Having a coffee vending machine is one of the easiest ways to make money in the vending machine business.
However, like all other vending machines, you do need to offer a selection of beverages, such as soda, juice and bottled water. You also need to have them placed in strategic locations which are important to making money with vending machines. There are several ways you can go about getting the coffee vending machines that you want for your business.
Coffee companies often provide the coffee vending machines free of charge.
However, you do have to sign an exclusive contract saying that you will only purchase the supplies from this company. In buying from the company, you will receive discounts and incentives. The downside to buying all coffees and other beverages from the company is that you will pay full price for the supplies.
Procuring a used coffee vending machine from vending machine distributors can realize higher profits.
You can save up to 50% of the cost of the machine when you buy used. By owning the beverage vending machine yourself, you can purchase whatever products from wherever you want. This allows you to take advantage of sales offered from various wholesalers and get the coffee you need for less than wholesale price.
When you restock your used coffee machine in this manner, you will have higher profits.
At one time, schools were strategic locations for soda vending machines. With the laws now in force banning these sodas from schools, you may have to rethink the type of products that you want to sell through your beverage vending machine.
In schools there is a great need for beverages such as juice, milk and bottled water. Converting your used coffee vending machines to handle these products will technically still keep you in business.
Airports, shopping malls and other strategic locations where there is high people traffic are prime places for coffee vending machines.
With the beverage vending machine, you will realize that at certain times of the year, business is better than others. Summer is the time when cold beverage sells best from the soda vending machines, so you do have to be prepared for a slow down in business when winter arrives.
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