Vending Machine Business

Vending Machine Business Success Stories [2024]

•

Updated: October 8th, 2024

Starting a vending machine business in a crowded, busy city is an easy way to make money. Whether you want to run your own business, start a side hustle, or generate an income while at the office, this is the best business.

There are many advantages to starting a vending machine business, such as: low startup costs, simplicity, all cash-based transactions, and flexibility.

Here are the steps on how to start a vending machine business.

Buy a franchise
Find a location
Secure all licenses and contracts

In this list, you'll find real-world vending machine business success stories and very profitable examples of starting a vending machine 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

I Converted My Side Hustle Into A Full-Blown $10K/Month Vending Machine Business

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.

Read this case study

Read by 4,263 founders

More Business Ideas Like This

Credit Mentor

$16.8K/month