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      Home LAUNCH Business Ideas Retail Business

      Vending Machines

      Make money off convenience products with a vending machine business.

      ExpertHub Staff by ExpertHub Staff
      Nov 25, 2009
      in Retail Business
      16
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      RelatedTopics

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      Business At A Glance

      Vending Machines

      Startup Costs: $50,000 – $100,000
      Home Based: Can be operated from home.
      Part Time: Can be operated part-time.
      Online Operation? No

      Business Overview

      Every day factories, warehouses, officebuildings and recreation centers are being constructed. What do thesebuildings have to do with a food business you may ask? A lot,especially if you’re considering starting a vending business, as all ofthese locations are perfect spots to install snack and soda vendingmachines.

      The snack vending business is a multibillion dollar industryin North America, and continues to grow each year. Entering into thevending industry is very easy. Simply purchase a few vending machines,stock and locate them, and you’re in business, right? Wrong. Thisindustry also has one of the highest failure rates due to the simplefact that people who start vending routes have often done so at themercy of vending route business opportunity companies. These companies,in exchange for $10,000 or more, promise huge profits to the operatorsof these vending routes. Subsequently the vending equipment is inferiorand usually ends up in the operator’s garage after four or five monthsof not producing any income while on location. There is no greatscience to making a vending route or machine pay for itself. The key tosuccess in vending is the same as opening a retail store: location,location, location. Research and source the right location and avending machine will not only make money, it will be profitable formany years.

      ExpertHub Staff

      ExpertHub Staff

      ExpertHub’s award-winning team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

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