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15 New Accounts The Good The Bad The Ugly


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I just bought 15 accounts from a lance vendor who is retiring the price is right but I have a mess to deal with. The Good part of this business is two small truck lines a sheriff department a nursing home and three large office buildings. The drink machines are older Dixie Narcos cans machines and one 20 ounce bottle. The prices are good and the machines work well I had to replace two validators no problem. The Bad there are four elementary schools I am giving up all four do not gross 100 dollars a week and they are snack only and the snack machines are Toms  polyvend h22s. I have had to upgrade almost all snack machines the best he had were the lance USI 25 select. but since I have taken over the business the sales have went up almost 30 percent on the amount he said the business will do . The Ugly I had to take  the old machines he had in his warehouse. I am the proud owner of 24 polyvend h 22 snack machines.   

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5 minutes ago, Georgia bulldog said:

I just bought 15 accounts from a lance vendor who is retiring the price is right but I have a mess to deal with. The Good part of this business is two small truck lines a sheriff department a nursing home and three large office buildings. The drink machines are older Dixie Narcos cans machines and one 20 ounce bottle. The prices are good and the machines work well I had to replace two validators no problem. The Bad there are four elementary schools I am giving up all four do not gross 100 dollars a week and they are snack only and the snack machines are Toms  polyvend h22s. I have had to upgrade almost all snack machines the best he had were the lance USI 25 select. but since I have taken over the business the sales have went up almost 30 percent on the amount he said the business will do . The Ugly I had to take  the old machines he had in his warehouse. I am the proud owner of 24 polyvend h 22 snack machines.   

Lol.  Well... if the price was right and you're making money with it then good work!

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Based on the ancient machines he had you were smart to upgrade them all.  It's a good thing you already knew what good equipment was so you knew to do the upgrades.  I'm surprised you didn't get a 75 to 100 percent boost moving to real vending machines.  Now you have several loads of scrap to make some money off of as well.

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