4 replies to this topic

[the25vendguy]

I am brand new to the vending machine business, and have found this site to be the absolute best source for information available!!

In reading the post on tracking profits it seems to me that many people over think this and/or make it too complicated.

some people even subtract the amount of gas they use to service their route. I don't think anyone subtracts the amount of gas they use driving back and forth to their day job from their salary,

It is simple economics.

Lets say you have $1200.00 what can you do wit it:

1) put it under your mattress = 0 ROI
2) Put it in a savings account = 0.09% ROI
3) put it in a mutual fund = Potentially 5% ROI but that fluctuates and you have to be in it for the long haul
4)Buy something you want, but don't need = your money is gone and you have something you eventually will never use and can't sell
5) etc, etc, etc

OR

6) You buy 8 or 10 bulk vending machines = you get a monthly 10% ROI IN CASH, you can grow your business and add more machines. Also, you can always sell the USED machines eventually. Sure, if you put the $1200.00 in a mutual fund your initial investment does not devalue as fast, but their is inflation and the dollar devalues


It is really that simple. sure it is work, but it should be fun to you.


Anyone else want to chime in on this??

[Eduardo]

Good topic... I plan on fitting into the 6th option.

[Steve Pixley]

I am also new to vending business and you have given a great information on ROI. This post is really helpful for me. Thanks!

[dogcow]

I am brand new to the vending machine business, and have found this site to be the absolute best source for information available!!

In reading the post on tracking profits it seems to me that many people over think this and/or make it too complicated.

some people even subtract the amount of gas they use to service their route. I don't think anyone subtracts the amount of gas they use driving back and forth to their day job from their salary,

It is simple economics.

Lets say you have $1200.00 what can you do wit it:

1) put it under your mattress = 0 ROI
2) Put it in a savings account = 0.09% ROI
3) put it in a mutual fund = Potentially 5% ROI but that fluctuates and you have to be in it for the long haul
4)Buy something you want, but don't need = your money is gone and you have something you eventually will never use and can't sell
5) etc, etc, etc

OR

6) You buy 8 or 10 bulk vending machines = you get a monthly 10% ROI IN CASH, you can grow your business and add more machines. Also, you can always sell the USED machines eventually. Sure, if you put the $1200.00 in a mutual fund your initial investment does not devalue as fast, but their is inflation and the dollar devalues


It is really that simple. sure it is work, but it should be fun to you.


Anyone else want to chime in on this??

of course u have to factor gas, do you not count the cost of the product either?
return on investment is calculated after costs. a job is a job not an investment

[Steve Pixley]

I just wanted to know the ways by which we can reduce cost of our operations and increase ROI to very much extent. I don't think that any magical tip is there in the market but still we can explore for it. Tool Vending machines are great boon for manufacturing companies as it makes a difference in their ROI but what about other vending machines ?