If you are looking to get started in a vending business, and are looking for a quick and inexpensive way to get your foot in the door, then you have landed in the right spot. Vending business is a great way to build your empire of easy-to-run, easy-to-maintain vending locations that provide secure, recurring income for years to come. In this article you will find three different ways to get started in the vending business, depending on your requirements and other constraints. The three ways to get started are: Buy cheap vending machines for sale by individuals, buy the whole vending route from individuals, or buy wholesale vending machines from a vending company. Let’s explore the pros and cons of each way of getting started. vending solutions
Buy cheap vending machine for sale by individuals
This is probably the least expensive way to get started in the vending business. By buying cheaply, you reduce your start up risks. This way of getting started requires dedicated time on your part as you will sift through the classified ads, visit with the sellers and inspect their locations and earnings. Also, you will need to be a handy man or have access to a person that knows the way to repair machines in case they break down. They will mostly be used machines, after all. To get started, two great places to check out are Craigslist and eBay. With persistence, you will get a feel for the market and will know how to distinguish a good deal from seller hype. With patience you will be able to acquire bargain vending machines through these outlets.
Buy the entire vending route from individuals
Often, the whole vending route will be for sale. You will be able to find these on Craigslist and eBay as well. This is a way to get started faster and with immediate income, but it will cost more. Be sure to inspect the dollar figures on previous months earnings, expenses, and take a note of the existing relationships with the owners of the vending machine locations. Since the risk is higher in buying the entire vending route, be prepared to spend more time doing due diligence. An advantage of this approach is that, likely, the machines on the route will be of the same type which can reduce the maintenance costs down the road.
Buy wholesale vending machines from a vending machine company
While buying new machines is the most expensive way to get started, it comes with the benefits as well. Often, the company will be able to advise you on the most suitable locations for specific types of machines, they will sometimes even provide you with the complete routes. Of course, you will be able to take advantage of the solid company warranties on each machine, and you will be assured of the possibility of quick repairs when needed. If you have money, and are serious about your long term involvement, this might be a viable solution for you. When you buy several machines at one time you should request wholesale vending machine pricing.