Full Thread: Gumball machines.
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Old August 25th, 2004 #4
Single White Mogul
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Quote:
Originally Posted by Opus X
http://www.gumballs.com/gumball-machines.html

I was looking at various gumball machines and would be a long-term yet steady income. At first they might seem expensive but if you find certain spots in malls, doctors offices, lawyer firms, place extremely boring yet one of these would meet everyone's eye head on. Sure you could only cash in on these machines a few times a month, but we perhaps you could get personalized gumballs such as www.govnn.com, www.whiterevolution.com, ect. Would this be practical? Or would this be too much of an expense and not worth the risk? I was considering perhaps 6 four hundred dollar ones, and places them strategically throughout my town.
Great idea! By my calculations you could make back the initial investment in 2-3 months:

$639 for five machines (including costs related to shipping and stands)

$.25 per gumball in gross revenue
-$.5 per gumball in costs for materials
-$.5 per gumball to owners of retail space

$639/$.15 = 4260

At ten gumballs per day per machine, you make your money back in ~85 days
At fifteen, you earn it back in ~57 days

Again, great idea. I'm not sure about the stickers, though, as they could cause less enlightened customers to complain.

Last edited by Single White Mogul; August 25th, 2004 at 01:31 AM.