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I have found a guy that is breaking up his route. He wants to sell some of his machines in their current locations.
He says they average is about $40 per month and wants to sell each for $200 per location. Because I don't have enough money to buy all of them, he is willing to sell one at a time. I am just wondering how you figure how much a location is worth.
If the profit is about $40 per month and he sell for $200, it would take me approximately 5 months before I break even. Is that an average amount of time, or is the price to steep?
Any additional info regarding the ROI in the vending business would be greatly appreciated.
Thanks.
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