How to Start Up a Vending Machine Business

By Lanee’ Blunt

Starting a vending machine business is a cash-only recession proof business because people love snacks, candies, and drinks in colorful attractive packs and they are hard to walk past when they want a snack. Have a plan in place when you begin your vending machine business and know your goals and what you need to do to achieve them.

Analyze the type of machine that you want to set up because if you are going to sell food you will be required to have Food Service license.  A sales tax license is required to collect sales taxes.  A vendor and peddler license is required to set up a vending machine for sales on most products in the machine. The requirements may be different, so you must check with your own local licensing department.

What You'll Need

Vending machine or machines you can buy or lease them. Choose a good location that will give you the highest amount of profit. Check out places that have a high amount of traffic and approach business owners that you are affiliated with. Popular locations for your vending machine may include malls, car dealerships, repair shops, banks, schools, and hospitals.

Marketing

Spend some time marketing your services to potential clients. Keep your vending machines stocked and working properly. Once you have your locations in place, purchase the machines, and get them running. You may want to start with a few machines with a minimal upfront investment. Get a reputable supplier of commercial quality vending machines.  Approach store owners let them know about your new business. Set them up and start making money.

In some places you may have to offer the store owner a percentage of your vending sales.

Reference:

Gumballs: How to Start a Vending Machine Business or Route

Business Ideas: How to Start a Vending Machine Business

[image of vending machine] (n.d). retrieved from  http://www.oregonvendingmachines.com/

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