How to Start Your Own Vending Machine Route

A vending machine route is known as a "Turn Key" business . A turn key business is a business you start that requires little or no maintenance at all . To start your own vending machine route , you can either purchase someone else's route or start your own from scratch . Read the steps below for further instructions

Instructions

1. First and foremost you need to purchase a few snack and soda machines . One thing to remember when purchasing vending machines is to buy them used. A new vending machine can cost anywhere from $800 - $2000+. A used vending machine in good condition will cost $200 - $500 each. Buying used machines will stretch your dollar and leave you with more money to put into your business.

2. Depending on where you live, shopping for a vending machine shouldn't be any trouble at all. You can get a great deal buying someone else's vending machine on craigslist.com or ebay.com. Most people on these sites are liquidating their machines and selling them for near pennies on the dollar. If you find a machine that is a little bit out of your price range don't be afraid to haggle. You will find that most people are more than willing to work with you on the price.

3. Okay, and now to the most important step...location. The location of your machine will dictate how much money you make each month. Some of the best locations are schools, shopping centers, malls, office buildings, factories, malls, etc. Basically anywhere there is a lot of foot traffic, will have big profit potential for a vending machine.

4. There are two ways to go about getting a good location. You get Yellow Pages out and start "cold calling" or you can use a vending machine placement service to do the work for you and find a location for a fee. This fee is usually in the $100 - $200 price range. Using a service to find a location for you is great, however the large service fee will cut deep into your wallet. It is for this reason that many vending route operators take it upon themselves to find their own locations.

5. Once you have your machine on location , be sure to re-stock it about every 2 weeks or so ( depending on your location). Be sure to purchase your snacks and soda in bulk, this will save you money and increase your profit margins. Many vending route operators purchase their snacks/sodas from Costco or from bulk product websites such as vendingconnection.com.

6. As you get the hang of things, start to expand your vending route . Eventually you will have enough machines on location to generate full time income with only a few hours a week of work.