Quote:
Originally Posted by Relish XXX
Look at it this way there are 20,000 vending machines now supplied by my company across Europe. If each one only does one sale per day that is 200,000 euros per day. the outlet get 100,000 euros. I am still left with 100,000 euros $130,000. most vending machines do 10 sales per day average.
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A ?10/$13 per sale in a vending machine!?! Actually the Euro is more like $1.42.
So you sell ?200,000 a day, less location cost of 50% leaving you with ?100,000 gross. Then there's the cost of goods, the route drivers, the distribution network. Tack on licenses, permits and VAT, leaves you with much less than ?100,000. More likely about 5% EBITA.