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Earn Your Leisure

Study Hall: START A VENDING MACHINE BUSINESS

Earn Your Leisure

iHeartPodcasts

Entrepreneurship, Education, Careers, News, Investing, Business, Business News

4.97.9K Ratings

🗓️ 18 June 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

In this Study Hall the Vending Machine King aka Kashief Edwards breaks down the steps to start a vending machine business.


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Transcript

Click on a timestamp to play from that location

0:00.0

Alright, so now we're going to get into some details. So alright, so for Vendee machines, right?

0:04.5

First question is um, how much does the Vendee machine cost?

0:08.4

So it could range. So I mean um

0:10.8

The cheapest you're going to find it is always going to be somewhere around a thousand dollars if you're using a use machine

0:16.4

First is if you're coming in with something new you're looking at about five brand five brand for a brand new one brand like brand new

0:22.9

Top of the line so new or use I didn't know that there were new use machines

0:27.7

Um, how where do we even get this like where am I finding a new machine without go?

0:33.8

So I mean new machines you could get from like the man the manufacturer is actually making like Coke Pepsi like those type of

0:40.9

Places you could buy them straight from them. Those are what the new machines come from and we're talking about actual

0:46.0

What I mean there's different types of it on a food vendor machines

0:48.7

So we're talking about sodas snacks. They do have food. They have ice cream machines

0:54.4

There's a lot of different different types. Okay, so if you're talking about use machines, which is you know

0:58.9

I use use machines and that's what I recommend everybody else to use mainly because it's

1:03.2

Easier than maintain and it's a lot more affordable like the price is no where close to you know five thousand dollars

1:09.0

You can get a use machine for around nine hundred which is which my first machine was okay

1:13.9

And you can find those own places such as like Craigslist

1:17.6

All for up Amazon let go

1:19.7

It might be a little more Amazon. Okay, and then the only reason I wouldn't I would say

1:25.6

Not to get it off like a platform

1:27.8

Where it's like online because I would recommend you checking the machine out first

1:31.4

You don't want to get it and get it in the get it where you know you don't know and then it's not working right and then you have to ship it back

1:37.4

Like that's a long process. You said let go. Yeah, what's what's that? So it's an app? Yeah, so let go off for up a Facebook market

...

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