Casual Meeting

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