- August 31, 2018
- | 0
The number one question tends to be: “Where do I buy my product?” The answer to this is crucial to the success of your vending business. In the USA, it’s a good idea to buy from such places as Sams Club or Costco if you have them in your area. Avoid the temptation to special order product that needs to be shipped to your house.
You will always pay more this way and you’ll have to pass that expense on to your customers, which means less money for you. It is also important to buy locally, so that you can get the popular items that everyone in that area wants. Vending machine businesses can include single-item purchases like drinks, candy and salty snacks or bulk machines that dispense a handful of candy or nuts.
Many with vending routes use a variety of machines. The basic duties of a vending route include stocking the machines and collecting the money. However, just like any business, there are certain pros and cons to running a vending machine business. Some businesses can take several years to become profitable, but a vending machine business is often profitable within several months. Once you select locations and establish your route, you can begin earning a steady income. Of course, the number of machines you own will largely determine how much.