Short answer: owning a machine pays when it sells a lot and someone already has time to run it. For most workplaces the hidden cost is staff time, not the machine. Put in your own numbers below; every field is yours to change, and the examples are only there so the page works on load.
The calculator needs JavaScript. The worked example below shows how the numbers add up.
Worked example
A machine that costs $6,000, kept 5 years, selling $600 a month, with product at 50% of sales and card fees at 8%:
- Gross margin: $600 − $300 product − $48 fees = $252 a month
- The machine spread over 5 years: $6,000 ÷ 60 = $100 a month
- 8 hours of staff time at $30 an hour: $240 a month
- Repairs and spoiled stock: $25 a month, electricity $17 a month
Owning leaves −$130 a month. Hosting the same machine costs you the electricity, −$17 a month, before any commission. At this site, hosting wins by about $113 a month, and nobody on your team stocks a machine.
How the comparison works
Owning: sales − product cost − card fees − the machine's price spread over the years you keep it − staff time − repairs and spoiled stock − electricity.
Hosting: commission (if any) − electricity. The operator pays for the machine, stock, card reader, service and repairs.
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