How to Start a Successful Vending Machine Business
The Perks of Running a Vending Machine Business
The vending machine business is a proven moneymaker because of the vending business model itself. Buying and operating vending machines requires a lot less time, energy, and money than a brick-and-mortar business.
Before you read any further, click here to grab your FREE copy of the HUMAN Healthy Vending’s Exclusive Report – "11 Dumb Vending Mistakes...and How to Avoid Them." You’ll shave years off your vending learning curve just by reading this info-packed report. Valuable stuff that 99% of vending operators have never seen.'
Now, let’s compare the two business models:
Brick-and-Mortar Business
When establishing a brick-and-mortar business, a lot of time and money is spent from the very beginning. You need to get financing to even rent a location, and usually the best locations are the most expensive. Not only that, you need to spend time scoping out the area where you want to place your business. Once you lock down financing, you are then in charge of furnishing the building and advertising your business so that people come to you.
This part is the most difficult. You need the customers to come to YOU. It’s difficult to know which locations get the most traffic until after the business is up and running. If your business doesn’t go as well as you planned, you then need to sell or rent out the location and start from scratch.
Talk about risky business! Time and money wasted, and a whole lot of uncertainty from the get-go.
Vending Machine Business
The logistics behind buying a vending machine business are much different than that of a brick-and-mortar one. Starting a vending machine business is low-risk. There is no need to scout out one fixed location to run your business, as vending machines are placed in businesses, schools, malls, and many other locations that are already up-and-running.
Before launching your vending machine business, your efforts are focused on finding locations with high traffic. You can research tons of locations and determine which are the most successful, high trafficked locations.
Also, the vending machine itself is mobile, so if you aren’t getting the results you want, you can simply move the machine somewhere else for less than $200.
How to Make Even More Money in Vending
As with any business, it’s important to stay ahead of the trends in your industry. Health and nutrition are a hot topic. Healthy vending machines offer 100% healthy products and come equipped with state-of-the-art vending technology. This includes cashless payment systems, remote monitoring systems, digital LCD screens, and vend-sensor technology.
Healthy vending is a recession-proof business. No matter what nutritional guidelines are set by schools, states, or the nation, healthy vending machines always exceed nutritional standards.
Download HUMAN Healthy Vending’s Exclusive Report “11 Dumb Vending Mistakes...and How to Avoid Them” by filling out the form below.
"The business will be whatever you make of it. If you work hard, build relationships, and provide top-notch service…you will be very pleased with your results. The sky is the limit in this industry, but it won't happen overnight and it won't happen without commitment and excellence in all that you do."
Josh Marr, Healthy Vending Operator in Asheville, NC