re: Anyone own vending machines?

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Hawgeye is the man. Hopefully he responds

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Thanks, and I just wanted to try and help as much as I could.

Did you end up setting anything up with suppliers or are you doing Sams Club/Costco?

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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?

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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.

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n a perfect world, the business wont charge you rent/commission. How much should one ask for if I can't get that?

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I wouldn't say anything about it to the business, let the business say something to you about it. There are some very informative videos on youtube regarding vending machines and owning them. I watched this one to get a lot of great information, YouTube.

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How much should one ask for if I can't get that?

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Dont ask. Just be quiet. If they bring it up, negotiate on what they feel like the starting point should be.

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Flat rate and/or % of profit.

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Never a flat rate. Always a very small percentage.

I was thinking about this thread the other day. Curious as well

On a side note. Ever thought about storage units as locations? I just moved some stuff into one and I would have killed for a drink and snack after.

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Routinely emptying them to collect a bunch of cash in high traffic areas

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Au contraire.... best locations are remote and away from populated areas - but still on one way in/one way out State Roads. Galliano, LA (LA 1) is an excellent example. Buras, LA (LA 23) is another.