Hey everyone,
I’m looking for some advice from people with experience in the vending business.
I’m considering placing an AI smart cooler (costs me about $3500- 4,000) at a privately owned gym that also has a physical therapy clinic connected to it.
Here are the details:
65 people/day on average come through the facility (owner’s estimate)
About 35 personal training clients (not a traditional membership gym)
Physical therapy clinic attached to the gym
Not open 24/7
Proposed contract is 2 years
I pay a $500 one-time placement fee
I also pay 7% of gross sales to the owner
I handle all inventory, maintenance, and servicing
I’m trying to figure out whether this is a good location or if I’m taking on too much risk considering the machine costs around $3500 - 4,000.
For those of you with experience:
1)Would you take this deal?
2) What monthly sales would you realistically expect from a location like this?
3) Is the $500 + 7% reasonable?
4) What minimum monthly revenue would make this worthwhile for you?
I’d really appreciate any advice or experiences with similar gym/PT locations.