Agapevending Posted September 14, 2009 Share Posted September 14, 2009 I'm trying to put machines in the small town I live in. But I'm having a tough time. The places I thought of that might be some hot locations . didn't pan out. I'm thinking about the bank but I'm not sure how that would go. Has any one every put one in a bank? Did it do well? Or should Link to comment Share on other sites More sharing options...
dsimms Posted September 14, 2009 Share Posted September 14, 2009 I'm trying to put machines in the small town I live in. But I'm having a tough time. The places I thought of that might be some hot locations . didn't pan out. I'm thinking about the bank but I'm not sure how that would go. Has any one every put one in a bank? Did it do well? Or should I just put one in a bank...will not check it for another 3-4 weeks. Link to comment Share on other sites More sharing options...
sbishop Posted September 14, 2009 Share Posted September 14, 2009 The bank of america i use had an anteres machine. I spoke with my contact and they were not happy with it. So, I replaced it with a 3 wide snack and a can satilite. When I bought my vendstars, I noticed the tripple near the front door. It always looked the same. 2 empty columns and a few chickle tabs in the middle. One day I walked in and it was gone. I put a vendstar in its place. It has gumballs(the only gumball wheel I have), PMM, and Cashews. IT did over $40 the first month. I plan to change out the cashews for skittles next time around Link to comment Share on other sites More sharing options...
Jax Snacks Posted September 14, 2009 Share Posted September 14, 2009 Banks can do well, but are very volatile. At some point a regional manager or corporate auditor will boot you. Also the merger/acquisitions of banks are usually bad for vendors. I had a chain of 9 bank branches at the old Washington Mutual and lost 8 of them in one week due to corporate auditors. At one one point I had about 12 branches in 3 different bank companies and have lost them all. I am not saying to not due banks, just expect a phone call some day to remove them. The best banks are the ones that attract families and Washington Mutual was always packed with hispanic families and they even had a play area for the kids! The machines did very well for many years and averaged $80 to $100 per month. It was a beautiful think while it lasted. On the other hand, banks that cater to retired people in established neighborhoods usually due poorly - but even those banks kicked me out! Jax Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now