Vending Machine Sales - It All Depends On Location And Machine
by Peter Crump
The vending machine sales that you might realize from your vending machine
business are hard to predict. The sales depend on the machines that you use and
where you place them.
You do need to have a business licence or a seller's permit in order to have
sales through vending machines. However, it doesn't matter how many machines you
operate as part of your business - one permit will cover them all. However,
there are exceptions to this law. If the items that you sell cost less than 15
cents then you don't need a permit for your vending machine sales.
The start up costs for vending machine businesses vary according to the types
of vending machines that you start with. For the most part, people usually start
off with one or two smaller machines, such as candy or gumball vending machines.
These are the least expensive but they do generate a lot of vending machine
business sales. You do need to look at the cost of the machine and the cost of
the candy as well as where you plan to place the machines to try to predict the
amount of vending machine sales you might realize.
To help you understand the vending machine business sales that you could realize
with just one candy machine, first write down the cost of the machine. If you go
with a new machine, this will be about $300 and a bag of 850 jawbreakers costs
$50. When you sell the jawbreakers for 25 cents each, your total vending machine
sales will be $212.50.
Deduct the 40 percent commission that you pay to the storeowner, which amounts
to $85. The rest of the money is yours, so when you deduct the cost of the candy,
you have a profit of $127.50, just from one candy vending machine. If you buy a
used vending machine, it won't take you as long before the sales turn into profits.
The more machines you have, the higher the vending machine sales you will realize.
For the first few months after you get started in the vending machine business,
you will be paying back the money you invested in the vending machines you bought
to get started. However, it won't take you long to do this and if you have all
your machines in the same location, you only have to make one stop to take out
the money from the vending machine business sales and restock the machines.
When the money you have from your vending machine sales is all profit, then you
will probably start to think of expanding by buying more vending machines.
Diversify your vending machine business and increase your sales by investing in
different types of machines and find different locations to place them in.
You can still use the same day of the week for the servicing and you don't have
to give up your regular job. However, as you so start to have more and more
vending machine sales, this can become your only source of income and you will
be your own boss.
To find out more about Vending
visit Peter's Website Vending Explained and find out about
Vending Machine Sales
and more, including Gumball Machines, Candy Machines and buying Vending Machines.
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