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What's a good percentage offer for laundry Matt Crane Machine?


Twinkie94

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I'm going to talk to an owner of a local laundry Matt, they get a decent bit of traffic on a daily, and it's close to home. This will be my first machine placement and I plan to get my Plush at approximately a dollar each. Two questions, what would be a good percentage to offer to the owner of profit for letting me place the machine there? And what should I see payout wise? (How much should I make approx per Plush?)

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I have mine on 20% commission and run my cost of goods at a maximum of 30% (so a $1 item needs about $3 through the machine per payout). I know of franchise operators working on 25 up to 35% commission and lower payouts. I pitch that a lower commission allows me to run a higher payout ratio, which gets more repeat customers (and onlookers wanting to also try their luck). 

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