How Much Can I Earn in Canada?
10 Vending for Hope Vending Machines ( Bronze Package ) can provide you with a part time income per year and takes approximately 4 hours to service per month.
20 Vending for Hope Vending Machines ( Silver Package ) can provide you with a part time income per year and takes approximately 6-8 hours to service per month.
40 Vending for Hope Vending Machines ( Gold Package ) can provide you with an excellent cash income per year and takes approximately 12-16 hours to service per month.
80 Vending for Hope Vending Machines ( Diamond Package ) can provide you with an excellent cash income per year and takes approximately 24-32 hours to service per month.
Gross Net Profit Analysis for Canadian Vending for Hope Vending Machines
FOR EXAMPLE
1 Vending for Hope Vending Machine
Sells 4 Items per day x 30 days per month = 120 Sales per Month
120 Sales x .70 Gross Net Profit per Sale = $84.00 Gross Net Profit per Month
$84.00 x 12 Months = $1,008.00 Gross Net Profit per Year
NET WORTH VALUATION
Businesses are valued at minimum approximately 3 times their Gross Net Profit per Year. Based on that formula, if your Vending for Hope Vending Machines averaged 4 sales each per day each machine would have a resale value of approximately $3,000.00. Filled with product on location.
You would now have tripled your net worth in just 12 months plus have created a steady All Cash Income of $1,008.00 per year per machine that requires very little of your time to service. Plus all the tax benefits of owning your own home based business.
This is a good average to base all your future earning projections on. You can take these projections and multiply them to give you the income you wish to generate. This will help you choose the appropriate package of machines based on your budget and the lifestyle you want.