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Entered By: Mark
Entry Date: 2007-11-11 19:17:51
Subject: Slush Machines Going
Message:
 

, going, soon gone. Five years ago I found myself in search of income after much of the software industry floated to India. I bought a vending machine business, started a candy machine business and took an unforeseen risk in a slush business. The slush business was "guaranteed" to gross $200 per month per machine. I bought 20 machines. The guaranty crumbled while the loan payments persisted. I eventually liquidated a retirement account and used the proceeds from the sale of our house to pay off the machines. Once the loans were retired, I did start making a small profit. When we left for Honduras, I left the slush business in the capable hands of my friend Rick. Rick diligently pursued the business, maintained the machines and was trustworthy with the money. Even so, the business did not grow. There are plenty of slush distributors in the Fort Worth Area. Now Rick needs to focus on his primary career. So, rather than try to recruit and train someone else, we decided it was a good time to sell what we have. We have thirteen slush machines in the USA and eight in Honduras. We began selling the US based machines on eBay and they are going for around $600-$650. I figure it's time to re-invest the funds on something we can spend our time on. We've tried the slush business in Honduras but sales are too slow to pursue. As it turns out, people will pay more for machines in Honduras than in the USA (actually capital assets like this are always higher here). We are getting some bites in Honduras at $790 (15000 Lempiras). Also, people are interested in buying slush mix, which we can produce for $2/bottle and resale at $5.50-$8. So, the money will be re-invested in the farm and in the hardware store. The hardware store was opened this week but we are still not fully stocked. We've ordered and paid for things such as electrical wire and popular sizes of PVC pipe. We are waiting on delivery for these things and more. We bought cement at a local store in town just have some. Turns out popular things like cement are sold at cost just to get people in the store to buy more profitable items. We will also save some of the proceeds from the sales of slush machines to invest in future endeavors. Right now we are praying about funds for catching the older boys up on education. There is a school curriculum that Ruach School uses in Comayagua available to us. However, each course costs $50/year/child. A complete curriculum utilizes at least six courses. In addition, we really need a teacher as Paula needs to teach our own children in five hours daily. After that it is too busy here to pursue school. I teach our children some subjects but I need to be gone several days a week for various reasons (errands, picking up visitors and friends at the airport, acquiring items for the farm...). Right now the van is in the shop for electrical problems. We also have a sliding door that falls off when you open it, faulty glow plugs and a broken battery terminal. The mechanic's best first guess was that the starter was bad. Whatever the case, the battery dies overnight and at this point is not charging enough for a re-start. Hopefully the van will be ready tomorrow but I don't expect so. Nevertheless we have two parent teacher meetings, an orthodontist appointment, enrichment classes and probably a container to unload. The mechanic said possibly the van will be ready tomorrow afternoon but could be Tuesday or later. Since this really isn't possible, it's great to know God is in control! :-)




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