The real question is, why not vending? According to Vending Times, total sales through vending machines have grown from $600 million in 1946 to more than $45 billion today. Dollar volume from vending machine sales continues to grow.
Why should you start a vending machine business? According to Forbes magazine, a vending machine business is one of the easiest businesses to start. Consider these other reasons…
Vending Machines offer extremely high profit margins
If you fill one gumball machine with a case of 850 gumballs that costs $29.00 and charge .25¢ per gumball, total sales from that one gumball machine will be $212.50. That’s more than a 700% return on your investment for each gumball machine you own! Gumballs.com offers a wide selection of gumball, candy and toy capsule machines to help you get started.
Vending Machines are all cash, all the time
In the next 5 minutes, one million quarters will go through vending machines. Vending is a 42 billion-dollar industry, the largest all cash industry in the world. With vending machines, there are no bad checks, credit risks, accounts receivables, or other collection problems that typically plague business owners.
Vending is a business you can start part-time while keeping your regular job
You can start off with as few or as many vending machines as you like and can afford, and expand your vending machine business at your own pace while maintaining your full-time job. It only takes about 3 minutes every month to service a vending machine. A route consisting of 100 vending machines can be entirely serviced by one person in two weekends.
Vending Machines allow for a flexible schedule
You can service your vending machines whenever you have time. It’s a great feeling knowing that your vending machines are hard at work while you are doing something else.
No personal selling is required with Vending Machines
Vending machines do all of the work for you, 24 hours a day, 365 days a year. Vending machines never stop working for you.
Vending Machines have no advertising costs
Your vending machines are selling nationally advertised and globally recognized candy, gumballs, snacks and soft drinks; the product sells itself! In addition, gumballs are the largest selling impulse item in the world.
Vending Machines provide immediate cash flow
Your income starts as soon as your vending machine is on location.
Vending Machines offer tax advantages
Deductibles from your vending machine business could include a percentage of home mortgage interest, property taxes, insurance, utilities, car expenses, meal expenses, traveling expenses, etc.
Vending is an ideal family-oriented business
Being able to involve members of your family in your vending machine business offers some advantages. You can work with your children in an environment that lets you teach them about successful business practices, sound personal ethics, and good work habits.
Now that you know some of the great advantages to operating your own vending machine business, it’s time to get started! Gumballs.com is proud to be one of the largest online retailers of bubble gum balls, gumball machines, candy machines, vending machines and other bulk vending supplies. Thanks for taking the time to learn a little more about our fun industry!