help overcomes my young looks. Thanks in advance to anyone who can shed some light on this issue for me Link to comment Share on other sites More sharing options...
havending Posted October 2, 2013 Share Posted October 2, 2013 Malls will require a flat rent and will give you a sales break point. If you go over the break your rent will go up. Most vending lease are a year. Most will require meters Link to comment Share on other sites More sharing options...
RikaKazak Posted October 2, 2013 Author Share Posted October 2, 2013 Malls will require a flat rent and will give you a sales break point. If you go over the break your rent will go up. Most vending lease are a year. Most will require meters Thank you SO much for this post havending. Is the internal meter enough to satisfy the "meter" requirement? And if so, how do you account for "test" vends? (after every cleaning I test vend 1 cotton candy to make sure no sensors got bumped out of line during the cleaning etc.) Link to comment Share on other sites More sharing options...
treadmill Posted October 2, 2013 Share Posted October 2, 2013 I would think you would have to stipulate that in the contract (so many test vends per service cycle). Link to comment Share on other sites More sharing options...
vendamania Posted October 3, 2013 Share Posted October 3, 2013 Don't mention anything about meters. That's just another headache. Most malls don't talk that language... I have never heard of one that does. Just stick with talking about rent or better yet just commission if you can get away with it. Link to comment Share on other sites More sharing options...
havending Posted October 3, 2013 Share Posted October 3, 2013 Don't mention anything about meters. That's just another headache. Most malls don't talk that language... I have never heard of one that does. Just stick with talking about rent or better yet just commission if you can get away with it. Depends on mall I guess we have Simon and CBL contracts and the both use the meter language. Small independent malls may not Link to comment Share on other sites More sharing options...
vendamania Posted October 3, 2013 Share Posted October 3, 2013 I have been in both CBL and Simon and have never been asked about meters. Link to comment Share on other sites More sharing options...
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