re: Anyone own vending machines?

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TheOcean

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Sorry Ocean...did not see this. Thank Pioneer for getting my attention on Arkansas board...

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Quick update: ended up buying six more routes and 13 more machines. So up to 21 machines. The guy I bought the previous route from saved his best six routes after he downsized from 100+ machines and is now just looking to retire. Getting an awesome deal on the machines/routes.

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That is awesome.

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Hawgeye -- how do you go about pricing items? We want to be significantly cheaper than convenience stores, but high enough price wise where we're making ~$1 per vend.

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You wont like my answer to this if you are trying to be cheaper than convenience stores...but I use convenience stores as my price setter...I end up being cheaper because there is no tax charge obviously.

On items I dont like to just look up on the Quick Trip app, like some pastries or cold food items, I always charge 2.5 times or 3 times my cost. You need to make more than $1 per vend. Not sure what kind of deal you have worked out on Coke products, but I can get a case of Coke products (20oz. bottles) for about $23 which comes out to around $0.98 per bottle. I sell those for $2.75 each. Pepsi products are stupid high. They suck really for vendors. I sell those for $3 because their cost per bottle is around $1.22 for me. I limit my pepsi purchases to Pepsi, Mt Dew and diets in those as well, that is it.