Contact us today 1300 308 363 | Email: sales@autovending.com.au
Vending Machine Specialists
Vending with Intelligent Retailers
Call us today 1300 308 363
No Result
View All Result
No Result
View All Result

Investing in a Vending Machine Business

We will help and guide you!

At Automatic Vending Specialists, we understand that investors new to the industry need much more help and nurturing than experienced operators. We are uniquely placed to help you get to where you want to go because we have been in your shoes. We have experience with all the issues that you may face and are here to help you on your journey. 

Vending, like all businesses, takes hard work and capital to be successful. Essentially, vending machine businesses are retailers, and a number of key factors will dictate whether you are successful or not. We can help you:

1
Location, Location, Location

Where will you locate your retail outlet (vending machine)? If the location has good passing traffic or is accessible by many staff (of the lessee/of nearby businesses?), the likelihood of your outlet being successful is increased.

2
Security of tenure

Where will you locate your retail outlet (vending machine)? If the location has good passing traffic or is accessible by many staff (of the lessee/of nearby businesses?), the likelihood of your outlet being successful is increased.

3
Quality of equipment

Does the quality of the equipment you offer meet the expectations of your location? While you can install older machines in smaller locations, busy, high-turnover locations require the best you can offer. If you don’t offer the best equipment, your competitor will.

4
Will you run promotions?

Statistics show that vending machine business that run promotions sell considerably more products than other vending machines.

5
How will the consumer pay?

Will you offer credit card facilities and tap and go?

6
What products will you offer in the machine?

Good retailers ensure that they tailor their product range to their customers’ needs.

7
How will you replenish?

Where will you store your inventory? How will you transport the product, especially in summer? How often will you replenish the machines? These are all steps you need to consider in order to ensure you are efficient at operating your business.

8
How will you replace locations that do not work?

Unlike bricks and mortar retailers, vending machines can easily be picked up and moved to another location if the current location is not viable. Who will find new sites to replace poor sites?

9
How will you repair your machines when they break down?

As a retailer, you make money selling products. How quickly will you respond to machine breakdowns?

10
How well capitalised is your business?

Do you have the capital/borrowings in place to operate and grow your business. Many businesses fail, not because they don’t make good sales, but rather because they are not adequately capitalised.

Contact us today

Let AVS provide you with a market-leading, quality vending machine that’s affordable, efficient and easy to manage.

Call 1300 308 363

Contact us today
No Result
View All Result

© 2021 Automatic Vending Specialists - Vending Machine Specialists