You can keep your vending machine start-up cost under $4,000 if you do it right. If you want to start with as little capital as possible, we suggest buying a refurbished machine from a second-hand website like craiglist. They might need some love, but you can find machines under $2,000 if you look hard enough.
Buying Your Vending Machine
When calculating your start-up cost, the largest expense you will have will be the purchase of your vending machine. Depending on the model and it’s use, they’ll range from as low as $500 to over $5,000 for brand name machines. Ultimately, it’s up to you to decide how much time and effort you’re willing to invest in repairing an old machine.
If you decide to purchase a refurbished vending machine, we suggest looking at the cost of spare parts. After you have an idea of this additional expense, you’ll be better equipped to negotiate with the 3rd party seller.
Transporting
If you lack a truck to transport your vending machine, you’ll be spending $250 – $750 to transport the machine to its end location. We suggest using local moving services, since traditional trucking services require your machine to be on a pallet. The average rate for moving services is $250 an hour.
Stocking Your Vending Machine
On average, it costs $200–$800 to fill a vending machine, but this varies based on the machine model. For example, the smallest model, a 23-snack machine with 360 slots, costs around $150 to stock fully and is ideal for lower-traffic areas. A more common model, with 32 snack options and 474 slots, would cost $237 to fill if each snack costs $0.50. Selling the entire stock at $2.50 per item could bring a profit of $855. Larger machines, like a 56-snack model with 738 slots, cost about $369 to fully stock. Typically, after the initial setup, you’ll only restock items as needed to keep the machine full.