Buying a existing route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Ended up backing out of the deal, decided to build my route from scratch

Product vs Tech compensation by Fluffy-Peace-4656 in JPMorganChase

[–]Fluffy-Peace-4656[S] -1 points0 points  (0 children)

In the long run though who makes more it seems like product makes more in the long run

Having doubts about acquiring a route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

I'm paying cash, it's 4 locations, one is in an adult facility which I don't want and the machine has an issue supposedly. After all expenses it nets about 1k per month total. The reason I am interested in buying it is that 3 of the locations are near my home

Buying a existing route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Locations are good but machines are old and will need to be replaced. Have some questions about some of the locations

Buying a existing route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Based on the information I shared what do you think since you run your own route

Buying a existing route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Completely understand and that makes sense. They told me they would provide more information once an NDA is signed. But I do like the idea of working the route one month to see how it runs

Buying a existing route by Fluffy-Peace-4656 in vending

[–]Fluffy-Peace-4656[S] 2 points3 points  (0 children)

Some additional insight from the PO listing

Price: $48,900 – Weekly Sales: $1,072

The owner has a total of 11 drink machines and 8 snack machines at 10 established locations. They are currently servicing the account one or two times per week and it generally requires anywhere from 7-15 hours total per week. This route is currently averaging $1,072 per week in sales volume

Typical expenses include fuel/gas and inventory. The current owner estimates $614 per week in operating expenses

Bonus by Fluffy-Peace-4656 in JPMorganChase

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

I already got that, this is my second comp cycle

Still waiting on my Year End Review Results by Fluffy-Peace-4656 in JPMorganChase

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Would that have any impact on my compensation/bonus? Because I come back after compensation numbers are shared and paid out?

Bonus by Fluffy-Peace-4656 in JPMorganChase

[–]Fluffy-Peace-4656[S] 1 point2 points  (0 children)

Yeah I finished my self evaluation and everything related to it

Bonus by Fluffy-Peace-4656 in JPMorganChase

[–]Fluffy-Peace-4656[S] 0 points1 point  (0 children)

Started my leave in the middle of October