To start a vending machine business, find a vending machine wholesaler, locate a food and drink wholesaler, and place the stocked machines in a lucrative location. You also need moneybags, ledgers and sales sheets.
- Choose a vending machine
Choose the best machines that suit your budget. Pick a soda machine if you plan to spend a minimum of $3000 per machine, and choose bulk machines if you desire to pay less than $200 per machine. Find vending machine wholesalers in your area.
- Find a supplier
Find a soda and food supplier to keep the machines well stocked, and purchase an annual membership from a wholesaler if necessary. Search for a per-unit price that has at least anywhere from 200 to 300 percent markup.
- Find a location
Find a suitable location that gets plenty of foot traffic, such as offices, beauty salons, hospitals or auto centers. Negotiate sales commissions with managers or owners, and offer them a range of 10 to 15 percent for bulk machines. Propose 15 to 20 percent for large vending machines. Stock the machines, and make sure that each one works.
- Visit the vending locations
Visit the machine once or twice a week to remove money, clean the machines and remove old products. Learn how to repair the machines, or hire a routine maintenance man.