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HVendTrends

Member Since 11 Mar 2012
Offline Last Active May 09 2012 01:44 AM
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Posts I've Made

In Topic: Looking to buy snack vending route in DC Metro region + advice on buying route~

03 April 2012 - 12:56 AM

Hey RJT,

I wanted to respond to your comment above about my review of an opportunity to buy an existing snack vending route in current operation in my area. The deal would be a separate section of the business owner's regional vending route so he would continue in business operating his remaining regional route business while I have purchased a separate sub-route in a separate geographic region. I would be making a down payment on the price that is based off of 2011 net revenues and the general snack machines being transferred that are currently being operated on the locations. Since I don't have storage available starting out after buying his route, he would be making available a separate section of his warehouse space for me to use for a transitional period at no additional cost. This deal would include 40% of the price seller-financed. The owner seems to be a nice guy to work with and has been quite responsive so he seems to make a good mentor after having grown his business over many years in my area. Hence, there would be infrastructure in place and even an employee I could call on and pay hourly when I need help in the transitional phase after taking over this route. With seller financing spread over a period of 4 years, do you think I should have a provision in the sale agreement that if I am not able to continue the operation of this route business that I am not liable for the unpaid balance of the seller-financed Note?

Thanks again for your valued input!

In Topic: Looking to buy snack vending route in DC Metro region + advice on buying route~

02 April 2012 - 02:13 AM

Hello Gentlemen,

The constructive comments above are very much appreciated. I believe I did comment to RJT previously and with my other posts that I appreciate your comments. My apologies if I didn't provide more timely acknowledgment of your constructive comments. To be sure, I have no vested interest in healthy snack vending as this was the entry point into evaluating getting into the vending business. I am now entertaining buying a general snack vending route from an experienced snack vending business owner where I would buy a piece of his larger general snack route and operate off his existing warehouse and systems. Seems like a good entry into this business and it follows many of your comments. I would then diversify with healthy snack offerings according to the preferences and requests of the locations, and I would come up with the more popular healthy snack choices to accompany the general snack items that have been selling. How's that strategy? Follows our advice doesn't it?

Thanks again for the constructive comments and advice!

In Topic: Looking to buy snack vending route in DC Metro region + advice on buying route~

30 March 2012 - 12:29 AM

To Vend1ng:

I'm thinking seriously of entering into the vending business which is why I have joined this forum and have asked serious-minded questions. If you can't offer constructive and thoughtful responses, you really shouldn't bother giving antagonistic statements that serve no good purpose and only bring down the quality of the exchanges from responsible postings. Your statements above are irrational mumbo jumbo and useless. How's that for your 2x4 approach?

In Topic: Looking to buy snack vending route in DC Metro region + advice on buying route~

27 March 2012 - 11:35 PM

Hey Guys,

As I am new to this "professional" forum, I am a bit surprised with the abrasive and somewhat antagonistic tone in these posted replies to my inquiry about acquiring an existing GENERAL snack vending route above. Firstly, it seems to me that the purpose of this kind of forum is to post questions, comments and advice to further understanding about this industry and issues about vending. So, when I have been contemplating a particulary business opportunity for healthy snack vending, it seems entirely appropriate to post a question and request for feedback. Some of the feedback has been quite helpful and constructive and I as I am further evaluating what direction to take, the constructive comments are appreciated and I am taking a second look at healthy versus general snack vending as reflected with my post above. The reply above that I am wasting people's time is bogus, gratuitous and unnecessary. If you think I'm wasting your time then don't bother offering your gratuitous comments. I have no "vested interest" in healthy snack vending, I simply posed the question for feedback which it would appear is the purpose of this forum.

Second, my posting above clearly invites interest and conversation about my new interest in buying an existing GENERAL snack vending route, which if you cared to look at the posting, is expressing an interest in general as opposed to exclusively healthy snack vending. In addition to inviting possible offerings for an existing route (based on the general advice provided), I also invite advice on how to formulate pricing for my purchase of an existing general snack vending route.

I hope this clears up the confusion and gratuitous responses. I'm not interested in wasting anyone's time so please don't waste anymore of mine.

Constructive advice on my posting above and two questions posed are welcome.

Thank you!

In Topic: Requesting feedback about HUMAN healthy vending business opportunity~

26 March 2012 - 07:28 PM

Thanks very much for your thoughtful input about my question for HUMAN healthy snack vending opportunity! Your comments are very instructive and insightful.

Thanks again!