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re: Anyone own vending machines?
Posted on 10/16/23 at 12:47 pm to pioneerbasketball
Posted on 10/16/23 at 12:47 pm to pioneerbasketball
quote:
When pricing vending machines to buy is there a guideline/rule that you use?
Example: 4k vending machine should make how much in sales? Basically, im asking if theres a price point formula?
It is whatever price point you are comfortable with. Price of the machine iteself should not be used to dictate what the machine will make. The most important thing is where it is located and what the foot traffic is. You can spend $8k on a vending machine and it be in a sucky location and not make a dime. You can spend $2k on a good used machine and make $1k a week.
Posted on 10/17/23 at 2:49 am to Hawgeye
I know you touched on it earlier.
In a perfect world, the business wont charge you rent/commission. How much should one ask for if I can't get that?
Flat rate and/or % of profit.
Thanks.
In a perfect world, the business wont charge you rent/commission. How much should one ask for if I can't get that?
Flat rate and/or % of profit.
Thanks.
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