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Gumball Machines - Rising By the Ranks
Gumball machines are a great way to get started in the vending machine business. Gumball machines are low cost vending machines and it doesn't cost a lot of money to buy the gumballs and candy that you need to restock your gumball machines. You can start out with a small machine that sits on a countertop. You do have to be prepared for refusals when you approach a business owner for permission to place the gumball vending machine on his/her premises, but most times they will agree. You will have to pay out a percentage of your vending machine sales as a commission, but the rate of return is really high on gumball machines.
There are several types of gumball vending machines that you can buy. If you want to purchase new gumball machines, you will be able to find a large variety of styles and price ranges by doing a simple online search. In addition to the countertop candy gumball vending machines, you can purchase machines that stand on the floor. There are spiral designs and designs that have several different vending machines in one, thus helping you to increase your sales. The type of gumball or candy vending machine you buy depends on how much you want to invest to get started with your vending machine business.
Where do you put your gumball machines?
When you place the gumball machines in a business location, you do have to make sure that they are visible. The best place is in the entranceway or at the front of the store. Business owners realize that the commission they make from having a candy gumball vending machine on the premises does not cut into their profits because thy are making money with no investment on their part. The usual cost for candy or gumballs from these machines is 25 cents, which really appeals to children.
You do have to factor in the cost of the gumball vending machines when you are determining how much profit you can make with such a business. How much you earn depends on how much you sell, but simple Mathematics will let you see at a glance how profitable these gumball machines can be. A bag of gumballs costs about for 1000 and when they are all sold in a month you have 0.00 in sales. Allow 40% for the store owners commission and you still have 0 for yourself. Even if you pay 0 for the gumball machine, you will have the machine paid for in two months leaving you all the rest of the sales as profit for you.
Depending on where you place the gumball machines, you may have to restock them twice a month or even once a week. Just by doing the simple calculations, you can easily see where gumball vending machines can be very profitable. If you just start out with one machine and then expand as you recoup the costs, you will be well on your way to have a successful vending machine business. It only takes a few minutes to unload the coins from each machine and restock the candy and gumballs, so you can easily service all your gumball machines in one day.
Visit Pure Drinks Systems' Website (http://www.puredrinkssystems.co.uk) or call 020 8401 6730 to get information on starting a vending machine business and compare all five kinds of vending machines on the market.
About the Author: I've been working in the Vending business for over 10 years. I'm very easy to talk to and will always help you in what you need. I'm dedicated to providing the best hot drinks solutions for businesses, offices, shops and the hospitality industry.