The benefits of having an all cash vending business. Vending is the perfect cash business. There are no bad checks, credit risks, accounts receivables or other collection problems. Vending is the largest cash business in the world. When your machines are placed correctly they are paid for in a matter of months, not several years like most businesses. The vending industry is a growing industry that is developing at a very high speed. The vending industry is now considered as one of the most lucrative business opportunities in America.
Your new venture has immediate cash flow without lean years. Bulk machines versus 'Real Commercial Grade' Vending Machines for a small vendor without the large overhead. Your income starts as soon as you place your machines on location. People have used vending machines day in and day out through times of recession, as well as times of inflation. According to surveys from national trade magazines vending continues to grow at the rate of over 10% per year and with no end in sight. The business can be started with a small investment and can gradually be expanded to almost any income you desire. While other businesses have failed due to the poor condition of the economy, higher interest rates, a slower real estate market, vending has continued to thrive. People in the industry say they expect 2014 and 2015 to be the best years yet for the vending business and small route operators due to the expected economic recovery that is long overdue.
Having a year-round business. People drink beverages, eat candy and snacks every day of the year, in every city in the United States. Vending machines do not cater to one type of person, everyone consumes food on a daily basis. Vending is virtually recession-proof and nationally advertised products are always in demand.
Vending makes the ideal family run business. Vending allows you to involve members of your family in a business with some major advantages. You can work with your children in an environment that lets you teach them good business practices and work ethics. If you have teenagers with a drivers license they can restock machines and the younger children can help count the money.
Having a business gives you flexible hours with lots of time off. Once you have your vending machines are on location, they do most of your work. They are always on the job, displaying and offering your products for sale 24 hours a day, 365 days a year. Once you drive to the location it takes an average of 20 minutes, twice a month to restock products and collect money from the average full size vending machine. Vending machines do not demand higher wages and require only re-stocking of fresh supplies on a regular basis.
You have a business with no personal selling required. Vending machines do the selling for you, allowing you to work smarter not harder. Vending machines are always on the job, they are never late for work, they never take coffee breaks or call in sick. Vending machines do not insult your customers or give away your profits. Vending machines do not take bad checks, expired credit cards. They collect cash at the time of sale and then deliver the product immediately. You have a business with no rent, utilities, etc. to pay. With a small route you can work out of your home, instead of an expensive office. Your machines are placed in business locations that already have customers and they pay the overhead. You are your own boss and can work at your own pace. Having a business with no employees to pay. By filling the machines yourself there are no employee wages to pay along with all the other employee based taxes or employee insurance.