Vending machines can make good money. The amount of money a machine makes depends on location, goods sold, and number of machines.
Earnings and Costs
Vending machines typically generate $25 to over $100 weekly. High-traffic locations with multiple machines significantly increase earnings. Inventory is a key cost that changes based on the sales.
Location and Product Selection
Location greatly impacts success. Machines in busy, high traffic locations like malls and stadiums earn more. Choosing the right products is also important. While profitability varies, certain items like snacks and drinks tend to sell better. Cashless payments and loyalty programs can further increase profits.
Income Potential and Maintenance
Overall, a single vending machine earns a relatively small profit each month, usually between $50 and $300 per week. Owning multiple machines in prime spots can add up to significant passive income. Proper maintenance is critical to keeping the machines working and profits flowing.
Investment Costs
The cost of a typical new vending machine is usually between $3,000 and $7,000. Many vending machine business owners rent the machines.