Pros And Cons Of Gumball And Soda Or Snack Vending Machines
When starting a vending business, you should decide on what kind of machine to buy. Maybe you want to have the gumball vending machine or better yet the soda and snack machines. But most of the veterans in the vending business can say that snack and soda machine requires hard work, it is also very time consuming, while running a gumball machine can generate you passive income. However, snacks and soda machines can generate huge profit but you just need to really work hard on it. Here are some pros and cons on each machine that you need to consider before deciding on what machine best fits you.
Pros of Gumball Vending Machine:
Can easily be transported. No need to hire big trucks, any car can transport the gumball machine.
Very affordable, you can buy a machine for less than a hundred bucks for used or even refurbished machines.
No customers calling for complaints.
Very easy to get out of business if you want to. Machines are easy to sell because its very affordable.
Takes you less than five minutes to service the machine.
Takes only a day in your month to service the machine, or twice a month, tops.
No problems for profit lose.
Cons of Gumball Vending Machine:
Its not advisable to quit your job when starting the gumball vending machine business.
The income it generates is really small, unless you have several machines around fifty, which operates really well, thats the only time you can enjoy the profit it generates.
Too many existing gumball machines available.
Pros of Snack and Soda Vending Machines:
Can be your only source of income if you run your business really well. No need to be working on your existing 9-5 job to complement your income.
Very high profit, it can generate around four figures a month if operated successfully.
Youre automatically in business the moment your machine is in location.
Cons of Snack and Soda Vending Machines:
You need to hire a truck or a van, unless you have one for you to transport the machine.
Youll often receive phone calls and complaints from your customers regarding the quality of your products.
You have to service the machine weekly or even twice a week in areas with high demand of food and drinks, like the schools, offices, hospitals, etc.
Your initial investment is very high, even previously owned machine can cost around one thousand dollars.
You need to constantly stock the machine with change, if not, get ready to lose some money.
The maintenance of the machine is quite expensive. And when some parts are broken, it will cost you good money to replace its parts.
You can easily lose money if you dont know how to run the business.
Youll need more than a few minutes to service the machines. The restocking, cleaning and cashing out of the machine is very time consuming.
Pros of Gumball Vending Machine:
Can easily be transported. No need to hire big trucks, any car can transport the gumball machine.
Very affordable, you can buy a machine for less than a hundred bucks for used or even refurbished machines.
No customers calling for complaints.
Very easy to get out of business if you want to. Machines are easy to sell because its very affordable.
Takes you less than five minutes to service the machine.
Takes only a day in your month to service the machine, or twice a month, tops.
No problems for profit lose.
Cons of Gumball Vending Machine:
Its not advisable to quit your job when starting the gumball vending machine business.
The income it generates is really small, unless you have several machines around fifty, which operates really well, thats the only time you can enjoy the profit it generates.
Too many existing gumball machines available.
Pros of Snack and Soda Vending Machines:
Can be your only source of income if you run your business really well. No need to be working on your existing 9-5 job to complement your income.
Very high profit, it can generate around four figures a month if operated successfully.
Youre automatically in business the moment your machine is in location.
Cons of Snack and Soda Vending Machines:
You need to hire a truck or a van, unless you have one for you to transport the machine.
Youll often receive phone calls and complaints from your customers regarding the quality of your products.
You have to service the machine weekly or even twice a week in areas with high demand of food and drinks, like the schools, offices, hospitals, etc.
Your initial investment is very high, even previously owned machine can cost around one thousand dollars.
You need to constantly stock the machine with change, if not, get ready to lose some money.
The maintenance of the machine is quite expensive. And when some parts are broken, it will cost you good money to replace its parts.
You can easily lose money if you dont know how to run the business.
Youll need more than a few minutes to service the machines. The restocking, cleaning and cashing out of the machine is very time consuming.
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