Dear vendors,
I have always just given my clients a good portion of product to make them happy but i never did the exact calculations on how much i made per bag of candy or toys. Well i did the math and just thought i would share my figures with my fellow vendors who may have not of done/realized these calcs.
The calc's are based upon the bags that i get from Sams's and toys from A&A
Reese pieces there are 1240 grams per bag and my handfuls contain 17 grams per handful once you divide the 17 grams into the 1240 that equals
72 quarters, or 18.00 per bag. Now if i purchase 50 bags of reeses per trip and each trip costs me 10.00 in gasoline thats .20 per bag added onto the cost = 17.80 per bag. Now for the fun part, the candy itself is 6.83 per bag + the .44 sales tax here in illinois leaves the profit of $10.53 profit per bag X the 50 bags
= $526.50 profit per 50 bags of reeses
Peanut m&ms with a handful of 10 equals 22 grams of candy now divide that by the 1587 grams that are in a bag = again 72 quarters
or 18.00 - .20 per bag gasoline on a figure of 50 bags. = 17.80 - 7.88 per bag at sams = 9.92 -.44 sales tax = $9.48 profit per bag X 50 bags equals $474 profit per 50 bags.
1.1 toys there are 3250 capsules which shipped to me with 4 displays = 94.87. now there are 3250 capsule or 13 bags meaning each capsule costs .03 cents total off of the 3250 capsules i make 812.50 per 13 bags of capsules
Just some food for thought.
any imput?
Shawn
I did the math on my profit margins for Peanut m&m, reeses and 1.1 toys. see the profit.
Started by westlakevending, Jun 09 2007 08:26 PM
3 replies to this topic
#1
Posted 09 June 2007 - 08:26 PM
#2
Posted 11 October 2007 - 01:12 AM
wow nice job on that.is doing the conversion to metric standard in vending?
#3
Posted 11 October 2007 - 10:58 PM
so you buy around a 2.5-3lb bag of candy at at time?
why not buy the large 39lb bag's available?
Im kinda half asleep, and cant figure up in my head right now, but I'de imagine the profite margin would be considerably higher
why not buy the large 39lb bag's available?
Im kinda half asleep, and cant figure up in my head right now, but I'de imagine the profite margin would be considerably higher
#4
Posted 12 October 2007 - 08:50 AM
In oklahoma, sales tax is exempt for businesses, but my annual stickers cost $15.00 for a 2-3 head. Guess it evens out.
David
David











