Vending Machine Vendor

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Vending machines are by no means a novel business idea—they’re basically everywhere, after all. But for those of you looking to start your own business, there is a lot to like about the vending industry. Consider that there are millions of machines in the U.S. alone—and the vending machine industry generates over $23 billion in annual revenue. That's enough reason to explore how to start a vending machine business of your own.

How to start a vending machine business in 6 steps

  1. Consider all of your vending machine options: This includes food and drink machines, bulk vending, and specialty vending.

  2. Find the right location for your vending machines: Consider locations where you feel motivated to use a vending machine. Then work out an agreement with the proprietor.

  3. Find your vending machine: Vending machine sellers include manufacturers and wholesalers, secondary market retailers, and online resellers.

  4. Stock your vending machine with inventory: Consider site-specific needs when purchasing inventory for your machine. Also, don't over-order stock in the beginning.

  5. Explore your vending machine business financing options: The best financing options include a short-term loan, equipment financing, and inventory financing.

  6. Make the right investments in vending machine tools: A successful operation requires you to invest in tools that will help you run your business more efficiently, as well as prioritizing customer service.

The vending machine industry is an attractive option for both new and experienced entrepreneurs. Other than its surprising profitability, running a vending machine business is pretty versatile. It can be a great weekend side hustle, a low startup-cost business, or an interesting new way to expand your portfolio.

Ready to make your fortune off grab-and-go snacks and beverages? Here’s everything you need to know about how to start a vending machine business.