Vending Machines

VENDING or "It Took Us 2 Hours to Count All the Quarters in Our Machine"

This is one of the biggest, if not the biggest area of fraud in the get rich
quick arena. The sellers of this stuff have gotten more creative in their
packaging but it all remains the same. It is VERY unlikely that you will EVER
make back your original investment.

HOW IT WORKS...

The premise is simple and similar to the approach with the 900 lines. If you
have 10 machines and each machine makes ONLY $10 per day, you make $3000 per
month! Not bad at all. It would be even better if the machines could sit in your garage and earn that money but they can't. You have to find a place to put them.

If you are lucky enough to know the owner of 10 office buildings you are set.
Have your friend put the machines in the buildings and watch the money roll in. Maybe. Just because you get your machines placed is no guarantee you will make any money.

Do the math. If you have a bubble gum machine that charges 25 cents per gumball, you will have to sell over 40 gumballs per day to make $10. I say over 40 because the gumballs aren't free AND perhaps most important is the fact that it is likely the owner of the building will want a commission on all your sales! That's a lot of gumballs to sell per day before you get to $10. In fact, that's a lot of gumballs per week! Remember too that you will first be trying to recoup your investment. So, if you pay $3000 per machine you must sell a ton of product before you ever start making ANY profit.

Vending machines have gotten more sophisticated lately. They blink, sing and even cook. All gimmicks that add to the cost of the machine but not necessarily to the effectiveness. They will also encourage you to give a percentage of your profits to a worthy cause and put that somewhere on the machine. "This will encourage people to use your vending machine!" Right. And that is one more hand wanting payment, in addition to you, the building owner, and the gumball seller. Oh by the way, guess who sells the gumballs? The machine seller, of course! SAVE YOUR MONEY.

If you insist on giving this business a try, look in your local paper for people selling theirs. Be on the lookout too for ads that offer to sell vending routes. If it's an 800# beware. Individuals selling vending routes probably will not have an 800# and why would anyone sell a profitable route? If you can't find any that way, advertise yourself. WANTED: Vending machines. I know personally of a very intelligent man, a man who in fact used to run a well known federal government office, who has three six foot high vending machines, that cook pizza, in his garage, brand new! "Never got around to placing them." A classmate from high school & college has just purchased several small vending machines. They look great and come with nice wooden stands. Stands that have to be assembled and stained! I wish he had talked to me first but I wish him well.

In closing, I'm reminded of the joke about the guy who owned change machines...he wanted to buy more machines because he was only breaking even!