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Get Ready For The Vending Business

Vending machines have proven to be a popular venture project for many people out in the market. This is because the business itself is low cost and need minimal maintenance. If you are thinking about starting a vending business, think about these three questions to aid in your decision making.

Choosing the Right Vending Operator

Different vending machine operators have different rules. Some work as a franchise while other provide an easy business opportunity. The most important thing is to do your research and find out what is the best fit for your business ideals and perhaps your personality as well. Although you will be your own boss, how successful the vending operator is can also determine your success.

Investing in Supplies

For a vending business, your food supplies are the most crucial. Vending owners need to decide if they want to provide healthy snacks, delicious snacks, entrees, drinks or even the simple gumballs. There are a large range of products you can be selling. Each of them can further produce different results in different locations, depending on the market.

Identifying Potential Locations

Everyone wants to place their machines in high traffic locations. However, this can also be highly competitive. We suggest identifying a few target markets and study them. Find out where these people usually head to. Understand the times they usually head out to purchase food and drinks. When you conduct further primary research, this will help you identify the best locations.

Being your own boss can be challenging with lots of things to think through. However, the vending machine business can free up large amount of your time to help you lead a life you always wanted.

Step By Step On Moving A Vending Machine

Moving_Vending_MachineHere are the step by step basic rules that anyone can apply when moving a vending machine!  It is best to have 2 or more people do this job to keep things simple and injury free.

  • Empty the vending machine.

Always empty the vending machine before you plan to move it.  Take out all of the snacks, drinks, and change from the machine.  You do not want them to get disorganized and potentially break and make a huge mess!  Taking the extra few minutes to do this will save you from cleaning up a broken can of spilled beverage everywhere!

  • Measure doorways and hallways

Make sure your vending machine will fit through any doors and hallways that you are planning to go through.  You may have to take off some doors to go through them.  If you do, make sure you bring the proper tools to pop those doors easily.  Doing this will make sure you do not damage any areas with your vending machine.

  • Tie up the power chords

Tie the power chords of the vending machine with regular plastic twist ties.  You do not want to accidentally run the chords over with your dolly or step on them and potentially fall.  Take the time to wind them up neatly so they are out of the way.

  • Have a furniture dolly

furniture dollyIf you have a regular dolly, you can go ahead and use it to move your vending machine.  But you will also need a moving blanket and a strap to tie the vending machine to the dolly.  Using a furniture dolly is the easiest way because it has 4 wheels and the vending machine can be placed on it without the potential of tipping in a direction that you do not want it to go.  Once you have the vending machine securely on a furniture dolly, you can literally wheel it anywhere you want it to go.

  • Wipe down machine

Make sure you wipe down your vending machine once you place it in it’s new home location.  Wipe away hand prints and any dirt or debris that may have landed on your vending machine.  Make it look new and fresh and it will be ready to serve it’s new customers.

  • Refill machine

securedownload_3Refill your vending machine with fresh snacks and drinks.  Make sure all of the prices coordinate with the items and make any changes if necessary.  Fill the coin changer (if applicable) with change so the vending machine is ready to operate.

  • You are ready for business!

How To Get Financing For Vending Machines

cash images (2)Financing programs commonly used for people who are interested in purchasing multiple vending machines.  Some of those folks are vendors who are already in the business looking to expand; or they are individuals looking to run a small route in their area to supplement existing income.  Vending is such a easy business to get into that many people look for this opportunity.

First, you will need some funds for down payment.  Whether you are financing 5 or 50 vending machines, you will need to allocate some funds for down payment.  Most financing companies will require a down payment for your loan.  It is very standard practice and the amount depends on the number of machines you are financing and also your personal credit score.  Most financing companies will not finance a loan of less than 5 vending machines.

Second, you will need to figure out how much capital is necessary.  You will have to calculate the type of machines you are looking to purchase.  Don’t forget to calculate costs for sales tax, shipping and freight charges, and product supply purchase.  Take a look at some of the varieties here and decide what types will work best for you.  You can finance both new and used vending machines.

Last, take a look at your credit score.  Order your credit reports and make sure you do not have active delinquencies on there.  No finance company will approve someone with open delinquencies!  Take care of your credit!

You can contact Piranha Vending and we will help you go through the entire process!  You can also go here and apply for financing online.  We will contact you and discuss your individual needs and help you get the funding that you need!

New Technology In Vending Machines Will Display Nutrition Facts For Consumers


vendscreen

There is a new craze on being health conscious.  Consumers that use vending machines are also becoming more health conscious.  New Technology available on the market will help consumers make better health decisions when purchasing from a vending machine.  These digital screens will hold a database of nutrition facts on the products that you will offer in the vending machine.  When a consumer goes up to a vending machine, he or she will be able to make a healthier choice by reading the nutrition facts.  You can find out more about how to get this technology on a vending machine by calling Piranha for more information.

As a vendor, this technology is just another great tool to help the consumer make a purchase by offering facts on nutrition.   Consumers want to make healthier decisions.  Vendors can now choose from a variety of healthier items to offer in a vending machine.  You can take a look at this wonderful product offered by Piranha Vending and implement this vitamin infused beverage as a part of the healthy item lineup on ANY vending machine.  This tool will definitely help continue the sale of healthy items!

If you are interested in more information on how to get this technology onto your current vending machines, or if you are interested in purchasing vending machines that have this capability, give us a CALL and our representatives will help you join the health craze in vending!

 

New ADA Rules on Vendors and Equipment

Vending operators now must comply with changes to the regulations mandated by the Americans with Disabilities Act.  Here are some of the key changes:

*require a forward and side reach range of 48″ maximum and 15″ minimum.

*product must be delivered at a minimum height of 15″ to all users.

The new ADA standards apply to vending equipment that are considered “fixed equipment”.  “Fixed equipment” is defined as being built into the structure of the building, attached to the wall or floor – not freestanding.

Freestanding vending machines do not require these rules, but it still must be accessible to persons with disabilities.  That includes providing an accessible route and clear floor space at installation.

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Contact Us

Piranha, LLC
50601 Central Industrial Drive
Shelby Township, Michigan 48315, USA

Email: info@piranhavending.com

Phone: 800-764-8245 * 586-997-1212

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