Owning Vending Machines Reddit

Doing the refilling yourself buying in bulk doing all the labor and repairs yourself or buying used will help bring that 20 up.

Owning vending machines reddit. Try to be strategic. A vending machine business has few barriers to entry. 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.

Vending machine in a night club bar. 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. But being your own boss and calling the shots are rewarding in themselves. 1 i have 10 machines.

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

Don t pick any location that you can setup a machine. When you start the business and look at your profit loss keep into consideration that drink machines cold drinks and coffee are seasonal. 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.

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