How To Start A Vending Machine Business | The Job and Entrepreneur Guide

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

Just the same, every business has customers. And customers often look for food and beverages when they’re out and about, between activities, or waiting for a friend.

Thus, the importance of the vending machines. The vending machine business is a great second income worth considering these days.

My sister operates a small vending machine operation 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 the 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 some tips for starting your own vending machine business…

Why A Vending Machine Business Makes Sense

Flexibility is their strong suit.

With product already placed in the machine, you can simply drop by on your own time schedule to top off the quantity.

Don’t get lazy though. An empty machine will put an end to your vending machine business real quick. Chances are, employees will start complaining if there’s nothing left in the machine.

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

Where To Put 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 need snacks and drinks.

The wise vending machine operator will contact establishments long before the grand opening in order to secure a place for a few vending machines.

Where To Get Vending Machines

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

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

Truth is Sam’s Club makes setting up a vending machine route so simple that almost anyone can do it. Their Vending Buying Guide lists the many reasons that starting a vending machine business is one of the easiest ways to get into business for yourself.

Here are some other good sources for vending machines:

Stocking The Vending Machine

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

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.

But don’t be in a hurry. You need to take the time to fill the vending machine properly, otherwise items can get stuck or jammed. The end result will be either:

People don’t get the items they’ve paid for. They get mad. If it happens too frequently, you get called and have to deal with irate customers.
People get too many items at a time. Customers are happy, but your profits dwindle.

Here’s what happens when you don’t fill your vending machine carefully:

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 caught you scrambling to keep up, vending machines might be that alternate source of income that you’re looking for!

Here’s what you need to know about vending machine business licenses:

More About The Vending Machine Business

Curtis Carper

I’ve been involved in RVing for over 40 yrs -- 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 at home, 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.

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Alexsymond

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.
- Vending Machines
  
  http://www.vendingmachine.net.au/
August Noble

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!