Owning Vending Machines Reddit

What you need most is what every startup business requires hard work and a desire to succeed.

Owning vending machines reddit.

4 snack 5 drink powerade and coke and one coffee machine 2 depending on the quality anywhere from 500 to 1500. I bought the rout all together not individualy 3 its hard to say per machine but i make about 120 bucks a day in one location 2 drinks one snack 50 in another and my last location i make around 90 bucks a day. Try to be strategic. Keep in mind that like most small businesses you are not likely to get rich from running a vending machine business.

But being your own boss and calling the shots are rewarding in themselves. This comes out to around 2500 a month. Doing the refilling yourself buying in bulk doing all the labor and repairs yourself or buying used will help bring that 20 up. So 100k in machines after all costs will profit you 20k year assuming you are paying someone else to do the work.

That said they can be profitable if you are the owner of a high traffic area like a strip mall or coin op where the clientele already have coins in hand and time to kill if you own or service a laundromat always invest in vending machines. A vending machine business has few barriers to entry. Don t pick any location that you can setup a machine. If you put a machine in and it only breaks even its going to cost you 75 or so to have it moved to a new location.

4 i have. 1 i have 10 machines. When you start the business and look at your profit loss keep into consideration that drink machines cold drinks and coffee are seasonal. I m looking for suggestions on how to stock a machine located in a bar.

Generally vending machines make about 20 annual profit as a ratio of your total investment.