Owning Vending Machines Reddit

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.

Owning vending machines reddit.

But being your own boss and calling the shots are rewarding in themselves. Doing the refilling yourself buying in bulk doing all the labor and repairs yourself or buying used will help bring that 20 up. 4 snack 5 drink powerade and coke and one coffee machine 2 depending on the quality anywhere from 500 to 1500. Generally vending machines make about 20 annual profit as a ratio of your total investment.

Keep in mind that like most small businesses you are not likely to get rich from running a vending machine business. 1 i have 10 machines. So 100k in machines after all costs will profit you 20k year assuming you are paying someone else to do the work. A vending machine business has few barriers to entry.

Vending machines are time intensive and low margin. Don t pick any location that you can setup a machine. Vending machine in a night club bar. Currently the place does 90 of its business friday saturday nights as a night club but the new owner is intending to expand the location into being open 7 days a week day night.

4 i have. This comes out to around 2500 a month. What you need most is what every startup business requires hard work and a desire to succeed. I m looking for suggestions on how to stock a machine located in a bar.

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.