Are Vending Machines a Good Investment

Friday, 2 February 2007
Do you want to make some extra money? If you do, then you might want to invest in some vending machines. Those who invest in these machines usually have to either rent or buy them, and then have someone supply what they need to fill them up. The profit will be the rest of the money you make above those expenses. In this kind of business, the more of these you have, the more money you are going to make. You can put these machines in a variety of places, but there might be a need to pay a fee to place them in certain places.

In this present day and age, vending machines have more than just soda in them. If you can find the right machines, then you can get bottles of water and juices. Some vending machines are full of snacks and other food items that are usually eaten in the middle of the day. However, many people are now turning away from machines that are full of sugary drinks and high calorie snacks to help keep their children in better shape. - You should consider offering up healthy fare for the students if you want to have vending machines in schools. You will find that the schools may be more welcoming if you offer healthy snacks for their students. School authorities want their students to have healthy drinks and snacks because healthy snacks for kids are becoming harder to come by these days.

However, some people may argue that this is not the best way to deal with vending machines in schools. Some of them even think that these machines should be banned altogether, but I do not agree with their opinion. The students will not go somewhere else for something that might not be the best choice if they can get something right in their school that is good for them.
You can make more money if you place vending machines in certain places. For instance, hotels charge a lot more for a machine than having a machine placed outside a grocery store. The same could be said for vending machines in amusement parks and other like venues. These businesses may have a company that they deal with for their machines, but you never know. You stand to make a healthy profit if you can get in on that somewhere with someone. This might be a good investment for you if you want to make some extra cash without too much effort.

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning Vending Machines. Visit our site for more helpful information about Vending Machines Soda and Snacks and other similar topics.
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Consider Quality When Investing in Vending Machines

For the person thinking about starting a new vending business, the most important factor they should consider is the quality of the machine. Most vending machines are difficult and expensive to repair, easily broken into, and difficult to find good locations for. Grade A quality vending machines are unique in the U.S. because most vending machine companies typically rely on Grade B or Grade C machines.

All-metal vending machines (Grade B) provide some strength and stability, but also suffer from several design flaws. Outside paint is prone to scratching, chipping and rust, while inside paint corrodes and can lead to product contamination. Warm temperatures can also melt candy inside the machines.

All-plastic vending machines (Grade C) lack the durability of Grade B machines and suffer frequent breakdowns. This is especially true for the plastic coin mechanisms, which see a lot of wear and tear in any vending machine. Besides technical problems, most cannot vend 1” gumballs or toys - a large multi-million dollar market in the vending industry. Grade C machines may also be rejected for high-end locations.

What you need is a combination of the strongest metal in parts that you need it (strength & stability) and the highest quality plastics(shatterproof polycarbonate) in areas that you want it. The bottom line is the all-metal machines on the market are very outdated and the all-plastic machines are a clever way for the company to boost profit margins by manufacturing a cheaply made machine.

Grade A vending machines solve the problems of Grade B and C machines by incorporating both high-quality plastics and strong metal components. You don’t want your product surrounded by painted metal and you certainly don’t want your coin mechanisms, lids and money compartment doors made of a ‘Delrin’ plastic.

Malfunctioning machines is the number one reason people fail in vending. Many vending machines fail within a year. This can cause huge losses for owners who lose their vending locations when their machines break.

Vending works as long as the machine works. It's that simple.
Visit http://www.1800VENDING.com or call 1-800-836-3464 to get information on starting a vending machine business and compare all five kinds of vending machines on the market.
Article Source: http://EzineArticles.com/?expert=Mike_Burnett
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Used Vending Machines-Tips on Buying

Are you planning to start a minor vending machine business but you don’t have enough money? Of course, if you will start a vending machine business, you need to purchase a vending machine. But how are you going to get one if your budget isn’t much? Is it possible for you to start the business?

If you only have limited capital but you want to start a business, you can purchase a used vending machine. When you are going to purchase a used vending machine make sure to follow these easy steps.

Make sure that the price of used vending machine you are buying is lower than the price of a new vending machine. Be careful in buying used vending machine because some dealers may give you the original price for a used machine. Check the different prices on the market and choose a used vending machine that costs less than the original.

You should also check whether the coin receptacle and validator are updated. Most of the present coins today are different from the coins before in Europe. So, make sure that the vending machine is currently updated to the coins present today.

You should check the vending machine for how easy is it to get the product. Costumers are using the vending machine for convenience. Easy to use machine are more appealing to costumers, so choose the easy-to-use machine when purchasing a used vending machine. The easier your vending machine is to use the more costumers you will be attracting.

You can always find used vending machines in classified ads and you can always find them online. There are many companies selling their old vending machines online. Mostly, this kind of purchase is preferred by many because these used vending machines are in good condition and still functions well. It is advisable for you to buy it from companies that have a good reputation.
Also check for what types of product can be placed in the machine. If you plan to sell products like candies and lollipops, do not purchase used vending machines for food and bottles. You will only lose your money in purchasing them because you cannot use them.

Companies have different payment plans for used vending machines. You can choose from the different plans that are convenient for you. Usually, vending machine business persons prefer buying used vending machines from these companies because of the convenience of payment. When you have expanded your profit, you can purchase another used vending machine from the same company.

You can get many benefits from buying a used vending machine, especially if the vending machine already has a location. You will not have to worry about the target costumers because they already know that the machine exists in that particular area.
You have to ask about the problems encountered by the previous owner of the machine and any repairs that were made. It is important for you to know about these repairs so if it happens again, you will know what to do.

You should also know how to maintain the used vending machine you purchased in order for you to easily repair it. When first starting out, it is best to use the local vending machine distributor's employee for repairs

Follow all these tips and start your vending machine business the right way.
John Hanna was in the Vending Machine and Vending Route business for 15 years until last year when he sold his business and moved to Tampa, FL where he runs a successful consulting business. Visit his other Websites at: http://www.VendingMachines-ForSale.com http://www.VendingMachines-Business.com and http://www.VendingMachine-Sales.com
Article Source: http://EzineArticles.com/?expert=John_Hanna
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