Vending Machine Installation Business Success Stories [2024]
Tired of the conventional 9-to-5 grind? Consider launching a vending machine installation business.
In simple terms, you’ll install and manage vending machines in high-traffic areas like offices, schools, and public facilities. The core of your business involves researching prime locations, securing permits, and negotiating contracts with property owners.
Imagine earning passive income while maintaining a scalable operation with minimal overhead. Each machine represents a consistent revenue stream—all you need to do is restock and maintain them regularly. To get started, you’ll need basic vending machines, a reliable supply chain, and initial capital investment. This is not a set-and-forget venture; it requires ongoing attention to machine performance and product choices.
However, the effort can pay off significantly in the long run. With the right approach, your vending machine business can expand rapidly, offering both flexibility and financial stability.
In this list, you'll find real-world vending machine installation business success stories and very profitable examples of starting a vending machine installation business that makes money.
1. 365 Retail Markets ($86.4M/year)
Joe Hessling, the founder of 365 Retail Markets, came up with the idea for his business after realizing the potential of self-checkout convenience. Starting with one MicroMarket, he turned it into 29,000 worldwide, generating $72 million in revenue in 2019. Hessling's previous experience in the food business and understanding of the blue-collar workforce played a crucial role in the success of his innovative concept.
How much money it makes: $86.4M/year
How many people on the team: 239
365 Retail Markets, founded by Joe Hessling, started with one MicroMarket and turned it into a global industry leader with 29,000 locations worldwide, generating revenue of $72 million in 2019 by offering grab-n-go convenience through self-checkout kiosks and healthy snacks.
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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.
