Candy King - Success in Vending
Do you have 5 - 10 hours a month to devote to
earning extra income? If so, Candy King of America might be the
business opportunity for you. This month Food Restaurant
Franchises spoke to Stan Gladstone, CEO of Candy King
of America, about the company's high margin, home-based
business.
Vending
today is a multi-billion dollar, growth industry. In fact, every
day, nearly 7 out of 10 people will do business with some form of
automatic merchandiser. Candy King's distributors follow a very
simple model with no selling, no cold calling, no negotiating and no
hidden costs. When the distributor signs up, Candy King sources
locations in the area to place the machine, making it a completely
turnkey opportunity. The Candy King of America distributor visits
each machine once or twice a month. The machine is emptied and the
money removed and then the machine is refilled with product. Stan
estimates that these service trips take approximately 20 minutes for
each machine including drive time.
The average Candy King distributor is 35-60 years
old. Most are families looking for a secondary income or people who
are being downsized or retiring. "It's a home-based business and a
lot of women do this. I like to call it 'Light collar vending'.
There is no special vehicle, no heavy sodas and it's not very time
consuming."
We asked what Stan looks for in the ideal
distributor:
"People that have good business sense and are
family oriented. Distributors don't have to have sales ability. We
get the locations and you can be as big or as little as you want."
Your area is literally packed with locations that
provide opportunities to make residual income through vending. Some
examples are amusement parks, car washes, malls, supermarkets and
service centers. Basically, places where people wait a while or
large and small businesses all offer potential vending locations.
With a 25c sale, Candy King of America's machines
generate $240 per vend. As the product cost is just $48 to fill the
machine, that's a massive 500% gross profit per vend. Once your
"Candy Kingdom" kiosks are on location, they do most of the work for
you. The machines are always on the job. Day in and day out they are
offering your products for sale. In addition, the vending business
offers immediate cash-flow and has proved to be highly recession
resistant. Through good times and bad, people have continued to
patronize vending machines.
We asked Stan about the main benefits that
association with Candy King provides and he mentioned the following:
- Over 30 years experience in sales, marketing,
production and business development.
- Highly recognizable brands including Mike &
Ikes, Hot Tamales, M&Ms and Reeses Pieces, gumballs and
confections for every taste.
- Toys, charms, tattoos and bouncing balls are
very popular additions.
- One-stop shopping provides all your bulk
product needs at competitive wholesale prices and direct to your
door.
Candy
King of America's support includes account specialists to custom
tailor initial routes for new distributors but their support doesn't
stop there. Customer service staff are available to assist
distributors with everyday operational needs and technical support
is provided direct from the factory making it all very much a team
effort.
With no employees, no accounts receivable, no bad
debts and little administrative or paper based work, Candy King of
America offers a simple, cash based business that can be operated
from home. While the business can be started part time and small
scale there is also considerable room to grow and the potential to
maintain several hundred machines in the course of a month.
If you would like to find out more about becoming
a Candy King distributor, for as little as $10,000, then complete
and submit the following form for more information. |