In the world of vending locating people should be very particular how they are spending their money. Sure the prospect of having someone find you a location always sounds appealing but at the end of the day you have to turn a profit and your location.
You are the vending operator who had to fork out the money to but your vending machines and one thing to remember is that you need to pay off your investment as quickly as possible.
So when looking at getting a locator to find you a location you need to know a few things.
Below is some information that a student asked me about profitable locations.
How many employees do you need in a company to make it a successful pop machine business?
Okay, pop machines are great. How many employees? I mean it is hard to tell, because when I look at a company, there are a few things that I look at.
First I look at how many employees work at company? Also I am looking for walk through traffic is at the location. Also are there truckers coming in to drop off and pick up products? Do they have access to these machines? There are a few things that you have to look at.
A base number that I think would be a good start with would be 30 - 40 employees. I mean, it is hard to say. I have had places where I set up a machine with 25 employees, just one machine. I tested the location out to see how things would go for a few months. I have had locations where I have pulled out nothing. I go in one week and there is like $10 sitting there.
On the other hand, it just depends, because I have had locations where I have pulled out a lot of money, where I am selling 1,2, 3, 4,5, 6, sometimes even 7 cases of pop a week, with only 25 employees. It only takes a couple of people that are really hooked on this stuff that want to buy it.
I would say for a single pop machine, 30 minimum. Then move up to like even 40 or 50. That is good for pop. Once you start getting into 60, 70, 80 employees, then they are going to start wanting snack machines as well.
My suggestion ultimately for finding good locations is using the system that I use. For more information about how to not use Vending Locators then check out my website www.MyVendingSecret.com today and get my Free Vending Report.
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