As you are planning to set up a vending machine business, the fundamental question you should answer is what kind of machine you might base your business on. Your choice will most likely be dependant on your budget. Choosing the best machine might not be easy; all vending machines have their disadvantages together with their advantages. Today I would like to show different vending machines and several of their advantages from a business outlook.
1. Ice Vending Machines: The very first vending machine I wish to speak about is the ice vending machine. Ice machines usually are positioned on gas stations, board walks, near parking lots as well as any similar place. The advantage of these machines is their profits. Many business owners within this field claim to make up to $50,000 yearly with one machine. Although these claims are hard to validate, we at the least know that ice vending machines cost any were from $6k all the way to $100k. An obvious benefit of this type of vending machine could be the little maintenance they might require; most ice vending machines only require one visit a month. If you're looking for a time wise investment ice vending machines may be the right choice.
2. Candy Vending Machines: These small but popular vending machines can be found practically any were. Unexpectedly these machines can provide a real income, all of it depends on the amount of cash you put money into the business. Probably the greatest benefits of candy vending machines are their price. Costing only around 200 dollars, these machines are one of the cheapest within the vending machine business. Assuming you have a strict budget candy vending machines are the ideal solution for you. Simply because these machines are cheap this doesn't mean they aren't profitable, believe it or not some candy machines receive over 100 quarters daily.
3. DVD Vending Machines: You will find these in most grocery stores and malls. The DVD rental industry is a multibillion dollar industry and DVD vending machines have a large portion of this market. The best feature of these machines is the profitability and just as before, maintenance. DVD machines don't require any specific refilling contrary to most vending machines. Other than this advantage, DVD vending machines are estimated to make $35k-$50k annually. The main disadvantage in the DVD vending machine business is that they are usually only available as part of a franchise.
4. Snack/Soda Vending Machines: These are the number one type of vending machines in the world. These incredibly convenient vending machines sell a set of snack foods, beverages, or both. As a result of popularity of these machines one of the primary advantages is the stability of the business. These machines are used everywhere around the world, and together they make nearly 34% of the yearly revenue of vending machines (45+ billions).
5. Coffee vending machines: The preferred morning drink, coffee. These machines have major potential inside of libraries, work stations, and college campuses. Understand Americans alone drink about 300 million servings of coffee everyday. Most working men and women drink any were from 1 to 8 servings of coffee during working hours, and if your machine could possibly be the one to provide this service you certainly will profit significantly.
1. Ice Vending Machines: The very first vending machine I wish to speak about is the ice vending machine. Ice machines usually are positioned on gas stations, board walks, near parking lots as well as any similar place. The advantage of these machines is their profits. Many business owners within this field claim to make up to $50,000 yearly with one machine. Although these claims are hard to validate, we at the least know that ice vending machines cost any were from $6k all the way to $100k. An obvious benefit of this type of vending machine could be the little maintenance they might require; most ice vending machines only require one visit a month. If you're looking for a time wise investment ice vending machines may be the right choice.
2. Candy Vending Machines: These small but popular vending machines can be found practically any were. Unexpectedly these machines can provide a real income, all of it depends on the amount of cash you put money into the business. Probably the greatest benefits of candy vending machines are their price. Costing only around 200 dollars, these machines are one of the cheapest within the vending machine business. Assuming you have a strict budget candy vending machines are the ideal solution for you. Simply because these machines are cheap this doesn't mean they aren't profitable, believe it or not some candy machines receive over 100 quarters daily.
3. DVD Vending Machines: You will find these in most grocery stores and malls. The DVD rental industry is a multibillion dollar industry and DVD vending machines have a large portion of this market. The best feature of these machines is the profitability and just as before, maintenance. DVD machines don't require any specific refilling contrary to most vending machines. Other than this advantage, DVD vending machines are estimated to make $35k-$50k annually. The main disadvantage in the DVD vending machine business is that they are usually only available as part of a franchise.
4. Snack/Soda Vending Machines: These are the number one type of vending machines in the world. These incredibly convenient vending machines sell a set of snack foods, beverages, or both. As a result of popularity of these machines one of the primary advantages is the stability of the business. These machines are used everywhere around the world, and together they make nearly 34% of the yearly revenue of vending machines (45+ billions).
5. Coffee vending machines: The preferred morning drink, coffee. These machines have major potential inside of libraries, work stations, and college campuses. Understand Americans alone drink about 300 million servings of coffee everyday. Most working men and women drink any were from 1 to 8 servings of coffee during working hours, and if your machine could possibly be the one to provide this service you certainly will profit significantly.
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