Vending Machines are in an outdoor outlet mall in Barstow. I pay $410 for the snack machine and $490 for the drink machine per month. The drink machine is more because it requires more power for refrigeration. I hired a local stocker to stock the machine twice a week. I just check my account online to see what items are low and I order it right on the website.
I buy the really cheap snacks at $.15 – $25 per item and resell on the vending machine for $.50-$.75. I make a bigger margin on the water. I can get each bottle for $.21 and price each at $1.00 in the machine! Soda is not so good, so I only have 1 slot for cola and 1 for Sierra Mist. Those are $.64 each cost.
You don’t need alot for an income producing asset. Bed Bath and Beyond sells a gumball machine for $19.99. The gumballs are $1 a bag and you can charge $.05 per serving (2 gumballs). I bought 4 and put them in the reception area of my sister’s office. I can clear around $8 bucks per month on each machine.
