Hi everyone today i will be sharing my experience on starting a gumball machine business.
Gumball machine business reddit.
Ideally you want the turnover to be sufficient to keep the product fresh not stale for your customers but that varies.
We will be opening and setting up a brand new machine and hopefull.
Purchase 1 gumball machine on a stand to get the feel of running a gumball machine business or buy 50 gumball machines on stands to establish or expand your existing successful.
Bulk candy sales if the turnover is sufficient have some of the best profit margins in the vending industry.
The machines held 2000 gumballs.
I would scout restaurants and offered them placement in exchange for 25 gross sales.
If you are looking to start a gumball machine business the following advice is for you.
The business needs an average of 60 hours month labour which i believe i can cut down to 30 40 she only fills machines halfway to save on money spent on candy per month.
I ran a successful gumball machine business for a bit.
People constantly ask how much money will my gumball machine make every month to quote you a number of how much a gumball machine will make a week or a month would be misleading.
Sam s club for the balls the machine from craigslist.
I d collect quarterly and the haul was good.
I d restock and off to the next.
Someone has linked to this thread from another place on reddit.
The financials and labour needed.
It all depends on.
R machinethatmakesmoney gumball machine business at 17 y o if you follow any of the above links please respect the rules of reddit and don t vote in the other threads.
This business has an average gross income of 3 600 month with average expenses of 1 200 month leaving a net profit of 2 400 month.
The machine is an old coke machine it s probably 5 10 years old tops it was purchased sometime between 2000 and 2010 but i am sure if i dig around i can find more info on it there is probably some markings or something somewhere inside.