When you are ready to purchase your first machine, consider your investment. Depending on what your investment budget is, make sure you factor in the cost to stock the products in the machine. Stocking the products can account for the majority of the costs to start a vending machine business. A vending business can be started with as little as a $2,000 investment for basic services. It is recommended to buy used or refurbished machines when starting out. These machines can be purchased anywhere between $1,200 and $3,000 whereas a new vending machine will cost anywhere from $3,000 to $10,000, depending on its size and features.
When searching for a vending machine seller, look into the following:
Consumer-to-consumer platforms like Craigslist and eBay have thousands of vending machines for sale. When using these platforms, it is helpful to filter by the owner or merchant location so you are not paying large fees for shipping based on farther distance. This option is cost-effective and is the best option for first-time vending entrepreneurs, and can save you thousands!
Secondary market sellers or specialty online retailers - Here you can browse and shop different brands of vending machines, find out what's out there as well as view helpful resources for business owners.
Manufacturers or wholesale vending suppliers have a large selection of vending machines for sale, the newest technology, and the most end-to-end services for delivery, repairs, and training. Although this is the most expensive option it is a good option for a vending empire. There is the possibility that this option would require the purchasing of multiple vending machines or other fees that go towards servicing and development programs.