VENDING MACHINE NAVIGATOR
Vending Machines - Catalog/Consultation
An excerpt from the vending counsel page. Click here to read the entire article.
"When choosing the right vending machines and vending business, remember the three “Q” ‘s:
And you’ll have a quality vending business.
The first step is to determine which vending business and vending machine gives you the best return on your money while taking the least amount of time. You want a good balance. Here’s what I mean. Let’s say you find a business that generates a great amount of money but takes a great deal of work. Well, anybody can make a lot of money. What good is the money if you don’t have the time to spend it? On the other hand, you may find a business that takes four or more years to earn your money back but little to no time at all. An example of this might be investment securities, the stock market etc. That’s a great way to leverage your time but with slow results, not to mention high risks. Vending machines which have a great capacity of gumballs, bulk candy, snacks and toys allow you to pick up a large amount of money. Simply wait until you visit the vending machine.
There are many types of vending businesses that produce a healthy return on your money, however some are very labor intensive. A perfect example of this would be soda machines and snack vending machines. The snack and soda (or drink) business is a great business. However, regardless of how good your locations are, there is a great deal of work involved. Picking up $100.00 profit at a location that has a soda vending machines and drink machine will take 1 to 1 ½ hours including drive time.
Let’s contrast this with another vending business. Let’s say you own another type of vending machine..." Click here to read the entire article.