jb5580 Posted November 7, 2010 Share Posted November 7, 2010 There is an ad on my local CL selling a 1drink/1snack location in an industrial area for $5000.00 firm. The seller states it grosses $1900 a month and needs servicing twice a week. Does this monthly gross sound very high or is this possible from only 2 machines? If these figures are true The location would pay for itself in 6 months if the net is 50% of gross, thats a pretty good turn around time to start making profit. Any thoughts from you full line guys on this one? heres the ad: http://norfolk.craigslist.org/bfs/2044752749.html Link to comment Share on other sites More sharing options...
Vending Gold LLC Posted November 7, 2010 Share Posted November 7, 2010 Make sure you can see it in person before purchasing (check out employees, customers, etc). See if he has any service records also and try to find out pricing on merchandise prior to buying. Chips for 65 cents is very low profit margin wise since they are usually between 40 and 50 cents each for a small bag Link to comment Share on other sites More sharing options...
mission vending Posted November 7, 2010 Share Posted November 7, 2010 If the income can be verified then I would consider it. By verification I mean bank records, commission checks or some documentation that cannot be created after you ask for it. Find out what brand of equipment it is, is there a contract in place, what are the prices on items being sold? Twice a week for that kind of revenue for two machines is acceptable. Link to comment Share on other sites More sharing options...
dogcow Posted November 7, 2010 Share Posted November 7, 2010 Make sure you can see it in person before purchasing (check out employees, customers, etc). See if he has any service records also and try to find out pricing on merchandise prior to buying. Chips for 65 cents is very low profit margin wise since they are usually between 40 and 50 cents each for a small bag where are u getting ur chips?! a 50ct lays variety pack from sams costs 10.20 making it about 20 cents a bag wise chips are about 17 cents a bag. Link to comment Share on other sites More sharing options...
Vending Gold LLC Posted November 7, 2010 Share Posted November 7, 2010 where are u getting ur chips?! a 50ct lays variety pack from sams costs 10.20 making it about 20 cents a bag wise chips are about 17 cents a bag. You might be right about the pricing. I might actually be thinking of the price of candy, lol. Link to comment Share on other sites More sharing options...
mission vending Posted November 7, 2010 Share Posted November 7, 2010 Either that or your thinking of the LSS size of chips, which are .36 -.38. Link to comment Share on other sites More sharing options...
dogcow Posted November 7, 2010 Share Posted November 7, 2010 Either that or your thinking of the LSS size of chips, which are .36 -.38. do the LSS sell better? Link to comment Share on other sites More sharing options...
mission vending Posted November 7, 2010 Share Posted November 7, 2010 do the LSS sell better? In terms of the number of units sold, not for me. I do sell the baked Lays products in LSS size at a number of locations simply because I they are not available in the 1 oz. size. The large multiple route companies have all almost gone to LSS exclusively, at least in my area, simply due to more profit per vend. I prefer to go with the 1oz size because I can still sell them for .50 and still do all right margin wise. In location where "healthy items" are part of the conversation then I pitch it as, " Your employees are going to bring it from home if its not in the machine so lets offer them those Cheetos in the smaller portions sizes." So far its worked out pretty good. Link to comment Share on other sites More sharing options...
dogcow Posted November 7, 2010 Share Posted November 7, 2010 In terms of the number of units sold, not for me. I do sell the baked Lays products in LSS size at a number of locations simply because I they are not available in the 1 oz. size. The large multiple route companies have all almost gone to LSS exclusively, at least in my area, simply due to more profit per vend. I prefer to go with the 1oz size because I can still sell them for .50 and still do all right margin wise. In location where "healthy items" are part of the conversation then I pitch it as, " Your employees are going to bring it from home if its not in the machine so lets offer them those Cheetos in the smaller portions sizes." So far its worked out pretty good. a little off topic but do you know if there is somewhere that sells sun chips in 1oz sizes either in a case or variety pack? all i can find in sams is LSS variety of sun chips and its not worth buying a lays variety pack just to get 10 bags of sun chips, i end up with too many unsold cheetos Link to comment Share on other sites More sharing options...
mission vending Posted November 7, 2010 Share Posted November 7, 2010 a little off topic but do you know if there is somewhere that sells sun chips in 1oz sizes either in a case or variety pack? all i can find in sams is LSS variety of sun chips and its not worth buying a lays variety pack just to get 10 bags of sun chips, i end up with too many unsold cheetos Afraid not. I get sunchips by the case at Vistar. Link to comment Share on other sites More sharing options...
jb5580 Posted November 7, 2010 Author Share Posted November 7, 2010 The guy deleted the ad from CL today before I could call, so either someone jumped on it or he changed his mind about selling. Oh well.. Link to comment Share on other sites More sharing options...
ANDERSONVENDING Posted November 8, 2010 Share Posted November 8, 2010 I get Sun chips in the 1 ounce size from merchant mart. John Link to comment Share on other sites More sharing options...
mission vending Posted November 8, 2010 Share Posted November 8, 2010 The guy deleted the ad from CL today before I could call, so either someone jumped on it or he changed his mind about selling. Oh well.. Just keep looking and be patient Link to comment Share on other sites More sharing options...
Vending Gold LLC Posted November 8, 2010 Share Posted November 8, 2010 I get Sun chips in the 1 ounce size from merchant mart. John I go there also but I am going to try Restaraunt Depot off of Atlantic Blvd in Pompano once I get a resale license (not open to the public). I have only had my combo machine in service for a month so haven't really been able to shop around to compare prices. Link to comment Share on other sites More sharing options...
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