My can vending machine, a Vendo 510 "live display" has successfully paid itself off in a years time, still charging only .50 for cans.
I really want to purchase a good, low maintenance, used snack machine. I want to know the good and bad about specific brands/models, and if it is possible to purchase such a machine for under $1200.
I paid $1200 (shipping included) for my soda machine, trying to keep the same numbers. I would think a candy/snack machine would make more money - selling items that cost around .30 for upwards of .75 - does this sound right?
Thanks for the help!
1 reply to this topic
#2
HooseFoose
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Advanced Member
Posted 29 July 2008 - 12:54 PM
Vol Vending,
Don't sell yourself too short on your candy prices. Everything is going up with the rise in fuel costs. I charge $.75 for my sodas. Currently my Chips are $.75 and candies are $.85. All pastries are $1.00. I am beginning to think that even those prices are too low. I am now seeing other vendors and convenience stores that are selling regular size candy bars for $.99. That still might be on the edge, but prices are definetly going that way. It actually is hard to make money on candies right now, even at $.85. I buy they for about $.40-.45 and then minus 10% for commission and 8.25% for sales tax, I effectively make about $.15 per candy. Make sure to take into account all your costs.
You will also want to ensure that your candy machine takes both $1's and $5's. People carry change much less frequently than they used to. Accepting fives will definetly increase sales. If your used machine doesn't take $5's then, look into get a bill acceptor that does right away.
Sincerely,
~HooseFoose~
Don't sell yourself too short on your candy prices. Everything is going up with the rise in fuel costs. I charge $.75 for my sodas. Currently my Chips are $.75 and candies are $.85. All pastries are $1.00. I am beginning to think that even those prices are too low. I am now seeing other vendors and convenience stores that are selling regular size candy bars for $.99. That still might be on the edge, but prices are definetly going that way. It actually is hard to make money on candies right now, even at $.85. I buy they for about $.40-.45 and then minus 10% for commission and 8.25% for sales tax, I effectively make about $.15 per candy. Make sure to take into account all your costs.
You will also want to ensure that your candy machine takes both $1's and $5's. People carry change much less frequently than they used to. Accepting fives will definetly increase sales. If your used machine doesn't take $5's then, look into get a bill acceptor that does right away.
Sincerely,
~HooseFoose~
