Vending Machine Business

Godwin UK

Free Member
Dec 16, 2017
5
0
Hey guys,

I was wondering if anyone currently does any business with vending machines. Being more specific, the ones which sell snacks and drinks which you usually see at sports centres, schools etc. I am 18 years old and currently work as a part time receptionist at a academy school in the UK. Everyday I will have at least 3 people ask "do you have a vending machine in this place?" and I reply no as there isn't any. Overtime, I came to the thought that maybe I should get a vending machine and see if it is somehow possible to start a small business from it? I would like to place the machineinside this school as I could see it getting a lot of attention, however I don't really know theprobability of the school letting me use there property even if I gave them a share of theearnings? As I work for the school it could maybe give me a better chance? Even if Icouldn't get it in this specific school, maybe a different location? How does the process work?


Money situation
Luckily enough, I grew up with a wealthyfamily and my mother has managed to put away some money for me in my savings, Between 10-20k. So I can take I slight risk but don't want too be losing too much. Plus I have an income from my part time job which is around 1k a month.

If anyone could give me some advice on what would be the best options or even just someinformation on business with vendingmachines it would be heavily appreciated.

Thankyou very much.
 

Mitch3473

Free Member
Aug 25, 2011
1,213
325
Firstly, you'll have no history so it could be difficult getting a rental. If it's your first one, buy it if you can afford it. From a negative point of view, If it all goes southward then you've only lost the difference between the purchase price and the resale price when you come to sell it. If you've rented it you'll be stuck with a rental contract and the machine still wont be yours at the end of the term. .
 
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Jan 26, 2007
2,530
549
Cornwall
The vending market for these types of vendors is very competitive and many sites already have Vending Contracts in place therefore the acquisition of new sites is very tough and you would need to invest in transportation, lifting equipment and the technology on the larger, older machines can be troublesome.

If you are still looking into the vending sector, I could point you to alternatives for you to consider.

Kind regards

Barbara
 
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fisicx

Moderator
Sep 12, 2006
46,672
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15,361
Aldershot
www.aerin.co.uk
Have you even asked the school if vending machines are permitted? Many schools will have contracts with catering and service companies which block the use of private machines.
 
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Jan 26, 2007
2,530
549
Cornwall
Have you even asked the school if vending machines are permitted? Many schools will have contracts with catering and service companies which block the use of private machines.

Also, due to Government legislation introduced 2015, schools are not permitted to offer/sell any foods high in fat, sugar and salt, so that rules out sweets, chocolates, drinks with sugar etc.
 
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