Hello everybody.
Wife and I are looking seriously into this and need some expert advice.
We have been talking to Advanced Vending out of Conway ARK. The package is similar to others we have seen mentioned here... 10 combo machines and locations for 30k. They go further and state that we should make, off these 10 machines, 60k + in the first year. The proposal also guarantees the locations are as good as advertised and that we will recoup our investment within 6 months or we will be refunded the difference.
My market research indicates that we'd make about half the profit margin this company implies we can. They are willing to gurantee our income and 100% ROI within 6 months but we have to fax them monthly financials each month for the guarantee to be valid. Is this their way of getting us to price the product out of the market and voiding their guarantee because we did not follow their advice ? We are completely fine with the financials I have projected but also want to feel a bit more comfortable before we invest.
Has anybody heard of Advanced Vending ? What about On-Site Locators out of Idaho ? This industry seems like a great long-term prospect for us but we obviously want to be careful right away. I know there are cheaper ways to get started but I am ok over-paying for a start-up if they can truly back-up their promises. I'd love to hear what you think and thank you in advance.
JCook74
Member Since 15 Apr 2008Offline Last Active May 28 2008 08:33 PM


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