Aspiring to be an entrepreneur is a great thing and if you
feel that you are ready to be your own boss, then starting a vending machine
business can be one of the way to go. With just a few number of vending
machines, you are good to go. Being an owner of a vending route needs only part
time effort. Generally, a vending route owner schedules the servicing of each
of his machine on the same day of the week. Consequently, the time commitment
is eased, depending on the number of machines owned and the proximity of
locations of each of your machine.
Not everyone can start off a vending machine route with more
than ten machines. In such cases, it is better to have a business plan drafted
if you have the intention of expanding the business in future. You can start
off with considering how much revenue you want to generate from the business
and the number of machine that would be required to accomplish the target
revenue. For instance, if you are considering bulk candy vending machine
business, each machine generating $10 each month, then you might need to set up
hundreds of vending machines to accomplish the target. On the positive side,
you would need to service them every other month and stock only few types of
candies. And on the other hand if you consider combo snack vending machine
business, you would collect nearly $200 every month from each machine and after
deducting the expenses, you would generate a revenue of 50% i.e. $100 each
machine. So consider these things and then move on with the business.
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| vending machine |
