How we secured this location is just pure luck! Right place at the right time. "Luck is a by product of hard work"
We were waiting for our KBBQ Spot to open so we could service a machine, in the meantime we went next door to a boba shop and ordered a drink.
Started making cold calls while waiting and got about 20 No's from owners.
Later on we get a call back from a business owner who overheard a conversation we had while cold calling... next thing you know, we are placing machines in our #1 performing location...this location will make over $2k gross per month...
The Numbers:
Total for January 2024: $2118
Cost of goods (15%) -317.70
Commissions (20%) -$423.60
Operations (10%) -$212
Total Profit: $1165.30
We expect this location to roughly bring in $14000 to $25000 in Profit for the year.
The Customer Profile:
1.) Middle Income
2.) Family Oriented
3.) Tons of Children
The Machine Setup:
1.) We chose to go with 2 Megaminis
2.) Side by side with Nayax Card readers.
3.) $1.00 per play
4.) Nayax Settings $3 minimum, $3,$5,$10,$20 (Ask Nayax to use the Toybox Settings if you want to copy our settings)
Inventory Setup:
1.) Machine #1 - Mix plush with This layout of Expensive and Cheap items.
2.) Machine #2 - BTS/Sanrio/Cute Pink purses
The Results of these 2 machines speak for themselves!
1 comment
That’s a huge victory! Congrats! Ide rather have 10 locations making 1000 a month. Cuts off mileage, wear and tear on vehicle, less dealing with more owners, less confusion. Easier to properly plan.