Can anyone advise me of the profits condom machines usually take/ whether they are worth doing thanks.
Phil
Condom Machines
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- Coin Op Group Grand Master
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Re: Condom Machines
crap and not worth it at all
Ade
Ade
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Re: Condom Machines
Thanks Ade
Athort they might be.
Phil
Athort they might be.
Phil
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- Coin Op Group Veteren
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Re: Condom Machines
Ade,,just remind me how many condom machines you have mate
- FlintVending
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Re: Condom Machines
Condoms maybe a slow seller but margins are good and there is other stuff which sells much better in washroom.
Dave is the the guy who can show you what works and what to avoid. Some others may jump to conclusions but have no real experience as they have only tried a few sites!
Dave is the the guy who can show you what works and what to avoid. Some others may jump to conclusions but have no real experience as they have only tried a few sites!
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Re: Condom Machines
Hey there, I'm new to the forum and market.
Recently I moved to Norway and noticed that these vending machines are rare...
I work at a bar and we don't have them, I was thinking of buying and installing just one to see how it goes. The bar is full of clients between the age of 18-40, there are 3 washrooms. 1 upstairs that is rarely available, it's for males/females. Then there are 2 washrooms downstairs, one for males and one for females...both washrooms downstairs are on total opposite sides of the bar area.
My plan is to buy this --> http://www.securevendingsystems.co.uk/p ... _pw220.htm
It costs £130 or $205 USD plus a 3 sided design is £35 or $55 USD
The machine fits 25 packs of condoms
I've found a place to source Durex condoms for $1 per pack (MOQ 50). Each pack has 3 Durex condoms (shipping isn't including in this price)
The 3 pack of condoms sell here for 41 NOK/ea or $7 USD so I would sell them at 40 NOK/ea (there are 20 NOK coins here)
So basically my initial investment will be approximately $400 (2400 NOK) after taxes plus whatever else because I like to round up.
Selling out would give me 40x25 = 1000 NOK
Tax here is 25% so I would pay 250 NOK to the government
Leftover profit would be 750 NOK which means I would have to sell out slightly over 3x to break even.
The kids (18-20) here bang like rabits, we catch people having sex in washrooms roughly 2-3 a month.
Looking for advise as to whether or not I should move forward with this or not.
Also, how does it work for the bar itself? I haven't approached the owner yet to ask his permission. What are the advantages for him other than promoting safe sex to his clients? Do you usually provide barowners with a certain cut from the vending machine sales? Do you pay monthly for them to stay there...? How does that work normally?
Thanks in advance for your advice
Alex
Recently I moved to Norway and noticed that these vending machines are rare...
I work at a bar and we don't have them, I was thinking of buying and installing just one to see how it goes. The bar is full of clients between the age of 18-40, there are 3 washrooms. 1 upstairs that is rarely available, it's for males/females. Then there are 2 washrooms downstairs, one for males and one for females...both washrooms downstairs are on total opposite sides of the bar area.
My plan is to buy this --> http://www.securevendingsystems.co.uk/p ... _pw220.htm
It costs £130 or $205 USD plus a 3 sided design is £35 or $55 USD
The machine fits 25 packs of condoms
I've found a place to source Durex condoms for $1 per pack (MOQ 50). Each pack has 3 Durex condoms (shipping isn't including in this price)
The 3 pack of condoms sell here for 41 NOK/ea or $7 USD so I would sell them at 40 NOK/ea (there are 20 NOK coins here)
So basically my initial investment will be approximately $400 (2400 NOK) after taxes plus whatever else because I like to round up.
Selling out would give me 40x25 = 1000 NOK
Tax here is 25% so I would pay 250 NOK to the government
Leftover profit would be 750 NOK which means I would have to sell out slightly over 3x to break even.
The kids (18-20) here bang like rabits, we catch people having sex in washrooms roughly 2-3 a month.
Looking for advise as to whether or not I should move forward with this or not.
Also, how does it work for the bar itself? I haven't approached the owner yet to ask his permission. What are the advantages for him other than promoting safe sex to his clients? Do you usually provide barowners with a certain cut from the vending machine sales? Do you pay monthly for them to stay there...? How does that work normally?
Thanks in advance for your advice
Alex