Planet Antares Is A SCAM – Avoid Them

Buying an Existing Route

An effective way of establishing a vending business is by acquiring a Planet Antares existing route. This would save you the hassle of looking for a vending machine distributor and supplier. An existing route would already have all that. In other words the business is already established.

When you are buying an existing route the first thing that you would need to consider is the equipment. The equipment should be able to function for another five years easily. This is the reason why an existing Planet Antares vending business would be an ideal business for you. These vending machines are known to be durable, so that means that they will not let you down, no matter what their age.

With an existing vending route, you will also need to make sure that the vending machine can take dollar bill validators that are up to standard. To update an entire route with validators and coins acceptors could end up costing you a lot of money. This is something that you would not need to worry about with Planet Antares vending machines.

Before buying an existing Planet Antares route, you would need to make sure that the vending machines have been well maintained and that each location is pleased with the vending machine that has been placed there. This would help you determine what kind of business, the previous owner was running. It would also be important for you to find out if there were any prior equipment commitments made to any of the locations that you would still need to honor. You can consider these as additional expenses that you would need to anticipate as you gain ownership. The seller of the existing route should provide you with the sales and expense history of the route.

Get the assistance of an outside accounting firm to conduct an extensive audit on the projective revenue figures. The accounting firm can verify each location’s potential sales, calculate the depreciation value of the equipment and then finally suggest a fair purchasing offer. An acquisition of this kind would require a large amount of capital that can easily exceed $100, 000. You should also have the seller of the vending business sign a non-competition agreement to protect the security of the locations that you will acquire.

posted by Larry Bunker @ 4:16 AM