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Topic: Locations For Vending Business
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The number one question I get emailed to me from new vendors is "what are the best locations for my new vending business?
This is a difficult question. After years of running a vending operation I can say that with the exception of hospitals and schools, there is no way to prejudge how good a location will be until you actually setup the equipment. We have been surprised by the volume in locations we seriously considered passing on, and equally surprised by landing a "prize" location only to find that the volumes were pitiful. Schools do very well but it looks like legislators are trying to curtail that (anti junk food and soda). Also, those are the locations with the most competition.
When asked what was the best locations for vending business I guess my answer would have to be, "Hopefully our next one!"
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!
Testimonial
Hi Uncle Rob!
I wanted to let you know I really enjoyed the information in your book. It was very helpful and easy to understand. I am just getting into vending and I almost bought one those "business opportunities" the only reason I didn't is because I refused to go into debt for something I did not have to. They would not sell me one machine they wanted to sell me at least 10 "so I would be profitable."
Ha!
Its not profitable or smart to pay high interest rates.
The resources you gave where very helpful and I really appreciate you sharing your experience with me. I love to learn from other peoples mistakes so I can make new and inventive mistakes of my own :-) lol
Any way I just wanted to tell you I did not have any problems downloading and reading your information. It was easy and it was great!
Thanks Again,
Jenny ..(email on file)
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..
Today's Vending Business Tip
Keep In Touch
Make sure that a location is aware you want to be their vending solution. We once walked into a snack/pop location we had serviced for years only to find a full size coffee machine right beside our equipment. When we asked why they didn't ask us to put a full size coffee machine in, they said, "Oh!, we didn't know you do coffee too!". (A costly mistake for us)
Vending business news;
Red flag up on business opportunity seminar (Vancouver Sun)
VICTORIA - Vancouver Island residents who have been invited to a Freedom Financial vending-machine business opportunity seminar this weekend at the Victoria Marriott are being urged to use caution before making investment decisions.3 suspects held in vending machine thefts (The Press-Enterprise)
Three men were arrested this week on suspicion of stealing vending machines from around southwestern Riverside County, authorities said.What a drag: Smokers, bar owners say Legislature should butt out of business (The Bay City Times)
Jackie O'Quinn of Bay City is moving south soon, to either Georgia or South Carolina. And after the state Senate's vote to ban smoking in Michigan businesses, the cigar smoker knows he's making the right decision.Burglary under investigation at Broughton Street business (The Times and Democrat)
A Broughton Street business was burglarized this week, resulting in more damage being done than items taken.
Locations For Vending Business