How to Start a Vending Machine Business, Cost, Tips, How Much You Make
How to get started in the vending machine business step by step. How much can you make? How to 4X to 7X your profit every year. Watch to the end to see this! Please "Like," SUBSCRIBE: https://bit.ly/BusinessGuySub |
FAQs
WHERE TO BUY A VENDING MACHINE
https://vending.com/
https://www.samsclub.com/c/vending-machines-vending-concession/2247
https://discountvending.com/
https://onlinevending.com/
https://www.craigslist.com/
https://www.ebay.com/
Vending machine sample agreement: https://www.leaplaw.com/pubSearch/preview/4072_VendingAgmt.pdf
(Sample only. Get attorney advice before using.)
What does, “sell the route” mean?
Sell all the machines where they are placed and generating revenue.
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0:00 Introduction
0:02 HOW A VENDING MACHINE BUSINESS?
1:51 FIND THE RIGHT LOCATIONS
2:23 EXPLORE YOUR FINANCING OPTIONS
3:22 Business Guy BG VENDING MACHINE COSTS
6:29 SET UP AN LLC
6:53 CONSIDER YOUR OPTIONS
9:25 SPECIALTY VENDING
12:46 FIND YOUR VENDING MACHINE
14:04 STOCK YOUR VENDING MACHINE
14:19 X - 3X Your Cost
14:31 EXPLORE YOUR FINANCE OPTIONS
15:03 SHORT TERM LOANS
15:36 MAKE THE RIGHT INVESTMENTS
15:51 VENDING MANAGEMENT SYSTEM (VMS)
17:40 BULK VENDING
18:14 = YR PROFIT X4
18:23 X $24K = $168K