Advantages of Running a Vending Franchise
A vending franchise offers unique perks and freedoms that you won’t find with many other business opportunities. Despite that fact, it’s often overlooked by new entrepreneurs who are stuck on the idea of opening a fast food chain or other restaurant. Far too often, those entrepreneurs don’t realize the costs and commitment required to operate those businesses, and their businesses become doomed from the start.
If you’re thinking about starting a business for the first time, becoming your own boss, or adding a second stream of revenue to your existing income, then a vending business could be the perfect opportunity for you.
Not familiar with vending? Take a close look at the many benefits below to see why entrepreneurs from all backgrounds are choosing this lucrative opportunity over the hassle of a traditional franchise.
Why run a vending franchise?
The costs of starting a vending business are far lower than most fast food franchises, restaurants and other types of brick-and-mortar businesses. Opening a fast food chain, for example, can easily cost you between $500,000 to $1 million or more. You have to hire employees, acquire real estate, pay hefty franchise fees, pay utilities and so on.
With vending, on the other hand, you typically only have to pay for the machines, the inventory and the costs to keep the machines stocked (gas, etc.). It’s a much more affordable model, especially for entrepreneurs who aren’t looking to blow their life savings on a business.
Place the machines, stock them, collect the money. That’s pretty much the extent of running a vending franchise. Sure, there are some additional steps involved that will help you operate more efficiently. But compared to traditional businesses, vending is a piece of cake. You don’t need any special skills or education. With some basic training, you can start profiting right off the bat and run your business like a pro.
If you like the idea of running a mostly cash-based business, then vending is the way to go. At HUMAN Healthy Vending, our machines are equipped with credit card readers to increase your earnings by helping customers who don’t carry cash. But most of the time, you’ll be generating cash flow as soon as you place your machines.
Freedom & flexibility
Running a vending business doesn’t have to be a full-time job, even if you place dozens of machines. For the most part, the business runs by itself. This gives you more time for other things in your life, and it even allows you to run the business on the side, if you choose.
Little to no overhead
In vending, there is almost zero overhead, making the opportunity even more affordable. You can run the entire business by yourself to maintain a simple operation. Or, you can hire others to stock the machines and do collections for you. It’s up to you.
You can easily scale your vending franchise by simply adding machines in more locations. You don’t have to worry as much about competition as you do with traditional businesses. And if you have unique, in-demand products, then your machines will be successful nearly anywhere you place them.
Discover the many more benefits of a vending franchise
HUMAN Healthy Vending has flipped the industry on its head with fresh, healthy foods and snacks, state-of-the-art vending machines, and operator profits that are up to 2x higher than other vending businesses. If you are looking for a lucrative opportunity to start your own business, contact us today to discover the many additional benefits of a HUMAN Healthy Vending franchise.