There are no magic numbers when it comes to vending. You can keep 50% of your profits or 80% it all depends entirely on you! I can tell you this much if you continue to follow this blog and sign up now I will show you how to never go below 75% profit.
Example Free Tip Real Life Easy Scenario:
Joe does not want to waste his money on expensive vending machine business opportunities that he found on the internet. They wanted 25K and above to buy a franchise. (SOUNDS FAMILIAR)
He started by doing a little bit of research, and he found an article on cheap vending machines.com<<<< OH LOOK, IT’S THIS ARTICLE.! Now Joe makes $143,000 per year. Here’s the tip, he bought the most profitable vending machine for $2,000-dollar through his initial investment. A Dixie Narco 501E vending machine with a Nayax credit card reader. He then used our location tip and placed it in a high-volume location. Using the money, he would have spent on a locator he stocked up on NOS, Dr. Pepper, Mt. Dew, Coke, Sprite, Water, Yahoo, Big Red.
His Pricing Break Down:
Nos Purchased at Sam’s Club, here is why Nos is perfect. Nos at regular price is $26.35 per 24 it’s roughly $1.09 per can. Joe sells his cans for $2.25 plus $0.10 convenience fee. Joe has 1 machine and sales 10 NOS a day at $2.25 he only pays $1.09 per can,his Gross Profit on this 1 item is $232.00 a month. That’s equivalent to a lease on a 2018 Toyota Corolla. As you can see we can go on and on how to increase your price margin, the key to success is in the location, what the customers want and not selling yourself short on price.