(Topic ID: 199230)

Got an offer to sell my route.... How much is it worth?

By Okarcades

2 years ago

Topic Stats

  • 76 posts
  • 45 Pinsiders participating
  • Latest reply 1 year ago by LTG
  • Topic is favorited by 7 Pinsiders


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    #33 2 years ago
    Quoted from Okarcades:

    Afm -$7000
    Mmr- $7000
    St - $4500
    T2 - $2500
    Af - $6500
    Get away $2500
    I also have a getaway I forgot to add since it's not on route right now. So that's how I came up with $30,000.
    Take $900 x 24 months and you get $21,600
    Inventory including over 1000 comet 2smd leds and hundreds of titan silicone bands , every replacement coil any of these games would need, eos switches, and basically enough parts to last 24 months. And 4 back up bill acceptors.
    All games have bill acceptors as well as payrange systems.
    All income has been proven in my taxes and documented for 3 years.

    This is your price and exactly in my line of thought on what it should sell for.

    Do you want to get out of operating is the real question?

    If not, then why consider it unless he is offering a golden handshake deal you can't refuse?

    If so, then I would get as close to that offer as you can.

    #48 2 years ago
    Quoted from goatdan:

    But they aren't getting $900 / month if they are paying that to you. The $2700 / month is if they pay you 75% of the profits until the contract runs out. 75% of $900 is $675. $900-$675=$225 left for them. $225 * 12 = $2700.
    Ultimately, unless they want to get into the buying and selling of equipment, there's not that much there.

    The operator is Okarcades and he is making $900 a month AFTER the split with his locations. Therefore he is grossing $900 x 12 = $10,800 a year on coin drop as the operator.

    4 weeks later
    #68 1 year ago
    Quoted from Ericc123:

    I must admit that I'm relieved for a selfish reason. Your Star Trek thread showing the wear after all of the plays is one of my favorites threads. It't pretty obvious from that thread that you do a great job as an operator and take pride in what you do. I say keep doing it as long as you love it.

    My sentiments exactly...I just now became aware that this was the same route as those threads...glad you decided to keep your route as they are my two favorite threads in Pinside.

    #70 1 year ago
    Quoted from taylor34:

    I bet those years were not so good on route either, lol. If they were, people would have routing more games (which they weren't during that time).
    I'm just saying that with all the risk and work, you're at best only slightly better off than if you bought stocks after 5 years. Now if it was strictly passive where you didn't have to do anything, then it might be worth it. Having to constantly work on games and collect money isn't passive though.

    I am all for stocks but the hobbiest in me thinks that his route is more admirable and definitely contributes to spreading the love of that which we call Pinball.

    #72 1 year ago
    Quoted from wdennie:

    In the business world yea I get future earnings, that would imply that there is some sort if contract with a cash amount of profit,
    but what's to stop someone from just buying several new games and start up there own business, getting there own locations?
    2 locations doesn't sound that great to me, and if your only making 900 a month, and you expect them to pay you future earnings,
    where's the profit for the new owner? where is the incentive?
    Sound like a losing venture to me.

    In the first post he tells us that he was approached to sell the route by a potential buyer. Why would he sell his two locations for no profit...i.e. Future earnings?

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