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Posted on 1/1/23 at 7:46 pm to GAFF
quote:
This thread has captivated me. How many machines do you think it’d take make a worthwhile profit? Given they are all in good location.
I have 84 machines. Bought a warehouse during Covid. Warehouse also has two store fronts on it that I lease to a nail salon and hair salon. I use that monthly income to pay utilities on building. So my numbers may be a bit different, considering my vending doesn’t pay utilities.
My 84 machines do around $25-$30k in gross sales a month. November and December will run around $35k. I spend about 18% on labor. 50% or so goes back into product. I pay myself 20% on most months. That’s usually around $6500 or so. I put $500 a week into my emergency repair stash that I do not include in my weekly numbers(sorry IRS). So if I didn’t care about spending my own money for repairs, I could make a bit more.
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