Vending Business FAQ’s

Vending business encompasses a large number of business opportunities. You may want to go for gumball, toy, snacks, beverage, music, juices, ATM, water or digital products vending machines. All these have diverse nature with specific pros and cons.

Automatic vending machine business is gaining great popularity nowadays. That’s because it provides easy, fast and convenient service to customers and ensures high profitability. Depending on the vending machine being operated, your per item revenue could range from a few cents to large number of dollars. However, heavy traffic locations are imperative to maximize sales and profits.

The most common vending business FAQ’s include the following:

How much money do I need to start as a vending operator?
Starting a vending machine business will not require a large amount of initial investment. You can go about it in several ways. Lease the vending machines, new or used, according to your budget and equipment features needs. Another option is to purchase an existing vending route. Good companies like Planet Antares Inc will even offer you financing options to purchase your vending machines and pay for them in installments.

Where can I get vending equipment from?
Vending machines can be purchased from vending machine manufacturers, distributors, retail wholesalers or brokers. Look for a reliable source after consulting experts and other vending operators. Select vending machines that are easy to maintain, locate and repair.

Do I need a license to start business?
Depending on your city and country laws, you may need a single or separate license or permit for vending locations placed in different states.

Which products will be best?
Snack and soda products are the most popular vending items. These are followed by candy, gumball and toys. Make sure that you buy high quality, branded products only.

How can I locate the vending machine?
Do it yourself by talking to good location owners or hire a professional vending locator. Several vending machine suppliers like Planet Antares Inc will help you with this function as part of their after sales services.

How much return can I expect?
As part of the $40 billion vending industry, your business has wide scope for substantial profits. Usually, you can get upto 50% returns on vending products. There’s tax saving too and most importantly, all cash income without any credit standing for customers.

How much time do I have to devote to vending?
You just need to service and restock the machine at regular intervals. This won’t take more than 10-15 minutes per visit.