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I have 3 machuines and get $93,0 per mth
If he sells 30 cans or 3000 I get the same amount
Originally posted by fredo
I can provide details of the vendor if you are interested He is in Mt Waverley Melb
Regards Fredo
Originally posted by Kevmeister
I just revisited this thread as I was thinking about it lately.
Fredo states he gets a 20% gross return per annum.
What is the typical lifetime of such a vending machine?
If based on the lifetime of the vending machine we factor in depreciation then what is the return then?
We shouldn't forget that despite getting a 20% gross return the plant itself is depreciating to zero value.
And (just to maintain a connection to Real Estate), if the machines were purchased with 80% OPM (other people's money), what would the returns be like then?