Ok, I've got a few questions for everyone. First off, how many of you carry Liability Insurance? Do you have your companies incorporated? Pay income taxes on your profits?
I ask this because I just don't see much profitability in Bulk vending.
example- Rob has in his blog that he checked one location after 30 days or so and it had $35.00 in it.
Gross- $35.00=140 vends @ .25
Product Cost @ .05/vend = $7.00
Commission @ 30% on net = $8.40
Charity Contribution @ 5% = $1.40
Income Tax + or - $10.64
=$7.56 net
This doesn't include the following:
+ Locator fees
+ equipment costs
+ fuel / vehicle costs
+ insurance
+ city vending fees
+ your time
Am I missing something here? Please tell me how this is profitable large or small scale.
Thanks for your time.
ToddMiller
Member Since 28 Mar 2007Offline Last Active Apr 07 2009 01:20 PM


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