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Topic: New Vending Machines
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New vending machines? Most locations have no idea whether a machine is brand new or just refurbished.
The only person who knows and cares whether a machine is brand new of not is the vendor, and the banks loans officer. Obviously, the more you pay for a machine the longer it takes to be profitable. Refurbished machines can offer significant savings. Our philosophy was that we would only buy new machines for proven, established high volume locations. We always put in used machinery to test a locations volume. If the location proved to be very profitable we would consider buying new machines (to keep the location happy) and take the older machines out and find a new location for them.
Most new operators make the mistake of purchasing expensive new machines before they know what the revenue of a location will be. And, if someone tells you they can predict locations revenue, they are lying to you!
Did we buy new vending machines, yes. But it's not a good way to start.
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
I wanted to thank you for the great information in your e-book. I read it as soon as I received it. I am sure you get many of these types of letters, but I though it wouldn't hurt for you to hear one more story.
I was very seriously considering buying one of the packages you spoke about, machines, location services, product etc. I was actually in the process of rounding up the money. They wanted all the money up front, which actually made me uncomfortable, no 50% down and 50% upon receipt.
So the rest goes without saying.
I also zeroed in on the locating company section of your book. I was so excited to here they would be doing the locating. Silly me, I had envisioned a professional high end company with talented marketing and sales teams calling all there wonderful leads placing my machines in the best of the best locations because they had market research and demographic info on the communities businesses, educational institutions, hospitals, factories etc. and that they had working relationships with them.
Thank you, Thank you! So now if I still decide to proceed with this venture I would be going into it with my eyes wide open. Not sure I want to do it at this point.
Thank you for saving me from a potential mistake...they do not have any of my money or contracts from me. Now if I choose to do this I have some good information and directions as a result of your book. $20 was well worth it!
Thank you so much,
Christine Donohue ..(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
If you are considering buying an electronic machine make sure it is has "multi-price" capable. Being able to offer different pricing in snack and soda machines allows you more flexibility in product selection (and profits).
vending machine news;
Drink machine blamed in Ky. barn fire (The Indianapolis Star)
HENDERSON, Ky. -- A thoroughbred trainer claims in a lawsuit that an incorrectly installed vending machine caused a barn fire that killed six horses in western Kentucky.Recreation centre vending machine snacks get a "healthy" boost from council (Etobicoke Guardian)
Vending machines in city recreation facilities may contain peanuts - but at least 20 per cent of the items they sell will be classified as "healthy" snacks, Toronto Council decided last week.CITY HALL: Recreation centre vending machine snacks get a "healthy" boost from council (East York Mirror)
Vending machines in city recreation facilities may contain peanuts - but at least 20 per cent of the items they sell will be classified as "healthy" snacks, Toronto Council decided last wee...Graffiti 4 Sale (Gothamist)
Graffiti accessories have received the vending machine treatment ! Animal reports that the "Smart Crew have come up with a great way to parlay their love of graffiti, piss off public paint hating politician Peter Vallone, and make some money in the process: vending machines that sell fat caps for spray paint." The collective's art project is functional and they're currently looking for ...
New Vending Machines