|  | | Home > Why Vending? | Why Vending? | So
why should you get into the vending business? Here are ten reasons:
1. Extremely high profit margins
At a cost of 4¢ per gumball, you make a 700% return on your investment.
Essentially, you are buying a case of gumballs for $25.00, and selling it
for $212.00. Isn’t vending wonderful?
2. Vending is an all-cash industry
In the next 5 minutes, one million quarters will go through vending machines.
Vending is a 34 billion-dollar industry, the largest all cash industry
in the world. There are no bad checks, credit risks, accounts receivables,
or other collection problems that typically plague business owners.
3. Vending is a business that you can start part-time and still keep
your regular job.
You can start off as small or as large as you desire, and continue to expand
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.
4. Extremely flexible schedule with lots of time off
You can service your vending machines whenever you feel like it. Nothing
feels nicer than knowing that your machines are hard at work while you are
away on vacation! Trust us...we know.
5. No personal selling required
Vending machines do all of the work for you, 24 hours a day, 365
days a year. They are always on the job and are never late for work. They
never insult customers, never call in sick, never give away free samples,
and never steal from you. They collect cash in advance, and they never take
bad checks or give out credit. They do expect Christmas bonuses though.
6. No advertising costs
You are selling nationally advertised and globally recognized candy; the
product sells itself! In addition, gum happens to be the largest selling
impulse item in the world.
7. Immediate cash flow
Your income starts as soon as your machine is on location.
8. The vending business offers major tax advantages
Deductibles could include a percentage of home mortgage interest, property
taxes, insurance, utilities, car expenses, meal expenses, traveling expenses
etc.
9. Vending is an ideal family oriented business
Being able to involve members of your family in your business offers some
major advantages. You can work with your children in an environment that
lets you teach them successful business practices, sound personal ethics,
and good work habits.
10. It is very cool to sell candy
You will have the privilege of saying, "I sell gumballs" whenever
anybody asks what you do for a living.
|
|
|
