I was thinking of offering 10% of profits, but someone else I know who does vending said that they typically offer 10% of sales post-tax. What’s standard?
Also, do you recommend a written contract or word of mouth agreement with your locations? The person I know who has been operating for 2-3 years said word of mouth is what they do, but I have a feeling that it’s one of those methods that works until it doesn’t—at which point you’re royally screwed. Is that just me being paranoid?
Thanks!