How Vending Operators Can Make Money Without Substantial Costs
Are you interested in running your own business with good profits, low costs, flexible working hours and absolute control? If yes, you should try becoming a vending machine operator. Planet Antares is one of the best companies which help you in starting your own vending business.
Vending machines have a sort of universal presence and appeal to people of all ages, fields and cultures. You can spot at least one such machine anywhere you go. What most people don’t know or are slowly realizing is that there is immense potential for earning large profits in this business. Where the average profit in other industries is around 20% per sale, it can be as high as 80% in case of all cash vending machine business.
Costs
Vending machine owners have to incur a startup cost mainly including the price of machines. Smaller, simple design machines are much cheaper as compared to full fledged, customized ones.
Moreover, vending machine operators have to stock, clean and repair vending machines as and when required. Usually, this has to be done once in every 3-4 weeks. As the business owner, it is in your hands to set the kind and amount of products to be filled in the vending machine. There is a lot of difference in the cost of products filled and the price for which these are purchased by customers. For example, the cost of candy is just 4-8 cents whereas it is bought by customers for about 25-75 cents.
Profits
From the huge gap in the costs and mark-up of vending products, you can estimate the amount of profits that can be generated if your vending machines are well-located and functional. Usually, a Planet Antares vending machine holds about 25-30 pounds of products and a single operator can service upto 500 machines easily. This makes an average of 25-30 machines per day and apparently, a lot of profit for the vending machine operators.
Initially, you may start as a vending machine operator on a small scale for parallel income. As your business starts growing and shows good profits, you can convert it to a full time vending machine business and increase the number of machines and diversify to different locations.