T BIRD Posted April 5, 2008 Share Posted April 5, 2008 I started my business last November. I have 32 locations with another eight locations coming on board within the next 5 or 6 days. So that makes 40 locations. I work a full time job besides this vending business. I am finding myself a little bit behind coming into this week end in terms of pulling machines, changing product in some, and stuff like that. Its the first time this has happened. I am not complaining mind you. Its a good feeling that Deb and I have worked hard to create what we have going so far. The point is I have to begin to set up my routes in a more geographically organized manner. Thats the first thing. And I have to stop going to a location, pulling the quarters out of it, but not refilling it or changing the product if the need is there. That would help me immensely. Link to comment Share on other sites More sharing options...
AmuseStar Vending Co Posted April 5, 2008 Share Posted April 5, 2008 Gary, I wish you the best with BB Video. *MY PLANS* I am getting Verizon Wireless accounts. We have been given 5 Verizon stores so far, and going to place 1 more in a verizon today. We hope to get 50+ of these verizon wireless places. Singles/Doubles with Toys (each doing about $35-$75 a month). We are also doing buiness with a company called "DTC Wireless". We have 1 so far, and it does about $25 every 2 weeks with gumballs. We are getting lots of restaurants. I am no longer placing machines in these little cash loan places, and places like it. We are doing so good right now from getting rid of the "screwed" route, that contained little businesses that did .75 a month. Kyle Link to comment Share on other sites More sharing options...
schmedspub Posted April 5, 2008 Share Posted April 5, 2008 Great Idea, Start slow and build. I would suggest that you choose one type of machine and stick with them so you will have interchangible parts and be able to swap globes out as needed for cleaning. Uptheodds vending Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted April 5, 2008 Author Share Posted April 5, 2008 Kyle, Great job on the Verizon account. They will be great locations. They are always busy. It will be interesting to see what sells best in them. Gary Link to comment Share on other sites More sharing options...
AmuseStar Vending Co Posted April 5, 2008 Share Posted April 5, 2008 Thanks Gary. Pulled $12.50 from one today in 3 days. The other I had to bring a new display to made $2.51 in 1 and 1/2 days. Kyle Link to comment Share on other sites More sharing options...
Gwen Posted April 6, 2008 Share Posted April 6, 2008 I have 28 machines out and this week I service them. They are all triple heads and the average went from 15 per machine to 23 per machine. I'm very happy with the out come. Going slow but sure to accomplishing the goal of 40 machines. I started also in september 07. Att Gwen Link to comment Share on other sites More sharing options...
The Master Key Posted April 6, 2008 Share Posted April 6, 2008 Thanks Gary. Pulled $12.50 from one today in 3 days. The other I had to bring a new display to made $2.51 in 1 and 1/2 days. Kyle Kyle, that is from selling toys right? I would have never thought to even try a Verizon... Brian Link to comment Share on other sites More sharing options...
AmuseStar Vending Co Posted April 6, 2008 Share Posted April 6, 2008 Puzzle Balls, yes. The manager said people are always standing around looking for stuff to do, and when they see the puzzle balls, they buy one to pass the time. They asked if they could have a few of them so when things get slow, they will have something to do! Kyle Link to comment Share on other sites More sharing options...
gdono1001 Posted April 6, 2008 Share Posted April 6, 2008 How much do you sell the puzzle balls for? Where do you buy them from? I'm not sure if i missed this part, but how/who did you approach to place the machines? Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted April 6, 2008 Author Share Posted April 6, 2008 Since we are now in to the first quarter of 2008, it would be a good time to check your proposed 2008 business plans. Double check to see if you are meeting your personal goals and make adjustments if necessary. You may want to add or remove some of the goals you set back at the end of 2007. If you folks that listed your 2008 plans at the end of 2007 could post your accomplishments so far this year it would be a great asset to the new comers as well as the more experienced members. Gary Link to comment Share on other sites More sharing options...
Gwen Posted June 18, 2008 Share Posted June 18, 2008 An update on Building my Empire. I got 27 machines out Avg19 a month. Got one sitting. Bought 25 today. I have over pass the goal of 40 machines in one year. Got 53 if they keep the avg. I will be happy. Gwen Link to comment Share on other sites More sharing options...
West Coast Vend LLC Posted June 19, 2008 Author Share Posted June 19, 2008 Wow? Gwen. That really is an empire you have built. Are you getting all those accounts yourself or with the help of a locator? The reason I ask is, if you are getting them yourself, you should be in the placement contest going on for June. Gary Link to comment Share on other sites More sharing options...
T BIRD Posted June 19, 2008 Share Posted June 19, 2008 Thats very impressive Gwen! Link to comment Share on other sites More sharing options...
Gwen Posted June 19, 2008 Share Posted June 19, 2008 I use a locator firstchoice. I located my first 4 machines not very good at it. So far I haven't had any problem with my locator. I got my best machine at a crakel barrel breakroom from them it usually does 80 to 100 a month. Gwen Link to comment Share on other sites More sharing options...
T BIRD Posted June 20, 2008 Share Posted June 20, 2008 Gwen......that Cracker Barrel location is da bomb diggity sista!!! Great performer!! In terms of my empire, I am at 41 machines out there making money, 3 more machines to go out there within a week, and then another 8 machines in storage to be placed. Link to comment Share on other sites More sharing options...
Gwen Posted June 20, 2008 Share Posted June 20, 2008 Thats great!! How long you been in vending? How long it take you to get to 41? I like to compare note with does with a similar route. See if am doing like expected or if i need to move things around. Looking for great Ideas... Right now seens am growing faster than expected I'm looking into Liability Insurance just wanted to know if any one in this forum had any sujestion and What is a reasonable payment for that? Gwen Link to comment Share on other sites More sharing options...
sweetgypsy Posted June 21, 2008 Share Posted June 21, 2008 I may be overly cautious but liability insurance was one of my first purchases. It cost $240 for the year with $1,000,000 liability and medical expenses. The cost of doing business I figure. I didn't really shop around, you might get cheaper. Congratulations on your new machines and placements. Looks like you and I are on a similar growth plan. Beth Link to comment Share on other sites More sharing options...
g_r_vending Posted June 22, 2008 Share Posted June 22, 2008 Being new to this fourm I wanted to let you all know were I stand. Me and a partner started out in March 2008. We now have 2 full size combo machines and 16 Bulk machines on location. Working out a deal with a local vendor to buy his 74 locations with U turn Terminators, would jump me up to 90 locations. My goal was 100 but might have to make that 150. Great info about Blockbuster and Verizon, will have to try thoes as well as my Bank Thanks Gary Link to comment Share on other sites More sharing options...
T BIRD Posted June 22, 2008 Share Posted June 22, 2008 Thats great!! How long you been in vending? How long it take you to get to 41? I like to compare note with does with a similar route. See if am doing like expected or if i need to move things around. Looking for great Ideas... Right now seens am growing faster than expected I'm looking into Liability Insurance just wanted to know if any one in this forum had any sujestion and What is a reasonable payment for that? Gwen I started in November. Took me 6 months. Link to comment Share on other sites More sharing options...
dperry Posted June 23, 2008 Share Posted June 23, 2008 Thats great!! How long you been in vending? How long it take you to get to 41? I like to compare note with does with a similar route. See if am doing like expected or if i need to move things around. Looking for great Ideas... Gwen, I am at about 40 right now. I would be higher but I had some losses from theft and vandalizm. I started in Dec 05 so it's been about 2 1/2 years for me to get this far. I started with a $500 credit card and made some bad purchases in the beginning so I was only able to start with 2 machines. I found some funds with another CC and was up to 8 machines. I stayed there until I got a $1500 loan from Prosper that took me to about 30 machines. I sold off my triple and retired my SSF machines, so I lost ground there. Then I got another $1000 loan from family, and that got me to 39. I have purchesed 5 more machines since then but I've also lost 3 machines from theft, so I'm up to a total of 41 machines. I know that incurring debt to capitolize this business is not everybody's goal, but I'm finding that I don't have any spare change to grow the business. I have only the income from the business, and loans as ways for me to grow. So, if I want to grow fast, I need to get loans. If I want to grow slow, I use the income from the biz to finance the growth. Right now I'm on the slow growth plan. But if I don't lose any more machines, I'm able to grow about 2-3 machines a month. I hope to grow by 5-6 machines a month by the end of the year. Link to comment Share on other sites More sharing options...
Gwen Posted June 23, 2008 Share Posted June 23, 2008 Sounds about right. I started with credit card and This last machines were the only ones I bought with little more than half from the businees and about 500 from my own personal money. I think I will stay with 53 for a while and payoff according to my calculations in one year. All my business debt. I started sept 07. with 4 machines off ebay. All are 1800 vending I wanted to stick with one brand to get the hands on it first. So far it has worked for me. Do you have any liability insurance? Gwen Link to comment Share on other sites More sharing options...
Jay-Son Vending Posted June 24, 2008 Share Posted June 24, 2008 Gwen, And all others..I would be interested in the # of you who caryy liability insurance..AND why you carry it..What is the concern... As for growing(pains)...I am quite new to this...I started in April 2008..I started with 16 machines direct purchase from the factory(8-select eliminator u turns) They are all placed (even my wifes living room version) and I will collect from all but 1 this Thursday or Friday..I will post in the revenue section. I have begun to acquire 4 select u turns as I like the design as compared to the basic three head machines...I have one more eliminator coming from e-bay purchase and a total of 4---4 select that should be here via e-bay by July 4th... These should be placed by July 15th which will bring me to 20. I originally set my goals to get to 100 machines as the monthly income from these would pay my mortgage and most of my quarterly retirement payment... I wanted to get there within the the end of 2008. I am now in the decision mode of piecing together routes from other vendors to add to my package..this should allow me to reach my goal...THEN I will need to decide wether I want to go whole hog into this full time or stick to the part time version... Link to comment Share on other sites More sharing options...
Gwen Posted June 24, 2008 Share Posted June 24, 2008 I don't have any at this moment but I'm looking into it. I believe is more protection of your property and in case kids accidentally knock a machine and hurt them self then it would pay medical bill. Maybe other have a better explanation. I will like to know what others have to say on this.... Gwen Link to comment Share on other sites More sharing options...
Jay-Son Vending Posted June 24, 2008 Share Posted June 24, 2008 Gwen, I posted a "new Topic" in the bulk vending forum on Liability insurancxe...Lets see what we get for answers... Link to comment Share on other sites More sharing options...
g_r_vending Posted June 24, 2008 Share Posted June 24, 2008 This was the first thing I got, just feel its better safe than sorry, god forbib if any child ever got hurt or choked on a piece of your candy. Luckly I have a close friend in the Insurance business and had no problem getting approved. Link to comment Share on other sites More sharing options...
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