- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone own vending machines?
Posted on 12/9/22 at 2:57 pm to TheOcean
Posted on 12/9/22 at 2:57 pm to TheOcean
This is going to seem stocker-ish but so be it, but aren't you a lawyer that claims to own multiple rental homes including a short term vacation home or two? And you are looking to own and restock vending machines?
Unless you have a lead on a place that is being built that could use a bunch of vending machines, my limited experience here is that there are people that do this already and they are hustlers so the chances of finding a location that's been around is slim to none. The money on vending machines is not enough to make it worth it unless you are planning on hustling hard. You will need to restock it routinely which is a PITA, an empty machine will piss off customers and turn people away.
Unless you have a lead on a place that is being built that could use a bunch of vending machines, my limited experience here is that there are people that do this already and they are hustlers so the chances of finding a location that's been around is slim to none. The money on vending machines is not enough to make it worth it unless you are planning on hustling hard. You will need to restock it routinely which is a PITA, an empty machine will piss off customers and turn people away.
Posted on 12/10/22 at 1:27 am to baldona
I'm all about finding side hustles
Posted on 12/10/22 at 5:25 am to baldona
quote:This is 100% not true. Now you are not going to make much owning only 1 or 2 but when you get around 15-20 you can make a decent amount of change. Especially if you find some places that have high level of walk through traffic.
The money on vending machines is not enough to make it worth it unless you are planning on hustling hard.
Even starting small such as a local mechanic shop that may only make you a few hundred a month is better than nothing. The mistake some make is buying used and then having issues having to fix, especially if you are not a mechanically inclined person and you have to hire someone out.
quote:It isn't like this takes hours. Depending on the size of the machine and how often you can visit the location it only takes a few minutes to restock. You get a CC and it can give you real time information on what is being purchased so that you can see what is low. Some of the higher end machines can allow you to know what is low as well.
You will need to restock it routinely which is a PITA,
quote:Also not true, if you can make a relationship with someone you can get them to add your vending machines even if they already have some. It really depends on the person and how well they can interact with people. Plus find any new construction and see who the manager is and discuss with them. Some places will rent you the space but if it is a high traffic area it doesn't really matter.
so the chances of finding a location that's been around is slim to none.
Like all start ups it will cost money at first and take some time to start seeing profits. Cost of a quality machine would be around 5k then you are looking at a couple hundred stocking and restocking the machine. However, once you get a few of them going you can make money and they really don't take long to restock.
Popular
Back to top
Follow TigerDroppings for LSU Football News