3 ms·
This line doesn’t line up with the data also in the article. The gross margin on each product is about 40%, you then lose 15-25% on stocking the machines, plus
by crispyporkbites 6y ago
This line doesn’t line up with the data also in the article. The gross margin on each product is about 40%, you then lose 15-25% on stocking the machines, plus have to pay for gas, a car, insurance, repairs, initial outlay of machines etc.
You’re getting maybe 5% net margin.
- callamdelaney 6y ago> you then lose 15-25% on stocking the machines What? How've you come to that conclusion?
- crispyporkbites 6y agoSorry I meant on paying the owner of the place you’re putting the machine
- asdff 6y agoWhy do you have to be running around town stocking these machines yourself? Surely there are service companies who do this for you, just like US vending machines.
- crispyporkbites 6y agoRight and there goes your margin