Winning a vending location that already has a vendor is tough but not impossible. You just need to figure out when their current contract actually lets them make a change. Every contract has an expiration date, exit clause, bidding schedule or renewal notice window. I’ll walk you through how to find which rule applies to […]
Vending Machine Commission Rates: What to Offer and How to Negotiate the Placement
When offering vending machine commission rates, you need to check sales percentage, fixed rent or tiered payment. But standard commission rates are estimated from 5% up to 20% of gross sales per month. If it’s a small or amenity-based location, then the rate can be 0%. So to negotiate the offer start your financial offers […]