How to Buy Bulk Candy Vending Machines
People commonly refer to vending as passive income because the machines are making your sales for you. Anyone who has ever done vending, though, will tell you that running a vending business actually requires a lot of time. Bulk candy vending machines, however, require far less of a time commitment than do other types of vending machines.
Other People Are Reading
Instructions
-
-
1
Consider what you want to sell out of your bulk vending machines. The most commonly sold products from this type of a vending machine are gum balls, small candies and nuts. A good bulk candy vending machine will have an adjustable product delivery feature so you can control the amount of product that your customer receives on his vend.
-
2
Check to make sure the vend price is adjustable. The vend price of a bulk candy vendor varies depending on where you live and your local economy, but you will want the freedom of changing your vend price if the market price changes in the future.
-
-
3
Brainstorm about the types of businesses you intend to place your bulk candy machines into. If you want to put them into accounts where they might take abuse, you will want sturdy, solid metal vending machines. If you will be putting them near the register at upscale restaurants look for a more attractive machine such as a plexiglass bulk vending head on a wooden base.
-
4
Find out the cost of the items you want to vend and compare the cost of the product to the going vend price in your area. Be sure that you will be able to give your customer a fair size vend and still make a profit on each sale.
-
5
Look realistically at the income potential for bulk candy vending. Although some will make more and some will make less, an average bulk candy vending machine will make you approximately $25 in profit a month and will require service every two months.
-
6
Price compare when purchasing bulk candy vending machines. Ideally you want your machines to be paid for within six months of service. Therefore you would not want to pay more than $150 for a single head bulk candy vending machine. You can sometimes find good condition used bulk candy vending machines for as low as $25.
-
1
Resources
More Like This
Comments
-
bobbutler
Oct 07, 2008
Addendum: ... usually buying their machines at a significant loss to the original buyers, too. -
bobbutler
Oct 07, 2008
Before buying any vending machine for business purposes, a person should ask themselves can I go into a business and state something as "Hello, I'm Bob Butler; my wife and I operate Butler's Vending. We have this Gumball Vender on a stand (or whatever) which would do well here ... and best of all, we pay you 25% of the gross of the money in the machine each time that we come to service it! Where would you like us to put it?" If you can do that, you're half way there; if that gives you cold feet ... then operating vending machines is absolutely not for you! Because many folk are easily sold to, but do not have the ability to sell themselves, whenever they attempt getting into the vending machine business, inevitably their garage becomes their final resting place for the machines which they've bought, until someone with those skills comes along ... usually buying their machines at a sign
-
bobbutler
Oct 07, 2008
Before buying any vending machine for business purposes, a person should ask themselves can I go into a business and state something as "Hello, I'm Bob Butler; my wife and I operate Butler's Vending. We have this Gumball Vender on a stand (or whatever) which would do well here ... and best of all, we pay you 25% of the gross of the money in the machine each time that we come to service it! Where would you like us to put it?" If you can do that, you're half way there; if that gives you cold feet ... then operating vending machines is absolutely not for you! Because many folk are easily sold to, but do not have the ability to sell themselves, whenever they attempt getting into the vending machine business, inevitably their garage becomes their final resting place for the machines which they've bought, until someone with those skills comes along ... usually buying their machines at a sign
