How I Turned Vending Machines Into A $300K Business | On The Job

Marcus Gram, 31, saved up $10,000 to start his vending machine business in 2018. His company, Joyner Vending, now has 21 vending machines spread across Philadelphia, Baltimore, Washington DC and Detroit - and it brought in over $300K in revenue in 2021.

About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.

Connect with CNBC Make It. Online

#CNBC
#cnbcmakeit
#OnTheJob
This 31-year-old brings in $300K with his vending machine business — here’s how | On The Job

[nishinishi]

This is the kind of story I wanted to hear! Not some kinda BS story where he started with 100 dollars and finally he is the CEO of an agency. Many people hide the real information or any unfair advantages they had behind their success to make their struggle look massive.
But this dude gave away all the info and it's very realistic! Wish him more success !!

[KarlRock]

Congratulations bro. Nice of you to share how you did it.

[zaprude]

Wow. What a humble, grounded man, slowly and patiently building an empire from the ground up and bringing his community up with him. He will definitely reach his goals! Wishing you all the best!

[dha]

This is awesome. He doesn't have to deal with customers and he still makes money.

[christophermondoux]

I love this story. He learned about a business, what customers want, what his margins are, and he has a plan to expand. Can’t wait to see him succeed.

[gamingK]

Even if he just takes 70k as clean profit that's a nice little business. . I would be happy making half of that in my country.

[AwokenEntertainment]

looked into vending machines for a while, great hustle.. awesome to see his success!

[paulhaley]

Such a stand up guy, you can tell he’s genuinely a good person

[Kosackk]

I wish the best for this guy, he deserves it for working this hard, he hit the jackpot with these machines!

[shaeidpatwary]

This guy is so transparent with his business, and I respect him. He has such a good soul, and I really dig his vibe. I wish I can be a business partner with him or even be my mentor.

[chandler]

Never thought about doing this as a cheaper way to start a business. Major props to him!

[SamehKhan]

He's a really nice guy and down to earth. I just find all the B-roll they made him pose for hilarious.

1. Count bills in front of a fanta freezer.
2. Stand next to a vending machine and point at it.
3. Look thoughtfully out of a window.

[satsky]

Super humble and truly hardworking person. Excellent example for people who are trying to make it through.

[mabel]

Love that it’s not about another YouTuber. Happy that he‘s succeeding and wishing him the best.

[KFordmusic]

I’ve been following him on Twitter for awhile, he’s always offered advice to others for free. Very helpful guy

[swift]

Good job, you've done something great. Well, even if not to be classified as that, you've made it. You always had it in you. You've escaped that financial hole most find themselves in. You took the initiative and kept going, without end

[animelovachikk]

I wanna say thank you because I love when business owners share their tips and tricks and I’ve been interested in starting my vending machine business and I’m scared but definitely gonna do it just gotta save money now

[maxinef]

This is the second guy I’ve watch on this channel that is making over $300k in vending machines. Kudos to this guy.

[Chrissieb.rackett]

Once again, everyone loves when someone who is not a YouTuber is featured. Love Marcus’ story and have no doubt he will reach all of his goals!!!

[joesphcu]

The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.