Vending Machines Are NOT Profitable (The Truth)

The vending machine business is often seen as an easy and profitable venture, with many people believing that once the machines are set up, they will generate a passive income stream for years. However, the truth is that the vending business is not all sunshine and rainbows. In fact, running a profitable vending machine business can be pretty challenging.

One of the biggest challenges of the vending machine business is competition. With vending machines popping up in every corner, it can be hard to stand out and attract customers. Furthermore, the cost of maintaining and restocking machines can quickly eat into profits, especially if the devices are not generating enough revenue.

Another challenge of the vending machine business is the constant need to stay up-to-date with technology. With new payment methods, like mobile payments and contactless cards, becoming more popular, vending machine operators must adapt quickly to remain relevant and avoid losing customers.

Moreover, the vending machine business requires much time and effort to succeed. Operators must constantly monitor the machines, restock products, and deal with maintenance issues, which can be time-consuming and costly. Finding the right location for a vending machine can also be challenging, as some areas may not be profitable.

While the vending machine business can seem like an excellent opportunity to generate passive income, it is not as easy as it may seem. The competition, the cost of maintenance and restocking, and the need to stay up-to-date with technology make it a challenging venture. Thus, aspiring entrepreneurs must watch this video before investing a single dollar into the vending machine business.

Title: Vending Machines Are NOT Profitable (The Truth)
Keywords: vending business, vending machine business, vending business worth it, side hustle ideas, dominick barbato

[quikplay]

Another very informative video my guy! Love these! 🔥🔥

[_noigbdot]

One vending machine is just a hobby but 10 of them is a different ball game

[tonyu]

Bro, I really respect this video. This LITERALLY explains how it's like. Outsiders looking in, immediately ask me what's the ROI as if I'm supposed to definitely answer the question with no all depends, as you said.

[etamusements]

Great video! Especially with inflation hitting snacks and drinks, as well as machine and shipping costs, vending machines are becoming less profitable with profit margins getting lower. The other problem is that most high earning locations expect a decent commission which really cuts the margins down. For anyone starting in this business I say mini claws are the way to go. ROI will be 10x faster than a vending machine, they are easy to move, easier to find a location, no need to worry about product expiring, and way less work. Great video, it’s time we start talking about the downsides of the business as well. 🙌

[vgunlimited]

I 100 percent agree with this. I started with 1 gumball machine and only used profit in order to grow and I’m doing amazing now

[danp]

Great video and info for new vendors.

Everyone talks about the # of machines they have. It is not about how many, it is about SALES. I would rather have 12x expensive/quality machines doing 100k annual revenue than 24x "cheap" machines doing 100k. Less CC processor fees, driving, machine issues etc.

Very true about $750 being the low end for monthly revenue at an acccount. This is definitely the absolute minimum. I try to shoot for 1k min. Perfect account is 2k/month with 1 snack and 1 drink machine servicing once per month. It is not easy to land these types of accounts. It is really easy to get the $3-400 accounts, but never worth it. New vendors, while tempting to get experience, dont take low volume accounts!

[gianlucabeninati]

Hi Dominick ! Thank you for the groundbreaking content. I was wondering: Has it ever happened that shop owners would ask you to remove your machines (given the steady profit generated) to place instead their own machine and cash out all the profit ?

[dr.peppertruck]

I’m a mobile mechanic and just wanted to put 2 in my small town for a little side hustle. If im not depending on this for my main income should be a low risk investment right?

[airthrowDBT]

I'm interested in a vending business and I searched "failed vending machine business" and your video was at the top, I want to know all the potential downsides before getting invested. Thanks!

[danp]

Really good advice here. $700 is spot on for minimum monthly revenue for a vending account. I service these accounts about every 12-14 days, and they make just enough to keep them on my route. I also agree not to spend much more than 2k per machine for these types of accounts.

I dont know how vendors make any money with $300 accounts.

[donnieb]

He's not lying my first year in the vending business I had 14 machines out & running and just the work with the machines, parts & upkeep took so much $ to get everything running at 100%, if your gonna get into this business your gonna have to run it for at least 2-3 years before you start making any profit.

[edochamp]

Good info, thanks! It is been very difficult to find 20oz bottles. Do you know why?

[alejandrarivascardenas]

Hi! Thanks for the video. What do you think about ice and water vending machines? Do you think they are more profitable than snack and soda vending machines?

[meetbhuller]

Do you need a sellers permit or license?

[RiddleGunner]

Additionally, vending machines are a good investment because they require minimal maintenance and overhead costs, making them a low-risk investment with a high potential for profit. With the right strategy and location, a successful vending machine can generate income 24/7, allowing you to earn money while you sleep, go on vacation, or even work a different job. But where do you start?
I make $5, 000 profit
With 9 machines..in one location in a warehouse 🤑

[meetbhuller]

Also what is the rent roughly they charge for putting your vending machine at the location?

[davillab]

Maybe it's me, but did anyone feel like the info was all over the place? What if buying into a franchise, or an existent routes*) ?

Is this info only for those who want to start from scratch?

Thanks for the video

[au]

I have found a company who sells you the vending machine brand new and they give you a written guaranty of. minimum earnings per week. They site the machine and if the site does not work out after 3 month they move it to a different location free of charge. All I have to do is stock, maintenance, and answer customer calls. The machine belongs to me to business is mine and the machine comes with 24 month warranty. Is this something of a safer bet to start a business in this game?

[meetbhuller]

Is there a seller permit required? Wanted to know

[daniqtpy]

Thanks for your video curious how many vending machines do u have and how much net profit do u make on average