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Top 6 Vending Franchise Business Opportunities

Posted by siva, Sunday, October 19, 2008 11:47

Regardless of the economy, one thing always remains constant: vending machines. One of the few truly recession-proof industries, vending is an all-weather kind of business that Americans of all demographics flock to year round, in almost all circumstances. This, combined with its very low initial investment, makes it the perfect home business for both the beginning business owner and the seasoned veteran. If you're thinking about starting one of your own, here are 6 business opportunities that you would do well to take a look at.

1. DVDNow

The cutting edge of the movie-rental business is the DVD rental kiosk, a trend that has already gained amazing traction in Europe and is now making its way into American culture, where this vending franchise is one of the first to take the stage. Instead of selling candy, like your average vending machine, this automated kiosk provides DVD rentals quickly and inexpensively at convenient locations like malls and grocery stores. The startup cost is very low; the machine makes money 24-hours a day; and so far, the competition is very slim, making this the perfect time to jump into this great home based business.

2. Allstate Investment Group

Many vending machines sell either candy and snacks or beverages, but what studies have shown is that each kind of machine sees far more profit when they're placed side-by-side than either machine could in a location by itself. Allstate has taken that information to heart, producing a machine that is built to sell both snacks and drinks, giving it a definite edge in the market. Furthermore, this work from home franchise is a proud member of the Better Business Bureau, proving the trustworthiness of their name and business model.

3. Vendstar

A stalwart player in the vending industry, this business for sale is adamant about setting up their franchisees for success. With solid machines and brand name products, which are proven to sell better than off-brands, Vendstar owners are set up with everything they need to pull in the $70/hour income that the average vending business can easily provide.

4. U-Turn Vending

With an initial fee of less than $8000, this operation is more than worth the cost. The key to U-Turn Vending's individuality in the business of vending is the design of their machines. Unlike stationary machines, U-Turn Vending machines spin, creating space for 4-times as many different kinds of merchandise as a normal vending machine. This increase of options draws greater consumer attention, thus making higher profits; something that every business owner wants.

5. American Vending Systems

Tired of vending the same old products that everyone sells, these franchises have taken a different route, specializing in only one kind of snack: the Buzz Bite. Containing an amount of caffeine equivalent to a cup of coffee, each chocolaty Bite is the perfect solution to the mid-day slowdown for customers ranging from students to corporate executives. If you want to vend something out of the ordinary, this is the choice for you.

6. The Love Maine Lobster Claw

This is probably the only work at home vending franchise that turns a profit from lobster. That's right, selling the world's only pick-your-own lobster tank with a built-in joystick-controlled crane, this business makes a game out of selling live seafood, and customers love it. For only the cost of restocking and feeding live lobsters, some franchisees have made as much as $750/week from a single machine: an impressive profit from a truly unique business.

Whether it sells seafood, movies, or candy, there is a vending franchise available to suit your interests and your business needs. One of the few businesses that deals primarily in cash, takes no toll on your credit, and pays 24-hours a day, 7-days a week; vending is no joke, and is sure to pay off well for new vending franchisee.

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How To Make More Money From Each Location!

Posted by Chris, Sunday, August 17, 2008 16:42
Here are some useful tips on how to expand your vending services to your accounts to make more money without having to fork out thousands of dollars in equipment.

Out of all the accounts that I have, I don't just sell pop and chips, I have multiple services going on at many of my locations, where I am buying products for their kitchen and office needs. I am invoicing them for selling them products that they need and that they do not have time to go out and purchase themselves things like paper towels, coffee, cups, and sugar, milk, cream etc. It is just another avenue and source to make income because I have developed a relationship with these companies that has flourished.

I did not go in there and fill my machines and turn a blind eye to everybody. I just basically made friendly conversation with people and when you do that, there is a lot of money that you can make in this business. You have to really take a look around and open your eyes. Once you get into a location and you have your machines set up, take a look around and see what other stuff is going on there. Things that maybe you can capitalize on and save them money somewhere and make yourself a few extra bucks along the way.

Let's say that you have found one location to start with, where you set up a pop and snack machine. Then you basically went in and found a few items that they are already purchasing on their own, or where maybe they are going to another company and they may be overpaying, that you could save them money and make an extra say $50 a week. What if you could find ten companies to do that? There is an extra $500 a week. It can happen and it does.

So when venturing out to find new locations so you can have the opportunity to get new business you have to take some action to close the deal on these locations. Part of this process is the all important follow up.

Always be sure to follow up with the companies that seem interested in your services.

We only want to help the people who need our help. If we approach a company that already has a vending service provider, that is getting the job done right for them, then we move on to the next. A simple telephone call one week after your initial contact is a start.

Then go from there based on your prospects and circumstances. Work the numbers. There is no sense badgering them if they don't seem interested in you or your services, or they already have a company, don't waste your time pounding down their door, trying to convince them. You could be moving on to other people to try to get connected with them and refreshing your list of people all the time.

That is a good philosophy, because if they are not interested they are not interested. There are other companies out there that will be interested; you just have to work the numbers. Always keep that in mind.

Chris Robertson has been a successful vending operator for over 9 years. Living in Ontario Canada he provides beverage, snack, food and coffee vending services to various businesses in the GTA.He can be found at http://www.toronto-vending-services.com. Chris Robertson's Vending Business Tactics ebook can be downloaded by clicking here. His vending e book provides precision detail about how to start and operate a vending business.

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How To Find A Good Deal When Buying Your Vending Machines

Posted by Chris, Sunday, July 13, 2008 08:31

How do I know if I am getting a good deal in purchasing a machine? I have had people send me emails before, saying, "I bought this type of machine," or "There is this opportunity where I can buy a bunch of machines for this price. I am just wondering if I am getting a good deal or not." The first thing that I would do is to go and find two to three vending machine distributors in your local area and see what they are selling. Find out what types of machines they are selling and their pricing.

Second go to a website like ebay or your local buy and sell website. There is a great buy and sell site that is all over the U.S. and in Canada. It is called Kijiji. One of those sites can totally direct you. When you pull up the page on eBay and you type in the words vending machines, you will see all the different ones. You will know by looking at the prices and the different types if you're getting a good deal on a machine.

What you have to be careful about is buying new vending machines that are really over priced. The last thing that you want to do is spend more than you have to. So it is really worth it to do some research and homework before buying any vending machines.

I always even now will get two to three quotes and shop around for the best prices and equipment. I am not only looking for the best price but I am looking for a quality reliable machine that I can bring into my inventory that will last me many years.

Another way to find good deals on vending machines is to find a local vending operator in your area who has a few in storage and is looking to unload a couple for a good price.

Just call them up and ask if the could sell you a few machines. But remember to do some research first so you don't get ripped off in the process. Usually vending operators always have a few machines in storage some more than others. Just depends on how aggressive they are with getting them out of storage and onto locations. You can find these operator's by just looking in your local yellow page directory or even at the places where they buy their wholesale products that they place in their machines.

Again always take the time to know what you are buying and spending your hard earned money on. By doing this you can avoid a lot of headaches and aggravation in the long run.

Chris Robertson has been a successful vending operator for over 9 years. Living in Ontario Canada he provides beverage, snack, food and coffee vending services to various businesses in the GTA. He can be found at http://www.toronto-vending-services.com He has also written a vending e book which giving precision detail about how to start and operate a vending business. http://www.myvendingsecret.com Also be sure to take a look at Chris's vending information website http://www.your-vending-resource.com to get all the latest details and information about vending and Chris's Free Vending Report!

Chris J Robertson - EzineArticles Expert Author
Chris Robertson's Vending Business Tactics ebook can be downloaded by Clicking Here!

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