Vending Business Success Stories [2024]
Vending businesses make money selling snacks, beverages, sandwiches, detergents, and other products that customers can purchase through the vending machine.
The cost of starting a vending business is just that of buying the machine and stocking it. If your vending machine is within a shopping mall, you may have to pay a rental fee and business license for the local authorities to allow you to operate the business.
If you are considering starting a vending machine business, consider the possible products you can sell using the machine. You need to find a suitable location and choose the right type of vending machine.
In this list, you'll find real-world vending business success stories and very profitable examples of starting a vending business that makes money.
1. iKrave Vending ($360K/year)
Lakinya, the founder of iKrave Vending, came up with the idea for her vending machine business after realizing the lack of consultants that specialized in vending machine operations. After running her own successful vending machine business for a year, she created online training courses to help others achieve success in the industry. With her courses, Lakinya aims to eliminate obstacles and guide aspiring entrepreneurs towards financial security in the billion-dollar vending machine industry.
How much money it makes: $360K/year
How much did it cost to start: $2K
How many people on the team: 1
iKrave Vending founder Lakinya started her vending machine business after observing the lack of consultants who specialize in vending machine operations, and now offers online training courses and mentoring to help others achieve success in the billion-dollar industry.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
