How to Start a Vending Business
Vending machines bring to mind packaged chips, powdered donuts, chewing gum, and candy bars. However, these machines can sell any product the owner wishes to stock. Machines look a lot different today than yesterday. Vending machines can be tabletops, hung on a wall, or sit upright on the floor. Individuals can earn money by entering the vending machine business.
Before buying a vending machine, decide on what type of products you want to sell and the machines you want to buy. Tabletop vending machines are great for selling chewing gum, small candies, or mints. Larger machines are best for snacks, such as potato chips, beef jerky, large candy bars, pastries, and sandwiches.
Plan the locations of the machines. Choose places where there is maximum foot traffic. Good places to check are doctor’s offices, community colleges, or lobbies of business offices.
Decide if you want to purchase the machines or choose a different method. Research companies which offers leases on vending machines. These types of companies usually off support, such as finding a location and tech support.
Types of Products
Food is mostly sold in vending machines. However, instead of the traditional snack options, try selling something more filling. Some vending machines are customized to sell sandwiches and fresh salads. Another option which may be a good idea for office buildings would be to invest in a soup vending machine.
Drinks are another traditional product sold in vending machines. The machines can sell soft drinks, water bottles, and juice. Newer machines are outfitted to sell hot drinks, such as coffee, hot chocolate, and tea.
One option which is a relatively new idea is to use a vending machine to sell sundries. Products which are not edible would be sold in this type of machine. Optional items may include detergent packages, water softener packages, hair spray, toothpaste, toothbrush, comb, hair gel, and shampoo.
Vending machines are one of the best businesses. Owners can enjoy the low hassle ease of selling products. Vending machines can be bought, stocked, and set at various locations where the machines make the money.