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$6K for bulk candy kiosk


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#1 cash flow

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Posted 24 February 2010 - 09:46 AM

I received a quote from a Co. that manufactures customized kiosks for bulk candy. The quote was for $6K. This seems ridiculously high. Keep in mind that these units would be used in large high-traffic malls. The customer volumes would be very attractive, but I can't see how you justify $6K for a kiosk. Am I crazy? Please advise.

Thanks.

#2 minivend

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Posted 24 February 2010 - 02:28 PM

I use and manufacture bulk vending kiosks.. I have them in sports arenas and they can generate extremely high revenue numbers!! Does the $6000.00 include the kiosk and equipment? If so, what type of equipment? check out my website http://www.michiganminivend.com Click on the Sweet Spot Kiosk for more info.

#3 cash flow

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Posted 25 February 2010 - 02:10 PM

I use and manufacture bulk vending kiosks.. I have them in sports arenas and they can generate extremely high revenue numbers!! Does the $6000.00 include the kiosk and equipment? If so, what type of equipment? check out my website http://www.michiganminivend.com Click on the Sweet Spot Kiosk for more info.



The quote includes the kiosks and the machines (Beaver).

Help me out in terms of the economics.....Can you justify a $6K machine for bulk candy?

#4 minivend

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Posted 25 February 2010 - 06:22 PM

Help me out...how many machines are on the Kiosk? Yes, a 6K investment into a kiosk is well worth the investment. Certain types of locations can push over $2000 a month in revenue if you have the RIGHT Kiosk with the RIGHT amount of equipment on it in the RIGHT location. Other factors to consider are: correct commission structure, correct product mix, and knowing your cost of goods per vend.

#5 cash flow

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Posted 26 February 2010 - 10:14 AM

Help me out...how many machines are on the Kiosk? Yes, a 6K investment into a kiosk is well worth the investment. Certain types of locations can push over $2000 a month in revenue if you have the RIGHT Kiosk with the RIGHT amount of equipment on it in the RIGHT location. Other factors to consider are: correct commission structure, correct product mix, and knowing your cost of goods per vend.



Thanks! Good stuff The machines vary from 12-24. These are multi-tiered "tabletop" setups. Lets say 14 machines on average for one of these kiosks. Is $6K reasonable? How on earth do you get $2K/month. Ok for a sporting venue I can see - 30,000+ fans in a captivie facility for a few times a month is huge. But, can this price be justified in a mall?

Thanks!!!!