We got into the gumball machine business differently than most. After establishing our business with larger soda/snack/coffee machines we then expanded into the gumball machine business.
Whenever you can buy product for 2-3 cents and sell it for 25 cents you can make money! We found it much easier to place these smaller machines. You can use the charity stickers or pay a commission to a location. Beware some locations asked for 50%. Both charity and commissions work well in the gumball machine business. If you can find inexpensive machines you will be profitable. If you overpay for machines (like most new vendors) you will probably never make really good money.
You need a lot of machines for a very successful gumball machine business, but you can build it slowly over time. If you can find inexpensive machines and locate them yourself there is real money in the gumball machine business.
If you would like to learn more about the vending business before you invest your hard earned money in vending machines I suggest you read a FREE report I have written entitled "Vending's Dirty Little Secret". To find out some information most vending machines salespeople don't want you to know click here to get the FREE report!
If you would like to read more about how Patti and I started off completely the wrong way and still built a profitable vending company click here
- Rob Farnham (author of "Small Change, Vending Insider Secrets Revealed")
An actual owner/operator of a full line, full time vending business for many years!
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Testimonial
Hi Rob,
I read your entire eBook & found it invaluable. You probably saved me about $35k that I was considering spending with (company name witheld).
I know a woman who spent a ton of money on vending machines that are sitting in her garage.
I feel bad for her & told her to get your ebook.
I think I will take your advice & start off slow and build my profits without going into debt. Then decide if I can grow the business from there. Thanks again, its the best $20 I've ever spent. To all those thinking about entering the field of vending, please do yourself a big favor: buy & read this document. You will be glad you did, I guarantee that. You will probably even say to yourself " thank God I read this eBook before I signed on the dotted line!", which is exactly what I told my wife.
Thanks again,
Jim R..(email on file)
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Read Many More Testimonials
Do you know the 3 Magic Questions to ask a "vending bizop salesperson" to find out whether they know what they're talking about?
Do you know why it is so hard to find REAL information
about the vending industry?
Would you like to know a simple way to start a vending business with very little or no money (maybe even FREE machines)?
To receive your FREE REPORT Vending's Dirty Little Secret click here..
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Today's Vending Business Tip
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Two Birds With One Stone!
Try to find people who can approve multiple locations when trying to place machines. Property management companies might respresent many apartment complexes. Some business owners have multiple locations. With one "yes" you can secure multiple profit centers.
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Gumball machine business
news;
The China syndrome (Ahwatukee Foothills News)
When corporate America tied its future to globalism, it made a deal with the devil. The record profits reaped by outsourcing U.S. manufacturing abroad came at a high price: the risk to the good names of the country's biggest companies.
On the wall: Accomplished artist gets his feet wet with first mural (Livonia Observer)
When Dan Fairbanks' dad wanted to buy him an easel, his mom disagreed.