Often the best ideas are right under our noses. How many times have you walked past a quarter candy machine in a restaurant lobby or break room? For an easy second income that allows you to work as much or as little as you desire, consider starting your own vending business. With an investment of just about $50, you can start a candy vending business, the return on investment is fantastic and the amount of maintenance required to sustain a consistent cash flow is so low. Though more than half of your customers will be kids under the ages of 15 years, you will still make a lot, as they love candy! While the income varies wildly from location to location, you can make $1200 – $2400 per month in this business. Profit margins on selling candy is as high as 70%.
It can be as big or as small a business as you want. You can become a millionaire if you do it right or you can use it to supplement your daily income It’s nothing big It’s what you make of it. This candy machine business has no limits. There are also many plus points of setting up a vending machine business, as it requires no additional employees, no rent for an office and utility fees, it’s a 100% cash business and includes significant tax benefits for being self employed. You also get to do your own work at whichever time you want and don’t need to put in extra cash for advertising.
The gross margins in the bulk candy business can be quite high — gumballs for instance, can be purchased in bulk for 2 cents apiece and sold for 25 cents in the US. Gumballs and candy have a relatively long shelf life, enabling vending machine operators to manage many machines without too much time or cost involved. In addition, the machines are typically inexpensive compared to soft drink or snack machines, which often require power and sometimes refrigeration to work.
Some vending businesses are simply a much better use of your time than others. Bulk candy, gumball and similar type vending machines that have large capacities, are easy to service and are extremely impressive to the location, give you the best chance to make the most money with the least amount of effort. The fact is, the profit margins are much higher since the food cost is 50% less than snack and drinks, the capacities of the machines are much greater if you operate the machines we suggest, and the method of service is much more efficient. Hey, don’t plop in one gumball at a time like you would a coke, candy bar or potato chip. Grab 500 quarters. Lift the lid and poor.
Owning a candy vending machine, you feel like you are in Vegas, open up the back and there is tonnes of quarters in there. It’s like Christmas, every time you open the back. So, if you are thinking of starting a candy vending machine business, you are surely making a great choice!
Candy vending machine business is sweet business at its best.