Tuesday, August 23, 2011

I want to Start a Vending Machine Business. Any Advice? -

I am presently unemployed, but in a good financial situation. My background is in the Food Beverage industry, so I think that starting a vending machine business might be a good way to go. I am leaning toward setting up machines with healthier choices, not soda, candy and chips.

I think that you are on the right track with healthier choices. In the past ten years traditional vending machines businesses have seen profits slipping due to increased fuel prices, and tremendous competition. Most really good locations have been locked up by established vendors for a long time, so you need to do something different to see any success.I have a few bulk candy machines that I bought used from another vendor who spent far too much for them new. Even paying 25 cents on the dollar for his equipment, I am not seeing returns that are very encouraging. I ve spoke to two of my locations about juice/ water/ healthy snack machines, and about half seem willing to switch out their current machine for something with healthier options.All the best to you.

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