How to Start Your Own Vending Machine Business for Passive Income
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- čas přidán 7. 03. 2024
- Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?
Then starting a vending machine business may be perfect for you.
The vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.
Profitable vending machines are everywhere - offices, apartment buildings, gyms, airports.
Wherever people gather, there’s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.
And it’s a great market to get into because it’s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.
In this guide, you’ll learn:
**How the vending machine business model works
**The step-by-step process to go from zero to $1,000+ in monthly passive income
**Finding ideal locations and signing contracts
**Buying used machines vs leasing new ones
**Stocking, restocking, and maintenance procedures
**Risks to watch out for and mitigation tactics
IMPORTANT LINKS AND RESOURCES:
** If you make a purchase through my links, I may receive compensation. **
👉 Full Show Notes and Text Summary: www.sidehustlenation.com/how-...
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Thanks so much for tuning in!
This guest is amazing! Can you share his socials with us so we can follow him?
Mike is most active here: x.com/mrpassive_
Love to learn more
Go for it, Ted! Keep us posted :)
Thank you for this important informative business video
Looking into it !!!!
Thanks for watching, Carmen!
@@NickLoper Thank You
just started
Thanks for watching!