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Speaker 2: All right, So now we go to get into some details.
Speaker 2: So all right, So for vending machines, right, first question
Speaker 2: is how much does the vending machine costs?
Speaker 3: So it could range. So I mean the cheapest you're
Speaker 3: going to find it is always going to be somewhere
Speaker 3: run one thousand dollars if you're using a used machine
Speaker 3: versus if you're coming in with something new. You're looking
Speaker 3: at about five grand five grand for a brand new
Speaker 3: one brand like brand new team in the top of
Speaker 3: the line of new or used.
Speaker 4: I didn't even know that there were new use machines.
Speaker 4: How where do we even get this?
Speaker 1: Like?
Speaker 3: Where am I finding a new machine? Where do I go? So,
Speaker 3: I mean new machines you could get from like the
Speaker 3: manufacturers actually making like coke, PEPSI like those type of
Speaker 3: places you can buy and trade from them.
Speaker 4: Those are where the new machines come from. And we're
Speaker 4: talking about actual what I mean, there's different types. We're
Speaker 4: talking about food vended machines, so we're talking about sodas, snacks.
Speaker 4: They do have food, they have ice cream machines. It's
Speaker 4: a lot of different different types. So if you're talking
Speaker 4: about used machines, which is you know, I use use machines,
Speaker 4: and that's what I recommend everybody else to use, mainly
Speaker 4: because it's easier than ain't team, and it's a lot
Speaker 4: more affordable, Like the price is nowhere close to you know,
Speaker 4: five thousand dollars. You can get a used machine for
Speaker 4: around nine hundred, which is what my first machine was,
Speaker 4: and you could find those on places such as like crackslist,
Speaker 4: offer up.
Speaker 3: Amazon, let go, it might be a little more Amazon.
Speaker 3: And then the only reason I wouldn't I would say
Speaker 3: not to get it off like a platform where it's
Speaker 3: like online, because I would recommend you checking the machine
Speaker 3: out first. You don't want to get it and get
Speaker 3: it in, get it where you want to put it,
Speaker 3: and then it's not working right, and then you have
Speaker 3: to ship it back Like that's a that's a long process.
Speaker 2: You said, let go, Yeah, what's what's that?
Speaker 3: So it's an app?
Speaker 2: It's an app?
Speaker 3: Yeah, so let go offer up a Facebook market. But
Speaker 3: it just depends that. And another thing is it matters
Speaker 3: is how are you How are you trying to scale this?
Speaker 3: Do you wanted this to be on some side hustle
Speaker 3: passive income stuff or do you want to grow it
Speaker 3: into like a full time business. Because if you're just
Speaker 3: doing it as a side hustle, just earn some extra
Speaker 3: realdum assign you know you and those resources such as
Speaker 3: like you know cress is fine. But if you really
Speaker 3: want to do it, like for a time, you want
Speaker 3: to find like what I what I call vending warehouses.
Speaker 3: So a vending warehouse is just a vending company that
Speaker 3: is large enough to sell you vending machines. So that's
Speaker 3: kind of how we make our money. On the back end,
Speaker 3: I might have some machines setting around and then our
Speaker 3: cellos to anybody who's looking to buy it.
Speaker 2: Where do you find vending warehouses?
Speaker 3: So you would have to google vending machine companies in
Speaker 3: your area and then contact them and see if they.
Speaker 2: It's all regional, it's all regional.
Speaker 4: Yeah, after I order it, I'm thinking to myself right
Speaker 4: now I'm ordering machine, Probably need the location first, right,
Speaker 4: because they're going to send that to your house, right,
Speaker 4: So do they send it to?
Speaker 3: What happens after I order it? So you could you
Speaker 3: could pick it the machine up first. Our I recommend
Speaker 3: to people always always always get the machine after you
Speaker 3: have the location, for multiple reasons. Because if you go
Speaker 3: out and you get excited, Okay, I'm going to vending thing.
Speaker 3: I see a cheap soulda machine, This is a great deal.
Speaker 3: You buy it. Maybe you got it in your garage
Speaker 3: or something like that. You don't know what type of
Speaker 3: location you're gonna get first, So that means you don't
Speaker 3: know what that location is going to need. Maybe they
Speaker 3: already got a sort of machine, maybe they need a
Speaker 3: slack machine. Maybe it won't right. And then that's another thing.
Speaker 3: You don't know what the measurements are for that space
Speaker 3: they have to put the machine. So it could be
Speaker 3: the machine you make you could have maybe too big,
Speaker 3: maybe it's too big to fit through the doorway. Maybe
Speaker 3: it's too big for the space that they actually want
Speaker 3: the machine. So it's always best to wait until you
Speaker 3: get that location you know, on a paper, and then
Speaker 3: you go out and get your machine. But on the
Speaker 3: flip side, you also want to know your resources first,
Speaker 3: Like you want to know where you're getting that machine
Speaker 3: from prior to you know, finding your location.
Speaker 2: So like what's some typical are they like typical profit margins?
Speaker 2: Like how much money can should a person expect to
Speaker 2: make off of like one machine?
Speaker 3: So an average good a good location, well, you'll see
Speaker 3: around five hundred dollars for the foot per machine. Right,
Speaker 3: most locations have two machines, you know what I'm saying,
Speaker 3: unless it's like a combo if most of the time,
Speaker 3: if you'll find a combo machine, it's in a smaller
Speaker 3: in a smaller space because they can't fit two machines,
Speaker 3: or it's because maybe it's a slower that has slower traffic,
Speaker 3: lower traffic, and you don't want to put two machines
Speaker 3: in there, you know that type of situation.
Speaker 2: So like a thousand dollars if you have two machines
Speaker 2: in one location.
Speaker 3: Yeah, that's about that, right.
Speaker 4: When you have to find locations, you obviously looked at
Speaker 4: your life. You said, look, I played ball here, I'm
Speaker 4: gonna put one here. That's my high school, that's my barbershop.
Speaker 3: What does the average person have to do in terms
Speaker 3: of finding locations? So step one now, Now to be
Speaker 3: honest with y'all, Like, I had experience in like different
Speaker 3: marketing before beforehand, so I was already kind of seasoned
Speaker 3: season with uh networking and more and reaching people and
Speaker 3: calling all that type of stuff. The wholesaleing I did
Speaker 3: do whole something, So yeah, so I used those same
Speaker 3: type of tactics to find locations because it was I
Speaker 3: learned a lot from actually going out and trying to
Speaker 3: find properties, you know what I'm saying when I was
Speaker 3: doing the wholesaling thing. So the first thing I did
Speaker 3: was network so I reached out to everybody, aroun me,
Speaker 3: all my friends, all my family members, let them know
Speaker 3: what I was doing. And this through doing that, it
Speaker 3: led me to having like my first few locations, you
Speaker 3: know what I'm saying. So that's how I ended up
Speaker 3: getting a school like you do this name, which is
Speaker 3: my prior in high school. I talked to them, you know,
Speaker 3: they let me place a vending machine in there, and
Speaker 3: it led me to you know, getting a few other spots.
Speaker 2: You know, I'm just thinking about it. A lot of
Speaker 2: places that yeah they have two vendom machines, like a
Speaker 2: community center, a school. Yeah, you have two vending machines. Yeah,
Speaker 2: I never thought about that before. I mean, or trying
Speaker 2: to cut you off. You can have two vending machines
Speaker 2: right next to each other, Like one is sodas and drinks,
Speaker 2: the other one is candies and chips and stuff.
Speaker 3: Yeah, they always like right next to right next to
Speaker 3: each other.
Speaker 2: So that's not bad if you think about it, Like
Speaker 2: a thousand dollars, that's like you could be getting rental income,
Speaker 2: but it's a lot less overhead as far as buying
Speaker 2: a home.
Speaker 3: Yeah, So that was what I was gonna say. Two things.
Speaker 4: Well, first of when these big corporations, like if I
Speaker 4: see a Coca Cola machine, right, that's a vending machine.
Speaker 3: Can I purchase that from?
Speaker 4: Or is the corporation putting that in the location, because
Speaker 4: you could have two venom machines and then they have
Speaker 4: all coke products?
Speaker 3: Can you purchase that? Can you purchase it from home
Speaker 3: from like Coca Cola? Is that like a thing? Can
Speaker 3: you get a venom machine from a corporation you're talking
Speaker 3: about as far as have if the machine is placed
Speaker 3: somewhere or if there is manufacturing the machines.
Speaker 4: Well, so I'm thinking in terms of I have my
Speaker 4: venom machine, you right, I have two of them there.
Speaker 3: And then there's like a coke machine those coke products.
Speaker 3: Is that something like the average person can purchase or
Speaker 3: is just straight from the corporation? So so all right,
Speaker 3: so Coke does Coke actually places machines themselves. So but
Speaker 3: then what they'll do is they don't they actually just
Speaker 3: will place the machine, right, But the thing is the
Speaker 3: person they would have to like charge a certain amount
Speaker 3: the in products. So the products. Once you buy a
Speaker 3: certain amount of products from from Coke, they'll play they
Speaker 3: get you. They get a place of vendo machine for free,
Speaker 3: so and then they'll service it or whatever like. So,
Speaker 3: if you're talking about like that machine is there, most
Speaker 3: more than likely your machine won't be because they'll have
Speaker 3: some type of contract with Coca Cola and they're not
Speaker 3: gonna let nobody else in there.
Speaker 2: So as far as location, because I know you said
Speaker 2: that you had a couple of different keys, foot traffic, isolation, uh,
Speaker 2: waiting rooms, so all of these different things. But before
Speaker 2: you even get to that, how do you approach somebody
Speaker 2: to put a vending machine in their place?
Speaker 1: Like?
Speaker 2: All right, so you see a school, like, what's the
Speaker 2: process to say, Hey, can I put a veto machine here?
Speaker 3: I talked to the principal.
Speaker 2: How does that work?
Speaker 3: So that's a good question. Man, That's a lot of
Speaker 3: questions everybody ask us. But at all I really do
Speaker 3: is I'll approach whoever the receptionist is that they're at
Speaker 3: first point in contact, and I'll ask them who I
Speaker 3: need to speak to to place a machine here. So
Speaker 3: it's usually the person that everybody usually has a person
Speaker 3: who's in charge of doing business. So the high school,
Speaker 3: as a you know, a business manager, I had to
Speaker 3: talk to them So if you're if I'm going into
Speaker 3: a motel or something, most of the time they have
Speaker 3: a business manager if you talk to them. So it's
Speaker 3: just a about asking that first point of contact get
Speaker 3: you know, obviously if you could find a manager or
Speaker 3: something like that, reach you, you could reach and but then
Speaker 3: ask that person, who's the person who's that I have
Speaker 3: to talk to? That actually makes the decision.
Speaker 4: So once you get in the high school, you get
Speaker 4: into the recreation center, is there a fee that you
Speaker 4: have to pay for being there or it's just part
Speaker 4: of the profit margin you have to give to the places?
Speaker 3: Like how's that work? So it's all about from my experience,
Speaker 3: it's all about how you get that how you get
Speaker 3: that spot. So if you have you have different resources
Speaker 3: you're using to get locations. Right, If one thing that
Speaker 3: you could do is you out, you go out yourself
Speaker 3: and you actually look for locations. Like you know, when
Speaker 3: we talk about the whole sort of thing, it's called
Speaker 3: like driving for dollars. You're that term, yeah, right, So
Speaker 3: that's a method you go out driving around. I actually
Speaker 3: found the laundrymat the other day just driving around. I
Speaker 3: wasn't even looking for it, but I just happened to
Speaker 3: see it, and actually I'll put it on Instagram, So
Speaker 3: I put it on a lot just to show people
Speaker 3: like this is like, you know, how easy it is
Speaker 3: to find something and if you're paying attention to what's
Speaker 3: around you. So that's one method and another methods like
Speaker 3: cold calling, which is you just make a list of
Speaker 3: multiple places and that that may be suitable for a
Speaker 3: vendom machine in your area that you're looking at place
Speaker 3: one like using zip codes or whatever, and you know,
Speaker 3: and you just call them if you're doing that method.
Speaker 3: Most of the time I found when you found it
Speaker 3: like a location like that, they ask for a commission
Speaker 3: because you're asking to come into their space and do
Speaker 3: business like you're asking for something from them. Right now.
Speaker 3: On the flip side, you get a website right the top,
Speaker 3: the most the top that the most common thing people
Speaker 3: do is when they're looking for vending services. If you know,
Speaker 3: you're just opened up your store, your business or whatever
Speaker 3: it may be, it's Google, So they go right to
Speaker 3: Google Vendom Machine service and Philadelphia my joone is like
Speaker 3: one of the top ones on there. So you click
Speaker 3: on that, they they call you, they contact you, and
Speaker 3: then they're gonna ask you to place a vending machine
Speaker 3: in their place of business. So most not in that scenario.
Speaker 3: Most of the time they don't ask you for a
Speaker 3: commission because they just want your service. They want your
Speaker 3: service for their customers, are for their employees off for
Speaker 3: whatever reason. It's just like, yeah, we just want to service.
Speaker 3: We're not worried about commission.
Speaker 2: So if you approach them, you got to pay them
Speaker 2: most of the time. If they approach you, you don't
Speaker 2: have to pay.
Speaker 3: Most of the time most of the time. That's how
Speaker 3: that goes. That also depends on what type of place
Speaker 3: it is, you know, because if you're dealing with like
Speaker 3: recreation centers and schools, a lot of times those those
Speaker 3: facilities are like the prod the funds already, so they
Speaker 3: always looking for different ways to supplement, you know, some income.
Speaker 3: So they're going to bring that up.
Speaker 2: So what kind of commission is fair? Like if somebody
Speaker 2: I'll let you put ahead, but here's you gotta give
Speaker 2: me twenty percent temper, Like what's a fair amount that
Speaker 2: a fear.
Speaker 3: Amount really depends on the traffic and that location, but
Speaker 3: you typically it's around ten percent. Yeah, ten percent is
Speaker 3: It's like a fear amount most of the time if
Speaker 3: it's a good location.
Speaker 4: So you you sit down, you say that we can
Speaker 4: have the vend machine here.
Speaker 3: What we do next we drawing up a contract. Right
Speaker 3: so at the point where they give me the person
Speaker 3: of contact and they said they interested, and I'll schedule
Speaker 3: a meeting with them, so we'll sit there like we're talking. Now,
Speaker 3: I'll have a proposal, which is something I came up
Speaker 3: with just from doing the meetings, and it's all the
Speaker 3: information is in the proposal, which just cuts down the
Speaker 3: meet in town. So you know, in there it's just
Speaker 3: about the uh, your business, a little bit about yourself.
Speaker 3: You want to put the products that you use, what
Speaker 3: makes you different than other companies, your price points for
Speaker 3: your products. Just present all that to them and then
Speaker 3: you know, if if they like that, then I also
Speaker 3: have the contract there so and if they're good with
Speaker 3: the contract, you know we signed it right there. Do
Speaker 3: the deal right there. Now. Sometimes it doesn't go that way.
Speaker 3: Sometimes they might want certain contingencies or whatever in the contract.
Speaker 3: So if they want that and you ask, you have
Speaker 3: you know, obviously you have to go back and draw
Speaker 3: up a new contract and get them to sign that. One.
Speaker 4: Yeah, I'm thinking of like the school, right, so I'm
Speaker 4: thinking like one of the contendencies they might have is
Speaker 4: like you can't serve a certain amount of sugar.
Speaker 3: Yeah, exactly, certain certain products. And then it's like some
Speaker 3: people will want your actual service hours in there, or
Speaker 3: they'll want if basically like if if something goes wrong,
Speaker 3: you have to repair it by all this amount of
Speaker 3: time type of thing like, so that stuff is usually
Speaker 3: people usually tweak, but for the most part, they did
Speaker 3: go about what's on the paper.
Speaker 2: So okay, So as far as let's go back to location.
Speaker 2: So like you said, you said foot traffic, accessibility, isolation,
Speaker 2: and waiting rooms. Those are like your four golden rules, right,
Speaker 2: oh the one second. So and then for the commission
Speaker 2: that I never bring up commission. So never never sit
Speaker 2: down with a location and say, all right, well, this
Speaker 2: is the amount that we're paying commission.
Speaker 3: If they don't mention it, oh yeah, no, give them money.
Speaker 3: Yeah no, no, no no. Some people think that that's like
Speaker 3: a pitching like point, is that we can pay you
Speaker 3: this much in commission, but don't mention.
Speaker 2: That, because it's not. That's a good that's a good
Speaker 2: point because you might automatically assume that you have to
Speaker 2: pay because you're you're in their space. But like you said,
Speaker 2: it's kind of like an attraction where it's like, like
Speaker 2: my son goes to camp. Every time I pick him out,
Speaker 2: he's like, can you give me something? The venom machine.
Speaker 2: So it's like, you know what I'm saying, It's like
Speaker 2: the vending machine is actually helping in that situation because
Speaker 2: it's like people something you might just walk into a
Speaker 2: space just to use the vending machine.
Speaker 4: Right, So that now I'm thinking about from the business standpoint,
Speaker 4: having a school during the year is great. Having a
Speaker 4: recreation center during the summer gold month all kids.
Speaker 3: Want, well no recreations. Recreation centers doing the school year
Speaker 3: are good too because they have different programs and they
Speaker 3: have basketball games and stuff.
Speaker 2: Yeah. So all right, so location, location, location is the
Speaker 2: most important thing in real estate period. And I guess
Speaker 2: it's no different from vending machine either, Right, you got
Speaker 2: the best vending you could be giving away gold bars
Speaker 2: if it's in the desert, doesn't matter. So how do
Speaker 2: you know what's a good look? I mean obviously, well
Speaker 2: I don't say obviously. How do you know what's a
Speaker 2: good location or not so, I mean from what you
Speaker 2: just basically what you just mentioned, but I picked them
Speaker 2: up as time went on, just noticing different things. So
Speaker 2: when I'm walking into a location, I go with a checklist.
Speaker 2: I don't really use it anymore because I kind of
Speaker 2: like know now, but it's best to have a checklist
Speaker 2: and use this. And this is what you want to
Speaker 2: look for. So you want to look for when you
Speaker 2: pull up to the space. Is it any stores around
Speaker 2: that building? So when I say isolation, that that's what
Speaker 2: I'm talking about. So I'll take a lap of two
Speaker 2: laps around. See I'm looking for corner stores. I'm looking
Speaker 2: at this for other places to eat, all right. So
Speaker 2: if if I don't see no other places to eat,
Speaker 2: I'm like, okay, so that's that's a good sign.
Speaker 3: Right. And then when I walk in the door, I'm
Speaker 3: looking in terms of moving I'm looking for steps and
Speaker 3: all that type of stuff because you have to move
Speaker 3: the machine in there. When it terms of what makes
Speaker 3: it a good location, I'm I'm looking to see where
Speaker 3: the machine will be placed, all right. So I'm like,
Speaker 3: all right, well, is it placed somewhere where it's visible
Speaker 3: and people could see it? Because I had one situation
Speaker 3: where I had a it was a hotel wanted me
Speaker 3: to put a machine in there, but they wanted a
Speaker 3: machine like in the in the back way in the
Speaker 3: back where nobody would see it. And on the flip side,
Speaker 3: it had a gas station right next door. So when
Speaker 3: I was watching, I'm watching people come in and they
Speaker 3: just making the left turn, right out or right to
Speaker 3: the gas station.
Speaker 4: I'm like, the gas station is the place now that
Speaker 4: they're gonna get that.
Speaker 3: They see the gas station because it's right because it
Speaker 3: was a big glass, you know door obviously and it's
Speaker 3: right there. Versus if that machine is placed in the lobby,
Speaker 3: they just would have used the machine. Then nobody wants
Speaker 3: to walk all to be over there if you ain't
Speaker 3: got too only in the night shift, right, So so
Speaker 3: you know that's that's real important. It's important is is
Speaker 3: it being visible and it being accessible to everyone? So
Speaker 3: if everybody can use it, if it's visible, that that's
Speaker 3: a good sign. Another thing I'm looking for is hours
Speaker 3: of operation. So how long is this place open? Like
Speaker 3: you said night shift, Some places open twenty four hours, right,
Speaker 3: That gives you more selves versus it only being opened
Speaker 3: for nine to five like, so that's another that's another
Speaker 3: important brieteria close now right, So, and then probably the
Speaker 3: last thing I'm looking for is foot traffic, right, which
Speaker 3: is one of this is the most important thing. You
Speaker 3: want to see. How many employees they got, how many
Speaker 3: people are visiting this place, how many people are in
Speaker 3: and out coming past this machine?
Speaker 4: Yeah, one of the things you said, And as you
Speaker 4: said it, I was like, wow, that's brilliant. Places that
Speaker 4: have ideal time where people are just waiting. So I
Speaker 4: would say a hospital, but when you just set laundry mat,
Speaker 4: I'm thinking like, oh my gosh, yeah, like people are
Speaker 4: sitting in there all day watching machines.
Speaker 2: Though, no, laundry mats are big. Schools are big, Recreation
Speaker 2: centers are big, Hospitals are big.
Speaker 3: I'm thinking that's a number one.
Speaker 2: Office buildings are big. Dorms dorms, college dorms. College dorms
Speaker 2: are big. Yeah, yeah, yeah.
Speaker 3: And give give an example is Temple. We have a
Speaker 3: Temple dorm. God was doing business with that location does
Speaker 3: around thirty five hundred?
Speaker 2: My mom, how many machines? How many machines?
Speaker 3: Who machines? You know what I mean? Cos kids don't
Speaker 3: have a lot of money, and they don't have transportation.
Speaker 2: So if you put the vend machine and that's that's you,
Speaker 2: that's your machines.
Speaker 3: These to those two are mind it's the guy. Actually,
Speaker 3: I know we were talking a little camera. So another guy,
Speaker 3: one of my first my first mentee, I helped him
Speaker 3: find a spot and that was the spot that we got.
Speaker 2: Yeah, thirty five hundred. That's that's the bread.
Speaker 3: Two machines, two machines, thirty five And then on top
Speaker 3: of that, since that building is to build the way build,
Speaker 3: it could be more machines placed in there. And you said,
Speaker 3: there's a difference in what I mean.
Speaker 4: The older machines don't have something that's very important that
Speaker 4: you said, and that's the card readers, right, because now
Speaker 4: a lot of people don't have cash, but they do.
Speaker 3: Have cards to use. So what we do is we'll
Speaker 3: take the older machines and add upgrades. So we might
Speaker 3: change the door. We might use what we call like
Speaker 3: the lead lighting, so you know the little light strips.
Speaker 3: Put that in the door, makes it a little brighter. Yeah,
Speaker 3: and we can add to car readers, but we would
Speaker 3: just have to change what's in there. It's called the
Speaker 3: circuit board. Okay, expensive circuit board costs about two hundred dollars.
Speaker 3: Car readers are about four hundred, so you're looking at
Speaker 3: to use that as about additional six hundred dollars. But
Speaker 3: on the flip side, those usually increase yourselves by at
Speaker 3: least thirty forty percent. Like, so you know it's worth
Speaker 3: for actually getting those on there if you know you
Speaker 3: plan on doing it on a serious note.
Speaker 2: So, okay, so as far as installation, right, how do
Speaker 2: you know which products to put? So you just in
Speaker 2: a machine and you can put anything in the machine, correct,
Speaker 2: anything you want? How do you know what products do
Speaker 2: you do?
Speaker 3: Like?
Speaker 2: Okay, I like three those, so like how do you
Speaker 2: how do you know like which is a good product?
Speaker 3: That's asking the question because all right, So my first
Speaker 3: location that I got when I when I said it
Speaker 3: was only doing only a few a few dollars or
Speaker 3: whatever I was putting in there when I like, so
Speaker 3: what I like, I was talking to I'm walking through
Speaker 3: Sam's cub like okay, this is good, this is good.
Speaker 3: But after a while I was like, no, you you
Speaker 3: have to put in what they want. So what I
Speaker 3: like to do is in my first if it's an office,
Speaker 3: building and something like that. I'll use a newsletter and
Speaker 3: outside the newsletter introducing my services, and I'll give them
Speaker 3: an opportunity to put to tell me what they want
Speaker 3: in the machine. That's like step one. Other than that,
Speaker 3: it really comes down to demographics like this, certain certain demographics,
Speaker 3: certain in the certain groups of people like like like
Speaker 3: certain things. So from my experience, I know if I'm
Speaker 3: dealing with a mostly like Carcasian, they tend to like
Speaker 3: more of like the plane chips and like it, like
Speaker 3: for the plain tips, whereas though it might be more
Speaker 3: like you know, the flavor fold barbecue type. Yeah. Man,
Speaker 3: it depends what you have, but it's it's definitely best
Speaker 3: to always let the people tell you what they want
Speaker 3: and the inventory you're actually going to get. Right. So,
Speaker 3: like you would go into these warehouses I go to,
Speaker 3: I go to Sam's Club, so I go to the
Speaker 3: most mostly shop at Sam's Club, but I do have
Speaker 3: a warehouse that I go to to get products. Now,
Speaker 3: the thing with sam Club is it's good if you're
Speaker 3: just doing it like small scale, but if you're buying
Speaker 3: like variety boxes and chips and whatnot, they're going to
Speaker 3: put a few they're going to put the good chips
Speaker 3: in there. Then they're going to put like a they
Speaker 3: always selection and that right, and that's the one that's
Speaker 3: not going to sell. So when you're doing that on
Speaker 3: a larger scale, you have to keep buying those boxes
Speaker 3: and boxes. It's like, well, that's not that's that's losing
Speaker 3: making me lose money. So when you get to a
Speaker 3: certain point, you could just cut that out and then
Speaker 3: if you go find a source, you have to find
Speaker 3: a So you could just get the straight fire products,
Speaker 3: but as you have to buy it in a larger quantity.
Speaker 3: So that box of Sam's Club comes in a box
Speaker 3: of thirty most of the time, whereas though if I
Speaker 3: buy that in the larger quantity, I got about sixty
Speaker 3: four box of sixty four all one selection, which is
Speaker 3: gonna cost you more money because now you have to
Speaker 3: put that that that variety box points is gonna take
Speaker 3: about four or five roads because it's different chips in
Speaker 3: there versus it just being one whole box and one
Speaker 3: product that's only one row a product. How often are
Speaker 3: you changing the machines weekly? Weekly, weekly? Yeah, So if
Speaker 3: I mean, if you're doing it more than more than
Speaker 3: once a week, you probably need a bigger machine. If
Speaker 3: you're if you're not doing it once a week, you
Speaker 3: probably need a smaller machine.
Speaker 2: And like, so, how do you know what to charge?
Speaker 2: Because you can charge anything. I just found that out.
Speaker 2: You can tuch anything.
Speaker 3: The prices, yeah, you set you set all your own prices.
Speaker 3: And once again, it just comes down to demographics. It
Speaker 3: comes down to the region, the area you actually you
Speaker 3: know working in. I know earners. What's up?
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Speaker 3: We're over here in New York. My candy bors are
Speaker 3: going to be about two dollars, Like what if I'm
Speaker 3: in Philly over there is going to be about one
Speaker 3: twenty five. But the main thing I'm looking at is
Speaker 3: I'm looking at my internal investment, like my RRI or
Speaker 3: r Yeah. So I'm like, if I'm spending X amount,
Speaker 3: I want at least double that. So at minimum I'm
Speaker 3: doubling when I'm paying for the products. But I'm actually well,
Speaker 3: I always try to reach like the triple. I try to,
Speaker 3: you know, get the three hundred percent mark what I'm
Speaker 3: actually paying back, what I'm actually paying for the product.
Speaker 3: So whatever I'm investing, I'm trying at least.
Speaker 2: If I buy a candy bar for a dollar, I
Speaker 2: need to I need to charge three dollars in the
Speaker 2: vending machine. Just using that as like an exact exam. Obvious,
Speaker 2: you're not gonna charge three dollars for candy bar.
Speaker 4: But saying they did that at my job, Like I
Speaker 4: went to the vendor machine in the sixty five cent
Speaker 4: bag of chips is now five dollars?
Speaker 2: Is it really five dollars? The picture I was like, no,
Speaker 2: this is a job impossible.
Speaker 3: I'm gonna say the picture it was ridiculous.
Speaker 2: I'm like, wait, impossible, I seen a picture.
Speaker 3: No, Joe, I'm like, this is ridiculous.
Speaker 2: What kind of tips are.
Speaker 3: The souths no sound chips? How big is the bag
Speaker 3: of ship? It's the sisty like the normal sixty five cent.
Speaker 2: Bag of ship. No, it's impossible.
Speaker 3: So it was like the two houns bag it's like
Speaker 3: zero point seven, so I will sending out the picture.
Speaker 2: Yeah, it's impossible us, that's crazy.
Speaker 3: But they do, you know, people do do that. I
Speaker 3: mean no, I never seen five dollars. I see. It's
Speaker 3: like the airport located like the airport or like the hotels,
Speaker 3: you could really charge more.
Speaker 2: For you vendom machines in the airport. That's that's where
Speaker 2: you make money. Airport prices is just ridiculous just because
Speaker 2: it's airport.
Speaker 4: Because now they got the vending machines that sell electronics.
Speaker 3: So that's that's another thing I wanted to touch on too,
Speaker 3: is like you could think outside the box and get creative.
Speaker 3: You could sell anything out of the machine. You can
Speaker 3: sell electronics. Uh. Somebody I found online was selling nick
Speaker 3: knacks out of them in the in the airport and
Speaker 3: she was making eight thousand dollars a year.
Speaker 2: What what what's a nick knack?
Speaker 3: So like the stuff that you know you might get
Speaker 3: while you're in that city or whatever. Like there was
Speaker 3: a little whatever.
Speaker 2: Like the little trunkeets and like little Welcome to l A,
Speaker 2: I Love New.
Speaker 3: York arms and stuff like that. And she had like
Speaker 3: bought up T shirts in there, like you know, making
Speaker 3: making good money, like just taking outside the box. I
Speaker 3: also see no one but you put two and trying
Speaker 3: to do it every time, right, Like, so it's just
Speaker 3: a lot of different things you could you could put
Speaker 3: in there if you like, get creative with it. What's
Speaker 3: the craziest one you've seen? Craziest one?
Speaker 2: You have one on your page when you buy and
Speaker 2: they have gold bars.
Speaker 3: Yeah. I haven't seen that one though, but yeah I've
Speaker 3: seen that. Yeah, yeah, yeah bar.
Speaker 2: You can buy go bars for pieces of gold.
Speaker 4: I don't know why you want to buy it, but
Speaker 4: you know that's just let's go to the machine and
Speaker 4: get some gold.
Speaker 3: Yeah, yeah, but you know, it's a lot. That's a
Speaker 3: lot of crazy ones out there. Man, I've seen something
Speaker 3: for you selling water. I've seen pizza is a piece
Speaker 3: of that. There was there was an article about that
Speaker 3: they're putting that on college campuses. But it makes the
Speaker 3: pizza in like ninety seconds or something. They had a
Speaker 3: planing d machine on college campus another college campus, and
Speaker 3: it's actually not for.
Speaker 2: Well, that's actually honestly, honestly contraception machine. No, that's not
Speaker 2: a bad idea. Now that's the contraception machines is not
Speaker 2: a bad idea. You have condoms, the used to put
Speaker 2: them in a bathroom.
Speaker 3: Remember you used to put a quarter and then you
Speaker 3: don't remember.
Speaker 2: No, I haven't seen it.
Speaker 3: It's a little like you put a quarter and you
Speaker 3: get a contraception.
Speaker 2: That wow, is that is that even legal?
Speaker 3: I know, I know they got them out there, like
Speaker 3: the like here weave and eyelashes, so.
Speaker 2: You know what what about medical marijuana? Marijuana period, that too.
Speaker 3: They got those out in California, they got the America.
Speaker 3: So I'm not exactly sure how those operate because you
Speaker 3: know that's that's regulated. So you need I D and whatnot.
Speaker 3: Security of that machine probably, yeah, that's a little different,
Speaker 3: but they do have dudes out there.
Speaker 4: What about vandalism, Like, if somebody destroys your machine, how
Speaker 4: does that you have.
Speaker 3: Insurance on it? Yeah, I haven't. I had that happen
Speaker 3: before once. But yeah, so basically, if somebody destroys it,
Speaker 3: messes up you just if you got insurance on it,
Speaker 3: then you cover. If not, you know, you can.
Speaker 4: Go through any insurance company. Got closed State Farm and
Speaker 4: then it's literally I'm not sure if it's any I
Speaker 4: know State.
Speaker 3: Farm it's one, but it's this regular, regular insurance companies covered.
Speaker 3: Is it prizy, No, it's not pricey at all.
Speaker 2: It's not you recommend always having that, I would reo.
Speaker 3: I would definitely recommend having insurance. But the thing is
Speaker 3: when you actually go through the process, but picking out
Speaker 3: a good location, if you're meeting the criteria, it's hard
Speaker 3: to do vandalism because if the machine is somewhere open
Speaker 3: and somewhere is you know, it's if it's in that
Speaker 3: And if a place is always you know, has long hours,
Speaker 3: most of some of their security, and mostly nine times
Speaker 3: out of ten that's that been the machine is somewhere
Speaker 3: near that security, like wherever it's sitting at in the
Speaker 3: lobby somewhere, So it's always gonna be somewhere where people
Speaker 3: where people see it. And like it's always if it's
Speaker 3: foot traffic, it's going to be. If it's good foot traffic,
Speaker 3: then people are always going to be around. So it's hard
Speaker 3: to vandalyize, you know, machines.
Speaker 2: With cameras like a school or community center.
Speaker 3: Min's minds happened more so when I had it in
Speaker 3: that hotel, were talking when that when it shut down,
Speaker 3: it was like when I went back there, it was over.
Speaker 2: What's the what's the life span of a machine?
Speaker 3: That's a great question. I mean I have some machines
Speaker 3: I haven't had any issues with like since I had
Speaker 3: and some of them you get it's just like problems.
Speaker 3: I have one machine in particular that's it's always giving
Speaker 3: me a problem. I actually switched it out recently with
Speaker 3: what type of problems?
Speaker 4: Like the mechanical doesn't dispense the merchandise?
Speaker 3: No, So in the machine really is only about it's
Speaker 3: about three parts. You got your your bill accepted. A
Speaker 3: lot of people think like, oh what about that's that's
Speaker 3: one of the questions. I get a lot too. What
Speaker 3: about the cost of maintenance? I don't really Mainly the
Speaker 3: cost of maintenance isn't high at all, Like it's really
Speaker 3: like it's rare that something goes wrong with those machines.
Speaker 3: But you got your bill acceptor your coin mechanism, which
Speaker 3: is where you put the coins in, and then you
Speaker 3: have your your board. So your board is like the
Speaker 3: thing everything is connected to the press east four No,
Speaker 3: but yeah, basically but that that runs to a little
Speaker 3: board that's inside of the machine, right, And those are
Speaker 3: the main three parts that the coils and stuff don't
Speaker 3: really that. Those are run by little motors, but those
Speaker 3: don't really go bad. Those are typically okay with the
Speaker 3: with the the thing that gets the most used is
Speaker 3: the bill accepted because people are always putting the bills
Speaker 3: in there or whatever. I probably switched that out probably
Speaker 3: every like maybe like two years or something. But if
Speaker 3: you're if you're taking care of the right way, you're
Speaker 3: gonna have to do that. I'm bad at that part,
Speaker 3: but you know you could have. You could order a
Speaker 3: thing off Amazon. It's like a little sticky It looks
Speaker 3: like a sticky card. You put it in there and
Speaker 3: then pull it out and it pulls all the dirt
Speaker 3: and stuff out of the the bulletcept that which helps
Speaker 3: it keeps it clean because what's in there is it's
Speaker 3: a reader. So once that reader gets to like dirty
Speaker 3: or too like you know, beat up, it doesn't work anymore.
Speaker 2: So how do you all?
Speaker 3: Right?
Speaker 2: So the money you collect just you know you're going
Speaker 2: in But like the credit card, how that gets goals
Speaker 2: that in that process and that goes like directly to
Speaker 2: like a PayPal.
Speaker 3: Account, it goes directly to the bank account. The bank account,
Speaker 3: so every time somebody uses goes right, in, but it
Speaker 3: goes it doesn't go right in, it goes to that
Speaker 3: that service, It goes to that provider's account. Then they
Speaker 3: have a payout and then they pay similar to what
Speaker 3: you would us like what I can shopify.
Speaker 2: Yeah, like shoot.
Speaker 3: Your payout date and then on those days you get
Speaker 3: paid out for whatever card reader selves that you had.
Speaker 4: What about the process of buying and selling routes, I
Speaker 4: know sometimes you said that if there is a slow time,
Speaker 4: you might want to sell that machine or.
Speaker 3: Sell that route, and talk about that little bit. Yeah,
Speaker 3: So I mean in the business, you know, obviously the
Speaker 3: the bulk of your money is going to come from
Speaker 3: you selling products out of your machine, but it's also
Speaker 3: other ways to make money once you get going, of
Speaker 3: which one of the best ways is, like you just said,
Speaker 3: buying and selling routes. So I might like for the
Speaker 3: perfect the perfect scenario or the best scenario I had
Speaker 3: with buying buying a route and selling it was I
Speaker 3: brought a route for thirty five hundred. Now, originally the
Speaker 3: guy was trying to charge me like seven thousand Ford
Speaker 3: or something like that. I was like, no, I'm okay,
Speaker 3: I'm not even really That's what I'm not really looking
Speaker 3: for anything. But you know, he couldn't sell it. So
Speaker 3: he came back to me. He was like, you know,
Speaker 3: I still got this route. I'll give it to you
Speaker 3: for thirty five. And I'm like, okay, So I'm looking
Speaker 3: at it. It's six it's six Vendom machines, and it's
Speaker 3: three locations. So I'm like, man's that's that's like a giveaway.
Speaker 3: I'm like, okay, I'll take it for thirty five. So
Speaker 3: I brought it. I checked out the locations. Two of
Speaker 3: the locations I didn't I didn't like, so I'm like, okay,
Speaker 3: this location is bad, but it was good machines in there.
Speaker 3: The other location was bad. One location was good. So
Speaker 3: what I did was I kept a good location and
Speaker 3: I sold the other two locations for thirty five apiece.
Speaker 3: So I ended up making a profit of seven thousand
Speaker 3: off of that situation. So that's just another way to
Speaker 3: make money on the back. And so if you're into
Speaker 3: buying routes, like you could just buy a route out
Speaker 3: maybe set you could you could keep the machines, you know,
Speaker 3: sell the machines, or you could just try to sell
Speaker 3: the machine on location, which is easier to sell them
Speaker 3: if they already placed like that that takes work off
Speaker 3: of the next man.
Speaker 2: Is the any way to get a machine for free,
Speaker 2: like financing or pay it back on the back end
Speaker 2: through money that you make and future or no.
Speaker 3: It's a great question. So you can rent machines from
Speaker 3: the same type of people that I talked about before,
Speaker 3: as far as like with the if you're going through
Speaker 3: a vending warehouse, they do allow you to rent machines.
Speaker 3: Sometimes if you look online you can find some people
Speaker 3: that rent machines as well. I don't really suggest doing
Speaker 3: it because it gives you like an overhead you know
Speaker 3: where you know, if that's your way in and that's
Speaker 3: your way you know what I'm saying. But you could
Speaker 3: also once once you get to a certain point in
Speaker 3: the business, like like I mentioned before with Coca Cola
Speaker 3: and Pepsi with one of the one of the programs
Speaker 3: that they have is once you buy a certain amount
Speaker 3: of their product, they give you machines, but it has
Speaker 3: to be on a contract.
Speaker 2: So can you say, like buy their products, like.
Speaker 3: You're putting their sodas in your machine.
Speaker 2: So they got like ten thousand dollars worth of coke.
Speaker 3: It's not ten thousand dollars, but it's like it's definitely
Speaker 3: a good amount, and you have to buy. You have
Speaker 3: to you're committed to buying that amount at least at
Speaker 3: minimum every month. But they'll give you the Vendom machine
Speaker 3: for free because obviously it's helping them, it's helping you
Speaker 3: move that product, you know. But that's the way to
Speaker 3: get through your Vendom machines too, But that's not We
Speaker 3: probably won't do that until, like you know, later down.
Speaker 4: About the contracts. What are the typical links of the contract?
Speaker 3: Is it like six months of the year about two years?
Speaker 3: I do two years two year contract, yeah, two two
Speaker 3: year increments.
Speaker 2: So all right, well that was a lot of information
Speaker 2: for sure. So in the next second, we're gonna bring
Speaker 2: you home, all right, so we're gonna close it out.
Speaker 2: But before I got I got a few questions. So
Speaker 2: all right, it's in schools with kids and stuff like that.
Speaker 2: What's your thoughts on because it's childhood. PCD is a
Speaker 2: big thing, So what's your thoughts on like junk food
Speaker 2: because you can have healthy stuff in there as well,
Speaker 2: obviously not as popular. Do you ever think about that?
Speaker 3: Or yeah, that's something that actually comes up a lot
Speaker 3: of times in the meetings when I'm talking to like
Speaker 3: the potential locations, so they you know, they always want
Speaker 3: the healthy selections, which I'm big on healthy selections anyway.
Speaker 3: Definitely want to give people a choice. So I like
Speaker 3: to put half traditional and then I put half healthy.
Speaker 3: I tried the whole healthy thing one and go that well,
Speaker 3: So I definitely do. I do, like like some of
Speaker 3: my most of the time of vendom machine will have
Speaker 3: multiple roles of like two roaster chips, two roaster snacks,
Speaker 3: and then you got your candy roll or whatever. So
Speaker 3: on my top one, I'll make half of that like
Speaker 3: big or.
Speaker 2: Something like you know, like a power bar something like that.
Speaker 3: Not not not for the chips, but like this like
Speaker 3: something big. And then once we get to like the snack,
Speaker 3: when the candy road, I'll just make sure it's like
Speaker 3: some healthy stuff like trail mix or be like a
Speaker 3: power bar, so it is something something that's you know,
Speaker 3: it'd be good for something somebody grab quick that's still
Speaker 3: healthy for you.
Speaker 4: And depending on where you're at right like that, you
Speaker 4: have to take that into account as far as inventory,
Speaker 4: because like you said, Philly got the sugar tacks, right,
Speaker 4: so when buying stuff.
Speaker 3: You got to take that into account. So and we
Speaker 3: also have also have an old people's home, so you
Speaker 3: know in there, I can't put a lot of sugar stuff.
Speaker 3: So it really just depends on where you're putting that
Speaker 3: machine at. But it definitely, it definitely always comes up
Speaker 3: in the conversation when you're placing the machine. Is having
Speaker 3: healthy selections. Everybody, everybody wants healthy selections. And I think
Speaker 3: that's more so a big wave.
Speaker 2: Now, yeah, in the direction.
Speaker 3: That we're doing as a as a you know country
Speaker 3: as a country is getting more healthy stuff out there.
Speaker 4: So you know, yeah, you are the food source for
Speaker 4: a lot of us, Like we don't have a lot
Speaker 4: of us don't have time to go out for lunch.
Speaker 3: It's like, let me just add something quick, right, and
Speaker 3: you want to make sure they get out the choice
Speaker 3: to get something healthy having to get something you know
Speaker 3: it's not good for you.
Speaker 2: So like ramen noodles and stuff like that. I've seen
Speaker 2: that in there. I had those in there, So like
Speaker 2: what's the what's what's your sweet spot? Like kind of
Speaker 2: you said you don't like perishable goods for obvious reasons.
Speaker 2: Because they expire, just can't they expire?
Speaker 3: Yes, it has an aspersion. It's a long one though, yeah,
Speaker 3: a long like a long time, all right, It takes
Speaker 3: a while, but it really it depends on the conditions,
Speaker 3: like your temperature and all that. So if you in
Speaker 3: the summertime, snickers bar in the sun ain't gonna last,
Speaker 3: you know, because it once it once, it resets most
Speaker 3: of the time when it resets into being like the
Speaker 3: regular form. So it's like like not really molded, but
Speaker 3: it's just like this colored and it doesn't look at
Speaker 3: peeling for people to eat. They're not gonna eat it.
Speaker 2: So you try to have your but it's always inside though, right,
Speaker 2: like air conditioned more.
Speaker 3: But I'm also talking about like storage, so where you're
Speaker 3: storing your too.
Speaker 2: I never thought about that. You gotta store? Do you
Speaker 2: store it or do you just do you just buy
Speaker 2: it as you go?
Speaker 3: I stored, but when I first started out with binding
Speaker 3: as I go, So your your liver was full of boxes,
Speaker 3: you know. So I got a Halloween I gotta spot
Speaker 3: my career wild like something similarly like this area here,
Speaker 3: but like a little smaller. That whole area was filled
Speaker 3: with snatch. Ok. But you know, if you buy it
Speaker 3: that you go, it's a little easier, but once you
Speaker 3: get it down to a science. So the thing about
Speaker 3: buying that you go with you gotta take trips to
Speaker 3: the store every week. Like so you really want to
Speaker 3: figure out how much you need, so you could just
Speaker 3: buy your month's worth and then have it just sitting
Speaker 3: over there in the corner. So all you gotta do
Speaker 3: is grab the stuff and go fill up the machine
Speaker 3: versus multip making multiple trips.
Speaker 4: So a full time day is like, all right, I'm
Speaker 4: gonna schedule. I'm gonna go to this location to refill,
Speaker 4: this location to refill.
Speaker 2: Yeah.
Speaker 3: So it's like all right, so I'll do my day
Speaker 3: before our prep full up, all full up, all my
Speaker 3: my bens. I have bens that I carry the products
Speaker 3: in full up, all my bens. Pick the spots. I'm
Speaker 3: going to just knock the spots down one bout one,
Speaker 3: but I do. I'll pack everything the night before. That's
Speaker 3: the one man show yourself.
Speaker 2: Yeah wow, So I saw you saying like it's far
Speaker 2: the numbers on it, so it's like I think it's
Speaker 2: like under six locations. Is it's well under six machines?
Speaker 3: Let me see if I have it's run down someone
Speaker 3: like passive.
Speaker 2: Passive and Dan, yeah, can you explain that?
Speaker 3: Like the numbers, so it really now honestly it depends
Speaker 3: on your location obviously, but we're talking about this standard average.
Speaker 3: Like if you have around six machines, that's kind of
Speaker 3: still passive, Like that's not gonna take up too much
Speaker 3: of your time, and you know, you can still get
Speaker 3: whatever done. Once you get to like around like ten machines,
Speaker 3: you more so like on like a part time type
Speaker 3: of thing, like if you was working part time, because
Speaker 3: it's gonna take up a little more time as far
Speaker 3: as you keeping up with your products and you go
Speaker 3: into your spots depending on how far your spots are.
Speaker 3: Once you get past like fifteen, that's more like a uh,
Speaker 3: you know, once you get like fifteen twenty.
Speaker 2: It's like a real business full time situation.
Speaker 3: And now you're now you're doing that full time like
Speaker 3: you're making you should be if you're doing the right
Speaker 3: you should be making good money. But that's gonna take
Speaker 3: up a lot of your time.
Speaker 2: So if you have twenty, if you have twenty machines,
Speaker 2: theoretically you should be making like fifteen thousand around that
Speaker 2: at least at least twenty on the good.
Speaker 3: End, at least fifteen at minimum. At minimum, you should
Speaker 3: at least be doing like ten even if you don't
Speaker 3: have good location, like you should.
Speaker 2: Least ten a months right right now. The thing about
Speaker 2: the Vendom machine thing is just an interesting situation because
Speaker 2: it's one of these things where I always say, it's
Speaker 2: never about home runs. It's never about home runs in life.
Speaker 2: It's about base hits. Like if you play baseball, you
Speaker 2: gotta get base hits consistently. And the Venom machine thing
Speaker 2: is like a base hit Like even if you got
Speaker 2: you know, a couple going and you're getting two thousand,
Speaker 2: like that's that's two thousand, like you know what I'm saying,
Speaker 2: three thousand whatever. It's like, Now, that takes pressure off
Speaker 2: of you. That's a nice passive stream of income. You
Speaker 2: build that up, you know, however large you wanted to grow.
Speaker 2: But it's one of these things that's extremely practical. Everybody
Speaker 2: has seen vendom machines or use it or used it.
Speaker 2: It's not rocket science, and it's not really that difficult
Speaker 2: as far as to understand that. The general idea of it.
Speaker 4: Ma people thinking in mind like somebody spent the dollars.
Speaker 4: Somebody spent the dollar twenty five. It's not a lot
Speaker 4: of money, but enough dollars make sense now.
Speaker 2: You know, it's not even about that. A lot of
Speaker 2: times we just mentally priced off, We just mentally psyche
Speaker 2: ourselves out of everything. So it's like you see a
Speaker 2: vander machine every single day. How many people have ever
Speaker 2: thought about owning a vending machine? But I've never thought
Speaker 2: about it. You see it? Why not somebody owns it?
Speaker 3: You're getting killed every summer.
Speaker 2: Somebody owns it. Like you know what I'm saying, Like
Speaker 2: why not? Yeah?
Speaker 3: And I think a lot of people shot away from
Speaker 3: it too, Like even when they think about that idea
Speaker 3: is like they're scared of like the maintenance that we think, Okay,
Speaker 3: well I don't know how to fix it. But you know,
Speaker 3: at the end of the day, you it's not it's
Speaker 3: not too complicated. But for any business, you're gonna have
Speaker 3: hurt us where you have to figure stuff out. It's
Speaker 3: no different than that. Like, so once you once you
Speaker 3: get it going and you run into an issue, of
Speaker 3: course you have to. I mean, YouTube is your friend.
Speaker 3: You probably to find a solution on YouTube. If not,
Speaker 3: find a resource to call in and just watch what
Speaker 3: they do, you know, and most of the time, you know,
Speaker 3: that's that's how I how to fix it.
Speaker 2: Yeah, they're like, I'm going to ask you that, like
Speaker 2: do you fix yourself if you hire like mechanics that
Speaker 2: specialize in the machine.
Speaker 3: So for the most part, I fix it myself. The
Speaker 3: only thing I really I can't fix is the refrigeration
Speaker 3: units is called the compressors. So the compressors are a
Speaker 3: little more complicated. I don't know how to fix those yet.
Speaker 3: But like the builds sceptors and the coin mechanisms and
Speaker 3: like that, that type of stuff, I can fix those
Speaker 3: because it's like it's just a common thing. And that's
Speaker 3: most of the time now times attempt that's what you're
Speaker 3: gonna be dealing with. If something goes wrong. Most of
Speaker 3: the time, it's just like a dollar got stuck, or
Speaker 3: maybe your your bill accepted one't bad, it's just screw
Speaker 3: it out, put a new one in, screw it back in,
Speaker 3: like that type of thing.
Speaker 2: What's the best what's the best item invented machine history?
Speaker 2: Peanut eminems for.
Speaker 3: Snacks, for drinks, pepsi and pepsi cells like like nothing else, whatever,
Speaker 3: whatever you sell them on everything else. Pepsi is gonna
Speaker 3: sell dub pepsi selves more than coke pepsi something wasn't anything.
Speaker 3: Pepsi really everywhere, like everybody I know would do.
Speaker 2: It more than water.
Speaker 3: Yeah, your largest profile, you know item is water, though you.
Speaker 2: Make the most water for water.
Speaker 3: Yeah, but pepsi sells like nothing else. Peanut eminem so real.
Speaker 2: Well to what's what's your favorite?
Speaker 3: My favorite Skittles, starbirds and Peter Eminem's.
Speaker 2: You know, I don't even know if I even had
Speaker 2: Peanut Eminem.
Speaker 3: I don't like him personally, and that's and that's what
Speaker 3: kind of messed me up the first time. I was like,
Speaker 3: these ain't good. But when I was stocking, the combination
Speaker 3: of the pepsi and the peanut M and.
Speaker 2: M but but but crunch, butter crunch cookie sign you
Speaker 2: got the machine though it should be. Those are smack
Speaker 2: pay day Payday candy bars.
Speaker 3: That's a that's a niche thing.
Speaker 2: And oil and vinegar chips.
Speaker 3: That's another niche chip.
Speaker 4: That's that's the tip that gets.
Speaker 2: Niche oil because elite that's the lea.
Speaker 3: That's the lea red bag of doritos. Yeah, that's going
Speaker 3: those are moving the black popcorn chip back. That's another item.
Speaker 2: The cooler ranch playing cooler ranch.
Speaker 3: Playing not really lays. People like well, and where I'm at,
Speaker 3: people like the hers like playing hers, those playing ships
Speaker 3: Doritos press also pressure pressures are depending where they at.
Speaker 3: But the do rito's, the pena Eminem's, Pepsi, that's selling
Speaker 3: no matter, no matter I call those like staple items,
Speaker 3: like those items will be in the machine no matter
Speaker 3: which I see.
Speaker 4: Sometimes they'll put like the Eminem's in one row and
Speaker 4: then like put them at the next row too, just.
Speaker 3: Because because they sell, like because if you don't do that,
Speaker 3: you're gonna run out, like so that that's gonna run
Speaker 3: out before. It's like a pepsi and most of the
Speaker 3: time you have two rows of pepsi. And because just
Speaker 3: because it's going to sell faster than anything that you
Speaker 3: have to come back once it sells out, right, you
Speaker 3: might even have to come back. It's just going to
Speaker 3: sell out, and then you'll be you could be losing
Speaker 3: out the money. If that person only came to that machine,
Speaker 3: they can get some pena eminem's. They like, I don't
Speaker 3: want nothing in the type of thing.
Speaker 4: Are you moving into other things to put in the
Speaker 4: venting machine, like it is there other items that you
Speaker 4: see in the future, like you know what, I might
Speaker 4: want to go that route.
Speaker 3: No, I like, I like keeping it traditional. But I
Speaker 3: do see, you know, I'll see a lot of things,
Speaker 3: you know. I see people coming up with that's real creative.
Speaker 3: I see some celebrities coming out with different ideas. I
Speaker 3: know Calie Jenner, this launched like a in the machine
Speaker 3: with one of them had yeah, the other one had
Speaker 3: like a or makeup line, which I know is big.
Speaker 2: That's not a bad idea either makeup little stuff like
Speaker 2: that like chapstick and things like that where it's like
Speaker 2: you want to run. That's not a bad idea. But yeah,
Speaker 2: you're never gonna lose with beverages, especially beverages. People always
Speaker 2: drink stuff candy. It's kind of like it's like a
Speaker 2: no brainer.
Speaker 3: In the words of Mike, I'm addicted to candy. They
Speaker 3: always gonna be in business with them. My graduates from
Speaker 3: my school being force back drop.
Speaker 2: Bag Drop, Mike, drop back drop drop.
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