Owning A Vending Machine Business
By Max Bellamy, Wed Dec 7th

The first thing to consider when starting your own vendingmachine business is that it is not for slackers. It takes work.Just because you are going into business for yourself, will haveno boss to deal with, and pretty much determine your own plans,that doesn’t mean the vending machine business is easy money.

Assess your financial situation. How much money will it take tostart out? Before you mortgage the house and buy a hundredvending machines, start with one or two and see how things go.

Pick a good location. Don’t go through a location finder; theywill charge you a fee, and their information is often useless.They might pick out a place that’s in a rough part of town, orthey will pick a spot where the people you need to deal with aredifficult. It is a better idea to scout out territory on yourown. If you have or know any kids, ask them where they thinkthere should be vending machines. Places where people have tostop and wait are a good option – they will be more inclined tobuy after looking at your machine for a minute or two. Pick oneor two good spots, talk to the owner, and decide on the perfectsite for your vending machine. Make sure there is an electricaloutlet nearby.

It is a good idea to offer the location owner a flat monthlyrent rather than offering a percentage of the profits. If yourmachine does well, and starts pulling in a substantial amount ofreturns, the location owner may be tempted to kick you out andbuy his or her own machine. That monthly rate will be determinedby a number of factors, including what your vending machinecontains (gumballs, candy, snacks, soda, coffee, food, toys,etc.), how popular its contents are in that location, how muchspace your machine takes up, and what type of business yourmachine is located on or in.

Once you have found success with one or two locations, roll oversome of the profits into buying other machines. Be sure to stopby regularly to refill empty products, throw out expiredproducts, fix any mechanical problems, talk to the site owner,and, of course, get your money.

About the author:Vending MachinesInfo provides detailed information about the vendingmachines business, focusing on candy, soda, snack, coffee,gumball, and dvd vending machines, as well as vending machinesfor sale. Vending Machines Info is affiliated with Business Plans by Growthink.