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stpater

Member Since 05 Mar 2013
Offline Last Active Apr 02 2013 05:12 PM
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Topics I've Started

Reasonable single barrel gumball profits?

05 March 2013 - 05:50 PM

I am new to the vending business and looking to buy and place 200 machines, single barrel, 1" gumball machines. I live in Orange County, CA and we have a population of approximately 3 million people. There are many high foot traffic areas with thousand of people going through each day. I was told from a colleague of mine who used to be in the business 15 years ago that he would make anywhere from $5-$80 a machine per month. $80 were obviously his home runs. He would move a machine after 2 months if it was only making $5 and try to get it into at least the $20 - $40 range. Do these numbers sound about right?

Also, what is everyone opinions on locators? Does anyone have any recommendations. Is it better to self locate?

Any feedback is much appreciated.