Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?
Then starting a vending machine business may be perfect for you.
The vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.
Profitable vending machines are everywhere — offices, apartment buildings, gyms, airports.
Wherever people gather, there’s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.
And it’s a great market to get into because it’s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.
In this episode, you’ll learn:
How the vending machine business model works
The step-by-step process to go from zero to $1,000+ in monthly passive income
Finding ideal locations and signing contracts
Buying used machines vs leasing new ones
Stocking, restocking, and maintenance procedures
Risks to watch out for and mitigation tactics
Full Show Notes: Vending Machines: The Path to Your First Passive Profits
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599: Vending Machines: The Path to Your First Passive Profits | The Side Hustle Show podcast - Listen or read transcript on Metacast
