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Thanks.

My thoughts exactly.

@@J-A-Y-W-A-L-K yes I am a stealth mudder focker! 😆I got several locations where I left a machine in a safe location where no one suspects it is there with out permission. I also have locations where I have misled the receptionist or employees to believe I got permission and know they don’t care or know how to find out if I have permission. Never been busted yet in all these years yet.

@@gumballgold I love it! work smarter not harder. I wish you would upload videos of you filling the machines during collections, believe it or not I enjoy watching machines being refilled. Also makes for longer videos with more room for ads. Keep up the great work and content!!

Thanks I love you too! I recommend selling gumballs at fifty cents and I have been doing it with dozens of machines going on two years. And finally I am upgrading all my Rhino triple shops in the next two weeks.

@gumballgold Thanks! One more question will the toys in this video dispense out on machine made for 1 inch gumballs or do I need acorn capsule machine?

@@spencerjoyner1622 yes but you have to take the riser out to insure no problems with acorn style capsules. The capsules in this video are the same size as gumballs. Thanks for your question.

In this economy you need to get started wisely. So please join my Facebook group Bulk Vending and we will help you every step of the way. Thanks for watching and commenting!

I wil! Thanks for watching and commenting!

Before the bad economy, the rule was half an ounce per quarter. But now a days loose candy sells very slowly as it had in the past. But really sells slowly today with less profit. You have to charge fifty cents a turn to make a profit slowly. Now gumballs sell very quickly and at fifty cents a turn. Thanks for watching and commenting!

He just bought the route with the machines at this point. He said he will turn the eight selections into four and etc.

Christ is King

@@gumballgold Amen

I have the PDF file on my laptop of Concord's products with a link to their website to place an order. Join my Facebook group Bulk Vending and a member will share it with you. Out of curriousity I just googled how to order gumballs from the company, and you are right! Very confusing tactics by google to not make the search inaccurate and misleading. Thanks for your question.

I don't pay any commissions from none of my locations. If it is brought up, I refer them to a Google search for the monthly profit of a gumball machine. They always find it to be ten dollars a month. And I always offer ten percent. So to them a dollar a month isn't worth asking for. Thanks for your question!

@gumballgold thank you. Your channel is very helpful. In one of your other videos I recall you saying you don't have to pay taxes on bulk vending is this true? Can you do a video on taxes for bulk vending?

You have to get your own tax expert for your best interest. My expert says that my bulk vending can be classified as a hobby because of the way I run it and my choice.

What about location agreements? Do you use those when you place a machine at a new location?

I don't have any location agreements. Those scare the owners away as a fellow RUclipsr found out. The channel is calle Get Lit With Shay and in the video she is calling locations instead of going to them. After many hours of being turned down she finally got a yes from a very good location. And when she delivers the machine she asked the owner to sign a location agreement and the owner told her to take her machine back out. Now in full line vending these types of agreements are the norm. Thanks for watchine and your question!

I trust your judgement, but still claw machines won't fit in a Corvette. Thanks for watching and commenting.

@gumballgold ship them directly too the location, a mini claw machine could fit especially if you order the ones from China it's a two part peice a counter top claw machine and a stand depending on which year n model corvette it may be able too fit one mini , then from there all you'd carry is a garbage bag full of plush toys n afew prizes the newer mini machines are really well built n have minimal maintenance some are made by the same companies that make gumball machined where there's a will there's a way the new machines are much nicer and smaller rhino makes some think about the prize inside and in the prize locker at the top nobody wants a boring cheap prize grab their attention it's less work once you have them placed I usually do one mini for bulk mixed candy and one for mini plush with a $50 gift card or air pods at the top prize locker a throw afew eggs in with anything from a key too the locker box too $1, $5, $10 bill it's exciting as you make it or it can be a money pit if you treat it like the vendors in your video did if this is how they operate I'd be shocked if you couldn't seize all their accounts n produce afew hundred dollars a week per machine all cash..worse case scenario try afew machines 1-3 if it fails completely auction it off in someway too your subscribers but I think you'll do just fine if you treat it with proper integrity alot of people think it's just a gumball machine or claw machine or soda machine but if done right it's still a thriving business but many people have a poor location , a broken down old disgusting relic of a machine, and cheap tacky low quality product and prize selection quite frankly if they made their machines $.5 per play they'd still see little increase in revenue too many vendors stock the most generic low quality products I've seen it in gumballs too claw machines.

Great advice but I'm still working on putting a gumball machine in every high foot traffic business in north central Mississippi. The profit margin from selling a gumball for fifty cents is a lot higher than any other type of vending. Oxford is a economic boom town in this inflation times with more people and business every week. And so far with no competition I have a monopoly. I am debt free and love to travel as a hobby and getting into any other type of vending or cranes would become a job. Just sticking to gumballs I can travel for months and not have to worry about servicing my machines and etc. When I get back home I will have more "grand opening" businesses to pitch. Also there is a new bulk product coming out very soon that will make my pitches turn into yeses. After securing all of my near future locations I will head south to Water Valley, Mississippi, Taylor, Mississippi, and some other towns and monopolize those as well. So I'm not going to veer off course of my mission for a long while because this business plan is just way too profitable

@gumballgold yeah gumballs are a classic simple high margin commodity it's hard too beat but remember sometimes people spend $3, $5 , $10 before winning any prize at all that's a 100% margin my product cost with quik books comes out too around 10-15% but I do pay 30% of revenue too my locations alot of things in the bulk candy world & bulk vending world have huge potential pull I love the content n respect the hustle. Maybe the timing isn't right for you right now but I definitely think at some point you should give a new mini claw machine a shot if you have a solid location but gumballs are a true classic that & who dosent love some peanut m&ms for $.25-$.5

Yea, your profit margins are OK. But I don't pay commission, or a vending tax of a hundred a year because my machines don't plug into the wall for electricity. I also don't have the expenses of creating an LLC, business licenses and etc. Also the big bonus of not paying income taxes because my accountant says this venture is classified as a hobby. I love that because the federal government doesn't have my interest at heart and funding Ukrane and etc. Gumballs checks all my boxes for income, morals, taxes, freedom of time, no debt, depending on employees or people in general, selling a product that appeals to everyone and not to a cub culture, and the list keeps going. Social Security is in trouble and I don't see a way for the politicians to fix it for years. So when I do reach retirement age, I will have a very large empire of little workers paying my bills while I travel.

Yes, I have upgraded all my classic and pro models with fifty cent mechs. And I was promised that fifty cent mechs will be avialable very soon for my Rhino Triple shop machines. So once I upgrade on the Triple Shops all of my machines will be selling gumballs for fifty cents by the end of summer. Thanks for watching and asking a question.

I have always wanted to try them and once in a while price check their website. But every year in June they want to celebrate the prison wallet. So I suspend buying from them until next June to see if they are still into it. This year they only mentioned it once on Facebook vaguely. And just being vague is enough reason to wait another year to see where their morals and values are. Thanks for commenting!

@@gumballgold well i only have 1 location ive had for prob 10 years i always buy from A&A when i need gumballs 🙋‍♂️

Yes I have lots Rhino triple shops at locations. And I was promised several times by candy machines that fifty cent mechs will be available in July or August. They have sent me a picture of the mechs that you can see in the community section of my channel. I am currently rotating the machines home and removing the twenty five cent mechs.

Thanks

Sounds do able.

Good point!

Yes, there's two placards in every case.

The company is no longer in business making these machines. And back in the day the company didn't make fifty cent mechs or thought of it because vending products were cheap enough to make a massive profit. Also to my knowledge there was never after market parts or mechs ever made for Vendstars. Thanks for your question!

I have seen those machines and wouldn't mind owning a few. But I wouldn't want the machines with credit/debit card readers because my business model is all cash. Bill accepter is fine, But I don't want to pay the city tax on vending machines if they plug into the wall or have a company bank account with evidence of income for the IRS to access. For now I want to keep the status of this income stream as a hobby so I don't have to pay income taxes. It's a moral thing for me because the federal government doesn't have my best interest at heart. So I can't morally feed it money.

@gumballgold not a taxe expert by any means but I know alot of vendors aren't paying taxes , even with regular nayax deposits I doubt you'd trigger any red flags people are sending several trillion through cash app I was turned off by credit card reader and processors costs too. But I think if you had a great location that's far from home the nayax reader could be a blessing in disguise. But yeah I get the moral argument but I wouldn't sweat it they will never get their full share even if machines go cashless . But I'll admit none of my locations warrant something of this cost n capacity. Buy imagine a busy outta state mall location you could drive up 4 times per year n have a nice roi!

Good eye. It was a long time ago when I recorded this and I can’t remember if he did it because he was going to throw out the product because he just bought the route.

Very good. Just keep trying different product with the lower income location to bring up sales.

These capsules come loaded.

I don't have personal experience with the Oak brand. But I do have friends that do and have been using them for decades without problems.

Thanks for watching and commenting. I used to keep it lower but lately I’m afraid the air conditioning will be heard.

You're welcome!

I think most of it can be 3D printed. But not the clear part.

@@gumballgold Just use transparent filament

@@nathandepauw9011 thanks.

@@gumballgold np, I recently got a ton of vendstars for cheap and I've been able to 3d print pretty much everything.

@@nathandepauw9011 I recommend printing a fifty cent mech and make a lot of money.

Yes and those locations I switched over to one inch capsules with toys and popping candy.

@@gumballgold what percentage of places that you have gumballs asked you to remove them and switch to capsules?

So far just two have asked me to stop selling gumballs and candy. So less than one percent.

@@gumballgold nice, thanks for answering my question 🙏

I'm sure there is two inch capsule jewlry. Check out the distributor's websites. Thanks for commenting!

You could do that. But I'm just going to mix it as evenly a possible. Thanks for commenting!

Thanks!

Yes I got a lot of tips for getting locations. I will upload a video soon about it and I recommend joining my facebook group bulk vending so the members can share their pitches also.

They should since Puerto Rico should have statehood.

Thanks! I would try eBay or FB market place to find a like new condition one. That's how I got about a third of mine. Now for brand new, order one and have it shipped to an American friend who will turn around and ship it to you. I believe Canadian quarters will work in the mech. If not, a Canadian Beaver mech will fit a Rhino. Thanks for watching and commenting!

Thank you very much!

Thank you 🤗

Thank you so much for subscribing and commenting. Too much information for me to answer your question in this reply. Join my facebook group called Bulk Vending and we will answer all your questions. Thanks.

Thanks!

I recommend fifty cent mech to keep up with the economy and profit margins. Thanks for commenting!

I don’t claim it as a business but a hobby. See if that works out for you to avoid all headaches and expenses.

I do too. Thanks for commenting.

I totally agree 👍.

No sir. He knew that I would be gone for three weeks. According to the law at that time I had two weeks to notice missing fixtures and inventory missing to fight against it. A year later he went bankrupt and put all my property up for auction and I had to win most of my property back.

@@gumballgold moronic law

True.