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> OT Entrepreneur business questions, Small vending business????
GaroldShaffer
post Nov 5 2004, 09:02 AM
Post #1


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Julie and I have been talking about different ways for some extra income. Currently I am a full time engingeering manager and she works 3 days a week as an accounts payable clerk. She also sells Longaberger baskets for her "spending money". We live the American dream, and are doing fine. Just like everyone (well almost everyone) we want more.

We don't want her to go back to work full time, we have 3yr old. If we could find a way to replace her income that would be great, but mainly we are looking for something to make some extra $$ for trips, college savings, and so on. So now to my question.....

We are looking at a small vending business, mainly just gum ball vending. The startup cost is low, under $1000 for 4 machinces and supplies. Each machine could bring over $400+ each month, is low cost to mantain, and we can do it here locally.

I know these are very general questions but has anyone every ran a vending type business? I have never really done any business for myself other than cutting lawns when I was a kid. Any advice for a startup business?

Thanks

edit: link to what we are looking at http://www.navending.com/
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Posts in this topic
itsa914   OT Entrepreneur business questions   Nov 5 2004, 09:02 AM
seanery   Placed in the right location (not your front door)...   Nov 5 2004, 09:30 AM
djm914-6   GUMBALL! Did someone say GUMBALL? Yeah baby, c...   Nov 5 2004, 09:53 AM
ppickerell   $400 a month from one machine? Thats a lotta ...   Nov 5 2004, 10:04 AM
itsa914   Placed right, its doable. They would be a double h...   Nov 5 2004, 10:31 AM
morphenspectra   You have the machine, you have the gumballs, do yo...   Nov 5 2004, 10:42 AM
anthony   And who will repair the machines when the break? H...   Nov 5 2004, 10:49 AM
itsa914   Not sure about rent, but I would assume yes. They ...   Nov 5 2004, 10:57 AM
Part Pricer   How much of your take do you have to kick back to ...   Nov 5 2004, 11:06 AM
itsa914   :lol: :lol: :lol: The Gumball Gangsters :shoot...   Nov 5 2004, 11:07 AM
spare time toys   When we had our bar up home :DRUNK: a local guy o...   Nov 5 2004, 11:12 AM
seanery   seriously, don't get cheap gumballs. FORD rule...   Nov 5 2004, 11:14 AM
Carl   What's the standard practice regarding the rig...   Nov 5 2004, 11:35 AM
morphenspectra   When I was in high school there was a gumball mach...   Nov 5 2004, 12:31 PM
GWN7   A guy at work went into the vending machine busine...   Nov 5 2004, 12:51 PM
rick 918-S   I'd love to do something like this myself. I w...   Nov 5 2004, 06:10 PM
scruz914   Have you visited potential locations? How many al...   Nov 5 2004, 08:18 PM
McMark   I know you're talking about gumballs, but the ...   Nov 5 2004, 10:43 PM
itsa914   There are a ton of locations here in my little cit...   Nov 5 2004, 10:44 PM
rick 918-S     Nov 5 2004, 10:59 PM
GWN7   Check ebay...there is 1563 items under vending mac...   Nov 6 2004, 12:07 AM
JB 914   I've got some good friends in that business. ...   Nov 6 2004, 03:07 AM


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