Pretty much every person in the United
States has used a vending machine. Whether you grabbed a snack at work, snagged
a soda from the lobby at your mechanic’s shop, or dropped a few coins in search
of a candy bar at a hotel/motel, you’re probably familiar with the way a
vending machine operates. What’s harder to understand, however, is how the
network behind that machine operates.
Many people searching for
new vending machines for sale
know very little about the actual vending machine industry. They know there can
be good money in it, but don’t know where to begin or what
not to do. With that in mind, here are a couple of major
misconceptions newcomers to the business often have:
Get Rich Quick
Some new vending machine owners imagine a vast network of machines generating hundreds of thousands of dollars a month. Unfortunately, that’s simply not the case. Building a reliable income with vending machines takes hard work and dedication -- you have to build your network one machine at a time. Don’t expect to buy a couple of new vending machines for sale and fall into a pile of cash.Low Effort, Low Maintenance
****“All they do is fill the machine and
collect the money!” That’s a common statement you hear from people considering a foray into the vending machine business. And while the basics are correct, it overlooks the fact that strong networks have dozens, even hundreds of machines. Maintaining, filling, and cashing out your machines will take considerable effort and legwork.
Barriers to Entry
****Unlike other businesses, vending
machines have no major barrier to entry. You don’t need a special list of secret contacts or a membership in a special club. Simply work with local business owners where you think you see a vending machine opportunity. Building your network is about making connections and putting in the time, not a hidden list of incredible locations. For further information or inquiries about our products please contact us at 800-592-4220 or visit www.GlobalVendingGroup.com. Global Vending Group is a leading provider of new and used vending machines for sale and we are to help!