edward Posted March 16, 2020 Share Posted March 16, 2020 4 hours ago, AngryChris said: I'm cutting back on pastries Me too. Link to comment Share on other sites More sharing options...
TKK Posted March 17, 2020 Share Posted March 17, 2020 I have 80% in schools, spring break our sales drop $60,000 in 2 weeks. They just extended 2 weeks off so thats $120,000 lost in revenue. I dont know what to offer my employees as theres no work. Are you guys still paying your employees their normal wages or are you guys suspending them temporarily? Does anyone know how we are supposed to get some relief in our business? Link to comment Share on other sites More sharing options...
gumball guy Posted March 17, 2020 Share Posted March 17, 2020 5 minutes ago, TKK said: I have 80% in schools, spring break our sales drop $60,000 in 2 weeks. They just extended 2 weeks off so thats $120,000 lost in revenue. I dont know what to offer my employees as theres no work. Are you guys still paying your employees their normal wages or are you guys suspending them temporarily? Does anyone know how we are supposed to get some relief in our business? I know the US Small Business Administration is giving low interest loans but I haven't read all the stipulations. Here is a link. https://www.sba.gov/disaster-assistance/coronavirus-covid-19 Not sure if unemployment benefits can be used but it is another possible avenue. I only have one full time employee and I am paying him during this situation. I am prepared to do that for up to 3 months but after that I will need to make some tough decisions. Link to comment Share on other sites More sharing options...
flintflash Posted March 17, 2020 Share Posted March 17, 2020 5 hours ago, TKK said: I dont know what to offer my employees as theres no work. Are you guys still paying your employees their normal wages or are you guys suspending them temporarily? I believe that some of the small businesses are "laying off" employees so that they can receive unemployment during this time. I know in Michigan, this will not be counted against the employer (counted toward a business's mod number for unemployment tax), so for small businesses that are shutting down for the virus, they are able to do this for their employees. Link to comment Share on other sites More sharing options...
Southeast Treats Posted March 17, 2020 Share Posted March 17, 2020 Once you catch up on side work there is not much to do. The small bit of good news for the school accounts is they will probably extend the school year in most places to make up some of the lost days.... but that does not help now. Link to comment Share on other sites More sharing options...
TKK Posted March 18, 2020 Share Posted March 18, 2020 Yeah thats what im thinking they should be extending the school days hopefully. I will cover them a whole month but after that i think they should see if the govt helps them. Link to comment Share on other sites More sharing options...
BlindVending Posted March 21, 2020 Share Posted March 21, 2020 I am virtually out of business. (In toronto, canada) 98% of all stops are not open/can't get in. 75% of all due billable invoices are unpaid and nobody at customers locations to cut my cheque. Devastated to say the least. Link to comment Share on other sites More sharing options...
dwc31015 Posted March 21, 2020 Share Posted March 21, 2020 So sorry to hear that. It’s happening to me too and the larger the company, the worse. I think it’s going to be much worse. What’s to do after? If you go under there will be no jobs either. Link to comment Share on other sites More sharing options...
Snickers Posted March 21, 2020 Share Posted March 21, 2020 We are skipping Vistar order altogether this week for the 1st time ever. Places are closing up around here. Question is are they closing for 2-3 weeks and then coming back? I don’t think things going to be too much better for several months. Link to comment Share on other sites More sharing options...
Chard Posted March 22, 2020 Share Posted March 22, 2020 We got word this week of a number of clients closing indefinitely. They will reevaluate in a month. I expect many more to follow. Not sure if we're even going to attempt hospitals and nursing facilities this week. Link to comment Share on other sites More sharing options...
lacanteen Posted March 22, 2020 Share Posted March 22, 2020 All of our hospital accounts are good with what we are doing. Nursing homes are all different. Some have barred us from entry, others have asked us to move the equipment near service entrances. Grocery retail is up, all other retail is down. All schools, state, local, and private are closed, and most aren't letting us enter to remove dated product. Our work week will be cut to 4 days to conserve fuel and reduce contact. There's a lesson here for all of us. Don't let a single account be more than 10% of your total business. Don't let a single segment be more than 30% of your total business. I have a friend that is 95% high school and lower. He is screwed for sure. 1 Link to comment Share on other sites More sharing options...
Georgia bulldog Posted March 22, 2020 Share Posted March 22, 2020 I have 2 nursing homes both will not let me service my machines I tried to go Thur the back door at one of the nursing homes a very mean lady caught me and chewed me out all the way out the door. I have one truck line and a tire distribution center blocked me from coming in overall sales are slowing down. The good part is gas prices are less 2 dollars a gallon and the weather is turning warm this is when my business really gets going but the biggest thing is I like having a little more time home with my wife but if I have to watch one more crime show I am going to start back drinking and I don’t mean RC colas. 1 Link to comment Share on other sites More sharing options...
BlindVending Posted March 22, 2020 Share Posted March 22, 2020 On the bright side. My laundromats are up in sales. People are washing more than ever 1 Link to comment Share on other sites More sharing options...
Southeast Treats Posted March 23, 2020 Share Posted March 23, 2020 Two of my biggest accounts were still open as of last week but things change daily. We are going to make our regular routes this week and see what we find, cutting back warehouse inventory as much as I dare and trying to hold onto cash. I feel like we went from rational reaction to over the top pretty fast, and I think we will see things start to reverse in a week or two... Link to comment Share on other sites More sharing options...
BlindVending Posted March 23, 2020 Share Posted March 23, 2020 I hope you are right but I think the reversal may be a bit longer than a week or two. Crossing fingers Link to comment Share on other sites More sharing options...
Corvus Corax Posted March 23, 2020 Share Posted March 23, 2020 I have a senior apartments complex still does very good. I gave them some advice that I thinks helps everywhere. I told there guard to get a infra-red no touch thermometer. Scan visitors, if they have a high temp or fever, they dont come in. When they come in they immediately go to a hand wash station. They have a kitchenette next to the lobby so no problem. Also 2 5 gallon buckets, a threaded spigot, 2 milk crates a roll of paper towels and you got a wash station for like $20 to $30. Link to comment Share on other sites More sharing options...
dwc31015 Posted March 23, 2020 Share Posted March 23, 2020 I have three apartment complexes like that. They closed the rooms off where my vending is at. I have three other locations that are closed due to this rule of noth gathering in groups of 10 or more. This is too much too fast. I will have to consider bankruptcy options. Link to comment Share on other sites More sharing options...
lacanteen Posted March 23, 2020 Share Posted March 23, 2020 Our governor issued shelter in place orders effective 5PM today. Our pick line only ran 42% of normal capacity today. Luckily, our hospital, refinery, and petro-chem business is still functioning well. Link to comment Share on other sites More sharing options...
dwc31015 Posted March 23, 2020 Share Posted March 23, 2020 Are they considering you an essential business? Link to comment Share on other sites More sharing options...
lacanteen Posted March 23, 2020 Share Posted March 23, 2020 Yes, since we are providing food and beverage service to essential businesses. Some of our hourly employees may be affected soon. We are trying to balance the pain. Link to comment Share on other sites More sharing options...
tblake05 Posted March 23, 2020 Share Posted March 23, 2020 Has anyone been able to get Ice Mountain 20oz bottled water from Sam's lately? Every time I go in there, they're out. Will need it soon at a couple locations. Link to comment Share on other sites More sharing options...
AngryChris Posted March 23, 2020 Share Posted March 23, 2020 On Friday, based on telemetry data, I estimated I'm down 23%. Now that a stay-at-home order has been put into place, I'm guessing I'll be down closer to 35%. I have so many small ($50-$100/week) accounts out there that are intertwined with essential businesses that I think I'll make it okay over the next 2 weeks. As long as the country doesn't somehow go into a civil war, I'll probably recover quite well by May at the latest if I had to guess. I'm happy with how I seem to be compared to what I'm hearing from everyone else. 1 Link to comment Share on other sites More sharing options...
TKK Posted March 24, 2020 Share Posted March 24, 2020 I am down 90%. Its been like this for 3 weeks. Losing about 25k a week in sales. Had to temp lay off employees. Im gonna catch up with accounting and finish watching contagion lol. Anyone know about the small business loans? I was gonna apply but it asks how much you have lost. And i dont wanna ask for a loan if this keeps getting worse. I havent ordered or paid vistar either. Link to comment Share on other sites More sharing options...
Chard Posted March 26, 2020 Share Posted March 26, 2020 I'm getting concerned about spoilage and the expense of restocking. it seems like this new environment will last for quite some time so when we're finally allowed back in all the product will be out of date and need to be disposed of. It's going to take several weeks to catch up. Link to comment Share on other sites More sharing options...
putrevus Posted March 26, 2020 Author Share Posted March 26, 2020 On 3/22/2020 at 8:14 PM, Southeast Treats said: Two of my biggest accounts were still open as of last week but things change daily. We are going to make our regular routes this week and see what we find, cutting back warehouse inventory as much as I dare and trying to hold onto cash. I feel like we went from rational reaction to over the top pretty fast, and I think we will see things start to reverse in a week or two... Are we hurting ourselves (health wise) by servicing these accounts which are open , this is not going away anytime soon.Unless people are forced to stay away from everything this is not going to stop. The worst is yet to come. Link to comment Share on other sites More sharing options...
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