How Lucrative Can Vending Machines, Candy Vending Machines, Sticker Machines, Etc Be??
February 8th, 2010 Posted in Información General
I was thinking about investing in some for a little extra cash.
2nd question- How much do you usually have to pay a store owner to get them to put your machines in their store?
February 8th, 2010 at 11:38 am
This is one of the things I’ve looked into before. It is a lot of work. Be prepared to work 7 days a week and have very long days for it to be lucrative. Jennifer
February 8th, 2010 at 11:38 am
I’m thinking of doing the same thing, but I’m doing my research on them myself. I’m a college student, and an aspiring businessman/attorney. The Pro’s of the business is barriers to entry, and low initial investment. I mean a poor college student working a job could afford to risk 3 or 400 bucks on a machine even, so if you do lose money what they hell, the reward is great where you can make a return on your investment of 50% of more. The negative is vending routes are risky, the competition I’m assuming is very fierce, because of those same low barriers to entry and small investment. Myself personally has set a goal of a machine every other month, to I peak out. It seems like the smarter routes have all the machine space taking already so you have to search for a profitable space, which I can bet is pretty hard.
Though it’s not a bad idea for someones first shot at business.