Want to Get Rich Quick?
Beware!!!
Vending Made Easy
Vending can be an enjoyable profession, but it
is *NOT* a method for quick profits. It takes
time to build up a profitable vending route, no
matter what type of product you wish to sell
through vending machines.
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There are some companies that publish wonderful-looking profit charts. Perhaps you have seen some of them. They go
something like this:
If you sell just ten gum balls a day at a location, you will make a profit of $2.00 per day! If you had just twenty locations like that, you would be earning a PROFIT of over $14,000 in a
year! And all it takes is just a few hours a month to work this small route. If you had fifty locations like that,
you would be earning a PROFIT of over $35,000 in a year!
All well and good, except that the
overwhelmingly vast majority of locations will not do anywhere near that many sales per day. I can tell you by experience that you could reasonably expect to receive a GROSS PROFIT of about $7,000 in a year with fifty bulk
candy machines. From that gross
profit, you still have to take out your business expenses, such as gas and other travel expenses, bookkeeping and other office expenses, and upkeep on your machines.
Don't believe me?
Check out other web sites (below) for more info.
The Question is:
Why do companies want to publish such outrageous claims?
And the Answer is:
They want to be able to charge more than their machines are worth. They want to convince you that with
THEIR machines, you can get rich quick. With THEIR machines, you will sell more candy than anyone else. And because of all of this, of course, THEIR machines are worth three or four times what other machines cost.
Check out these web sites for more info:
My own personal experience, in a question and answer format.
National Bulk Vendor's Association (NBVA)
National Automatic Vending Association (NAMA)
Toy 'N Joy -- A bulk vending company
The Hanna Company
-- Sells all kinds of venders
Directory of Better Business Bureaus
Federal Trade Commission -- For
background info on Biz-Op and Franchises
The information, comments and opinions are those of the author (
© 2002