You can buy slots machines from different casinos such as the Vegas Casino Corportaion. Obviously their main products are their slot machines. These slot machine are call Pachislo skill stop slot machines. They are all used in overseas (Primarily Japan) casinos and they purchase them direct from Japan and import them into the US for resale. The main reason for the increasing popularity of these machine is the price. Most slot machine that are in place in Vegas range in price from $8k up to $20k when new and around $800-$1200 used. This puts most of these slot machines out of the price range of most home consumers. their machines usually range between $3500-$5000 when new and $199-$249 used.
They are the same high quality as the Vegas slot machines and use the same type of technology. Their machines are the same size with the same features as a slot machine that you would see in any casino. They purchase these machines in a bulk of 480 at a time from their Japanese supplier. They also sell some other products such as arcade games and neon signs. Once they complete the sale of this site and expand their warehousing space they do plan to add a lot more arcade games including pinball machines and juke boxes. The profit margins on these will vary on each but the average profit on these for the retailer is around $200-$250. Please keep in mind this is an asset sale only. They are not selling their main company, just the retail side of the business.
While they can give you the number of machines sold and the average profit margin as well as the overhead cost of the site they are not willing to provide P&L due to the fact that they include the financial numbers of the entire company which includes my personal salary, their warehouse cost, the cost of the machines in bulk, ect. which is confidante information. The sales for the past three months are pasted below. Please keep in mind these are online orders paid by credit card only and do not include sales that are paid by paypal.com and phone in orders. The phone in orders during Christmas were about $3000 worth. The paypal orders were only around $1200 worth. These sale figures also do not include sales from ebay.com and amazon.com. They do sell on both these sites and the normal sale levels on each are around $500 per site per month. They have had a very strong Jan so far and they are seeing more and more retail bulk sales as they add more retailers buying large amounts of their machines for resell. The site sold a little less than one and a half containers during the past year, each container is 480 machines. The average sale price was $188.74. The profit margins on average are about 96%.Share on: