When you start a bulk vending machine business, it is very easy to spend thousands of dollars buying your machines. If this upfront cost is not kept in check, your overhead will doom you to failure. Below are 3 ways to buy your vending machines cheaply and help you to have a profitable business. The last one may surprise you.
Buy Machines on eBay: I see machines that sell on Ebay for as low as $50.00 each both new and used. Not bad compared to $150.00 or more for brand new ones. Remember though, if you buy machines on eBay, you need to make sure to always try and purchase the same type of machine regardless if you buy from different sellers since it will make your life a lot easier when trying to interchange parts and supplies between your machines.
Newspaper: Place a want add in the local paper for vending machines. Say that you are looking to purchase some and would like to be contacted by any vendors looking to sell them.
Here is my favorite: Go to local stores and shops and start looking for vending machines. Find the vending operators contact information on each one. Almost all of them have the owner's contact info on the front or back. Then, go home and give them a call. Tell them you are a vending operator in the area and you are looking for other operators who may be selling their machines. You will be surprised how many people you will find who are worried sick about how they are going to get out from under their vending route. Why? Because they paid too much for them and have been working for free for 1-3 years. Or, they may have new obligations in their life and don’t have time to manage their route any more. This is your opportunity! I have personally bought whole vending routes for as little as $50.00 per machine. That’s the machine, location, change inside and the candy that is already inside. The best part is, you don’t have to do all the footwork and labor placing them and putting them together and the money already in the machine helps offset your tiny investment.
Saturday, November 21, 2009
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