Apartment Mini Market Revenue Share | APT Amenity Management
How Much Revenue Can an Apartment Community Earn From a Mini Market?
One of the biggest questions property managers have when considering a food & beverage mini market is simple: How much can the property actually earn?
The answer depends on the community, resident population, location of the market, and how often residents use it. There isn't one number that applies to every property.
What is consistent is the revenue-share model.
How the Revenue Share Works
APT Amenity Management operates the market and handles the equipment, products, restocking, maintenance, and ongoing management.
Residents purchase products directly from the market, and the property receives 10% of sales.
That means the property doesn't have to purchase the machine or invest in inventory to participate. The property's revenue is tied directly to the sales generated by the market.
For example, if a market generates $2,000 in sales during a month, a 10% revenue share would provide the property with $200 for that month.
As sales change from month to month, the property's revenue share changes with them.
What Affects Sales?
Every community is different.
Resident population is one factor, but it isn't the only one. The market's location within the property can also make a difference. A convenient location near a clubhouse, lounge, pool, fitness center, or other high-traffic area can make it easier for residents to use.
Product selection matters as well.
At APT, we pay attention to what residents are actually buying and adjust inventory accordingly. Water and everyday beverages, for example, have consistently been popular products across our markets.
The goal isn't simply to fill a machine. It's to create a market that residents have a reason to use.
Revenue Is Only Part of the Value
The revenue share is one benefit for the property, but it isn't the only one.
A food & beverage mini market also gives residents another everyday convenience and adds a modern amenity to the community.
We've seen increased use of lounge and community spaces after installing a market, which can make the amenity valuable beyond the direct revenue it generates.
The property can also use its revenue share however it chooses. There isn't a separate requirement that the funds be spent on a specific type of property improvement.
A Managed Revenue Opportunity
For the property, the model is straightforward.
APT owns and manages the equipment. The property provides the space, residents purchase the products, and the property receives its share of the resulting sales.
APT currently operates food & beverage mini markets at 10+ apartment communities across Southern California.
The amount a property earns will ultimately depend on the market's actual sales, but the model gives communities an opportunity to add both a resident amenity and an additional revenue stream without purchasing the equipment themselves.
About APT Amenity Management
APT Amenity Management provides fully managed food & beverage mini markets for apartment communities throughout Southern California. We handle the equipment, installation, inventory, restocking, maintenance, and ongoing management, while properties receive a share of sales.
Learn more: www.aptamenitymanagement.org