If you’ve been looking for a franchise to get involved with that’s easy to start and entirely scalable, then maybe you should look into vending machines. You may not think very much of them, but if you pause to count the number of them you pass every day, your entrepreneurial sense might start tingling. Behind every vending machine that you pass there’s an entrepreneur like you who is reaping the benefits of an impulse-buying business. While one vending machine on its own might not generate much of a profit, several vending machines can be a real boon of almost passive income. Further, the proceeds from one vending machine can be turned toward placing the next vending machine and the next after that. Before you know it, you could be running your own vending machine franchise empire.
What kind of vending machines are out there? Most of the ones you’re thinking of are the ones that dispense soda and junk food. But as you’ve probably noticed over the past few years, people are going on a health kick. And this health kick provides an exciting opportunity for the motivated entrepreneur within the vending machine sector. Below, you’ll find information about two vending machine franchises that offer you a chance to monetize interest in eating healthier and more responsibly.
In business since 2010, the Urban Vendor franchise has grown into a major force in the healthy vending machine industry. Their flagship product is the Karma Box, which is a state-of-the-art vending machine. It allows customers to pay with more than crumbled dollars and spare change, as customers can also use their credit cards and debit cards to complete transitions. In addition to this, the vending machine has been manufactured with the environment in mind, which is sure to please many who will be frequenting the vending machines.
RELATED: SELF-SERVE BEER VENDING MACHINES
The state-of-the-art technology behind the vending machine doesn’t just stop there, though. Entrepreneurs will also gain access to a cloud-based backend that’s capable of managing almost everything related to his or her vending machines through the Internet. Because vending machines require a lot of legwork to maintain, the time that this kind of technology saves is invaluable and would allow the skilled entrepreneur more valuable time to dedicate to growing his or her vending machine business.
The minimum startup cost for getting off the ground with Urban Vendor and a Karma Box is in the neighborhood of $10,000, which isn’t cheap. However, as you’ve seen already, there a lot of benefits that accompany those startup costs.
Healthier 4U Vending
The Healthier 4U Vending franchise offers a very similar model to Urban Vendor. Their vending machines are also state-of-the-art, and Healthier 4U Vending also offers customization options in order for you to make the vending machines you run truly your own. Of course, you might want to toe the line a bit, because the vending machines are a nationally recognized brand.
Again, like the Karma Box from Urban Vendor, the products offered by these machines cater to the health-conscious crowd. But, as we’ve already discussed, this is a great thing. People’s interest in healthier eating is only likely to expand, and the popularity of these vending machines – and others like it – will only continue to grow.
To accompany this room for growth, Healthier 4U Vending also provides a great deal of guidance with respect to getting your vending machine business off the ground. They’ll provide you with locations to place your vending machines, training in Las Vegas on how to run your vending machine empire and direct access to their staff for on-the-fly support.
The minimum startup cost for Healthier 4U Vending is $20,000, but it can be scaled above that depending upon the level of investment that you’re willing to make. That might seem expensive, but one thing to factor into your analysis is the fact that they do not require their franchisees to pay franchise fees – and they provide you with a workable business model.