
FEASIBILITY STUDY
All Numbers used below are NOT EXACT. They are at best the most accurate averages from the industry and as reported by our existing partners.
1.Gross Yearly Turnover:
A. Average Number of Yearly Transactions: 3150
B. Average Size of Each Transactions: $165
C. Gross Yearly Turnover (3150 * $165): $519,750
2.Gross Yearly Revenues:
Commission percentage is set based upon multiple factors like type of machine, market concentration, one-way vs. two-way machines, demographic factors, number of cryptocurrencies processed, etc. Our partners charge commissions between 9% and 20%. For the sake of simplicity of this calculation, we will assume that the average commission charged is 12% of the Transaction amount. CryptoVends charges 3% service fee of the Transaction amount, there by leaving net 9% for the Franchise Owner.
D. Gross Yearly Revenue @ 9% Commission of Turnover (9% * $519,750): $46,778
3.Gross Yearly Expenses:
E. One Time Franchise Ownership Cost: $25,000
F. Optional Yearly Operational Expenses (Location Rent, Cash Logistics, Misc.): $6,000
G. Total First Year Expenses ($25,000 + $6,000) = $31,000
4.Net Yearly Revenue to Franchise Owner:
First Year Profits:
D. Gross Yearly Revenue – G. Total First Year Expenses: ($46,778 - $31,000) = $15,778
Profits Second Year Onward:
D. Gross Yearly Revenue – F. Yearly Operational Expenses: ($46,778 - $6,000) = $40,778