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Because vending is a numbers business and requires multiple machines, your profit margin will be based on your route’s average, not on an individual machine.
Bulk Candy Machines:
Example:
If you sold 240 customers a month (8 per day) then:
240 X $0.25 = $60
$60 (Gross Profit)
– $20 (product Cost)
$40 net profit a month
If machine costs $480.00 – the return on investment would be 12 months. No location fee is given, most non-electric machines are placed with a charity association, or as a convenience to the location.
I have been seriously considering starting a small vending machine business with my friend. I read through this blog and the potential profit section of candymachines.com and I am pretty confident now that starting my business is going to be a wise investment and the profit will start coming very quickly because I have already found great locations for my machines. Thanks candymachines!!!
That is definitely something to consider before I purchase the machine I have been looking at. But i think I am about ready now thanks to your help.