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There has definitely been an increase in products pricing, but at the same time there has also been an increases in fuel. Operating costs have increased in other sectors as well. Retail vend prices took low percentage point increases in some of the major categories. This reflected selective increases on an account by account basis as opposed to “across the board” increases. The price gains are usually only a few cents on average inmost cases. The location of your facility can also be a factor in the quality of employees that are willing to work for you.Īntares vending operators have raised their prices in some product categories, but the price increases are not enough to offset the losses in either per-location sales or machine placements. A lower cost facility in an area of town far away from your home may actually cost you more money than a more expensive facility located near your home. When choosing a location for your Antares vending operation, you need to do it carefully. This would of course mean having the proper planogram for each machine to allow it to be filled minimally at the 50 percent point. Concentrate on achieving higher sales per week per route by servicing the equipment only when it needs to be filled. A focus on a higher drink product mix will allow you to have a gross margin above 50 percent. The key to a successful Antares operation is controlling your costs, maintaining adequate vend prices and managing your machine product inventory for optimal sales and route labor costs.Ī good example would be selling high quality service versus lower prices.
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How fast you plan to grow and how long you wish to stay in your new facility also factor into the size of the building and the associated costs with the size of the building and lease period. When planning for a new facility for your vending business by Natural Choice USA, plan for future growth and a larger inventory of machines.Īlways keep in mind that as your business continues to grow, so will the need for extra space for inventory. If one account represents a large portion of your total sales, you could be in trouble should you lose that account.Ī number of vending operators have claimed that no matter what size their business is, their facility is not beg enough. Your account base needs to be diversified. To move your vending business out of the home, you will need to look at the costs associated with moving your business outside your home. Most operators have opted to rent a section of a “strip warehouse” along with other small businesses. Moving your Antares vending business into a separate building is one of the first decisions that you will have to make as you grow your business. What to Consider When Moving your Vending Business
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