# Vending, good business idea or no? **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [December 1, 2010, 9:21pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838 "2010-12-01T21:21:38Z")\ **Posts on this page:** 20\ **Page:** 4
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [December 2, 2010, 3:24pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/61 "2010-12-02T15:24:33Z")
> [@Halloween Costume, yay or nay?](https://forums.speedlife.net/t/halloween-costume-yay-or-nay/37697/6): > > **if you could make 86k a yr i think everyone would get into the vending business** > > BJ’s sells 24 cans for $32 where could you get them cheaper? > > The vending machines are about $1000 new, thats a very good price actually. In theory it sounds like a good idea, buttttt > > I think you will run into problems actually putting them in the stores, you may know the people there but when the top dickheads roll through on their yearly visits they may not like it, not to mention they want all the profits from the machines, so if they see you making all this money why not just say screw you and do it themsleves and make 100% of the profits Highlighted is absolutely NOT true, The precious metal business that is my main carreer has capabilities to make OVER a million dollars a year PROFIT so why doesnt everyone do THAT? Becuase they dont have the capital too… Theres always reasons why everyone doesnt do shit, ALOT of people dont LIKE to be business owners, they like having a boss and feeling “secure” with there weekly pay check. LOL, I used to work for Bj’s a LONG LONG time ago, they are not REALLY wholesale, they just sell in bulk and slightly reduce the price for buying such large quantity, I have a distributer already where I can get the cans for $1 a peice. The red bull machines are def NOT $1k NEW as I dont think ANY vending machine is “NEW” The main way to be successful in the VENDING business is to have a PRIME location for your vending machine and have good product IN that prime location, not many people have this. Red bull in a GYM is fucking flawless as they go hand in hand with eachother… I could see snickers and m&ms in a gym not doing so well as they are pretty much OPPOSITE but the redbull seems like a legit gig… idk, just brain storming at this point. ---
**Author:** ![OsoiNA6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/osoina6/32/6301_2.png) [@OsoiNA6](https://forums.speedlife.net/u/OsoiNA6)\ **Post date:** [December 2, 2010, 4:20pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/62 "2010-12-02T16:20:35Z")
> [@Jay-Z- American Gangster CD](https://forums.speedlife.net/t/jay-z-american-gangster-cd/37674/7): > > the math so far is horrible… haha. No $hit… Made my head hurt. Things got complicated quick, I was like “yeah buddy go for it” but by page 2 a lemonade stand was starting to look real good again. ---
**Author:** ![AUDI\_JAY](https://avatars.discourse-cdn.com/v4/letter/a/898d66/32.png) [@AUDI\_JAY](https://forums.speedlife.net/u/AUDI_JAY)\ **Post date:** [December 2, 2010, 4:25pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/63 "2010-12-02T16:25:53Z")
Dave I think the main point people are trying to make is it is a great idea. But it’s not gonna be as cut and dry as your making it in all aspects. See below video ---
**Author:** ![Murrdog9000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/murrdog9000/32/6391_2.png) [@Murrdog9000](https://forums.speedlife.net/u/Murrdog9000)\ **Post date:** [December 2, 2010, 4:29pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/64 "2010-12-02T16:29:28Z")
40 x 365= 14,600 just wanted to clarify ---
**Author:** ![LS\_WS.6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ls_ws.6/32/6563_2.png) [@LS\_WS.6](https://forums.speedlife.net/u/LS_WS.6)\ **Post date:** [December 2, 2010, 4:30pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/65 "2010-12-02T16:30:51Z")
alot of gyms and bars dont have redbull machines for a reason, i talked to a local gym owner and a bar owner and they dont want it in their places cause of how wired they can react with ppl. even tho gyms sell other types of energy-fitness drinks, they dont wana concentrate on just redbull alone. but i do agree it would be a great idea if they will take ur offer no doubt! ---
**Author:** ![99FRC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/99frc/32/6335_2.png) [@99FRC](https://forums.speedlife.net/u/99FRC)\ **Post date:** [December 2, 2010, 5:27pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/66 "2010-12-02T17:27:37Z")
There’s more to this than you think bro. Vending machines have been around for how long? If the money was that easy everyone would be doing it and making bank. For a measly $8G start-up you’re telling me you can make literally 10X that in one year?! Not happening. There is more overhead in those machines than you think, including rent, insurance, maintenance, and unless your stocking them yourself, stocking fees. Plus you’re not getting those cans for $1 a piece from any wholesaler that I know. ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [December 2, 2010, 5:38pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/67 "2010-12-02T17:38:48Z")
> [@Murrdog9000"](#): > > 40 x 365= 14,600 > > just wanted to clarify Correct, times 6 machines lol. ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [December 2, 2010, 5:41pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/68 "2010-12-02T17:41:40Z")
> [@woo woooooo.](https://forums.speedlife.net/t/woo-woooooo/37694/14): > > There’s more to this than you think bro. Vending machines have been around for how long? If the money was that easy everyone would be doing it and making bank. > > For a measly $8G start-up you’re telling me you can make literally 10X that in one year?! Not happening. There is more overhead in those machines than you think, including rent, insurance, maintenance, and unless your stocking them yourself, stocking fees. > > Plus you’re not getting those cans for $1 a piece from any wholesaler that I know. Normal venders dont have Prime locations like my idea and to be honest, the gym prolly WONT end up letting me, but if they do/did I WOULD be making bank… Looked into it today and there is no insurance you can get for the machines and I’ve already talked to a redbull distributer and CAN get them for $1 a peice thats why I SAID $1 a peice lol. ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [December 2, 2010, 5:42pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/69 "2010-12-02T17:42:51Z")
> [@WTB oil catch can](https://forums.speedlife.net/t/wtb-oil-catch-can/37597/5): > > alot of gyms and bars dont have redbull machines for a reason, i talked to a local gym owner and a bar owner and they dont want it in their places cause of how wired they can react with ppl. even tho gyms sell other types of energy-fitness drinks, they dont wana concentrate on just redbull alone. but i do agree it would be a great idea if they will take ur offer no doubt! I apprechiate the input and the support! ---
**Author:** ![99FRC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/99frc/32/6335_2.png) [@99FRC](https://forums.speedlife.net/u/99FRC)\ **Post date:** [December 2, 2010, 5:47pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/70 "2010-12-02T17:47:53Z")
> [@woo woooooo.](https://forums.speedlife.net/t/woo-woooooo/37694/16): > > Normal venders dont have Prime locations like my idea and to be honest, the gym prolly WONT end up letting me, but if they do/did I WOULD be making bank… Looked into it today and there is no insurance you can get for the machines and I’ve already talked to a redbull distributer and CAN get them for $1 a peice thats why I SAID $1 a peice lol. Oh well then that is a good start. In terms of insurance, i’m not talking insurance on the machines, im talking liability insurance for the “business”. Someone cuts their hand on the machine or trips, falls, hits their head on it, guess who’s paying their medical bills or more? There are umbrella liability plans out there to cover you in the event something like that happens no matter what the business is. You NEED it before you even think of starting. ---
**Author:** ![Cossey](https://avatars.discourse-cdn.com/v4/letter/c/3ec8ea/32.png) [@Cossey](https://forums.speedlife.net/u/Cossey)\ **Post date:** [December 2, 2010, 5:52pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/71 "2010-12-02T17:52:50Z")
> [@Are you a gearhead? Take the test...](https://forums.speedlife.net/t/are-you-a-gearhead-take-the-test/37585/23): > > Im not sure what your doing? I DID make an error but a small error as I did months instead of days… Regaurdless, if I do it by days the number is actually HIGHER. > > Yes, you are correct, 20 cans a day is $40 profit x 6 machines = $240… $240 x 365 days = $87,600 and thats if I only sell a measily 20 cans a day. IDK if you belong to Planet Fitness but the place is PACKED from 5am to 11pm and even 11pm to 5am there is still traffic. I did however not include the 20% for there fee and I should have Yes. > > BTW, 20% is HUGE, from the research I’ve gathered the normal rate is FREE to 10%, but becuase it is a well established facility I would increase that to 20% > > Last, even if I only made $50k a yr which is no where near what I think I WOULD make thats 60% of the capital regions full time work salary, for me it would just be a side thing… I think $50k translates to almost $1k a week? I’d like to see $4k a week at least but $1k for doing minimal week is ok with me. My bad man, my math was fucked up lol. I got the cans/dollars mixed up and did 20 x 365 and forgot to double it again for the $2/can, not $1/can. But, I did tell you your merchandise expense if you can get the cans for $1/can lol. ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [December 2, 2010, 5:54pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/72 "2010-12-02T17:54:02Z")
I love a sucessful vending idea…but research it solidly… google : Jack Baumann and / or Creative Concepts Vending for fun… also [http://www.ripoffreport.com/Search/redbull.aspx](http://www.ripoffreport.com/Search/redbull.aspx) And what size cans for $1 ? This is important. That said, I am all for you moving forward. You cant hit the hoop if ya dont take enough shots. ---
**Author:** ![OsoiNA6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/osoina6/32/6301_2.png) [@OsoiNA6](https://forums.speedlife.net/u/OsoiNA6)\ **Post date:** [December 2, 2010, 6:33pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/73 "2010-12-02T18:33:50Z")
> [@"Winter Wonderland" - from the dude who does the Sexy Costume Warehouse commercial](https://forums.speedlife.net/t/winter-wonderland-from-the-dude-who-does-the-sexy-costume-warehouse-commercial/37693/7): > > That said, I am all for you moving forward. You cant hit the hoop if ya dont take enough shots. I think we all want him to succeed. But looking at the initial numbers and business plan, he’s taking a single shot at the foul line and looking to go nothing but net. At the opposing hoop- thrown backwards and between the legs. ---
**Author:** ![Leonidas](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/leonidas/32/6670_2.png) [@Leonidas](https://forums.speedlife.net/u/Leonidas)\ **Post date:** [December 2, 2010, 6:55pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/74 "2010-12-02T18:55:23Z")
I’m going to put a vending machine in the williams parking lot of hvcc and sell nothing but straight-through mufflers and HID’s. ---
**Author:** ![iamderrik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iamderrik/32/6634_2.png) [@iamderrik](https://forums.speedlife.net/u/iamderrik)\ **Post date:** [December 2, 2010, 6:58pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/75 "2010-12-02T18:58:13Z")
Do it. Id like to see how it turns out, im amazed on how many kids i see at PF drinking energy drinks, i stick with water myself. ---
**Author:** ![PJB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pjb/32/6389_2.png) [@PJB](https://forums.speedlife.net/u/PJB)\ **Post date:** [December 2, 2010, 7:00pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/76 "2010-12-02T19:00:36Z")
I buy energy drinks at Dollar Tree all the time. Im sure you could buy a ton of them and sell them for $2 each and pickup a few used soda machines on craigslist or get them at an auction from a place going out of business. Theres some potential there I suppose but like previously mentioned you need to work out some of the details first like renting space/sales cut, distribution, stocking, etc. ---
**Author:** ![toomanycamaros](https://avatars.discourse-cdn.com/v4/letter/t/7993a0/32.png) [@toomanycamaros](https://forums.speedlife.net/u/toomanycamaros)\ **Post date:** [December 2, 2010, 7:05pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/77 "2010-12-02T19:05:47Z")
Your idea could potentially be very successful if A.) You have the time with your other business to do the restocking yourself B.) You can get a good location like your talking about at a good price. You might have better luck trying to work something out with a mom and pop type gym where the owners make the decission about whether or not you can put your machines in. ---
**Author:** ![94Gt5.0](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/94gt5.0/32/6377_2.png) [@94Gt5.0](https://forums.speedlife.net/u/94Gt5.0)\ **Post date:** [December 2, 2010, 7:12pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/78 "2010-12-02T19:12:13Z")
To be honest, a redbull is the LAST thing that I would buy before working out. Shit, Id buy a muscle milk before a redbull for a pre-workout drink. ---
**Author:** ![PJB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pjb/32/6389_2.png) [@PJB](https://forums.speedlife.net/u/PJB)\ **Post date:** [December 2, 2010, 7:14pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/79 "2010-12-02T19:14:08Z")
I always drink an energy drink on the way to the gym. It seems to work for me and I need something to give me energy since I go right after work and Im usually half beat at that point. ---
**Author:** ![Leonidas](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/leonidas/32/6670_2.png) [@Leonidas](https://forums.speedlife.net/u/Leonidas)\ **Post date:** [December 2, 2010, 7:18pm UTC](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838/80 "2010-12-02T19:18:57Z")
Just take 2000mg worth of b-vitamins and eat a pound of sugar and you’ll feel the same effect. [Previous page](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838.md?page=3) [Next page](https://forums.speedlife.net/t/vending-good-business-idea-or-no/255838.md?page=5)