Great Vending Machines

Get the best selection of new and used vending machines for sale

how much on average does a vending machine cost, is it a reliable business venture?

No Comments

I'm a 20 year old guy going to college and all, but I really need to move out and get my own place. i'm looking at ways to invest and earn profit. I have been looking into the venture of buying a vending machine that sells sodas, water, snacks and so on.I wanna know how much these machines would cost and please include any helpful comments. And also on your perspectives, do you think it's a reliable option, please be honest and credible in your answers please, no joke.

No related posts.

Tags: Vending Machine Business

0 responses so far ↓

  • 1 Rob W

    they cost about eleventy thousand dollars and you will definitely make more money than you would if you had an oyster stand
  • 2 snwbm

    They vary greatly in price and in quality. You can get many on ebay used. The important part is finding locations. No joke the best locations are bars and stripclubs. Drunk people will pump coins into vending machines. Also ask if you can put them in at your local auto store and hardware store and laundry mat. (offer a portion of profits)
  • 3 bobbutler

    You asked two questions: 1. How much does a vending machine cost? and 2. Is vending a reliable venture? I’ll attempt to answer them by by responding to the second question first, as it’s actually the most important.
    Vending is retailing via coin operated machines. Most beginners start with Bulk Vending. I did, and stayed with it, as it is a good means of earning a living, and it’s enjoyable. But it’s not for everyone. Among the talents necessary are: Determination, Economic Ability (to start, to continue, and to progress), Mechanical Ability (to keep your machines operating correctly) Salesmanship, Discipline (being self employed needs much discipline), a fair understanding of English with a linguistic ability to work with non-native speakers, and much more which I have left unmentioned. … The greater degree of Determination that you have, allows for some initial lacking in other necessary aspects, as those traits and skills will naturally develop.
    Before considering any self-employment, I suggest reading Think and Grow Rich. After successfully reading it, then read “An on-line Book for Bulk, Capsule, & Flat Vending” as the advice given there is applicable to much of Vending in general.

    To attempt to answer first question using Dollar amounts is impractical as there are many considerations” as new, used or “fixer-uppers”; quality or functional, single or multi-faceted; w/ or w/o stands; etc. Nevertheless, eBay is the truest measure of the value of second hand Vending equipment, and an internet search for specific new Vending equipment, is your best source of first hand information.

    However, the initial cost of a horse isn’t nearly as much as the inevitable vet bills, feed, stable, pasture, fencing, etc., plus the necessary time involved in having it and being a responsible owner. The same is true of Vending machines, as you inevitably will need a warehouse, a delivery vehicle, insurance, maintenance, storage of supplies and of product.

    The information that you will glean from reading “An on-line Book for Bulk, Capsule, & Flat Vending” will teach you such as “It’s ultimately less expensive to be consistent, or uniform. The rule is always, too, that “The little guy works hardest and is rewarded least for his efforts”, and conversely, “The big guy works least and is rewarded most for his efforts”. You must begin being the “Little Guy”, as you must start at the bottom; however, you want a to become the “Big Guy” ASAP”. Determination + Ability + Studying the Market (establishing need) = Success.

    The best way to get into Vending is to have a full time job paying your way while you’re working AMAP on your chosen avocation.

    Depending upon the various aspect of Vending that you ultimately choose, you’ll generally re-coup your investment anywhere from one to three years. Vending is not only a reliable business venture, but it’s enjoyable, too.

    Good Luck!

  • 4 john g

    As with any business, the start up costs are the big problem. Depending on the quality of the machines that you purchase – can cost between $1500 and $4000 per machine. Unfortunately, you will never make money with less than 5 machines. the nice thing about the vending business, is that if you only have a few machines, then it doesn’t take a whole lot of time.

    Many years ago i purchased a preset route with 15 machines. The equipment was already on site, and all i had to do was keep it stocked. I found that i was only spending one day a week working on it, and the profit was pretty good.

    My advise to you – if you want to get into the business – try and buy an existing route. This way you will see if you like it. this also saves you the hassle of trying to line up places to place your machines. Once you have done it for a while, you can then go out and buy additional machines if you so choose and expand your route.

    Remember – you have a large cost – both in Machines and Product. When negotiating a place to put a machine keep this in mind. Also the places will want a cut of the profits – after all they pay the electric bill to run your machines. And finally, If you are vending snacks – then you want to make sure that your chocolate bars are kept in a refrigerated unit. NO-ONE like to open a chocolate bar and find that it has gone to mush.