How Much Can I Earn?
Because the Mini Max Profit Centers are placed in the best locations ever for maximum visibility and exposure on countertops,sales should be way above average so in saying that have compiled a realistic Projection of earnings for the Mini Max Profit Centers.
Gross Net Profit when the Product Globe empties for M&M®’s is – $39.75
Gross Net Profit when the Product Globe empties for Skittles® is – $34.25
Assuming these are the two products handled lets draw a line down the middle for a median average of $37.00 Gross Net Profit per Product Globe.
That equates to approx 220 vends or sales.
1 Mini Max Profit Center
Sells 14 Candies per day x 30 days per month – 450 sales
Product Globe empties twice x $37.00 = $74.00 Gross Net Profit per Month
Annual Gross Net Profit from 1 Mini Max Profit Center = $888.00 Gross Net Profit per Year
Cost/Profit Analysis of Skittles
Case Cost – $121.43 (may vary from each wholesaler)
Case Weight – 11.33 kgs or 25#
Mini Max Globe Product Capacity – kgs or 3.4#
Pieces per # – 419.52
Pieces per Filled Product Globe – 1,426.37
Recommended Pieces per Vend – 7
Cost per Piece – .0119
Cost per 25 cent Vend – .0833 cents
Gross Net Profit Per Vend – .167 cents
Total Vends Per Full Product Globe – 203.77
Total Cash When Product Globe Empties – $51.00
Cost to Fill Product Globe – $16.75
Gross Net Profit When Globe Empties – $ 34.25
Cost/Profit Analysis of M&M’s
Case Count – $154.44 (may vary from each wholesaler)
Case Weight – 11.33 kgs or 25#
Mini Max Globe Product Capacity – kgs or 3.4#
Pieces per # – 510.2
Pieces per Filled Product Globe – 1,734.7
Recommended Pieces per Vend – 7
Cost per Piece -.013 cents
Cost per 25 cent Vend – .09
Gross Net Profit per Vend – .16
Total Vends per Full Product Globe – 247.81
Total Cash When Product Globe Empties – $62.00
Cost to Fill Product Globe – $22.25
Gross Net Profit When Globe Empties – $39.75
Net Worth Evaluation
Businesses are valued at approximately 3 times their Gross Net Profit per Year.
Based on these Projections and Net Evaluation formula if your Mini Max Profit Center averaged 14 sales per day each Mini Max would have a resale evaluation of $2,664.00 Filled with Product and on location.
Your Net Worth would have then increased more than 8 times in only 12 months plus you would have created a steady ALL CASH INCOME of $888.00 per year per Mini Max Profit Center that demands very little of your time to service. Plus all the tax benefits you receive by owning your own home based business.
This is a good average to base all of your future earning projections on. You can take these projections and multiply them by the number of Mini Max Profit Centers you want to start with to give the type of income you are looking for. This will help you to choose the package size of machines based on your budget that you will order.
The Gross Net Profit Analysis above are based on a .25 cent vend price – 7 pieces of Candy (M&M®’s or Skittles®) per Vend less product costs of approx. .085 cents per vend. These figures do not take into account transportation costs, labour, locating fees (if any), taxes and any other related business expenses.
The above analysis is for demonstration purposes only and is not intended to be in any way a guarantee. You may do better or worse than these figures.