Monday, February 12, 2007

Common Questions about the Vending Business

How much money can I make from a vending business?
The success of your vending business will depend on three factors: location, location and location. Having quality vending machines, like those provided by Planet Antares, in the right location will be a winning combo.

Do I have to pay a commission to the location owner?
It all just depends on the approach that you use. If you are only interested in expanding your Planet Antares vending route, it would then be proper to offer them a percentage of the sales. You can offer anything from 15% to 33%, depending on the location. Another approach can be made through charity. There are some charities that can supply you with stickers to place on your vending machines for a monthly fee of about $1 per machine. Some location owners can allow you space in their location, if you are associated with a charitable organization.

Which are the good locations for vending machines?
Generally locations that have high foot traffic would be ideal for all vending machines. Snack and beverage vending machines like those by Planet Antares would be ideal in places like shopping malls, subways, lunchrooms, bowling alleys and companies with more than 50 employees. This is just to name a few.

Do I need a business license or insurance?
Consult with your local licensing department to find out the specific rules and regulations in your state, because they differ from state to state.

How often would I need to service my vending machine?
Servicing vending machines includes collecting money from the vending machines and refilling them. Planet Antares vending machines sell snacks and beverages and when placed in an ideal location, you might be required to service the vending machines once or twice in a week. It all just depends on how fast the products sell. If you have an established route it can take you about 2 - 3 hours a week to service the vending machines.

Can I run a vending business from my home?
Most established vending businesses started running their businesses from home. This is because one usually starts with one or two vending machines, so it only makes sense that you should run your business from home when you have just started out.

How much do vending machines cost?
Snack and beverage vending machines usually cost anything from $2000 to $3000. Buy from manufacturers that are offering you quality vending machines at reasonable rates. Bulk vending machines would cost about $300 - $500.

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