Magazine Vending (Vending Locations Australia Pty Ltd) is offering magazine businesses for sale based around selling magazines through a vending machine. Their franchise opportunity marketing indicates a supply arrangement through ACP Magazines. While their ad at Trading Post does not name ACP, they certainly hint a relationship. However, I have been told that the supply contract associated with ACP titles has been terminated.
The ACCC has started asking questions about Magazine Vending.
I understand that at least one legal challenge against the business has been launched.
Anyone considering taking on a magazine vending franchise should undertake thorough due diligence into the business, their purported suppliers and their principals. The due diligence will get you further information including accessing a blog post with plenty of comments about magazine vending.
Anyone who has a complaint in relation to Magazine Vending should raise the matter immediately with the ACCC. The Enforcement Operations office out of Western Australia is handling the matter. Fax: 08 9325 5796.
For newsagents there is the other issue of why put magazines into a vending machine. Magazines are available more widely in Australia than any other country. Why dilute sales for retailers supporting the product?
ACCC are fully investigating the unethical practices of magazine vending and all that are involved.. if they put as much energy into making this a legitimate business rather than scamming us it would be a great investment where everyone wins … how do they sleep at night.. their time will come, eventually it will catch up with them.. .
You guys really need to get your facts straight before making false accusations as we have machines installed for over 6 months now and it just happens to be that a newsagents are stocking our machines. Magazine Vending has no affiliation with any of the links above in fact the people listed on the blogs are simply competition and i agree that they have a very bad name within the vending industry. I Cash Seiden should not have to suffer as I have worked on this project for over 4 years now and am have done nothing but offer newsagents a new and convenient business model that simply works. I would appreciate if you stopped trying to ruin my name and reputation as you have already ruined my business. I have worked within the advertising industry for many years and was in fact the National Adverting manager for 2 publications. I am absolutely amazed at the lengths some people and business within the same industry will take to destroy everything i have worked on for the passed 4 years. Thanks for your support guys. Oh and on another note maybe you should check your facts before posting information regarding the ACCC. Oh and all the Newsagents that have shown support thank you very much for your ongoing support. Cash Seiden
What a load of garbage! There is about 2 or 3 machines installed. Investors only went with you because they were going thru ACP Magazines directly. Their legal team had a thing or two to say about that. . Explain why I’m getting so many emails from people who have bought into mag vending in May this year after the company was declared bankrupt 25/03/2012? Of course youre still saying the same excuses wtih your lies/delays and apparently you havent even paid your graphic/web designers! Oh and ignoring the liquidators and my solicitor too? disgusting! hmm you reek of scumand youre nothing but a conartist! I also have heard that you and your dodgy friends are now behind http://www.weeklymedia.com.au
yeah good luck with finding investors.
Well he is back, only now selling a retail and wholesale delivery business, selling areas under Keep It Moovin. Sky Capital Investment PL has been sued by a buyer in Vic, and how the business is in wind up and with a liquidator. Scum need to live an honest life and stop taking from innocent people.
I too have been scammed by Magazine Vending Australia as I purchased a machine for $30k + gst and after Cash making endless excuses and empty promises he did not give me my machine or refund my money so I have lost $33k. Please don’t anybody invest