Have you ever considered putting a coin pusher in your business? There are good reasons to consider them. They are good profit makers that require very little floor space. If you operate a convenience store, laundromat, tavern, liquor store, restaurant, truck stop, or any other business where there is good foot traffic, then you have a potential location. You could possibly pay your monthly rent or mortgage with one or two of these machines.
If you are interested in making coin dealers part of your business, there are some important factors to consider. For one thing, the machines need to be in a secure location where store personnel can see them. This is to prevent tampering or cheating, such as shaking the machine. Almost all machines sold have an audible alarm and a hatch to prevent coins from falling out, but for the alarm to be effective, an employee needs to be present to hear it.
Legality is another concern. The machines must be legal to operate at your location. Some areas are fine, but some have restrictions. You can check with your local authorities to find out what restrictions, if any, exist in your area. The most common restriction is that you may not be able to play or pay real coins. In that case, you could use tokens instead of coins. You can exchange the winner’s tokens for trade or small gifts instead of cash. You can also fill the playing field with “bait” such as gift cards, watches, or MP3 players.
Speaking of used currencies, the exchange or availability of tokens should be easy and convenient. You must have a change machine or token dispenser mounted on the machine or on the wall near the machine. If the player runs out of coins, you want to make it convenient for him to get more coins and continue playing.
Consider the physical layout of your business. The machines need a floor space of approximately three feet wide and two feet deep. The location should be visible to store personnel and also easy for potential customers to see.
Once you’ve decided that a coin pusher will be a great addition to your business, the big question is, “To buy or not to buy?” You can buy your machine, or if you don’t want to make a big cash investment, you can have an operator install your machine for free, in exchange for a cut of the profits. Typically, the profit is split 50/50 between the location owner and the operator. To find a local operator, simply check with the sales companies in your area.
If you decide to buy a machine, you should avoid used machines. Buy a new machine with at least one year warranty from a reputable dealer. You can find a dealer over the Internet using a search engine like Google. Expect to pay between $1,200 and $2,000 depending on the features, options, and quality of the machine. These machines deliver big performance for a small investment of money and floor space. In today’s economy, you need all the help you can get.