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Topic: Sell Vending Machine
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Trying to sell your vending machines can be disappointing.
Unfortunately, many vending machines are purchased by new vendors who attend a hyped up business opportunity seminar. These glossy presentations end up with new operators paying far too much for machines. This leads to an over supply of machines sitting in garages and basements. When these vendors try to recoup their costs they find they can only get 5-10 cents on the dollar. The best thing to do would be to try and place these machines on locations. A machine by itself is not of great value (unless an operated has a specific location and needs a specific machine tomorrow!). However, a machine on a good location is worth much more.
If you are trying to sell a vending machine consider trying to place it first, it will be of more value to the buyer.
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!
Readers Comments
Uncle Rob
My wife and I definitely think we received much more than $20 worth of advice. You probably saved us more like $10000. We attended a biz-op expo and were quite excited by one opportunity by an apparently well-known company (with a claimed 4000 "distributors"). We decided to look into the business and industry a bit more closely before attending a one-on-one the following night, which would have had us spending $15000 for two combo dispensers (and some "coaching").
It's amazing how much "information" is out there, most of it disagreeing with every other source. Every vending manufacturer/rep has a different story, 180 degrees out of phase with their competitors!
I could go on, but I'm sure you know better than me how the business works. We still think it's a great business to get into given our circumstances and will pay close attention to your guidelines.
Thanks again for the inside scoop!
Best regards,
Tom and Grace Russell ..(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
Don't limit your snack machines products to just snacks!
We did well with putting "other" products in based on taking a broader look at the location. For example, toothbrushes (hotel), laundry soap (trucking company), baseball cards (apartment complex), and other personal toiletries. Be creative!
Sell Vending Machine