mizugori Posted June 8, 2010 Share Posted June 8, 2010 What commission do you usually pay a location for full-line machines (specifically a beverage machine such as a dixie naco that vends plastic bottles) ? Do you pay off gross or profit? Link to comment Share on other sites More sharing options...
mxer518 Posted June 8, 2010 Share Posted June 8, 2010 10% adjusted gross is a good place to start Link to comment Share on other sites More sharing options...
mizugori Posted June 8, 2010 Author Share Posted June 8, 2010 What is 'adjusted' gross? Link to comment Share on other sites More sharing options...
Profits Posted June 8, 2010 Share Posted June 8, 2010 What is 'adjusted' gross? Adjusted gross according to the IRS is the measure of one's assumed tax liability. Adjusted gross in this case would be the percentage paid after deducting product cost. Link to comment Share on other sites More sharing options...
mizugori Posted June 8, 2010 Author Share Posted June 8, 2010 Just to be clear, you mean suppose you sold 200 bottles of soda in a month, and you paid 50 cents per bottle but sell them at $2.00, your gross would be $400 but your 'adjusted gross' would be 300? ($400 minus the $100 you paid for those 200 bottles) So you would pay the location 30 dollars? Link to comment Share on other sites More sharing options...
Profits Posted June 8, 2010 Share Posted June 8, 2010 Yes. Link to comment Share on other sites More sharing options...
ANDERSONVENDING Posted June 8, 2010 Share Posted June 8, 2010 I pay 25% on profit.After sales tax. John Link to comment Share on other sites More sharing options...
Profits Posted June 8, 2010 Share Posted June 8, 2010 I pay 25% on profit.After sales tax. John Profit meaning after product, gas, employee wages, warehouse rent, machine depreciation, cell phone bills, etc? Or only after product cost and sales tax? Link to comment Share on other sites More sharing options...
mission vending Posted June 8, 2010 Share Posted June 8, 2010 My standard offer, if I can't talk them out of wanting commission in the first place, is 10% after deducting sales tax. Link to comment Share on other sites More sharing options...
mxer518 Posted June 8, 2010 Share Posted June 8, 2010 when I say adjusted gross I am referring to 10% after sales tax. Link to comment Share on other sites More sharing options...
qualityvs Posted June 10, 2010 Share Posted June 10, 2010 I do 10% after sales tax. Link to comment Share on other sites More sharing options...
ANDERSONVENDING Posted June 10, 2010 Share Posted June 10, 2010 On the 3 accounts that want commission I am paying 25%after cost and sales tax.The rest of my accounts are no commission. John Link to comment Share on other sites More sharing options...
mxer518 Posted June 10, 2010 Share Posted June 10, 2010 that works to, but its a lot of work and book keeping to do anything based on net, plus in my experience the accounts always think you are putting the screw to them on this method. Link to comment Share on other sites More sharing options...
coinvestor Posted June 10, 2010 Share Posted June 10, 2010 that works to, but its a lot of work and book keeping to do anything based on net, plus in my experience the accounts always think you are putting the screw to them on this method. Well said MXER! Link to comment Share on other sites More sharing options...
WillisNYC Posted June 16, 2010 Share Posted June 16, 2010 I have two accounts that get 25% of 'net'. Net being defined as 50% of gross less sales tax. Comes out to around 10% of gross and yes it is a pain in the neck to figure out every time I go to them. Those were were my very first two accounts. Since then I have made 10% of gross as my standard offer. Some of my outside service stations get 15% of gross. I also have a hotel that gets 30% of gross on drinks and 20% on snacks. They do a lot of volume but I have smaller accounts with little or no commission that make more money than this one. One car dealership gets 15% and the other gets nothing. One high school gets 10% and an adult school gets 5%. One nursing home gets 10% and another gets 15%. Basically the numbers are all over the place and they are all negotiable. Link to comment Share on other sites More sharing options...
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