Analyzed: Healthy Vending Franchise Costs
No real estate to buy or lease
One of the biggest expenses of starting some franchises, such as a fast food restaurant, is real estate. To get one of those businesses started, you need: 1) land and 2) a building. Whether you’re buying or renting, these costs can be tremendous, no matter where you open the business.
In vending, there are no buildings to buy, lease or construct. Your machines are placed in or around other existing businesses. There may be some scenarios in which a location owner will wish to receive compensation for allowing you to place your machine on their property, but compared to the expense of actually constructing or buying an entire building, these costs are nominal.
Low start-up costs
The lack of a need to buy real estate is one of the key reasons why starting a HUMAN Healthy Vending franchise costs a fraction of what it takes to start a “brick and mortar” business. When you combine real estate costs with some businesses’ franchise fees, the cost to start some franchises can easily surpass $1 million, 2 million or more. But because vending businesses are simpler to start and operate, they are also much more affordable, making them attractive investment opportunities for all types of entrepreneurs.
Employees & Transportation
If you’re thinking about starting a restaurant franchise, you can expect one of your largest ongoing expenses to be hiring and training employees. On the other hand, starting a HUMAN Healthy Vending Franchise costs you nothing for employees, particularly if you manage the operations yourself. Of course, you always have the option of hiring others to handle inventory and collections, but those costs would still pale in comparison to hiring multiple part-time and full-time workers, as would be necessary with other types of businesses.
As with any food-industry business, you’ll have the ongoing costs for keeping your machines stocked with the fresh, nutritious foods your customers love. But again, these costs are a fraction of what other brick-and-mortar businesses require, such as fast food restaurants.