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-...
    👉 Vendingpreneurs: vendingpreneurs.com/ (Side Hustle Show listeners get 10% off!)
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    Thanks so much for tuning in!

Komentáře • 9

  • @watergateHQ
    @watergateHQ Před 14 dny

    This guest is amazing! Can you share his socials with us so we can follow him?

    • @NickLoper
      @NickLoper  Před 14 dny

      Mike is most active here: x.com/mrpassive_

  • @tedtalksautomation
    @tedtalksautomation Před 4 měsíci +2

    Love to learn more

    • @NickLoper
      @NickLoper  Před 4 měsíci

      Go for it, Ted! Keep us posted :)

  • @Carmen-dd4lb
    @Carmen-dd4lb Před 4 měsíci +1

    Thank you for this important informative business video
    Looking into it !!!!

  • @VENDLIFE-VM
    @VENDLIFE-VM Před 4 měsíci

    just started