How to Start Your Own Vending Machine Business for Passive Income

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  • Опубліковано 15 жов 2024
  • Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?
    Then starting a vending machine business may be perfect for you.
    The vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.
    Profitable vending machines are everywhere - offices, apartment buildings, gyms, airports.
    Wherever people gather, there’s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.
    And it’s a great market to get into because it’s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.
    In this guide, you’ll learn:
    **How the vending machine business model works
    **The step-by-step process to go from zero to $1,000+ in monthly passive income
    **Finding ideal locations and signing contracts
    **Buying used machines vs leasing new ones
    **Stocking, restocking, and maintenance procedures
    **Risks to watch out for and mitigation tactics
    IMPORTANT LINKS AND RESOURCES:
    ** If you make a purchase through my links, I may receive compensation. **
    👉 Full Show Notes and Text Summary: www.sidehustle...
    👉 Vendingpreneurs: vendingpreneur... (Side Hustle Show listeners get 10% off!)
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    Thanks so much for tuning in!

КОМЕНТАРІ • 12

  • @NickLoper
    @NickLoper  25 днів тому

    👉 Full Show Notes and Text Summary: www.sidehustlenation.com/how-to-start-a-vending-machine-business/
    👉 Vendingpreneurs: vendingpreneurs.com/ (Side Hustle Show listeners get 10% off!)

  • @tedtalksautomation
    @tedtalksautomation 7 місяців тому +3

    Love to learn more

    • @NickLoper
      @NickLoper  7 місяців тому

      Go for it, Ted! Keep us posted :)

  • @watergateHQ
    @watergateHQ 3 місяці тому +1

    This guest is amazing! Can you share his socials with us so we can follow him?

    • @NickLoper
      @NickLoper  3 місяці тому +1

      Mike is most active here: x.com/mrpassive_

  • @Carmen-dd4lb
    @Carmen-dd4lb 7 місяців тому +1

    Thank you for this important informative business video
    Looking into it !!!!

    • @NickLoper
      @NickLoper  7 місяців тому

      Thanks for watching, Carmen!

    • @Carmen-dd4lb
      @Carmen-dd4lb 7 місяців тому

      @@NickLoper Thank You

  • @vashstampede315
    @vashstampede315 Місяць тому

    It’s impossible NOT to be a machine mechanic! This guy is smoozing it. Does t matter if it’s new or used these machines have issues PERIOD! It’s a machine with moving parts, there are issues most of the time easy to fix. Just the way this industry is. He’s not even stocking the machines… he’s not even seeing his machines. I hope I come across one of your accounts I’ll take it.

    • @NickLoper
      @NickLoper  Місяць тому

      Appreciate the insight.

  • @VENDLIFE-VM
    @VENDLIFE-VM 7 місяців тому

    just started

    • @NickLoper
      @NickLoper  7 місяців тому

      Thanks for watching!