599: Vending Machines: The Path to Your First Passive Profits

The Side Hustle Show

Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?

Then starting a vending machine business may be perfect for you.

The vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.

Profitable vending machines are everywhere — offices, apartment buildings, gyms, airports.

Wherever people gather, there’s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.

And it’s a great market to get into because it’s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.

In this episode, you’ll learn:

• How the vending machine business model works
• The step-by-step process to go from zero to $1,000+ in monthly passive income
• Finding ideal locations and signing contracts
• Buying used machines vs leasing new ones
• Stocking, restocking, and maintenance procedures
• Risks to watch out for and mitigation tactics

Full Show Notes: Vending Machines: The Path to Your First Passive Profits

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