WHAT TO CONSIDER WHEN BUYING YOUR FIRST VENDING MACHINE
If you have decided to enter the vending machine business, you need to learn more about the industry from an insider’s perspective. This blog provides valuable tips for vending machine beginners and reveals what you need to know before you buy a vending machine.
Select some locations for your machines:
It is essential to carefully evaluate the best location for vending machines, as placement often significantly impacts the success of your business. For example, check local offices or schools to decide whether they need a vending machine. It’s also important to determine the type of clientele that frequents the area and match your product offerings with that location’s specific needs. Choosing the right location for your vending machine is often the key to success or failure.
Pitch the idea:
Once you have identified vending machine locations and know what types of vending machines you will use, speak to the business owners about placing your vending machines in your chosen locations. To make your pitch more effective, prepare simple marketing materials such as business cards and brochures that highlight your offerings, explain the types of vending machines you provide, and your position as a reliable partner in the vending machine business.
Get a permit and be ready to pay taxes:
In some cities, buying a vending machine requires owners to obtain a permit to operate a machine from the county clerk. In addition, you will be required to pay taxes on your sales, which is an important consideration. Understanding the requirements for permits and taxes for vending machines will help you stay compliant and avoid problems later.
Get your machine and Products:
When you’re ready to start, it’s essential to buy from a reputable vending machine company. Working with a trusted partner ensures your machine is reliable, backed by warranty, and equipped with the features you need to run your business smoothly.
After purchasing your machine, the next step is to source products from a dependable wholesale supplier so you can keep it well-stocked with snacks and beverages that match your customers’ preferences. Don’t forget to gather the basic supplies and cleaning tools needed to maintain your machine, as consistent upkeep helps protect your investment and keeps customers satisfied.
Types of Vending Machines
Before you buy a vending machine, it helps to know the most common types of machines available:
- Snack vending machines - Best for offices, schools, and breakrooms. They offer chips, candy, and pastries.
- Beverage vending machines - Great for high-traffic areas like gyms and transit hubs, often with both cans and bottles.
- Combo vending machines - Provide snacks and drinks in one compact unit, making them space-efficient.
- Coffee vending machines - A popular option in offices, dealerships, and hospitals where people need a caffeine boost.
- Healthy vending machines - Stocked with low-calorie, low-sugar, and nutritious products for health-conscious consumers.
- Specialty vending machines - Sell non-traditional products like PPE, hygiene items, or laundromat supplies.
No matter what types of vending machines you choose, success in the vending machine business comes down to selecting the right location for vending machines.
Payment Systems and Technology
Modern vending machines often feature card readers, mobile payment options, and even inventory tracking capabilities. A cashless vending machine offers customers more payment options, which can directly lead to increased sales. Remote monitoring features also enable you to track sales in real-time and plan refills efficiently.
Additional Tips for Success
When you buy a vending machine, also think about long-term support. Machines that are easy to service and backed by warranties can save you money over time in several ways including:
- Lower repair costs – warranties cover parts and services that would otherwise come out of your pocket.
- Less downtime – reliable machines mean fewer breakdowns, keeping sales steady.
- Reduced maintenance expenses – easy-to-service designs cut the cost of routine upkeep.
- Extended machine lifespan – quality machines last longer, delaying the need for replacements.
eVending.com is considered one of the best places to buy vending machines, thanks to our American-made quality, proven reliability, and dedicated customer support.
Also, keep in mind that your vending machine business will grow faster if you regularly review sales data, rotate products based on demand, and ensure every location is delivering the traffic you expect.
Final Thoughts
Starting your vending machine business can feel overwhelming, but following the right steps makes the journey much easier. Focus on securing strong locations for your vending machines, stay compliant with all necessary permits and taxes for vending machines, and work with a trusted source like eVending.
With these foundations in place, you’ll be well on your way to building a profitable and sustainable business. eVending.com is here to help. Explore our Vending Machines for Sale today and find the right machine to grow your business.