tedk Posted October 5, 2010 Share Posted October 5, 2010 You might want to reconsider setting the machine to make change. I had a machine in a school right beside a foosball table owned by the school. That one machine took two rolls of quarters every two days. The kids fed them all into the table. When I changed the coin mech to one that made change in $1.00 coins the sales went up by about 1-2% (probably because it didn't run out of change) and the coin box had, on average, $40.00 - $50.00 in quarters alone per week as opposed to none. (Just goes to show how much money went to foosball :'() If you are close to an apartment, I think more of your quarters will be fed into the laundramat than into your can machine. Right now you have three machines, you are excited with your new venture, and you don't mind running over there every day, but at some point you will be much busier and the novelty will wear off. Just my two cents Ted Link to comment Share on other sites More sharing options...
antoniocinisi Posted October 6, 2010 Share Posted October 6, 2010 I agree with ted.once that money is in the machine it should be yours. Link to comment Share on other sites More sharing options...
NinnJinn Posted October 6, 2010 Author Share Posted October 6, 2010 I will definately keep an eye on it, if it gets to the point to where I am having to go to the bank to get/buy quarters, I will set it back to a "non change" machine so they will get their dollar back instead of my 4 quarters. Thanks for the tip guys! Link to comment Share on other sites More sharing options...
NinnJinn Posted December 2, 2010 Author Share Posted December 2, 2010 Well, now that most of the followers have probably lost interest, I'm back. lol For October, after having my two new bottle machines for a full month, The one at "Haysville" really concerned me. After cost of product sold and location rent. I was in the hole by $8.60! But, Since I don't know what the full potential of an outdoor machine is, I have committed to leave the machine there until at least mid summer. If sales are still low, then I will see about moving it. As for the "goo" It was much better and had a net profit of $56.80 after COGS and location rent. The can machine had a profit of $188 after COGS and rent for the month!!!!!!!!!!!!!!!!!!! woo hoo!!!! So over all for the month of October NinnJinn Vending made a net profit of $236.20 With the initial investment in product and purchase of machines, I am slowly climbing my way out of the red overall. -$363.80 I started October -600 Link to comment Share on other sites More sharing options...
NinnJinn Posted December 2, 2010 Author Share Posted December 2, 2010 For got to enter the stats... "Haysville" Coke 7 CF Diet 12 Cherry Coke 5 Sprite 2 Barq's RB 2 Mello Yello 8 Fanta Orange 6 Water 5 --------------------------------- Total Vends 69 Daily AVG 2.2 The Goo Coke 11 CF Diet 4 Cherry Coke 29 Sprite 11 Barq's RB 4 Mello Yello 3 Fanta Orange 9 Water 12 --------------------------------- Total Vends 83 Daily AVG 2.7 Can Machine Pepsi 80 Coke 40 Mt. Dew 176 Dr. Pepper 36 Cherry Coke 36 --------------------------------- Total Vends 368 Daily AVG 11.8 Link to comment Share on other sites More sharing options...
LynnA Posted August 10, 2011 Share Posted August 10, 2011 I'm new here and really enjoy reading your posts. Kind of lets me know what to expect. Link to comment Share on other sites More sharing options...
JMS Vending Posted December 1, 2012 Share Posted December 1, 2012 Great to follow your progress. I hope the new machines work out to be profitable locations. Link to comment Share on other sites More sharing options...
thekobun Posted February 20, 2013 Share Posted February 20, 2013 Love reading about your progress. The flea market is an awesome spot. You can even check out the flea market and there might be vending related stuff to scour! Link to comment Share on other sites More sharing options...
Djstorman Posted April 29, 2013 Share Posted April 29, 2013 Thanks for the information. How is everything going with your route lately? Link to comment Share on other sites More sharing options...
mission vending Posted April 29, 2013 Share Posted April 29, 2013 Thanks for the information. How is everything going with your route lately? Sorry to inform you but NinnJinn is no longer in the business : http://vendiscuss.net/index.php?/topic/9661-ninnjinn-vending-is-now-closed/ Link to comment Share on other sites More sharing options...
spdydre Posted May 2, 2013 Share Posted May 2, 2013 Oh man cant believe Ninn Jinn closed wow! Yeah im a bit obsessed with vending so this is why I stay single for now haha. Ive seen a lot of vendors go down and out of business here due to this same issue. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.