Information on Opening a Vending Machine Business

By Lanee’ Blunt
Start a vending machine business.

Know your goals and have a plan of what you are going to do to achieve your goals on opening your vending machine business. Decide what type of vending machine you want for example, bulk machines that dispense a handful of gumballs, or nuts, coffee or soda, candy and chips. The vending machine business does not require a big upfront investment, does not require a lot of overhead, and you can work it part time and keep your day job.

Analyze the type of machine you want to set up because if you are going to sell food you will need to have a Food Service license. A sales tax license is needed to collect sales taxes. A vendor and peddler license is needed to set up a snack machine for sales of all products in the device. The requirements may differ, so you must check with your personal local licensing department.

Show peddler license
If you have several vending machines in several locations you will be required to have a licensed sticker for every machine. The most popular locations for vending machines are in shops, schools, and corporations. A small company is a good place to setup a vending machine, in addition to hospitals and laundromats.

What you will need
You can purchase or lease them. Choose a good location that provides you with the highest amount of profit. Check out places which have a high amount of traffic and approach business owners. Popular locations for vending machines may consist of shopping malls, car dealerships, resale shops, banks, schools, as well as hospitals.

Low Investment
The investment is small when compared with other businesses, unless you’re purchasing bigger vending machines. Should you put the machine inside a location that doesn't have sufficient traffic or if your competitors has the same kind of vending machine but they're located in a much better location than your device is a disadvantage.

You may want to begin with a few machines having a minimal upfront investment. Get a reputable supplier of commercial quality vending machines.  Approach store owners inform them about your new company. Set them up and begin making money.

See also


[Image of a vending machine].  (n.d.). Retrieved from http://www.oregonvendingmachines.com/


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