Part 6/9:
With an initial investment of $6,995 into the school location, he begins to analyze how long it will take to recoup that investment. With 80 staff members at the school and a conservative estimate of selling eight items per day, he predicts a profit of approximately $8 daily after accounting for costs. Over the long term, this could mean a break-even period of about 28 months—an indicator that profitability may take longer than anticipated.
However, when comparing this new venture to his thriving Turo car rental business, it becomes evident that the vending machine location may take a while to catch up. While his car rentals have proven to be more lucrative thus far, the vending machines have a longer lifespan, presenting a potential opportunity for sustained income.