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How To Make Real Money In The Vending Business!

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So you want to get into the vending business! You will need to know the basics if you want to make any money in this business without losing your shirt. You see this business can be great as there is a lot of money to be made by anyone who really puts in the effort and wants to make it happen.

The vending business can be very lucrative but you have to do some homework and research before jumping in. This way you stand the best chance for making smart business decisions that will see you keep more money in your pocket.

What I mean by this is that vending machines are not cheap to buy. Yes if you can find a good deal on a used vending machine that is in good condition and get away with spending only $ 500 – $ 1000 then that’s great!

Some machines can cost you anywhere from $ 1500 all the way up to $ 8000.00 depending on the type of machine, make and model. So doing some homework before hand is essential as many people have been sucked into the vending opportunity seminars and end up dropping tens of thousands of dollars on vending machines that just end up sitting in their garage.

Don’t let this happen to you! You can find local vending distributors in your area by opening up your telephone book or using the internet search engine to find a company in your area. When there ask questions and get pricing.

If you are just starting out in the vending business it may not make sense for you to spend several thousand dollars on a new machine. It may be wise to find a local vending company who is already operating their business in your area and ask if they have any good condition used vending machines that they can sell you. You should also be able to find a company that sells used vending machines.

The trick to making real money in vending is to find a good location where you can set up your machines and pay off your machines within the first 12 to 18 months. This will enable you to grow your business more quickly and expand as needed.

Buying pop and snack vending machines to start out with will benefit you greatly as the products that vend through these machines offer high profit margins. A can of pop and a bag of chips are relatively cheap and can be sold for double your cost price.

Coffee and food machines cost more and are require a bit more maintenance. Use these types of machines for locations that employ high numbers of employees 150 -250. If you get requests for these types of machines make sure that your location is a viable one and that they having the staffing requirements to make it worth your while to place the machines.

Remember some vending machines can be expensive and if you have to drop $ 10,0000 dollars for one location and you end up pulling out only $ 100 per week in sales, it will take you years to pay off your equipment and will leave a sour taste in your mouth.

When starting out in the vending business look at setting up a few pop machines to start out with to get a feel of how this business works and the buying trends of your customers.

After you get a few of these set up then look to expanding with some snack vending machines. This in my opinion is the smart way to start

 

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Turnkey, Websites, Affiliate, Website, Moneymaking Site
Turnkey, Websites, Affiliate, Website, Moneymaking Site
Turnkey, Websites, Affiliate, Website, Moneymaking Site
Turnkey, Websites, Affiliate, Website, Moneymaking Site
Turnkey, Websites, Affiliate, Website, Moneymaking Site

Turnkey, Websites, Affiliate, Website, Moneymaking Site

Turnkey, Websites, Affiliate, Website, Moneymaking Site

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