Can I put a vending machine in an apartment?

While apartment buildings do make for a great vending machine location, sometimes the space available is limited. Combo vending machines are also a nice option if you don’t have a lot of extra money to invest in your vending machine business. They’re almost like two for the price of one!

How much can you make off owning a vending machine?

Yes, vending machines can be profitable. The average vending machine earns $35 a week, but vending machines that are well-stocked and placed in safe, high-traffic locations can generate over $400 a month.

How much does it cost to have a vending machine put somewhere?

This fee varies depending on the type of machine installed, but typically ranges from around $5 per month for simple stand-alone machines, such as gumball machines, to as much as $50 per month for coffee and snack vending machines that require electricity or water.

Do vending machines use a lot of electricity?

Most vending machines, especially refrigerated beverage machines, waste a lot of electricity because they use more than is needed to keep the products cold and operate the lights. Businesses can save money and reduce greenhouse gas emissions by replacing their vending machines with models that waste less electricity.

How much does a Coca Cola vending machine cost?

The machines are installed, stocked with products and serviced/maintained all at no cost. However, if you are looking to purchase a soda vending machine and stock in yourself, they generally start around $3,600 for a quality unit. Snack machines start at around $3,000.

How much does it cost to run a Coke machine?

At an average electricity cost of $0.12/kWh, operating costs can range from $300 to over $500 per year.

Can you really make money with a vending machine business?

Yes, you can earn money by placing vending machines to high traffic spots such as hotels, shopping malls and large office buildings and schools. The success of a vending machine business depends largely on where business machines are placed.

What are some other location ideas for vending machines?

Some other location ideas for your vending machine include: 1 Schools 2 Hospitals or medical centers 3 Grocery stores 4 Airports and shopping malls 5 Laundromats 6 Apartment complexes 7 Manufacturing plants

Is a vending machine business a good side hustle?

Other than its surprising profitability, running a vending machine business is pretty versatile. It can be a great weekend side hustle, a low startup-cost business, or an interesting new way to expand your portfolio. Ready to make your fortune off grab-and-go snacks and beverages?

How do I start a food and beverage vending business?

To make the most sales, cater your offerings to a specific, location-driven market. For instance, you might stock your food and beverage machine at a gym with protein bars and shakes, or stock a school vending machine with juice and granola bars.