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+--- Thread: Small Business Idea: Vending Machine Business (/showthread.php?tid=719)
Small Business Idea: Vending Machine Business - Lily - 01-17-2024
Explore a business with a remarkable 90 percent success rate—the vending machine business. This venture requires no marketing efforts and operates without the need for additional staff. Placing machines in busy marketplaces ensures a continuous cash flow as they run 24/7. With immediate cash transactions and the ability to collect revenue daily, this business minimizes credit risks. The initial investment can range from $1,200 to $10,000, depending on whether you opt for refurbished or new machines.
RE: Small Business Idea: Vending Machine Business - Francis - 01-18-2024
I do not have any first hand experience with this business model but I believe this can be a very profitable business. The best part is it is a completely passive business. YOu will have to do just two things, one, stock your vending machines with products, and two collect cash from your machine.
RE: Small Business Idea: Vending Machine Business - Lily - 01-18-2024
Yes, it is completely passive, and you also do not have big running costs. just some electricity bills and location rent, but this business model offers an enticing blend of simplicity and success.YOu can place vending machines on a couple of places and collect money every day.