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News, views and ideas on managing your Planet Antares vending business.

Tuesday, September 8, 2009

Acquiring an already established vending route

If you have sufficient funds and resources to expand your present vending business, then the best and most appropriate way to look out for is to buy an already established vending route. This is going to be a wise decision as you will end up saving a lot of time and effort. Moreover you will not have to market all that bit again as this would already be established and will have a customer base as well. However, not every vending route would be good for you, so you may want to go through some points below before taking the decision.

1. Find out about the legitimacy about the vending route you are looking to buy. There are many scams operating even in the vending business, so it is always good to be sure. Check all legal documents and consult your legal advisor before making any decision.

2. Find out how the vending machines are faring. Make sure that the vending machines are in good condition and are branded like that of Planet Antares. Make sure that there are not many machines that need to be replaced.

3. Drive down to the vending locations and find out the actual condition of the vending machines. Also make sure that you get to know the goodwill of the owner of the vending route.

4. You can’t purchase a vending route without actually knowing about the profits being earned by the present owner. Make sure that the business is already in profits and there is scope of increasing profits. Try to understand why the present owner wants to sell his route.

5. Negotiate the deal considering all factors. Calculate the present productivity and the cost you will spend in buying new equipment and maintain the old.

6. Check if there are any commitments made by the present owner to its customers. If there are any, you will have to fulfill those commitments as well. This is going to be a big factor while deciding upon.

A reputable Planet Antares vending business would be great to invest in because the vending machines are long-lasting with excellent mechanisms that reduce the probability of break downs. In addition to this you will reap the benefit of Planet Antares vending program, which is a proven way of leading a vending business to success.

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