Boazcat Posted March 25, 2011 Share Posted March 25, 2011 Route for sale includes hospital that will be an hour and a half drive. Too far? Anybody willing to drive that far for a big stop? Michael Link to comment Share on other sites More sharing options...
NinnJinn Posted March 25, 2011 Share Posted March 25, 2011 I'm still new IMO, If you are the sole vendor of the hospital and it is decent size, I would go for it. but be aware, that you will need to keep them extremely happy! they probably get at least 5 different vending inquires a year, probably more. Most likely, that would be your "Honey Hole" or as some would call it, your "gravy location" so to speak. Link to comment Share on other sites More sharing options...
Boazcat Posted March 25, 2011 Author Share Posted March 25, 2011 I just googled it... 50 bed hospital. It's a rural location so there can't be too many vendors asking about it. Link to comment Share on other sites More sharing options...
mission vending Posted March 25, 2011 Share Posted March 25, 2011 Route for sale includes hospital that will be an hour and a half drive. Too far? Anybody willing to drive that far for a big stop? Michael I would not do it. These kinds of accounts tend to become very consuming. With service time at the location you are looking at a commitment of 4-5 hours per service. Link to comment Share on other sites More sharing options...
NinnJinn Posted March 25, 2011 Share Posted March 25, 2011 I just googled it... 50 bed hospital. It's a rural location so there can't be too many vendors asking about it. Ahhh, Its a small one. Can I change my mind and say "Pass"? I love it when mission gets me on a mathematical thinking craze!!!! I am taking my area fuel prices for example. Lets say you find a vehicle to carry all of your product that gets 20mpg ( I know, I'm probably dreaming.) You pay 10% of gross on commission. And you have to fill it 1x a week. Lets say you do an avg of $20/day in sales for the month................. $600 50% of that goes for the cost of goods that you sold.......................... $300 Fuel @ $3.60/gal It will take 8gal for 1round trip x 4 trips a month.... $115.20 Lets not forget about the Hospitals 10% of gross cut which is ..........$60 After the above is figured it comes to $124.80/month net profit. Plus you are still attempting to get your ROI. What if the day after you leave, 1? 2? or even 3 of your machines goes down? You are going to have to spend another $28.80 in fuel to get the machine/machines back up and running plus whatever the parts cost plus your time. Even if you did $30/day after the above, you would bring in $245.60 net profit/month, and you have to think about wear and tear on the vehicle, how much your time is worth etc. Wow! Thanks for perking me up so early in the morning Mission! Now I am exhausted and ready to go back to bed from all this brainstorming. Link to comment Share on other sites More sharing options...
Boazcat Posted March 25, 2011 Author Share Posted March 25, 2011 I'm going to pass on it. I may make an offer for the other locations and let that one go. Thanks for the great insight! Michael Link to comment Share on other sites More sharing options...
mission vending Posted March 25, 2011 Share Posted March 25, 2011 Wow! Thanks for perking me up so early in the morning Mission! Now I am exhausted and ready to go back to bed from all this brainstorming. If you didn't stay up all night reading posts you wouldn't be so tired. LOL Good analysis. Link to comment Share on other sites More sharing options...
NinnJinn Posted March 26, 2011 Share Posted March 26, 2011 If you didn't stay up all night reading posts you wouldn't be so tired. LOL Its not my fault!!! Steve is to blame for all this.... Link to comment Share on other sites More sharing options...
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