2006-08-02 14:46:57 · 4 answers · asked by InnoScentz 4 in Business & Finance ➔ Small Business
My father and I have a sideline vending machine business (gum/candy/stickers/toys, etc) and we have found the answer to this is no.
Quality machines are extremely expensive (several thousand dollars each sometimes) and since you may only pull say $50-100/week in profit per machine(which is an EXTREMELY generous estimate $20-30 is much more likely) you will need several to make any kind of real money due to upkeep, fuel and merchandise costs, advertising, licensing, etc.
You will also need to convince business owners to let you put said machines in their businesses which is pretty difficult in most cases (which is why its still a sideline for us after 5 years.)
2006-08-02 15:03:57 · answer #1 · answered by Jim R 5 · 1⤊ 1⤋
Clark Howard says this is the last place you want to put your money.Give him a call.
2006-08-02 14:55:45 · answer #2 · answered by jomar107 1 · 0⤊ 0⤋
making people pay $1 for a product that is worth 15cents? yeah, i think it'd be worth it.
2006-08-02 14:51:27 · answer #3 · answered by cynthetiq 6 · 0⤊ 0⤋
what do u mean? details!
2006-08-02 14:50:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋