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Old 01-06-2007, 04:07 AM  
JFK
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Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
Quote:
Originally Posted by KaLi View Post
Money comes in the long run. If you are a good salesperson and can market you way to business owners, you can get an excellent location and charge $2 per swipe. The money comes in the long run...

Lets say you charge $2 per swipe and get an average of 30 transactions a day.

Thats $60/day and $1800/month.

Lets say this continues. You make your money back in just over 2 months.
Now lets say you buy another machine, and your sales keep steady (which is the case 99% of the time).

Eventually, you own 5 machines making an average of $1800/month each. Who wouldn't mind sitting on their asses making $9k a month?

And if you are wondering about fees, very minimal. Even less if you don't use an armored car to load it.

Anyone still think its a bad investment?

;)
sounds GREAT in Theory, BUT you still have to find that good location in order to do proper #'s. Its like a vending machine, they are all over and just because you have one it does not mean the cash will start flowing. Btw the prices have come down greatly from a few years ago, when I looked into it. It used to be like 15k for one of the machines back then.
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