| The coffee vending machine business is a tough | | | | are looking for. This is mainly because, there are tons |
| business, anyone that tells you otherwise is either | | | | of F&B outlets for consumers to purchase their |
| the landlord or the vending machine salesman! Yes, | | | | coffee, why would they go to your vending |
| both wanting to get some businesses from you. | | | | machines? |
| Imagine this, you only earn a few cents for every | | | | Secret number 2: Less is good |
| coffee sold and this profit has to be shared with the | | | | This is the essential component for any coffee |
| landlord, the utilities company and machine repayment. | | | | vending machine business, choice of location. Anyone |
| How much would you be left with? | | | | would tell you that location is key in retailing business |
| Then, there are those folks that sings the merit of | | | | and they are not wrong. However, for vending |
| coffee vending machine business being the best | | | | machine business, it is slightly different. |
| model and how this model can really provide you with | | | | Think of it this way, when would you need the |
| a passive source of income. Read on and evaluate if | | | | vending machine most? When you cannot find a shop |
| this model is really passive. | | | | nearby and need a drink or snack right? And, that is |
| The machine would break down, the ingredients | | | | the key success factor of a coffee vending machine |
| would run out, money needs to be collected and you | | | | business. The absence of the usual shopping buzz. |
| need to clean the machine for pest prevention. It | | | | While you should look for areas that are not so |
| would really be great if you do not need to attend | | | | popular, still maintain the look out for an area that is |
| to the machine everyday, forget about coffee | | | | populated. What you do not want is competition, you |
| vending machine business being an automated cash | | | | still need to have traffic to make a living! |
| machine... | | | | Neighbour hospitals, police stations, military |
| Sorry about the gloom and doom on the coffee | | | | compounds, fire stations are all great areas where |
| vending machine business, I simply do not want | | | | coffee vending machine business reported strong |
| people to come into this business, thinking it is easy | | | | sales. |
| money. Sure, it is difficult but not impossible. The 3 | | | | Secret number 3: Thinking out of the box |
| secrets that I am sharing might potentially change | | | | If the crowd does not come to you, go to the |
| the way you run your business. | | | | crowd! With Lioness H5 and even newer model |
| Secret number 1: Avoid the malls | | | | coming out, coffee vending machine has the ability to |
| Yes, this is exactly what I am trying to say, no typo | | | | entered into even a normal office pantry. |
| error. If you want to run a profitable coffee vending | | | | So, instead of getting a beaver coin operated |
| machine business, please do not place any machines | | | | machine, get a Lioness H5, find an office, negotiate |
| in shopping malls. | | | | per serve pricing and start a business there. Most |
| It is simply not profitable and regardless how well | | | | table top coffee vending machine, comes with meter |
| your inflow might be, the outflow would wiped out | | | | reading that keep track of the cups they served. So, |
| everything. | | | | tracking is easy and transparent. |
| Any placement in shopping malls come with the basic | | | | From there, all you need to do it maintain the |
| rental, utilities and usually with commission takings on | | | | machine and the coffee vending machine business |
| monthly sales. Depending on your pricing, the | | | | has truly become passive. |
| commission can take away whatever little profits you | | | | There you have it, 3 secrets that might add more |
| have. | | | | profits to your coffee vending machine business, do |
| Then, contrary to popular beliefs, shopping malls while | | | | a split test, try one machine out and be prepared to |
| having good traffic might not have the sales that you | | | | be amazed! |