How much 3 vending machines made in 1 week. Pulling cash from my vending machine business. What happened when I went and collected from my BMW vending machine location and 2 other vending machine business locations.
If you want to try and find yourself a deal on some used machines that may need refurbishing, Craigslist and Facebook Marketplace pages are a great place to start...
If you want to get started immediately with brand new machines and avoid the hassle and time investment of refurbishing used machines, here are some Amazon links you can check out to order a:
Single Globe Candy/Gumball Machine- https://amzn.to/2qLSht8
Double Globe Candy/Gumball Machine- https://amzn.to/2FkdN2d
Triple Globe Candy/Gumball Machine- https://amzn.to/2Tcvrry
Triple Globe Vendstar 3000 Candy/Gumball Machine- https://amzn.to/2PWbSVM
Tired of your Vendstar flaps breaking? Order these flaps and never worry about it again:
Click here: https://amzn.to/2Rcbtvz
Need keys for your Vendstar machines?
Click here: https://amzn.to/2qPbAd
Also Subscribe to my channel and never miss other great vending videos Chrome Vending...
Reyes The Entrepreneur
Vending Nation TV
There’s also rarer errors on 2 state quarters Arizona and Wisconsin
The Wisconsin one has an extra leaf on the ear of corn which is RARE and highly valuable
The Arizona one has something wrong with the cactus which is also very rare and valuable
LOOK FOR STAR NOTES (3x+ face value) there’s also web notes (rare and very valuable) and silver quarters and dimes keep these aside and sell the bills on eBay and take the coins around to different coin shops and sell them at whatever one gives u the best silver trade in value
I have years of experience and wish onto you the prosperity that some assholes in your industry have man. If you have a question send it to me man, not sure how to telll you otherwise. Screw most of your competition , their out for blood not love of the game, until I can see you may be one in the same.
I think hiring a locator can be beneficial for some people and then never even a consideration for others! Situations differ from person to person so that is just a personal decision each vendor will have to decide. Personally I have never used a locator and the closest I've come to it was buying a machine from a guy that was already on location. 👍🏼
What licenses, permits, insurance,etc do I need? How do I make or get a contract. I want the exact details.
I want to get into this business but I need someone to point me to the right way.
So I buy a vending machine, find a location, talk to the owner and that’s it?
I need more details.
What license or permit or whatever I need.
I am playing to start small with just a soda vending machine and see how I like it. Someone help me!
You don't have to be great to start, but you have to start to be great! Experience is the best teacher my friend... buy a machine, place it, then go from there. 👍🏼 You'll learn as you go. Here is a video I just uploaded that may answer your questions... https://youtu.be/Saqk1kfhJBE
Vending is just one stream of income for me. I don't believe it's a good idea to have ONLY one stream of income. There is great money in vending once you get your machines set up on location though. 👍🏼
+Chrome Vending Awesome :) I want to get started in vending, I find these videos helpful to learn. My plan is to get a route going in my town to start, and working to nearby towns. I found one route with like 45 machines on location, but it's in a town 2.5 hours away so it probably won't work, otherwise I would probably have bought it xD
It varies so much that I can't really give you an estimate. And then it depends on what type of machines also. Take a look at some of my collections videos what I show how much I made in a week, 2 weeks and 1 to 2 months collections for various machines for a better idea of what you could potentially expect! 👍🏼
Hey Mike thanks to you and your vids i went on and got my papers a vending machine and i finally got a spot and im about to buy my second vending machine and i already have a location for it as well so thanks you Mike Gee
Find out how much the location makes average per month and multiply that times how many months it takes to recoup your initial investment. I would say the faster you get your money back to better the investment. I generally like to have mine back within four to six months at most. 👍🏼
You are missing a trick with that BMW machine.
Personally I would have 3 or 4 coils with BMW merchandise in there. Let's face it, if you have or are shopping for a BMW, you have a bit of money. I am sure these guys won't mind spending $10 on a BMW keyring or something similar.
Have you checked out the local schools to see the paths the walking kids take to and from school yet? A $0.50 to $0.75 generic soda machine and a bolt down candy machine along the paths or near enough to draw them in can net you some good money along with getting the property owners happy about the otherwise bad foot traffic if they are making a percentage.
Yes it is hard to get a contract in a school but nothing says you can't get one on a property next to one.
+Chrome Vending Outside the box thinking? like buying a cheap minivan to cut up and mount some vending machines on to be able to drive to major events and simply park and plug in? Might be able to have enough solar to power everything but then need batteries.
There are so many ways to approach this business. You could go back and look at some of my earlier videos to see how I started and expanded or you can buy a route from someone or maybe go straight into full line or arcade machines! All depends what the best fit for you is. I think I've had my best results with soda machines.
+Chrome Vending Right now i am only using a Panasonic Lunix. I am looking to buy one like what you got, as well as an external mic. Do you have an external mic in this video? It sounds good either way, but i know how it is, we are competing with every other person on youtube lol
Yo, Mike...just subscribed to ya channel! Love what you do and I'm currently mid way through all ya videos starting from the very first one! Gaining knowledge from you because im DEFINITELY bout start this business by the end of this week! Again...thank you!
+Chrome Vending around my way alot of people are selling the Vendstar 3000 and 4000! Some without key and/or lock, but saw it's cheap to replace them! Plus the machines they're selling for $40-$75! With a 3 headed dispenser I figured that's not that's not a bad deal
+Chrome Vending I buy collateral loans at 8-9% interest because my step dad is in the business and is successful with a 7 figure net worth. However for you I would invest in a accountant to see if you can file as a corporation and deduct expenses like your mortgage payment because you use it as a distribution center. You should deduct things like the cost of your machines, your cell phone, on paper you want low income and high expenses for taxes. What if you had employees working for you so you could have a lot of locations?
Yeah luck has nothing to do with whether you fail or succeed, it's all about the effort you put in. Generally speaking though, it's considered good nature to wish the best of luck to others. 👍🏼
A lot of times I've noticed if I restart the machine after one or two things sell out everything else moves slower but if I let it sit awhile longer the other products move better too. this was actually my first week in this particular location though so that's why this one what's so low! 👍🏼
You manage to site those ATMs? Any luck? Would be keen to see you out in the field finding locations for those. You're sitting on potential goldmines there. AND no heavy lifting.
How many locations do you have total now?
Any chance of an average weekly/monthly income vid?
+Chrome Vending The good news is after a month or so you can start slipping the products back in at the higher prices by going with a "Want different product?" with an email address sticker on the machine.
Wooh! Thought if you uploaded in the middle of the night you could throw me off and I would not be first!?
You have your system down so well. It seems like second nature. That was a good tip, flipping the bags to help even them.
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