|
Frequently Asked Questions
about Vending |
|
Can I do this part time? |
Yes. You may figure your time in the field to be approximately
15 to 20 minutes per machine including
your travel time (3 to 5 minutes servicing the machine
and 10 minutes between locations). These figures will
vary depending on your individual speed. |
Can I operate from my house? |
Yes. There is no need for an expensive office or warehouse. Many
small operators use their basements or garages to store
equipment and products. |
Are there tax advantages? |
Many tax advantages are available. To determine the best plan of
action for your particular situation, we suggest that you
discuss this matter in more detail with your accountant, CPA or
tax preparer. |
How good is the cash flow? |
Excellent. This is an all cash business. There are not
receivables. You don't need any more than your original
investment. However, the more machines you place on locations,
the quicker your cash income increases. |
Once I am in business, how long before I start making money? |
The nice thing about this business is that from the day
your machines are on location, they are working for you. Your
vending machines will begin making money immediately.
There is no need to work and wait for months or years
while you build a clientele. Your machines are like 'silent'
salespersons working for you. They are on the job
constantly, day and night, summer and winter, Sundays
and holidays.
Vending equipment caters to everyone; rich, poor, male, female,
young and old. |
Do I have to sell & advertise? |
No. You will not be selling like sales people on a show room
floor or on a telephone or door to door. Your vending machine is
your sales person. You may hire a professional locator to
negotiate the initial deal for your vending machine installation
at a location, but after that is done, your good service and
attention to detail is considered the best way to keep an
account sold on you.
The manufacturers of the products you are selling have spent a
fortune on advertising and have created a huge demand for their
product. You are taking advantage of that. |
Is the market saturated? |
Are there enough locations for me to expand? Although you can
see vending machines 'everywhere', there are between two and
three million new small businesses starting each year.
You be the judge. |
Where do I buy my products? |
You can buy the local candy, beverage and snack wholesalers in
your area. You will also notice special deals at the nationally
advertised discount retail outlets and drug stores depending on
exactly where you live. |
What kind of products sell best? |
We can provide the best sellers in each category depending on
the type of vending machines you are buying. Because there are
beverages, snacks, candy, gum, mints, ice cream, sandwiches,
fruit, pastry, soups, gumballs and thousands of other products,
we will help you to determine exactly what products should be
used in the vending machines you purchase. |
Should I use name brands? |
There is no substitute for quality. Name brand products are
household favorites nationwide and are recognized by millions
each day. We recommend using name brand
products. You will find that your customers will use your
machines repeatedly when they see quality products. |
Can my family service vending machines? |
Many route owners use their teenage children to help service the
vending equipment. This not only allows the operator to expand
and have access to quick and reliable help, but it also allows
the teenager to learn a business while earning pocket money. |
How many machines can I service or put out? |
It depends on how much money you want to make, and how much time
you are willing to invest. Larger routes also include
managing other people. We will gladly discuss your individual
business plan and help you determine what would be necessary for
growth and achievement of your goals. |
How much money can I make? |
It all depends on the quality of your locations and type of
vending machines. The more traffic at the location, the more
dollars you make. |
What would I do if I need parts or service? |
Parts are easily accessible. We will help you with all your
questions regarding this matter. Hanna maintains one of
the largest part departments in the country and also has
immediate access to parts that are not readily available at our
headquarters or at any of our distribution centers. |
Do I need a truck or van? |
No. Most people service their route from their existing
vehicle. Once you have grown to the point that it becomes
totally uncomfortable to continue operating in this manner, then
you take the next natural step. |
Where are vending machines placed? |
Because of their attractive designs, vending machines can be
placed in almost any business or office location. We will
provide a list of possible locations at no charge. |
How long does it take to get started? |
If you have not already created your own personal business plan,
we strongly suggest that you put your plan in writing. An
effective plan must include a clear, measurable statement of
goals and objectives. It must assign specific "action oriented"
responsibilities to members of your family or organization and
provide a time-table for implementation and completion.
With these thoughts in mind, you are ready to begin. |
|
|
|
