Starting a Vending Machine Business

I am hoping to give some guidance in starting a vending machine business from experience, I have been in the Vending Business for a number of years now. It started off as a gumball vending business and expanded into table football,other candy and snacks.

Starting a Vending Machine Business in a Recession

Vending is no doubt about it a great business to be in. I started my gumball vending business as a sideline and it soon became to grow and grow and is now my main source of income having just sold a Financial Services Business which just goes to show how profitable a Gumball vending business can be, and for that matter any vending business, in a nutshell if you are thinking of starting a vending machine business, I would say go for it, but read on for advice. What I have seen within the past couple of years with the recession is that the Gumball Vending Business unlike the Financial Services Business has stood up pretty well. Of cousre there has been a drop in sales this is expected due to the economic climate, but that would certainly not deter me from starting a vending machine business now.  Who would of thought a gumball vending business would be as profitable as it has been?

Key to starting a vending machine business

The key to a starting a Vending machine Business is location location location. Nothing more nothing less. Starting a vending business will live or die on its position. Malls, kids play areas, bars and some great places to site machines. If you starting a vending machine business and want it to be  successful  avoid hair salons beauty parlours and gyms. In my experience if you are starting a vending business it will not be profitable if you have machines in these locations

Cost of Starting a Vending Machine Business

Costs can vary in starting up a vending machine business, I advise to do your homework and start small. Ebay is a great place to look to find great second hand machines and you will find many great deals on this site. Buy 2 or 3 find sites and before you know it your dreams of starting a vending machine business are reality. The hours are short and you are always out and about which is great.

Any regrets starting a vending machine business

I get asked this question a lot, do I regret starting a vending machine business? Short answer is no, of course not. I now have in excess of 180 machines and have an employee who does the bulk of the work. So now money for nothing.  If you would like to know anything else or have any specific questions just post and I will get back to you.

In short thinking of starting a vending machine business, then go for it.