SkiptocontentHowtoStartaVendingMachineBusinessHome»Blog»StartupandLaunch»HowtoStartaVendingMachineBusinessPreviousNextHowtoStartaVendingMachineBusinessViewLargerImageThevendingmachineindustryisonethathasevolvedandsteadilygrownsince2012.Asconsumers’livesgetbusierandpeopleseekconvenienceandtime-savingoptionswhileonthego,vendingmachineoperatorshavemanyopportunities.Haveyoubeenthinkingabouthowtostartavendingmachinebusiness?Inthisarticle,we’lltalkabout:WhattheindustrylookslikeforentrepreneursAdvantagesofoperatingavendingmachinecompanyWaystogetintothevendingmachineindustry13stepstogetyoustartedoffrightVendingMachineBusinessOutlookAccordingtotheAutomaticMerchandiserStateoftheIndustryReportforJune/July2019,2018wasarecord-breakingyearforvendingmachineoperators,withaveragerevenuegrowthofsevenpercentovertheyearbefore.Whilemega-vendingcompaniesgeneratedmost(65.2percent)oftheindustry’srevenuein2018,thereportsharedthatsmallvendingcompanies(thosewithlessthan$1Mrevenueannually)enjoyhigherprofitability.Thereportattributesthattominimalstaffingandlowertechnologycoststohandletheircustomerbaseandnumberoflocations,comparedtowhatlargercompaniesspend.[1]AdvantagesofOperationIsstartingavendingmachinecompanyrightforyou?Someofthecharacteristicsthatattractentrepreneurstothistypeofbusinessinclude:Lowstartupcosts–Usually,vendingmachinescanbefinanced.Asidefromacomputer,printer,andphonetomanageyourbusinessandavehicleforservicingyourroute,youlikelywon’tneedotherequipment.Flexibilitytosetyourownschedule–Generally,you’llhavethefreedomtorestockvendingmachinesandcollectmoneywheneveritsuitsyou.Abilitytoeasilychangeyourproductselection–Forexample,let’ssayyouhaveasnackmachineandacertainflavorofDoritosisn’tsellingwell.Youcanquicklydecidetoreplacethatproductwithadifferentflavororanentirelydifferentsnack.Controlledgrowth–Youcansetthepaceforhowquicklyyouwantyourbusinesstogrow.Somebusinessownersmaintaintheir“dayjob”astheygraduallyrampuptheirvendingmachinebusiness.Youcanchooseto,astimeandfinancesallow,addmachin