How to Sell a Used Vending Machine

Vending machines can disperse anything, from soft drinks, candy, gum, frozen foods or snacks, to supplies like pens and pencils. Depending on the type of machine, potential buyers might include commercial real estate owners, school districts or small businesses. You can sell a used vending machine to a buyer directly or to a wholesale distributor.

Instructions

1. Assess the vending machine's condition to ensure that it remains operational. If the machine needs substantial repairs, consider selling it "as is" to a wholesaler who can sell it for parts or refurbish it, even though you will receive less money.

2. Post several advertisements online using usedvending.com, Ebay or Craigslist. Some vending machine-specific websites charge monthly fees for each classified ad. If possible, upload multiple photos of the machine (empty or full) from different angles.

3. Contact distributors such as Vendors Equipment (at 203-574-5983 or [e-mail]) for information about their vending machine needs. Vendors Equipment even will take care of the shipping for you. Limit vending machine ads to your local area if shipping becomes an issue.

4. Approach small business owners throughout your community, because some businesses maintain vending machines in client waiting areas or staff break rooms. For example, a new restaurant or daycare might be interested in adding a single machine.

5. Discuss or negotiate your warranty policy. You might offer a limited warranty and cover any repairs within 20 days. Mention any exclusions you'd make on that offer, such as acts of vandalism, floods, power-surge problems and fires.

Tips & Warnings

• Assess market rates to determine a reasonable sales price.

• Include the vending machine manual, if available. The market price for many manuals averages around $35.

• Consider different payment options. For example, a potential buyer might be unable to pay in full today and request credit terms, such as $500 down and $100 each month.

References

• Vending Connection: Classifieds
• Vending Equipment: Bought & Sold