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There are an estimated 1.2 million vending machines in the Australia.On average, a single vending machines investment can generate AUD $700 per month, making the yearly earnings AUD $8,400.Over the years, the vending machine industry has made significant changes and the demand for more healthy vending machines in Australia has grown. Snack dispensing machines have advanced considerably and now provide unparalleled quality and variety of products.
Contents
Are vending machines profitable Australia?
On average, a single vending machines investment can generate AUD $700 per month, making the yearly earnings AUD $8,400.
Does Australia have vending machines?
Over the years, the vending machine industry has made significant changes and the demand for more healthy vending machines in Australia has grown. Snack dispensing machines have advanced considerably and now provide unparalleled quality and variety of products.
How much does a vending machine make a month in Australia?
How Much Does the Average Vending Machine Earn? The average earnings of a vending machine is $715 AUD per month (gross).
Which country has the most vending machines?
Japan has the highest number of vending machines per capita in the world.
Where can I put a vending machine Australia?
- Apartment Complexes. Modern apartment complexes have clubhouses or function areas that all members of the community have access to. …
- Manufacturing Facilities. …
- Hotels. …
- Office Spaces. …
- Retail Stores. …
- Hospitals. …
- Auto Shops. …
- Universities.
How successful are vending machines?
Are vending machines profitable? Yes, vending machines can be profitable. The average vending machine earns $35 a week, but vending machines that are well-stocked and placed in safe, high-traffic locations can generate over $400 a month.
How much does it cost to buy a vending machine?
How Much Does An Average Vending Machine Cost? It is sometimes recommended to buy used or refurbished vending machines that sell between $1,200 and $3,000, according to vending machine operators. There is no specific price associated with buying a new vending machine, but it will range between $3,001 and $10,000.
Are gumball machines profitable?
It all depends on the location. Some bulk gumball machines make up to $350 per month and other gumball machines don’t even make $2 per month. The national average revenue for gumball machines, according to Vending Times Magazine, is $1 per machine per day.
How do you put a vending machine out somewhere?
Drive around to find available locations with plenty of foot traffic to place your vending machine. Good locations include hotels, motels, gyms, office buildings, laundromats, schools and shopping centers. Note any other vending machines in the area so you can avoid competition.
How long do vending machines last?
The average service life of vending machines is about 10 years, and a major cause of their disposal is the failure of their refrigeration or heating units.
What are the most profitable vending machines?
- Coffee Vending Machines.
- Soda Vending Machines.
- Snack Vending Machines.
- Cold Food Vending Machines.
How do you get a vending machine contract?
- Names of the parties and their legal addresses.
- Location of the vending machine. …
- Requirements for the vending machines. …
- Duration of the agreement – the start and end dates of the contract.
- Payment information. …
- Signatures of the parties.
What is the vending machine capital of the world?
There are about 7 million vending machines in the country, selling Americans sodas, snacks and sundries — and bringing in nearly $22 billion a year. But when it comes to mind-numbing variety and volume, Japan is hands-down the vending machine capital of the world.
Why Japan has so many vending machines?
To summarize, due to the significant ease of installing vending machines and to the number of people seeing vending machines as a side business opportunity, the number of vending machines installed in Japan expanded rapidly, and now we see them wherever we go in the country.
How much is the vending machine industry worth?
The global retail vending machine market size was valued at USD 51.91 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 10.7% from 2022 to 2030.
How much do vending machines make a day?
Most vending machines earn less than $5 per week. However, a well-placed vending machine can earn far more than that, potentially exceeding $100 per week or even hundreds of dollars per day.
What is the profit margin on vending machines?
Pricing coffee requires knowing what a unique market can bear, but many coffee vending machine owners report profit margins over 200%.
What are the most profitable vending machines?
Bulk Vending Machines
One of the most affordable types of vending machines with the biggest profit margin is the bulk machine. Bulk machines are those low-tech dispensers of gumballs, other candies, and toys you see at playgrounds, parks, and restaurant waiting areas.
How long do vending machines last?
The average service life of vending machines is about 10 years, and a major cause of their disposal is the failure of their refrigeration or heating units.
how many vending machines in australia
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Is A Vending Machines Investment Profitable In 2021? 💰 C&C Vending Services
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My Vending Machines Investment Story
What is the Vending Machines Business Model
How Much Does a Vending Machine Make
How to Find Vending Machine Locations
Are vending machines a good investment in 2021
Which vending machine is most profitable
Which vending machine products are profitable
How to start a vending machine business
How often do vending machines get refilled
How Long Does It Take to Refill a Vending Machine
How much do vending machines cost
Healthy Vending Machines Is The New Growing Trend In Australia | Worldwide Vending
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Is Vending Profitable? How to Start a Vending Machine Business – Benleigh Vending Machines
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- Table of Contents:
How Much Does the Average Vending Machine Earn
Vending Machine Earning Statistics
Variability in Vending Machine Earnings
How to Choose a Profitable Location For a Vending Machine
Are Vending Machines a Good Investment
Advantages of a Vending Machine Business
How Vending Machines Make Money
Are Vending Machines Profitable
Which Vending Machine is Most Profitable
Profit Margins for Vending Machines
Vending Machine Profit Per Month
How to Find a Good Place to Put your Vending Machine In
What Products Sell Best in a Vending Machine
How to Start a Vending Machine Business
Vending Machine Business Plan
Why Choose Benleigh Vending
What Do I Need to Start a Vending Machine Business
Starting a Vending Machine Business FAQ
Japan′s love affair with vending machines | Asia | An in-depth look at news from across the continent | DW | 15.01.2018
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- Most searched keywords: Whether you are looking for Japan′s love affair with vending machines | Asia | An in-depth look at news from across the continent | DW | 15.01.2018 Updating Asia,Japan,Tokyo,vending machines,society,consumersJapan has the highest number of vending machines per capita in the world. They play a key role in Japanese culture and society, and not just in keeping people in the big cities well hydrated.
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Meeting Japan’s robot priest
‘Comfort women’ dispute Japan’s Abe to snub South Korea’s Olympics invite
The violent world of Japan’s sumo wrestlers
Japan eyes aircraft carriers to counter North Korea China
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How Much Does A Vending Machine Cost? | TCN Vending Australia
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- Most searched keywords: Whether you are looking for How Much Does A Vending Machine Cost? | TCN Vending Australia Bottom Line: Are Vending Machines Profitable? Across the globe, there are over 15 million operational vending machines. This number is huge. In Australia alone, … Wondering how much does a vending machine cost? You’re not alone. Many are asking whether they should invest in automats.
- Table of Contents:
General Cost of a Vending Machine
Breaking Down Each Type of Vending Machine
Operational Costs What Are the Other Expenses
Bottom Line Are Vending Machines Profitable
For Cost-Effective and Reliable Vending Machines Trust TCN Vending!
Is A Vending Machines Investment Profitable In 2021? 💰 C&C Vending Services
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- Most searched keywords: Whether you are looking for Is A Vending Machines Investment Profitable In 2021? 💰 C&C Vending Services On average, a single vending machines investment can generate AUD $700 per month, making the yearly earnings AUD $8,400. Of course the revenue … We’re here to detail how a vending machines business works, how much money you can expect to make with a vending machines investment and insider vending secrets
- Table of Contents:
My Vending Machines Investment Story
What is the Vending Machines Business Model
How Much Does a Vending Machine Make
How to Find Vending Machine Locations
Are vending machines a good investment in 2021
Which vending machine is most profitable
Which vending machine products are profitable
How to start a vending machine business
How often do vending machines get refilled
How Long Does It Take to Refill a Vending Machine
How much do vending machines cost
I barely work and make a fortune
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Gaming and Vending Machines Manufacturing in Australia – Market Size | IBISWorld
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Gaming and Vending Machines Manufacturing in Australia – Market Size | IBISWorld
What is the market size of the Gaming and Vending Machines Manufacturing industry in Australia? IBISWorld’s statistic shows that as of 2022 … What is the market size of the Gaming and Vending Machines Manufacturing industry in Australia? IBISWorld’s statistic shows that as of 2022 the market size of the Gaming and Vending Machines Manufacturing industry is $385.7m a decline of -4.48% from 2021.Gaming and Vending Machines Manufacturing, AU, Australia, Market Size, Statistics, IBISWorld - Table of Contents:
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Vending machine business is an ever growing business in Australia. … Moreover, there are many vendors selling healthy, nutritious and low cal snacks. … - Most searched keywords: Whether you are looking for 403 Forbidden
Vending machine business is an ever growing business in Australia. … Moreover, there are many vendors selling healthy, nutritious and low cal snacks. - Table of Contents:
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Is A Vending Machines Investment Profitable In 2021? 💰 C&C Vending Services
How to Find Vending Machine Locations?
Here is our cheat-sheet that will allow you to assess whether a vending machine location is suitable and could be profitable for you:
1. Does this location have at least 25 people in the location throughout the day?
a) Is the location ‘white-collar’? Then you Require at least 30-40 regular daily people to be present.
b) Is the location ‘blue-collar’? Then you Require at least 20-30 regular daily people to be present.
If the location has fewer than 25 people throughout the day, you may have an expensive asset sitting around not making money for you. However, consider the location and customers carefully. For example, a factory that has 20 blue collar labourers with no other food and drinks nearby is likely to generate more revenue than an office with 100 white collar workers who only pop into the office for meetings.
2. Are you able to regularly organise refilling and maintenance?
a) Budget on 2 hours per week for refilling and maintenance per machine. This depends on how busy the vending machine location is.
Pro-Tip: remember our 6th step in our business model above “You Provide Convenience” ? Budgeting for a little extra time to keep each machine fully stocked and maintained is the ‘secret sauce’ for a successful vending machine business in 2021. You can achieve this by ensuring your vending machines investment has back-to-base monitoring which will notify you when a machine is running low on stock or has a problem. Ask C&C Vending Services about vending machines with back to base monitoring.
Remember, you’re not selling food and drinks, you’re selling convenience.
3. Can you source the drinks and snacks required at this location for a cost that can return you your required profit margin?
You need to ensure that your profits are high by paying the lowest possible per-unit price on the products you purchase for each machine. Look for wholesale snacks and drink suppliers in your area. Try to create a network of wholesale suppliers that you can regularly source products from. Some vending machines sales will reap less profits than others. So depending on your required profit margins, it may not always be profitable to stock the machine with products which are hard to find and high priced.
Pro-Tip: Your profit margin for a vending machine location should be 55% or more. Do the math before deciding to take on a new location.
Healthy Vending Machines Is The New Growing Trend In Australia
Over the years, the vending machine industry has made significant changes and the demand for more healthy vending machines in Australia has grown. Snack dispensing machines have advanced considerably and now provide unparalleled quality and variety of products.
Here are some of the reasons why healthy vending can become a very lucrative business:
The vending machine business is a great way to make extra income
Starting a vending machine business can be an excellent way to start a new full-time income or even supplement your existing income.
Changes to our economy has meant that income diversification is even more important now than ever before, and an investment in one or more healthy vending machines is a good way to do this.
Australians are getting more conscious about their diet
Who doesn’t love healthy snacking? With fresh beverages and snack varieties constantly hitting the market, you could really tell that people are now joining the revolution of healthy eating.
According to the Australian Bureau of Statistics ‘Australian Health Survey’ in 2011-12, over half of all Australians aged 15 years and over considered themselves to be in very good or excellent health. This is mainly due to an increased awareness in their health, fitness and diet. This increased consciousness and awareness in healthy food eating has made vendors rethink the idea of creating nutritious snack and beverage machines.
The government enforces a more healthy way of eating
The importance of a healthy diet is now legislated by the government in schools in some Australian states, this has encouraged many schools to adopt the sale of healthier foods and drinks. Aside from promoting healthy eating laws and policies, the government is also taking part in making Australia a healthier nation.
Advancement in technology
With people switching to healthier snacks, the operators of vending machines are incorporating high technology and eco-friendly vending machines in order to provide fresh and healthy products to Australian consumers.
Healthy vending is convenient
Today vending machines are just about everywhere. Vending machines are convenient and people can use their spare coins to buy just about anything, from chocolates, chips, tissues, drinks, sandwiches, toys, CDs, medications and even personal care items.
The vending industry still continues to grow because of the convenience and variety of products on offer and a healthy vending machine in Australia is now one of the fastest growing tends.
Bright future for healthy vending
Healthy vending machines need to be placed where they will make the maximum impact to ensure the best profit.
The best areas for healthy vending machines in Australia includes schools, universities, gyms, health and fitness centres, hospitals and companies with health conscious employees. Set-up your machine in a high traffic area or in a break-room where they can be easily seen and accessed.
More and more companies and facilities are adopting healthy snack vending that not only promotes health and fitness but also returns a healthy profit to the operator.
The healthy snack industry is one of today’s top earning segments in the vending business world. It offers some of the fastest returns, a minimal volume of risk, low maintenance and is one of the simplest snack machines to operate. Healthy vending is a worthwhile investment.
Is Vending Profitable? How to Start a Vending Machine Business
How Much Does the Average Vending Machine Earn?
The average earnings of a vending machine is $715 AUD per month (gross).
How much can you expect to make from your vending machine business? I have found that the average vending machine makes about $170+ per week in gross sales.
Please remember the figures explained are just averages and represent gross figures.
Vending Machine Earning Statistics
Period: Average Earnings (AUD) (per Machine) Weekly Earnings $164 Monthly Earnings $715 Yearly Earnings $8,580
Variability in Vending Machine Earnings
Fortunately vending machine earnings are very consistent which makes a vending business enticing to many small start-ups.
Your earnings will vary based on multiple factors. This makes it almost impossible to predict exactly how much your machine will make during the beginning stage.
How to Choose a Profitable Location For a Vending Machine
Just like location matters when buying real estate, the same applies to your vending machine. Demographics, weather, and how accessible other nearby food/drink is, can all dramatically affect your bottom line.
We recommend choosing a place that has at-least 30+ regular people at the premise on a daily basis. This total of 30 can be a mix of staff members, contractors or customers who walk-in.
Sites that have a “blue-collar” working environment should do well with at least 25 regular people (daily). Examples of a blue-collar vending site are factories, warehouses, mining plants and other areas where quality food is difficult to find.
Sites that have a “white-collar” working environment should do well with at least 35 regular people (daily).
Examples of a white-collar vending site are office buildings, airports and locations in the CBD.
If the machine is placed in a building that has 2 main areas where most people congregate, always choose the area that tends to have the larger number of people.
Are Vending Machines a Good Investment?
Yes vending machines are a good investment. Depending on where the site is located, many people make back their initial investment after 12-18 months.
Advantages of a Vending Machine Business
Some people feel that the money is in the banks, but we here at Benleigh think a little differently. Instead, we know that “the money is in the vending machine”, literally!
Aside from being a very cash heavy type of business, there are all kinds of benefits to being involved in the vending industry.
As a vending machine business owner, you’ll enjoy many advantages aside from the extra money you’ll be earning.
Make a Really Good Yearly Income – By sticking to our proven formula, it’s extremely likely you’ll end up earning an above average income.
– By sticking to our proven formula, it’s extremely likely you’ll end up earning an above average income. Reach Profitability Fast – Compared to the average business out there, a vending machine business has a very high return of investment. There are not too many other businesses out there that can say such a thing. Once your machine is paid for (12 to 18 months), it’s all profit from then on! Then you can add 2nd machine to your business if you like and watch your sales double instantly.
– Compared to the average business out there, a vending machine business has a very high return of investment. There are not too many other businesses out there that can say such a thing. Once your machine is paid for (12 to 18 months), it’s all profit from then on! Then you can to your business if you like and Low time Commitment – Running a vending machine business doesn’t require all of your time. 1 – 2 days is all that’s required to run your business effectively. This allows you extra time to do more of the things you enjoy doing!
How Vending Machines Make Money
How does a vending machine make money?
Vending machines make money in 5 different payment methods a quality vending machine will take.
Credit Card Pay Wave / Tap n Go Notes Coins Android/Phone App
Our own data clearly suggests when you offer more payment choices to consumers; the more money you end up earning.
Are Vending Machines Profitable
Yes vending machines can be a very profitable business. You may earn $8,000 or more each year from having just 1 machine. You may get a 100% ROI within 18 months which is considered an excellent return on investment.
We have been operating our own vending machines for over 20 years. During this time we have experienced rapid growth ourselves and believe that anyone can do well provided they work hard.
Which Vending Machine is Most Profitable
The most profitable vending machine is a machine that takes multiple forms of payment such as the Benleigh BV5 model. In 2017 Benleigh introduced credit card readers into thousands of our machines. After incorporating credit card readers into hundreds of our own machines, we saw sales on every machine double in many cases!
Profit Margins for Vending Machines
The gross 12 month profit margin for a brand new vending machine is about -5.53%. This amount doesn’t include the cost of buying stock. This works out to be quite a high profit margin once your run the machine into year 2 of your business. The majority of vending operators make their initial investment back well with 24 months.
Vending Machine Profit Per Month
The net profit per month for a vending machine is about $400-500 (AUD). This cost is taking into account gross product sales minus the wholesale cost of buying said products. The average total gross sales is approximately $650-$750 per month.
How to Find a Good Place to Put your Vending Machine In?
How to find the place to put your vending machine in? This is the question all vending machine operators are always asking themselves. Choosing the best location for your machine is the single most important thing that will determine your success or failure.
Benleigh understands this predicament and will actually help you find profitable locations to place your machine in. We don’t just give you solid advice, but we will actually give you leads that come to us!
What Products Sell Best in a Vending Machine
Below are the best selling snacks and drinks sold in the average vending machine, categories by product type. This data has been calculated over an average of almost 1,000 vending machines.
With such a large sample of data, this chart does represent an accurate picture of the state of vending machine consumer buying habits.
What’s interesting is that during the customer acquisition stage, it’s not uncommon to see the customer making strong requests for healthy items. We always give the customer what they ask for, so we have no issues with stocking healthy items. In fact we do see this sector growing year over year.
However, a quick look at the numbers shows that unhealthy items are vended out 90% more often than healthier choices.
Soft Drinks Chocolates & Lollies Chips Energy Drinks (Red Bull, V, Mother) Healthy Items Juices & Water
The good news is we are seeing this trend reverse. As Benleigh continues to add more healthy items to our product range, we are seeing profits increase.
Items such as fruit juices, coconut water, tuna, chicken meals, and protein products continue offer consumers an impressive amount of choice.
How to Start a Vending Machine Business
Below you will find the best tips to start your vending machine business. These tips are based on our 20+ years of experience and they certainly work! We can help you get started in your entrepreneurial journey.
First decide if a vending machine business is right for you. Remember that a vending machine business requires a minimum of 2 hours a week of your time. Decide how many machines you want to start with. Decide on the locations you will be able to service. Understand that you could make your money back within 12-18 months Contact a vending machine supplier like Benleigh Vending, as you will need to buy some vending machines. Choose which products you will stock your vending machine with.
Vending Machine Business Plan
Before starting your own vending machine business, you should have a plan. This doesn’t need to be a comprehensive business plan, but you need some idea of the direction you want to go in.
The good news is Benleigh Vending Systems is happy to work with you. We can develop a simple – yet solid business strategy that works each and every time.
Benleigh began with very humble roots, yet have grown quickly over the last several years. We started off with a handful of machines and today we have a massive 2,000 vending machines in every state of Australia.
We will help find excellent sites to place your vending systems in, and share exactly what has worked well for us.
If you are ready to talk us about beginning your profitable vending machine business, please call us on 1300 629 153 or email us
1) Add a Credit Card Reader
We found sales can increase by at least 90% when adding a credit card reader to a cash/coin only machine.
As the popularity of credit card payments along with pay wave continue, we feel having a card reader built into your machine is a necessity now
2) Respond to Leads Within 24 Hours
Benleigh receives a large portion of our new leads online. Remember that the online consumer behaves slightly different to a lead generated by the telephone and other offline methods.
Tip: You should respond to the person enquiring about your vending business quickly (within 24 hours). We have found by responding to emails quicker that we have better success converting leads. People don’t like to wait days for a company to respond to their enquiry.
3) Fill your Machines Regularly
Although the hours required to invest in a vending machine is quite minimal, we have found it very important to stay on top of things. An empty machines means that you can’t sell any products!
To ensure that you never miss out on profits, we recommend refilling your machines at least once per week.
One refill per week is what the average vending machine will require. Some larger sites may require two times, but these busier locations are the exception; not the rule.
It will only take about 20 minutes to refill one vending machine. 20 minutes to earn possibly $150 per week is very profitable use of your time.
4) Work Smarter – Not Harder
Keep in mind that it’s very beneficial to your business to work efficiently as much as possible. Once you have multiple machines we can provide you with some handy tips work efficiently. For example when it comes to driving from machine to machine, you will want to map your route.
5) Don’t Over Pay For Stock
The snacks and drinks in your machine are the life blood of your vending business. Overpaying for your stock will quickly eat into your profits and leave you with a poor taste in your mouth. We believe in the beginning of your vending business, the idea is to pay off your first lot of machines as soon as possible. This will give your confidence to continue on, and come to the realisation that vending can be an AWESOME business!
Benleigh Vending Systems will help you find the cheapest sources to buy your stock cheaply, ensuring you maximise your profits from the get go! We believe the vending system business well the “buy low and sell high” business model. It’s important to lock in your earnings as soon as your order your wholesale stock.
Following our easy and proven vending model, you’ll leave out the guess work. We make it as easy for you as possible, while allowing plenty of time for you to focus on proving a good customer experience; while earning the most profit possible.
Why Choose Benleigh Vending?
We give you access to buying groups. Benleigh will connect you with affordable distributors who will give you the best prices on snacks and drinks.
Benleigh will connect you with affordable distributors who will give you the best prices on snacks and drinks. High quality vending systems
We send you regular leads
Business development (we work with you to grow and develop your business).
FREE ongoing support
Warranty
Bulk pricing for machines
Benleigh is not just here to sell you a machine and leave you to fend for yourself.
What Do I Need to Start a Vending Machine Business
The following is what you need to start a vending machine business:
You need an ABN (Australian Business Number) You will need a reliable vending machine You will need transport (van, ute, truck, or large car) Stock to place inside your vending machine Coin Reader Note reader Credit Card Reader
Benleigh can assist you in many of the steps listed above. We can provide you with Australia’s highest quality vending machine which also comes with a coin, note and credit card reader already in built!
Starting a Vending Machine Business FAQ
I have written the most popular questions a new vending machine operator asks. Although it’s extremely easy to start your own vending business, there are a few key things to consider:
Do You Need a License to Start a Vending Business?
No you don’t need a license to start your own vending machine business in Australia. All that is required is an ABN/ACN number.
How Much is a Vending Machine License?
As you don’t need a license to start your vending machine business, the cost will be $0.00.
How Often Will I need to Refill My Machine?
On average, about 85% of the machines you have will only need to be refilled once per week.
How Long Does It Take to Refill a Vending Machine?
Refilling one vending machine only takes about 10-15 minutes.
one vending machine only takes about One person will have time to fill 10 to 15 machines per week.
will have to 60 minutes is need for filling, monitoring and travel time
is need for filling, monitoring and travel time 1 day for snack and drink shopping, talking to wholesalers
* Remember as you add more machines to your vending run, your time requirements will reduce (from a time per machine basis).
Where Will I Find My Stock To Fill the Machine?
When working together with Benleigh Vending, we can connect you with wholesalers and distributors where you’ll be able to order stock at discounted prices.
How Much Do Vending Machines Cost?
The average cost of a brand new vending machine is $7,000 – $10,000 (AUD).
How to Become a Vending Machine Operator?
How to become a vending machine operator? The first step is to get in contact with a large vending machine company. You will need to choose a reputable vendor like Benleigh Vending Systems. A large vending company will have the correct infrastructure, software and support that you’ll need to become one of the leading earners in this industry.
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