How to Get Into the Bulk Vending Machine Business
Starting a bulk vending business allows budding entrepreneurs to build a great part-time or full-time income without the demands of operating a full-time business. Placing vending machines in productive locations may take as little as an hour for each machine, and a large number of machines can be serviced in a single day per month. With its flexible hours, large profit margin, passive income flow and "all cash" nature, bulk vending beats many other opportunities for profit and fun.
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Instructions
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Decide what bulk vending products you'll sell. Candy, gum balls, nuts, mints and other impulse snack products store well and remain fresh between service calls, and each may attract different customers. For example, candy will sell best in child-oriented venues, while mints or nuts may sell better in locations geared primarily at adults.
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Purchase bulk vending machines that are attractive and durable. Begin with a few machines to ensure that you enjoy the business before investing in a large number of them. Focus on buying double-head or triple-head machines to maximize your income from each location.
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Secure locations for your machines by visiting stores and shops in your area. While most fast-food chains are resistant to permitting vending, locally based businesses are generally more accepting. Restaurants, hair salons, auto repair shops, laundry mats--virtually any business with foot traffic is a good target for your machines. Join a local or national charity vending program to make securing locations easier.
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Buy your vending stock. Bulk warehouse stores, such as Sam's Club and Costco, carry many bulk vending products (including machines), but a wide range of products are also available from vending machine and product sellers. Buy enough to last for several months, but avoid overbuying product before testing each one to ensure that it will sell well in your vending locations.
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Return to the locations you've secured for your vending business and install your machines filled with product. Inform the business owner or manager that you'll be in once a month or so to service the machine, and leave your name and phone number on a sticker attached to the machine should there be any problems with it between service calls.
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Tips & Warnings
Test different products in each of your machines to learn which items sell best in each location.
While many national charity vending programs are available, you'll have an easier time securing locations if you can say that a portion of the profits support a local school group or charity.
References
Resources
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