Hi y’all! after some research i’ve decided i want to ge to to the vending business. I’m doing a niche machine in hopes of good sales. I’m looking to buy a used machine in the 2-3k range off of facebook marketplace, and I wanted to know what questions I should ask the sellers, what I need to look out for etc. Also, how would I go about calling businesses and asking if I can place my machine there. Thank you!
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So you say you e done your research… have you really? This sounds like your research.
lol okay so maybe i haven’t done that much research. my research mostly consisted of me looking for side hustles that allow me to focus on school while also having an okayish income. i don’t need much. so yes, i guess this is my research. i’ve been reading up on machines though within the last hour and it seems like it’s more work than i thought. do you have any advice to offer?
u/Alarming-Mix3809 is quite correct - you’re putting the cart before the horse. Dig in and really do some learning before you move forward.
Start with figuring out what you want to sell, interviewing suppliers and getting reference accounts who are willing to talk with you.
I only use Crane/National vendors, Dixie Narco and Royal vendors but I have high volume accounts
Vending machines are a very tough business, if you don’t have any locations you don’t have a business. Vending machines need to be able to take cards as well as cash these days, you need 10-20 machines to effectively leverage setting up merchant accounts. I’d say if you really want to get into vending go work for a route service company for six months and see what your competition would be doing. They probably are pretty well optimized and not making nearly as much money as you think.