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I am planning to set up a gumball vending machine in one of the stores in town. I am new to this and am wondering how do I secure a locations at one of these stores. Is there paperwork involed, some selling, show and tell, Jedi mind tricks, etc. that I should know about?

2006-11-16 01:50:12 · 1 answers · asked by Doesntstayinvegas.com 3 in Business & Finance Small Business

1 answers

well,
the largest coin vending company in the nation (coinstar - amusement factory - folz - sugarloaf ) does it this way.

you start with the store manager, and if they are agreeable, then there is usually a contract stating a time period, and comission rate. comission ranges from 30 to 50 percent, depending on location.

most big chains already have contracts with large companies like coinstar - but there is some leeway. you'll have better luck getting in with smaller stores though.

i have a 25 head rack in a wal-mart that does nearly $1000 a month. ( my best.) on the flip side, I have several 8 heads in family dollar stores that are lucky to pull in $50. both require the same amount of attention.

location, location, location.

2006-11-16 02:08:53 · answer #1 · answered by peterpipersux 2 · 0 0

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