Economics of Vending Machines

How do vending machines actually make money? Here's the economics...

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[HahnJames]

$300 a month isn't bad for just having to stock it when it gets empty.

[weazelnews]

Keep in mind, to apply to open a vending machine in most businesses, you will need an LLC $450. You will also need insurance $150-250 a month. When you do the math you need at least 5ish machines to break even.

[BransenPass]

You don’t have to always pay the place where you have it located. Most of them are just happy to have one because it will keep guests entertained.

[shadownighty]

"Or if you're Chinese" I took that personally

[Moparking]

I've found that nursing homes can make you a ton from vending machines. Nurses and CNAs need energy drinks and quick snacks due to there jobs. I only found this out because my wife is a nurse and she works at several different facilities and none of them had vending machines. most of them didn't even want a percentage, they were just glad someone wanted to put machines in there facilities.

[bingusthend]

I love your animations and how the people are drawn and how fast you tell the information so it's not long

[amonik]

So here in Switzerland the vending machines are usually owned by a company and I've never seen one inside of an office, school or whatever else. Here they're usually at a train station or just at other public areas

[nithia]

I looked into doing this once but the getting the machines and locations were the part that kept me from going for it. The trick to this becoming your job though is expansion. Start with a couple used machines and use all of the money they make to get more machines. If you do have good spots then ya a couple hundred a month per machine is good once you get past 10 to 20 machines. Which is about all 1 person would really be able to handle unless you managed to get a bunch of close by locations you can hit easily all in a day or two. Though you are going to be going out a few days every week, and you are responsible for maintaining those machines too. So going with used ones could be a liability if they start to eat money or break down all the time as your profits are going to go into fixing them.

[akoww]

I got one for you. I had a guy that worked as a cook for me and he lived in a run-down trailer park. He bought a very old coke vending machine and put it on his driveway " this was 2002" He bought generic soda and filled it up. He charged .25 per soda. He had to refill the machine every three to four days. After two months he bought a snack machine that had to be refilled weekly. After six months he was making more with the vending machines than working as a cook full-time for pizza hut.

[arhamsayyed]

You get $300 a month, so for the first month you'll buy one more but now next month you have $600 ($300 each) now buy 2 more so you have 4 in total, and now next month buy 4 more, and then you'll be having 8 of those so you now earn $2400 a month now you can keep adding more or just add one more every month until you have 10 of these which makes a total of 3 grands each month!!! ($3000)

[eternalvader]

It sounds like a good side hustle after your first job

[rudysarmiento]

In Japan however, vending machines are literally like half the civilian sales, seriously walk anywhere in Japan you will almost certainly will find a vending machine somewhere

[endonde]

U forgot the fact that people are bad and destroy and Rob your machine. My dad works on the mantinence of bending machines. He works really hard.

[xXEvilReaperXx]

I can promise you that the moment anyone demands 20% commission, I laugh at them and walk away.

[marshallwhite]

My family actually ownes a company with like 15 different machines
And it’s a lot more work than most people think also the profit will vary based on sales

[jimdob]

One of my army brothers and his awesome wife actually own between 40-50 vending/gum ball/candy/soda machines between 3 towns/cities in a Midwest state. They bring in easily 80k in profits a year with just those. They hire one of nephews to do all the restocking for them so they can give him insurance for his medical issues since he is an “employee”. Yeah this can be a very viable business if you are smart about it.

[tjsreview]

I've owned a couple Vinding machines just got out of the business and I'm getting into arcade games. Vinding machines are really hard to locate a pain in the ass to move And very rarely make you 300 a month The most I made was a $150 A month now it's in a tire shop

[SkillzRemainsDumb.]

Hospitals and dental offices (wow) are amazing spots for vending machines in my experience. They’re usually just happy as long as you convince them you’ll do all the work for it so they let you put it up for free.. Energy drinks and granola bars are consumed a lot by nurses and docs

[noahmansland]

i was with the student council and we were the one that made the call on which company was the one to have exclusive access to the school. needless to say that we were only interested in the one that would give us the highest cuts on sell

the point is that you never pay for the machine and the machine pay for itself.

[diegorivarola]

Thanks for your videos. They are very cool. Your voice is very funny. Hahaa