Can candy gumball machines be profitable?

Discussion in 'Archived Threads 2001-2004' started by Van Patton, Dec 19, 2001.

  1. Van Patton

    Van Patton Second Unit

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    I'm currently 16 and am thinking about buying 2 or 3 of these .25 cents machines to place strategically (Bush) around town. With an upfront investment of around $400.00 will I see gains within 2 months? I got this idea from A Robert Kiyosaki book. I'm not looking to get rich quick moreso just a steady income with not too much lost.
     
  2. Bill Balcziak

    Bill Balcziak Supporting Actor

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    This is probably not a money maker. If it was as lucrative as the gumball machine makers want you to believe, they would be doing it instead of selling gumball machines. [​IMG]
     
  3. Frank_W

    Frank_W Stunt Coordinator

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    Actually - here at Navy Pier in Chicago they have a couple

    of these huge gumball machines that make a few thousand

    dollars every quarter. It's just that the people who

    have any type of business here are connected in some way

    to the mayor.

    The problem is not buying them but getting through all

    of the political hurdles of where to place them. You

    either know people of you don't.
     
  4. Mike Huay

    Mike Huay Stunt Coordinator

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    It may take you more than a couple of months. Try dry cleaners or other places where kids get dragged along. I knew a guy who had 10 of these, worked a few hours a week keeping them up and he made about 800 a week.
     
  5. Jeff_P

    Jeff_P Stunt Coordinator

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    Van Patton,

    I know a guy that owns 2. He placed one in a pizzaria and the other in a cell phone store. He told me that he picks up about once a month and makes about $125 a pickup. He splits some of it with the owner of the shop. He picks up the gumballs at Sam's Club or BJ's. From what he told me it cost him about 3 to 5 cents for each gumball and he cells them for a quarter.

    I would do this on the side if I knew a store owner that would want it in their store. I would not want to risk putting a machine in somebody's store that I didn't know.

    Jeff_P
     
  6. Ryan Wright

    Ryan Wright Screenwriter

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    Sure, they're profitable. Not hugely, but you may get a couple hundred bucks a month out of one. Remember that you need permission to put them anywhere, and you will have to split some of the money you make with the owner of the establishment. If you just stick one somewhere you'll probably lose it.
     
  7. Jay H

    Jay H Producer

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    Make sure you get those "eyes of terror" ones I love..

    They little eyeballs (a little bloodshot though, could use some visine) are just so cool!

    Jay
     

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