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Are vending machines a viable business?

 
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HotDogSteve

posts: 2

Jun 05, 2012 9:39 PM ET    Quote  Report Abuse
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There is a free guide that is worth checking out on Scribd.com. It's a e-book/pdf style document on the vending machine business. It is over 70 pages in length and some parts of it provide quite detailed advice on the vending machine business. Definitely worth a look - here's the link -

http://www.scribd.com/doc/95823329/Vending-Machine-Business-Guide

I'd recommend reading the intro and table of contents first and then skim through and read the sections that interest you. Some chapters offer general business advice while others go into more detail on vending.



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Start a Hot Dog Stand
JohnCarter1

posts: 2

Jun 18, 2012 3:14 AM ET    Quote  Report Abuse
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JohnCarter1

posts: 2

Jun 18, 2012 3:22 AM ET    Quote  Report Abuse
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Ya vending machine business is profitable business.One of my friend is dealing in snacks vending machine and earning a great profit but this require suitable location and patience because its responding time is slow.

 

Vending Machine High





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ronsidney

posts: 2

Jul 11, 2012 10:06 PM ET    Quote  Report Abuse
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I operate a vending business and have been full-time for about 15 years...I started with  gum ball machines and now have everything from gum ball to arcade machines ..

I wouldn't do anything else myself..but its a job,not a get rich scheme or retirement but a high paying job that has no hours(don't have to open at 8 and close at 5 like most businesses) and no set days of the week,,the really only freedom job you can have.

I know a lot of millionaires in the biz but they run the gambling machines like sweepstakes and cherry masters..

 

My favorite machine is the coin pusher..i operate a bunch of them and manufacture my own model (not selling you or promoting just saying)..I like it best as there is no product and it makes really big money in stops that other machines don't..

 

IF its a restaurant i will put a crane machine or gum ball machine, but if its a c store then it gets a coin pusher..just different machines for different locations

 

ronsidney

www.blazingquarters.com



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BillyMurphy

posts: 5

Jul 17, 2012 1:54 AM ET    Quote  Report Abuse
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Is it possible to make money with vending machines? Any success stories out there?

 It's possible to make money with just about anything assuming you know what you're doing.

Not saying I recommend going that route though just because you can make money with something.



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http://foreverjobless.com/
Carey_PA

posts: 12

Aug 14, 2012 4:45 PM ET    Quote  Report Abuse
Points: 0   Vote

Hi there,

 

I think the vending business can most certainly be profitable.

It's all about location, location, location and making sure the

location is keeping your profits at or above where you want

them.

 

I'm in the vending business so to speak, but I vend cash.

 

I own ATM machines.  I love them because I don't have to

buy any products.  I technically can load the ATM up one

time with my cash and that initial load is just constantly

being recycled back into my bank account.

 

It's kind of cool.   As far as the ATM business goes though

I would suggest you start out filling your own machines....

literally takes 1 minute and 10.8 seconds and then once

you have enough machines, eventually hire a Brinks or

someone to do it for you.

 

Unless, of course, you don't mind filling them...then you'll

just save yourself some more moolah.

 

Carey

 

P.S.  You can pick up my free ATM Business Road Map and ATM Business Cheat Sheet over at my site if you'd like.  Click here ---->  Free ATM Business Information



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Start your own ATM Business and achieve a lifetime of passive income with your own ATM machines!

Click here to learn how to collect 100% of the surcharge fees from your ATM machines and how to start your ATM business with none of your own money!
vendalot

posts: 1

Sep 17, 2012 9:30 AM ET    Quote  Report Abuse
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Hi everyone,

 

I agree with the sentiment that a vending machine business can be profitable with hard work, sufficient capital, and a combination of strategy and good location.  It's important to stay up to date on trends - for example, there's a a lot of new demand for healthy foods to be available in the machines.  We started our vending machine business in Ohio over 20 years ago with only one machine!  (If you'd like to check it out you can at http://www.sciotovending.com) Since then, we've just kept growing a few machines at a time.  You'll also find that you can supply other services as well.  If anyone has any other questions, we'd love to answer.  Best of luck!





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renegadeleader

posts: 40

Sep 19, 2012 1:19 AM ET    Quote  Report Abuse
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Coffee vending machine is one demand right now.



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gtxkid

posts: 8

Oct 09, 2012 9:57 PM ET    Quote  Report Abuse
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   Forget it.

I had a friend.

Him and his dad ran a vending machine buis for years.

Finaly got to the point with vandalism, Example: Take a cresent wrench and just turn the handle till everything comes out.

Lot of machines are emptyed this way.

Good machine's are not cheep.

I would not do it.

When you have money and Inventory involved you will have problem's.

Very sorry but not the way to go anymore. 



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Aerial Photography, Video is what i want to do. Along with CNC machining and Solid works drawing. Manufacturing.
nate85

posts: 1

Oct 16, 2012 8:20 PM ET    Quote  Report Abuse
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Lot of work for spare change. ROI is not worth it in my opinion. 



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