Make money from vending machines - I do

qolwillclearmydebts

Thought I'd suggest small vending machines as a way to earn a little or a lot extra. I started with 5 , 3 years ago and now have 300 and earn a very good living.

the best ones to start with are 20p minstrel machines. They can be picked up for about £30 on ebay.

If you work somewhere with as staff room put it in there and give 20% to chosen charity/tea fund.

A typical machine will take £10-12 a month of which 50% is profit. If you have enough contacts you could put ten machines out there for £300 and earn £50 quid a month from then on.

laurenjs88

Anymore info i'm really intrigued about this and have just spent some time browsing the www. How did you get into this & where did you start?

jazzythumper

I am interested in this as well, can you tell me how you arranged with places to get your vending machines inside, how do you keep them secure, are they locked/chained to things? I have seen you can buy the big bags of minstrels (3.6kg) Is this what you used to fill them?

Astrild

As above - also very interested in hearing more about all of this!!

MrsPitcher2b

I'd be interested to know about this too!!

lilsweetie

im very interested in this too, where do you put your vending machines? do you ring up businesses and ask to put your machine there?

any info would be greatly appreciated xx

qolwillclearmydebts

hi all

i started with just a few machines and have massively expanded it buying a few other companies out. I do pubs clubs and smaller places. I have toy machines, tubz machines, misntrels, condoms, all sorts.

I cold call in person with a machine full of minstrels - it costs about £13 to fill a machine of which about £25 comes back. Jelly beans are bigger margin. £7 to fill it, same return. You have two options. You can offer 20% to the owner and suggest he use it as a tea fund/christmas fund, or he could give it to hius favourite charity.

If you ask 10 sites you will probably get 2 to 3 sites. Always say no contract your not tied in. Try it for a month. In my experience the following are great sites;

taxi offices
tyre fitters
large offices
garages
staffrooms

If youre not confident site finding yourself advertise for someone on a commission only basis, say £20 a site.

there are franchises out there but i would generally avoid them as they stuff you on teh price of the machine.

qolwillclearmydebts

i dont lock them. I worked out the cosy of a chain an lock for all of them outweighs the cost it would save you. Ive only lost a few out of 300

qolwillclearmydebts

benefits

cash business
low start up cost
easy to understand

downsides
bit of driving
bit of maintenance

bargainhunter90

Downside theirs usually a machine already there. The market is already taken..

qolwillclearmydebts

not in my experience. I started 3 years ago and now have 300 of all sorts. Virtually every business could have some sort of machine . Also little rounds are always coming up on ebay for not much more than the second hand cost of the machines. There are a few in scotland on there now