wheresthejelly Posted January 6, 2014 Share Posted January 6, 2014 Looking for data on time spent servicing your routes. Specifically, I'm interested in bulk candy (Skittles, Chicle's, peanut M&Ms, etc) and 1" products (gumballs and toys). I just bought 5 machines a couple weeks ago (Vendesign and Uturn). I recently met up with a pro in my area over lunch and learned a lot. I won't say who it is for privacy reasons. I want to restate something here that he told me, and I feel this is very critical to success. He warned me that bulk vending is not passive income. You cannot sit idly by waiting for your machines to produce cash, neglecting maintenance, poorly cleaning, or worst of all: not actively locating your unused machines. You must work at this business to be successful at it. To me, this feels like the right mindset. However, I want to get a numeric feel for exactly how much work is done to maintain a large amount of machines. I estimate that the average professional spends their average month like this: - 8 hours a month finding locations (door-to-door, telephone) - 20 hours a month servicing machines (driving, refilling/clean/maintain machines) - 12 hours a month doing back-office tasks (accounting, inventory, spreadsheets, etc) So that's 40 hours a month. If this professional has 50 machines, this would mean 48 minutes per machine per month. That is not bad at all. I love to work, and I would happily work hard for 10 hours a week doing this. This would provide a side income and free me up to work on my other businesses (stock trading and real estate) and also enjoy some leisure time. Your time spent will likely be different from this estimate depending on how many machines you own, your efficiency, the economy, and many other factors. I'd like to hear from professional (incorporated LLC and/or more than 25 machines) or almost-professional (more than 10 machines) bulk candy vendors who sell candy and 1" products. Could you list these numbers please? - Average time spent per month or week working on anything in the business and also the categories of the work (locating, servicing, back-office, other). - Number of locations and machines. - Number of routes and number machines per route. - Other interesting or relevant numbers or stats you have. Thanks! Link to comment Share on other sites More sharing options...
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