NEW VENDING PRODUCT

[Dan74uk]

Dear all

we are launching our first vending product next month and i need help from the experts

what magazines do vending personell read,what trade shows are the best to exhibit at

if someone offered u 100 per cent margin after tax per vend wud u deem it a good deal


looks like a great forum with some knowledgeable and friendly people.hope i can conribute

[isladeiona]

Hi there, Yes we are a friendly bunch. Whats the new product and what type of machine is it for?. Yes I think 100% margin is great and what I always try and achieve. As for magazines I don't buy any nor go to any exhibitions.

[Dan74uk]

http://wp.me/p3pLr4-g

quick introduction

see it at avex

[Snackmore]

Will come and fill up on free samples

[PGBrew]

Hi,

What is the outright purchase price? What is the vend price?

Thanks

Pete

[Dan74uk]

200per vend
.75pcoxt of sales
List price 4995

Obviously for bigger sites but currently making smaller model with less hoppers

Cheers
Dan

[PGBrew]

Just a few stats,

Machine cost 4994 +vat = £5994

Cost of sale .75 + comission (25%) .50 = £1.25 - Profit (on £2 vend) = £0.75

5994 divided by 0.75 = 7992

so thats 7992 vends to break even

If you are registered for vat (I.60 sale price)

Cost of sale .75 comission 0.40 = £1.15 - profit (1.6-1.15) = £0.45

4994 divided by .45 = 11097

So thats 11097 vends to break even

Your cost price of .75 is high for loose sweets - You can buy Hurleys, potted for cheaper. For such a high investment I would expect a better margin.

Is it mandatory to buy the machine and stock from the same supplier?

Pete
What sales output per month per machine do you anticipate?

[Coin Operated Group]

Pete these are only good for major sites ie big Kids play places , tourist attractions etc and I can anticipate them taking major money as the sites these will be very high footfall.

5000 over 5 years on a lease is approx 20 quid a week need to make about 30 Vends a week. I wouldn't be siting these anywhere less than a 150 Vends a week site minimum would be hoping for more tbh

[Vend And Glow]

Does the cost price include the cup to collect the sweets? only seen a picture of the machine though, so making an assumption you will need something to hold the sweets.

[Vend And Glow]

This machine does the same job? Not as much choice but i bet it would be cheaper?
http://wetherbyweb.co.uk/index.php?opti ... &Itemid=68

And this from intelligent vending. http://www.intelligentvending.co.uk/sna ... achine.htm £2600. Much cheaper if you want to test the water with the concept.

I am wondering if Dans machine would be able to accept breakfast cerials too. May be a good machine to have in some hotels or B&B's for people getting their breakfast when no staff available??