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Vending Business Review

Years ago, before the Internet really took off, I used to think that owning vending machines was the ultimate no-hassle business. If I could just chalk up the cash to buy the machines, all I had to do was find places to put them, then collect buckets of cash every week.

I never quite took the plunge and invested my own money in a vending business, and I'm glad I didn't, because I found other ways to make money that seem easier to me.

There are indeed many successful vending businesses out there. But I believe there is one gigantic hurdle. That hurdle is to find good locations to place the machines. The vending business has been around for such a long time that every good location has already pretty much been spotted by somebody else. The way I see it, you would need to concentrate on new locations, like new malls, new grocery stores, new fitness centers, etc, and it is likely the competition will be fierce.

>> Click here for the #1 guide on how to set up a profitable vending business

I do think vending is a legitimate business, but it is probably way more difficult to succeed than most people think. If you want to run your own vending business, one way to get started would be to buy an existing vending route. Bizbuysell.com is a terrific site that lists businesses for sale in every state. You will see that there is a category for vending machines. As I write this, I see that for California, there are many vending routes for sale. A lot of them make $60 - $70,000 per year, and these successful routes usually sell for around $150,000. If you want to bypass the years of work that it may take to establish your own profitable vending route, buying an existing route may be a good alternative (assuming you have the money to invest).

Most people, however, do not have this kind of money to invest for an existing successful vending route. For people interesting in building their own routes, here is a course you might want to consider:

Vending Business Tactics Teaches You: How to find good locations How to rent vending machines (saves a lot of money over buying) How to avoid vending scams How to buy machines for cheap How to get locations to subsidize you How to get prospects to call you See the full list of course topics here All taught by a highly successful vending machine entrepreneur.