If you’ve been looking for a new business opportunity that you can get started with only a small investment, that doesn’t require much capital, has low overhead and can be done at multiple locations, there’s a simple solution. How about starting a healthy vending machine business?
Why Invest in Vending Machines?
Whether you’re looking to fully invest in running your own company, or are just looking for a snack-filled side hustle, consider these facts:
- 100 million Americans will use one of seven million vending machines each day, according to Balanced for LIFE.
- Vending machines average over $7 billion a year in sales.
- Over $64 million a year in profits are generated by the snack and vending machine industry.
Vending machines are found everywhere throughout the country, and while you probably think of chips and candy when it comes to the convenience of a vending machine, the future is with healthier options—and the future is now.
The Desire for Healthier Food Options
According to one survey, healthier snacks outsell traditional snack foods by 300 percent, which is good news considering snacking on junk food can lead to various health issues such as obesity, heart diseases, diabetes and other chronic diseases.
Due to growing health concerns related to snacking, consumers are now more inclined toward healthy eating habits, which is creating a surge in demand for healthy options. In fact, in a survey from L.E.K. Consulting, 93 percent of consumers want to eat healthy at least some of the time, with 63 percent trying to eat healthy most or all of the time.
The solution?
A vending machine that helps meet all of these needs.
Starting a Healthy Vending Business
With vending franchises, you have a built-in solution to many of the inherent risks of starting a company from scratch or buying an existing business, and you don’t need experience to be successful. This is the main reason vending franchises have been described as “the greatest business model ever created.”
Other advantages of a healthy vending machine business include:
- Scalability: You can start with one machine and expand your business any time you choose.
- Low Startup Costs: Aside from purchasing the machines (which can be financed) and a vehicle to service your route, your capital costs are relatively low. No other equipment or machinery is required.
- Simplicity: After setting up the machines, your only duties are to maintain and restock the goods as needed and collect the money.
- Flexibility: This industry is ideal for families, as everyone can easily be trained to assist with purchasing, stocking, bank deposits, accounting, etc.
On top of that, you’re helping people truly make healthy choices and an investment in their overall well-being.
The Future of Vending
Given the country’s desire for healthy options—and convenience—the healthy vending business is going to continue to grow and expand exponentially over the coming years. It doesn’t require anything more than some initial startup costs and what every startup business requires—hard work and a strong motivation to succeed.
