I couldn't agree with Mick more strenuously!
as a vending-route driver for several years, take it from me:
Keeping these machines stocked and maintained is HARD WORK, and the
risks are considerable!
I wouldn't say he needs to run away -- but be sure he considers ALL
the details VERY CAREFULLY! As a full-time route-driver back in the
early 90s, I only brought home around $1,600/mo -- nothing to brag to
mama about!!!
Words to the wise,
Den <><
--- In mlmsurvivorsclub@
<mickwenlock@
>
> where to start?
>
> This is not a good or a bad idea because it all depends on how hard
your husband and his friend want to work at this. It is not a get
rich quick or even a "get rich" scheme. You have to run hard to make
an OK living at it.
>
> Some of the things I guarantee your husband and his friend have not
even considered.
>
> 1) Who provides the locations? If the company you are leasing the
machines from does it then you should be able to get the income
figures for the length of time the mahcines have been installed in
those locations. If your husband and his frfiend are the ones who are
supposed to do this - hav they ever done anyting at all like this in
the past? Most places charge you to have machines in their location
that's if you can persuade them to do it.
>
> 2) where will he get his supplies from?
>
> 3) what insurance will he carry? The machines are EXPENSIVE. There
is also the personal liability of working a business where you carry
cash around.
>
> 4) How much is th maintenance going to cost?
>
> I would suggest that your husband actually contact someone who does
this for a living and do some ridealong and ask some questions.
>
> If you are the type of person who can a) spot a good, secure place
to put a machine b) know what to sell in the machine c) can buy the
supplies cheaply enough to make a profit d) know how to do your own
maintenance then, as I know from a friend of mine who works this
business you can make a fairly OK living.
>
> Be prepared for increased IRS scrutiny - it's a cash business.
>
> Mick
>
> Vicki <v_eller@...
there are a lot of wise people here, so I am hoping that
> someone may have some knowledge on this topic.
>
> LATE last night after he had a few drinks with a friend, my hubby
> said he would like me to look into the vending machine business.
>
> My first thought is "oh great, some lame get rich quick scheme
that
> won't be worth the time."
>
> I'm willing to bet his buddy was like, "hey dude, we could make
some
> extra cash if we own vending machines."
>
> Can anyone guide me toward some good info on this? I don't know
if
> this is any type of MLM/downline type scheme or what. But my gut
> tells me it's not a wise idea... possibly a money pit.
>
> I will, of course do some additional online research, but hope
> someone has some insight.
>
> Thanks a bunch.
>
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
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