AmuseStar Vending Co Posted December 20, 2007 Share Posted December 20, 2007 Well, it has happend, Folz Vending, will be gone as soon as Friday. Folz keep saying, "we had". http://www.newsday.com/business/ny-bzmain5506906dec19,0,2505152.story Kyle Link to comment Share on other sites More sharing options...
caserri Posted December 20, 2007 Share Posted December 20, 2007 Great find Kyle, Thanks. The man turned $600 into a $55,000,000.00 business! All I can say is, wow! Steve Link to comment Share on other sites More sharing options...
AmuseStar Vending Co Posted December 20, 2007 Author Share Posted December 20, 2007 I find that amazing also. You do have to understand, he did that because the had something no one else did at the time. He was vending toys, that was unheard of at the time. That is how he got the locations he did, by doing something NO ONE ELSE DID. I am looking for something no one else does, but I'm not having much luck. Your welcome Steve! Kyle Link to comment Share on other sites More sharing options...
T BIRD Posted December 20, 2007 Share Posted December 20, 2007 Yep.........his home office is 5 minutes from my house. Its an amazing story. Link to comment Share on other sites More sharing options...
AmuseStar Vending Co Posted December 20, 2007 Author Share Posted December 20, 2007 Really? I have still yet to find out what will happen to the 14,000 machines on location, and the thousnads of locations they have. Walk to Folz, and find out of us Johnny! Link to comment Share on other sites More sharing options...
Smiley Posted December 20, 2007 Share Posted December 20, 2007 The article is is somewhat deceptive. Folz Vending is not going out of business. They sold out a while ago and kept Folz's old headquarters as a regional office/warehouse etc... This article is about this building no longer being used for these purposes. The machines on location are still Folz/Coinstar machines. Link to comment Share on other sites More sharing options...
T BIRD Posted December 20, 2007 Share Posted December 20, 2007 The article is is somewhat deceptive. Folz Vending is not going out of business. They sold out a while ago and kept Folz's old headquarters as a regional office/warehouse etc... This article is about this building no longer being used for these purposes. The machines on location are still Folz/Coinstar machines. I may actually try to get inside if they let me. Would love to take a couple of pics. Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted December 20, 2007 Share Posted December 20, 2007 Johnny, Are you getting all their locations in Oceanside? Gary Link to comment Share on other sites More sharing options...
T BIRD Posted December 20, 2007 Share Posted December 20, 2007 ROFL........I wish Gary. Link to comment Share on other sites More sharing options...
CraigMc Posted December 21, 2007 Share Posted December 21, 2007 The wife and I had the pleasure of meeting Roger this year at BOSS. Let me tell you the man is very aproachable and extremely knowledgeable about the vending business. With the death of one of his sons, there was no heir apparent for the Folz business. That is what prompted him most to sell. I'm sure that with the recent actions of Coinstar he regrets his decision. Roger is a genuine and loveable man that eats, drinks, and breathes this business. If it wasn't for him we would all be straddled with sales taxes. Think about that one for a minute. To give you an example of his oppenness, he distributed a sheet at the show that outlined his revenue for each year in business. How many business owners do you know that would do that ? I don't think he did this to brag about his accomplishments but rather to show what can be done if one is eager to make their mark. One has to remember that he alone is the most successfull bulk vendor of all time. In 1949 when he started Foz Vending with 600 dollars that was a gret sum of money. He risked it all on a dream and venture. Selling nuts for 5 cents a hand full. Imagine that ! That short fat old man is worth more per pound than gold ! And the highlight of our meeting was seeing my wife walk arm in arm with him discussing the two dollar bill ! Priceless ! Craig Link to comment Share on other sites More sharing options...
T BIRD Posted December 22, 2007 Share Posted December 22, 2007 Thanks for posting that! I really should try and get to see him at his office over here. Link to comment Share on other sites More sharing options...
CraigMc Posted December 22, 2007 Share Posted December 22, 2007 Trust me. It would be well worth your time and effort. Wonderfull man with some very fasinating stories. Craig Link to comment Share on other sites More sharing options...
T BIRD Posted December 22, 2007 Share Posted December 22, 2007 Craig........I just e mailed him and the company asking for a tour and a brief sit down with Roger. Link to comment Share on other sites More sharing options...
CraigMc Posted December 22, 2007 Share Posted December 22, 2007 Great ! It will be an experience you will not soon forget. It's like Nascar fans meeting Richard Petty, or boxing fans meeting George Forman. Anyway you get my meaning. To be sucessfull one must listen to others that have come before. Craig Link to comment Share on other sites More sharing options...
caserri Posted December 22, 2007 Share Posted December 22, 2007 Johnny, I hope you also invited him to VENDiscuss as well! Steve Link to comment Share on other sites More sharing options...
T BIRD Posted December 23, 2007 Share Posted December 23, 2007 I will Steve if I can get in to see him. Link to comment Share on other sites More sharing options...
caserri Posted December 23, 2007 Share Posted December 23, 2007 Tell him I don't have anything to offer but I will roll out the red carpet for just one post! Steve Link to comment Share on other sites More sharing options...
CraigMc Posted December 23, 2007 Share Posted December 23, 2007 It would be great if Mr. Folz would post something here. Believe me it was a great privelage for me to meet the man. Craig Link to comment Share on other sites More sharing options...
T BIRD Posted December 27, 2007 Share Posted December 27, 2007 Folz has not gotten back to me. There office and manufacturing building has signs on it for lease. Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted December 27, 2007 Share Posted December 27, 2007 There may be a lot of people trying to interview him. He has probably disappeared for awhile. Maybe you will have to try a few more e-mails. Hopefully, he will show up someplace else soon. Gary 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