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How to Start a Vending Machine Business in 2024 (step by step)

In this video Donald and Sarahkay goes over every step to start a vending machine business. Step 1 Find the vending machine location - [ ] There are different ways to start the a vending machine - [ ] The easiest and fastest way to starts a vending machine business is to buy a route 1. Buying a location just means your buying the place where to put your vending machine - [ ] You can find these routes and location on Facebook marketplace, OfferUp and Craigslist - [ ] Code call companies and ask to put your vending machine in their location Step 2 How much do you need - [ ] You can buy a vending machine for 300-700 dollars - [ ] When you start getting top tier locations go to vending machine suppliers. - [ ] Vending machine suppliers are more reliable and most time offer warranties and show you how to buy a use vending machine - But usually there more expensive and less likely to negotiate - [ ] How to inspect vending machine - [ ] For snack vending machine - [ ] Make sure that’s every coil works Put quarters nickels dimes dollars - [ ] For drink machines 1. Make sure that the vending machines accepts all forms of payment quarters nickels dimes 2. Make sure that the vending machine gets cold. - Tell the owner turn on the vending machine before you come because it takes about 15 minutes to get What makes a good location - [ ] Foot traffic - Many people are walking by - Make sure your putting your vending machine in a visible area - [ ] Seclusion - meaning that there are not that many stores around - [ ] Long hours- Find places where people wait a very long time - [ ] Put the right vending machines - [ ] Combo machines are very small and require good for small places where you can’t put both a snack and drink machine - [ ] Snack and drink combos are good duo - [ ] Makes sure you measure your vending machine location to ensure a perfect fit - [ ] We buy Dixie Narco drink machines and Royale drink machines - [ ] We buy Ap snack machines - [ ] Our cheapest vending machine was $500 most expensive is 3k - [ ] Stay away from Sega vending machines. Was told by seasoned vending machine owners that they have maintenance issue Credit card reader - [ ] We don’t have any are locations use mostly cash - [ ] Credit card reader charge you 3 ways first to buy then a monthly charge then on every product Different plays you can run with vending machine - [ ] You can flip vending machine location. - [ ] We bought a vending route for 3k and sold one location for 4k - [ ] If a location doesn’t want your service but wants a vending machine sell it to them. If you want this more in depth go check out our ebook We Wrote and E-Book on "How To Find Your First Vending Machine Location". Buy one today and get your business started!! https://payhip.com/b/aGZTy GOD BLESS! JESUS LOVES YOU! Join Robinhood with Donald's link and you'll both get a free stock 🤝 https://join.robinhood.com/donaldl1052 Support our Black-Owned Business: Shop DSK Products https://www.shopdskproducts.com​​​​​​​ SarahKay @sarahkayimani   / sarahkayimani   Donald @dnald14   / dnald14