You must register with your local authority as you are selling food and drink. You may also be required to have a street trading licence or a peddler’s certificate.
Exploring Vending Machine Profitability
What do you get when you type a number into a Cadbury vending machine? Coke vending machines have a code you can enter using the vend select buttons to show how many sales have happened.
Considering the deposits for locations and inventory, it’s possible to get your vending machine business off the ground with a working capital of £10,000.
UK Vending Machine Market
In 2017, the UK imported 67.7 million pounds worth of vending machines, which was a slight decrease from 2016. Data shows that there is one vending machine for every 55 people in the United Kingdom.
Before you jump on the bandwagon though, you need to keep in mind that you will need to follow a process in order to operate vending machines legally.
There is no question that you need a permit to begin a vending machine business in the UK. Try to find the contact details of decision-makers in these businesses and pitch to them your vending services and how their company would benefit from it.
In this comprehensive guide, we will explore the steps involved in setting up vending machines in the UK, covering everything from legal considerations to finding profitable locations and managing your vending business.
For instance, a vending machine equipped with healthy snacks might offer a clever opposition to junk food alternatives.
Setting Up Your Business
It is ideal to start with a location and scale out from there, determining the needs and wants of your target clientele.
- The cost of creating a business plan can range from:
- £500 to £1,500.
- Licensing and permits:
- In order to legally operate a vending machine business in the UK, you will need to obtain licenses from local authorities.
Licensing and Permits
Do you need a permit for a vending machine in the UK?
Yes, you must register with your local authority as you are selling food and drink. You may also be required to have a street trading licence or a peddler’s certificate to legally operate a vending machine business in the UK.
Business Overview
In conclusion, starting a successful vending machine business in the UK requires diligence when following rules and regulations, securing financing for machines, selecting locations strategically, and maintaining equipment regularly.