Vending is a simple business; it doesn’t take a lot of experience, skills, or training in order to get started. But a lot of people make the mistake of thinking that just because a vending business is easy to start and get into, this translates into easy money, but nothing could be further from the truth. Vending is a normal small business almost like any other, it takes a lot of time and energy and sometimes several years of working for free until you pay off all your start up costs and start turning a profit. Unless you’re entirely prepared for this reality, vending may end up being more of a nightmare than a dream.
So how much does it cost to start a vending route? Well, the obvious answer is that it depends on how much you have to spend and how much revenue you’re looking to generate. Don’t spend a lot of money on new machines when your first starting out, buy a few used vending machines on the cheap while you figure out the ins and out of vending and decide if it’s even a business you like. Used machines can be found online for about $50 – $75 for a double head if you wait for the best deals or you can buy new at about $200 for the same machine. Obviously this is a big difference in start up costs depending on if you go new or used. A nice sized small beginning route of 20 machines will cost $4,000 with new machines or $1,000 for the same sized route if you get a good deal online.
Now you can see why I tell new people to go the used machine route when just starting out, $4,000 is a big investment for a business you may not even end up liking. Plus, you need to consider your return on investment. If you start your vending business with used machines you can be out of debt and turning a profit 75% faster.