Apartment complex

[Willow Valley Vending]

I recently had a request to put a machine in an apartment complex laundromat. I currently dont have any apartments or hotels. Im thinking just a soda machine and maybe a bulk candy. So Im asking for some advice as far as a proposal to the owners. Obviously free is best but this not an option here. Where should I start with commission? Should I install for a year and then evaluate commission? Commission on just soda and not bulk? How do you guys handle similar scenarios? Thank you, Jonathan

 

 

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[lacanteen]

If this is not a new complex, ask yourself "why no existing machine". Our solution for this is always BOM (Bottler Owned Machine). Commissions? Only if it does $100 per week or better.

[AZVendor]

There may be no machine due to low usage in a small complex or, more likely, vandalism.  With apartments it's not if, but when vandalism occurs to your machine.  The bulk machine will just disappear.  And don't think that a locked door or camera will save you.

[Southeast Treats]

Look at the size of the complex and the type of tenant they attract... lots of kids or complexes aimed at young adults usually means good drink sales.  I have one complex that is all college students, the machine is really busy and about 70% credit card sales.  Look at how well kept the overall complex is as well.  I am not sure I would like to be in the laundry room, if it is too isolated it might no be secure enough.  I would focus on drinks, and would only offer the complex about 5% commission IF they average a minimum sales amount each month.  Be sure to mark up your prices to cover the commission...

[QuikVend]

I have an apartment complex that does really well. It is specifically designed for the elderly and disabled though and the building needs a key to access the building. Account does about $90/week with very little chance of vandalism.