Quote:
Originally Posted by money blogger
Hey all,
I have a great way to make money...
Have a route of vending machines. I have run a vending company now for almost 6 years and it is fantastic. I started out with just one machine in November of 2004 and now we are up to 180 machines. It sounds funny but we make an average of $4000 a month from these machines. That's 16, 000 quarters a month!!!!!
One important thing I also did was hire someone to do the filling and route maintenance. This was key as it gave me the time to work on epansion.
A vending business is a great way to make some semi-passive income while still keeping your day job. Expect to work about 10 hours a week for a route of 12 machines.
Look around and make sure to start of buying used machines!!!!! Doing this will ensure that you will make money in the long run
Cheers!
Brandon
|
If your numbers are right and the $4,000 is your profit....
$4,000/180 machines = $22.23
That means that your profit per machine per month is about $22.23
Is that profit margin worth it once you caftor in the time you spend filling, servicing, etc each machine every month?