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Instead of charity or commission: rental fee?


jb5580

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I have looked around the boards to see if this was brought up before, sorry if it already has. Is anyone approaching potential locations and offering a flat rate rent to place a machine in their business, such as $50.00 a year or something like that? I was thinking that a business owner might jump on that, especially if you paid them up front(with a contract agreement of course). $50.00 in their hand for pretty much doing nothing and then you can run your machine all year and keep the money. This would only work good if you were well exceeding the national average of $7.50 per head per month as $50.00 a year is $4.16 a month. This would not be good for dud locations. This just seems to me like an easier approach for me to offer a business owner than charity. It also seems like it would be easier than figuring a commission  amount and having to calculate the amount every month. It could go like this:

"Hello business owner my name is so and so, I run a bulk vending company and I was wondering, would you be interested in renting me that 2'X2' area over there to place my candy machine? I will pay you an up front $50.00 rental fee and then will provide fresh candy for your customers free of charge to you."   

What do you all think? 

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Yeah, I hear what your saying Antonio. But what I'm thinking is they weren't making any money at all for that 2'x2' area in the corner so why not make $50.00 for it? I don't think it would work very good for bulk machines if you went much above $50.00 unless you were very sure that it was going to be a smoking location( like West Coast Vends secret location :)). 

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Yes indeed, get it in writing!

Last year I placed 2 snack and two Vendo 511 bottle machines in a locally owned hotel/motel with 30 rooms for $100/month with  5 months in advanced right then and there.  I paid $125 to get the machines professionally moved into the location. First service I pulled in $220 some dollars Second week the machines were unplugged, The mgr said they didn't want them any more.  So I kindly asked for $400 worth of rent returned that I had paid him. Based on our agreement (was attempting to be nice and let him have a full month)

He leaned towards me and in a low voice said "prove the agreement" and then he walked off.

So lesson learned.  GET IT IN WRITING!

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Someone on here had done this in the past. I just can't remember who. I think it was either philo, dperry, or jimbo???

There was some discussion about it but I can't seem to find it now. Sometimes I feel like a mad shop keeper here. A customer comes in for something specific and I know I have it but my shop is such a mess that I cant seem to dig it up!  ;D

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also, where was this? i want to make sure that I or anyone I know, ( and we travel alot) stay at this D-bags motel........

Paid with Benjamins.  :rolleyes:  Lesson learned...    Not sure what it used to be, but reminded me of a national chain.,  they had the road sign covered up with a tarp and they were fixing it up.  staff wore Jeans and button up shirts.  It was on East Chicago St. in Coldwater, MI 

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Yes indeed, get it in writing!

Last year I placed 2 snack and two Vendo 511 bottle machines in a locally owned hotel/motel with 30 rooms for $100/month with  5 months in advanced right then and there.  I paid $125 to get the machines professionally moved into the location. First service I pulled in $220 some dollars Second week the machines were unplugged, The mgr said they didn't want them any more.  So I kindly asked for $400 worth of rent returned that I had paid him. Based on our agreement (was attempting to be nice and let him have a full month)

He leaned towards me and in a low voice said "prove the agreement" and then he walked off.

So lesson learned.  GET IT IN WRITING!

also dont just up and give a total stranger 500 bucks cash.if anything it should have been paid month to month imo.
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Yes, it should've been paid month to month. You can't trust people, and it was an expensive lesson. Rent is a bad idea, paying in advance is an even worse idea. No offense, but you're asking to get screwed. If the location is good, they will want more. If it is bad, it's on you.

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I am sorta thankful that I was forced to bring my 4yr old with me on the route that day.  Dunno what it is but when I have my children with me, I am able to keep my cool better, unless it would effect them.

As my wife put it when I told her that evening when she got home from work, "glad zoey was with you, other wise I would probably be down at the county jail right now bailing your a$$ out."

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If they are part of a large corporate chain, try to contact the head honchos, or somebody in the home office, and let them know what happened.  Also let them know you are not asking for the money back, just wanted to inform them they need to keep an eye on this person as if he will steal from a small businessman like you that you have no doubt he would be the type of person who would doctor his books.

It may not feel good not requesting the money back, but they will find you more sincere.  And if the manager loses his job over this, (fairly sure he kept the money for himself,) then he will have lost more in pay then what he made off of you.

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If they are part of a large corporate chain, try to contact the head honchos, or somebody in the home office, and let them know what happened.  Also let them know you are not asking for the money back, just wanted to inform them they need to keep an eye on this person as if he will steal from a small businessman like you that you have no doubt he would be the type of person who would doctor his books.

It may not feel good not requesting the money back, but they will find you more sincere.  And if the manager loses his job over this, (fairly sure he kept the money for himself,) then he will have lost more in pay then what he made off of you.

Very good points! 

The point I was trying to make about the motel was, around here national chains will build a motel,  if it does poorly, they will pretty much sell it to any John Doe that comes by and offers to buy it.  Then John Doe has high hopes and works on it constantly to try and improve the building, but more times than not it ultimately ends up going bankrupt.

But in reference to your post, if it was a national chain, I would have done just that.  After I had cooled down and gotten over the hostility of losing that much money, I would have started calling people higher up the ladder/ chain of command.  If anything, just to give them a heads up.  any action they took besides something against me,  Would have been bittersweet.

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I believe in something I call "Virtual Karma".  You do good, and good comes back to you.  You do bad, and bad comes back to you.  (Generally.)

The reason I call it "Virtual" though is because I am not giving any sort of religious or mystical meaning to it.  Instead it is more like if a person is a bad driver, they are more likely to be in an accident.  Very reality based, or cause and effect.

It is the same for people with big character flaws.  You go around screwing people, eventually you screw the wrong one.  The one who has already been bailed out of jail before.

In the short run these people seem successful, but they almost always get theirs in some way or another.

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