Why should I start a vending machine business?
The vending machine was invented to provide a convenient and automated way to dispense goods, primarily as a solution to the problem of shopkeepers not wanting to be on duty 24/7. The first known vending machine was created by Hero of Alexandria, an ancient Greek engineer and mathematician, in the 1st century AD. He invented a machine that dispensed holy water in Egyptian temples. The idea was to dispense the holy water automatically without the need for a temple attendant to be present.
Some advantages of starting a vending machine business include:
- Low startup costs: compared to other types of businesses, vending machines can be relatively inexpensive to purchase and maintain.
- Low labor costs: vending machines can operate without the need for constant supervision.
- Potential for passive income: vending machines can generate revenue even when the owner is not physically present.
- Flexibility: our vending machines can be placed in a variety of locations, such as office buildings, schools, and even outdoors.
- Ability to scale: a vending machine business can be easily scaled by adding more machines to the fleet.
The vending machine has evolved over time to dispense a wide range of products such as snacks, beverages, cigarettes, and even lottery tickets. Nowadays, vending machines are found in many locations, from airports, train stations, schools, offices and even on the street.
What are the benefits of owning a small vending machine?
- Cost: Small vending machines are typically less expensive to purchase and maintain than larger ones.
- Placement: Small vending machines are more versatile and can be placed in locations that have limited space.
- Mobility: Small vending machines are more portable and can be moved from one location to another with ease.
- Variety: Small vending machines can be stocked with a variety of items, such as snacks, beverages, and electronics, whereas large vending machines may only dispense one type of product.
- Energy efficient: Small vending machines are typically more energy efficient than large vending machines, which can lead to lower electricity costs over time.
- Less maintenance: Small vending machines require less maintenance than large vending machines, which can lead to lower overall costs for the business.
The first modern coin-operated vending machines were created in the late 19th century. These early machines dispensed products such as postcards, cigars, and stamps. The invention of the vending machine allowed for 24/7 service and eliminated the need for a sales clerk. This made it possible for businesses to operate around the clock, which was especially useful for businesses that were located in high-traffic areas such as train stations and busy streets.
