When it comes to maximizing profits in the vending machine business, certain types of machines have proven to be exceptionally lucrative.
Top Vending Machine Categories
Here are the top three vending machine categories that can potentially make the most money:
- Snack Vending Machines
- Coffee Vending Machines
- Soda Vending Machines
Location: The Key to Vending Machine Profits
- Selecting the right location for your vending machine is essential in generating revenue.
- The average vending machine brings in more than $75 in profits every week and more than $300 in profits every month.
Bringing In the Cash
The average machine will make you $160 a month, but if located in a high-traffic area, it can generate over $400. Americans spend about $27 per person per year on items from vending machines, with the average transaction around $1.75.
Legal Aspects and Setting Up
Note: You can’t just place your vending machine anywhere without permission! Most locations will require you to comply with state and local vending laws.
Bulk Vending Machines: High Profit Margins
- Bulk vending machines are among the most affordable ones and bring in the best profit margin for the vending machine business.
Advantages of Vending Machine Businesses
With the right set-up, vending machines can be an incredibly profitable venture.
A Guide to Vending Machine Profits
Looking to start a vending machine business but not sure which type of machines are the most profitable? You’ll learn everything you need to know to launch a successful and profitable vending operation.
Strategic Vending
- Coffee vending machines report profit margins over 200%.
- Soda vending machines can also be quite profitable if placed in strategic locations.
Competition and Maintenance
It’s important to keep an eye on the competition when choosing locations for vending machines. Ideal locations should be clean, well-maintained, and safe from vandalism and theft.