Buying an established vending machine route can be a fabulous way to get profitable quickly in vending.
But there can be some major pitfalls if you aren't careful.
If you find an established money making route being sold by an honest vendor who is looking to cash out, and you can buy it at less than one year’s net income, and the seller will hold some financing, Bingo!
However, if you are buying an established route from someone with bad locations (or about to lose some) who paid too much for his machines and is barely breaking even, you are just buying their problem. It is important to understand all the aspects of the vending business before you make an offer. Commission, maintenance, repairs, taxes, transportation, moving machines, upgrading machines and loss of locations from business closures, competition and moving must all be taken into account.
Buying a vending machine route at a great price is a terrific way to get right into the heart of the vending industry. You need to find out the real reason the vendor is selling.
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!
Patti and I started our vending adventure and it was an ABSOLUTE DISASTER!
We recovered, got to work and built a VERY profitable vending operation!
To read more details of our adventure 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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Readers Comments
Hello Rob,
I read your eBook when I first downloaded it this week. Like I told
my wife, that was the best $20 I spent all week. Your advice will save me a lot of
money right up front.
Thanks,
Bob Moore
..(email on file)
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Read More Readers Comments
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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