The typical vending machine generates over $75 of revenue each week and over $300 per month. Some vending machines generate much less than this, while some vending machines generate much, much more. The more well-placed, well-stocked machines an owner operates, the greater their profits and revenue.

Many vending machine operators recommend buying used or refurbished machines, which you can find between $1,200 and $3,000. A new vending machine will cost anywhere from $3,000 to $10,000, depending on its size and features.

Buying a new vending machine usually costs between $3,000 and $5,000 new and $1,000 to $3,000 used. The main factors include the type of machine – snacks, frozen, coffee, etc. – and the features that come with the machine.

Pricing & History We have 2 Brand New Red Bull Vending Machines available! These machines cost $4800 NEW!

You probably could technically place a vending machine anywhere, but it’s not quite so simple. First and foremost, you cannot legally place a machine on someone else’s property and use their utilities without their permission or a contract. Second, not every location is ideal for a vending machine.

But why should you start a vending machine business? The vending industry is an attractive option for new business owners for a variety of reasons. The low startup-costs, low involvement, low risk, flexibility, and potential for growth are why this business idea is growing in popularity.

The machines are installed, stocked with products and serviced/maintained all at no cost. However, if you are looking to purchase a soda vending machine and stock in yourself, they generally start around $3,600 for a quality unit. Snack machines start at around $3,000.

6 Great Locations For Vending Machines

1. Apartment Communities. Many apartment complexes have a pool or a clubhouse.
2. Hotels. On average, hotels are among the most profitable vending locations and operators are always happy to have them as a customer.
3. Manufacturing Facilities.
4. Offices.
5. Retail Stores.
6. Auto Shops.

Money made from the machines is used to purchase additional inventory, cover maintenance costs, expand the business, and pay business owners per the agreed-upon rate in the contract. After all those expenses are covered, the remaining funds are profits for the vending machine owner.

If you are new to vending machines, though, here are a few tips to help you keep your machine stocked and running: In general, candy-only machines should be restocked about once per month. Snack machines should be restocked every week or two, and soda vending machines will usually need to be restocked once per week.

A simple Vending Machine Contract should include the following information:

1. Names of the parties and their legal addresses.
2. Location of the vending machine.
3. Requirements for the vending machines.
4. Duration of the agreement – the start and end dates of the contract.
5. Payment information.
6. Signatures of the parties.

Negotiate the percentage of sales you’ll pay to the owner in return for the vending machine’s “rent.” Offer in the low-to-mid range of what you can afford to pay and wait for his response. For example, assume you’ve figured anywhere from 10 percent to 30 percent of net sales.

Servicing & Maintenance According to ProServe Vending, a typical vending machine will need more inventory every two weeks in most cases. The amount of service a machine requires is dependent on several factors, including where the machine is located and how much traffic it gets.

12 to 24 years

Service, Repair Options, and Prices Basic repairs are $100 per hour (Machine malfunction, jams, and more) Intermediate repair are also $100 per hour (replacing major components, electrical work, and troubleshooting)

While most repairs are simple, some might be beyond your understanding or abilities. When that time arises, take a step back from the issue and let the professionals take a look so you can have your vending machine back in working order faster.