How To Start A Vending Machine Business



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Every business has employees. And most employees get the munchies throughout the day.

If you’re an entrepreneur looking to start your own business, there are many small business ideas worth your consideration — but if you’re looking for the greatest flexibility (like only working on weekends), then a vending machine business might be for you!

A vending business is also a great option as an encore career or as a way to make money during your retirement.

vending machine business

My sister operates a vending machine business in a local government building. It’s not a huge money maker, but her investment is small and she only drops by once a week or so to make sure the vending machines are full.

For spending a couple hours a week running to Sam’s Club for product and filling up her machines, she reaps the benefit of being in business for herself. Even though it’s only part time, the tax benefits help her save money.

Here are my best tips for starting your own vending business…

 

Explore Businesses Near You

Every business has employees and customers. Both look for food and beverages when they’re out & about, between activities, or waiting for a friend.

So wherever there’s a business, there tends to be a huge reliance on vending machines.

  • The good part: Once you put products in the machine, you can simply drop by on your own time schedule to refill the machine.
  • The bad part: An empty machine will put an end to your vending business real quick! People will start complaining if there’s nothing left in the machine.

stocking vending machines

So flexibility definitely adds to the allure of owning a vending machine business — just don’t get lazy.

The secret to success with a vending business is to keep your machines full, without anyone even knowing you were there.

 

Where To Put Your Vending Machines

Every time a new office opens in town, you have the opportunity to line up new locations for your vending machines. Even places that only have a few employees still need snacks and drinks.

It’s important to do some research. Consider the places where you’ve purchased from a vending machine recently and why. Were you stuck waiting for a doctor, needed something to drink, but you couldn’t leave the office building?

proactive vending machine business

A wise vending machine operator will scope out areas with long wait-times and a somewhat “captive” audience.

You should definitely contact establishments long before their grand opening. That way, you can secure a place for a few vending machines (before other vendors get to them), and you’ll be able to develop a good relationship with the landlord or business owner.

Here are some good places to begin your research:

 

Where To Buy Your First Vending Machines

Sam’s Club sells vending machines for almost any type of product.

The best part: you can buy the items to put inside your vending machine in bulk right there as well!

vending machines

The truth is Sam’s Club makes setting up a vending business so simple that almost anyone can do it.

Here are some other good sources for buying vending machines and related products:

 

Tips For Stocking Your Vending Machines

Unlike door-to-door sales, where you must face an unknown prospect and try to convince them to buy your product, a vending business removes the direct contact with customers.

candy vending machine business

By keeping the machines clean and full of fresh product you may never have contact with the actual consumer. You simply restock and empty the money out of the coin box on a regular basis — that’s it!

But don’t be in a hurry. You need to take the time to fill the vending machine properly, or the items will get stuck or jammed inside, and:

  • People won’t get the items they’ve paid for. They’ll get mad. And if it happens too frequently, you’ll get called and have to deal with irate customers.
  • People will get too many items at a time. The customers will be happy, but your profits will dwindle.

Whether you’re just looking for a way to pick up a few extra bucks to help send Junior to college, or if the current economy has got you scrambling to keep up, a vending machine business might be that alternate source of income that you’re looking for!

Here’s what you need to know about getting a vending business license in any state.

 

More About The Vending Machine Business

In addition to the links I’ve included above, here are some other resources to help you decide if starting a vending business is right for you:

Curtis

I’ve been involved in RVing for 50 years now -- including camping, building, repairing, and even selling RVs. I’ve owned, used, and repaired almost every class and style of RV ever made. I do all of my own repair work. My other interests include cooking, living with an aging dog, and dealing with diabetic issues. If you can combine a grease monkey with a computer geek, throw in a touch of information nut and organization freak, combined with a little bit of storyteller, you've got a good idea of who I am.

3 thoughts on “How To Start A Vending Machine Business

  1.  Why Vending Machine location is important?
    The most important factor for the success of vending machine
    business is the location where you setup vending machine. The location
    describes the facts like the type of people living in the locality and
    the security issues in the area.

    The factors and there importance
    that describes the important role played by location of the vending
    machine in the vending machine business:

    Foremost and most important factor is security.
    The place selected for the setting up should be free from the threats
    of thefts. Security assurance is necessary so that the products and the
    cash collected are not stolen away and the damages caused during thefts
    can also be prevented.

    The other important factor to be kept in mind is locality of an area that is type of people being accommodated there. The type of people and their needs
    governs the type of vending machine that must be installed. For example
    if a vending machine is to be installed in an office then the coffee,
    snacks, etc product containing vending machines must be installed. It is
    ideal to setup vending machine in a populated area where people may
    prefer buy things from vending then relying on the nearby vendors.

    SVA has setup vending machines
    at many viable locations. We also provide assistance to all the
    newcomers in this business for sourcing new and popular locations.

    Read about Buying Vending Machines for your office and Benefits of Vending Machine Business.

  2. Great post Curtis! A lot of great insights into the vending machine industry. I recently came across a guide I think would make a great resource to add to this! Would love to share it with you!

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