123tony456 Posted July 2, 2009 Share Posted July 2, 2009 Hi: New to the Site & New to The Industry How Does anyone Pass on An ALL Cash Business. Does Anyone Know How Profitable a Few DVD Machines $1.00 Daily Rentals and The Best Way To Get Into The Market. Link to comment Share on other sites More sharing options...
G-man422 Posted July 2, 2009 Share Posted July 2, 2009 It has been talked about a little bit. The machines are pretty pricey new, not to mention you will have monthly fees to accept credit cards, repair DVDs etc. Link to comment Share on other sites More sharing options...
mxer518 Posted July 4, 2009 Share Posted July 4, 2009 I can't say it will never happen but you are looking to tackle a task that is nearly impossible. all of the machines you are seeing out there are made by the same people that make coin star machines and they are all under national contracts that can not be penetrated. Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted July 4, 2009 Share Posted July 4, 2009 Don't give up to quickly on the DVD business. It is true that CoinStar is locking down those big chain accounts with their machines. Just like vending machines, there are always those independents that would do very well with DVD machines. I would check on prices first. Check on the cost of the equipment, stock (DVD's), credit card links, commission required, etc. Once you have all that, start looking for locations that are not near a video store. CoinStar is doing alright with their DVD machines but not setting the world on fire. They have invested millions of dollars on equipment and their return is not great. Here's a link that you can check out. http://www.hanna-vending.com/hanna24dvd.htm My source of financial facts come from the magazine; Vending Times. Gary Link to comment Share on other sites More sharing options...
tooldini Posted July 4, 2009 Share Posted July 4, 2009 Our local Redbox is constantly busy at Walgreen. To get a redbox you need a business with at least 1500 weekly customers. Redbox is also owned by Mcdonalds so they are real hardballs. I bet someone could stil make some money with 1.00 DVD rentals if they had the cash to start I think most machines will run around 10K new plus all the other costs talked about Link to comment Share on other sites More sharing options...
statik27 Posted July 7, 2009 Share Posted July 7, 2009 Seems to me vending DVD's is vending the hard way. First the price of the machine is immense, then the price of product(movies). Loss of DVD's, credit card company hassles, god forbid the machine goes haywire and you have to fix something that resembles a NASA space project. Competition is more then tough, its the big boys, coinstar, macdonalds ect. No I think it's better off to start small, get a few gumball machines, sell a few pepsi's. In the long run I think you'll find it both more satisfying and profitable. But thats only my opinion. statik Link to comment Share on other sites More sharing options...
antoniocinisi Posted July 7, 2009 Share Posted July 7, 2009 they pay with a credit card.loss to theft is not an issue.after they have kept the movie for 3 weeks they have been charged $21 and they own it. Link to comment Share on other sites More sharing options...
BluePlate Posted August 29, 2009 Share Posted August 29, 2009 I just saw Blockbuster starter in the DVD vending. I think this si going to become bigger and bigger in the next few years. There might be a niche in smaller local markets and older movies Coinstar and Blockbuster do not want to do. CS/BB wouldn't touch a busy pizza shop. Imagine grabbing a movie while waiting for a pizza. One stop, no fuss. Link to comment Share on other sites More sharing options...
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