🏧 Should you ever consider buying a Vending Machine Business?

Hello to business buyers ready for your weekly bite-sized peek at businesses you could own?

Think of it as window shopping for your future empire! 🛒

Don't forget to circle the date for next week's 'Entrepreneurship Through Acquisition' event. It's like a cheat code for learning about acquisitions and meeting other similar people.

And lastly, check out your ultimate how-to guide for buying a vending machine business. Imagine being the King or Queen of Snacks—yeah, it's that cool! 🍫👑

This week we had 229 new businesses listed.

So today we break down:

• Should you ever consider buying a Vending Machine business?

• Join us at the Entrepreneurship through Acquisition event next week?

• Plus the 7 most interesting new businesses this week 👇

7 Most Interesting Business For Sale this Week:

Want to be featured next week as a Buyer wanting to buy a business?
Reply to let me know what you are looking for and your budget to get a chance to be featured.

Should you buy a Vending Machine Business?

Imagine having your own mini-store that's open 24/7 and doesn't even need a cashier.

Along with Laundromats, Vending Machine Businesses are often held up as the perfect example of a passive income business.

But how passive is the income of a vending machine business? And how profitable can they be?

Stick around, and we'll walk you through all the possible reasons you might want to snag one for yourself.

What are the advantages of buying a Vending Machine Business?

It's got some pretty awesome perks that you might find super appealing. Let's break them down, shall we?

• Budget-Friendly Start: Vending machines won't break the bank. They usually have lower upfront costs compared to other business ventures.

• Growth Friendly: You can kick things off with just a machine or two and expand as you start rolling in those dollars (or perhaps digital payments these days).

• Fairly Simple Operations: Managing one vending machine is as straightforward as it gets. Just keep it stocked and collect your earnings. It gets more complex as you scale but the logistics are the same.

• Solo Act: Many of these businesses can be a one-person show. Say goodbye to payroll headaches!

• Earn on Autopilot: Once your machine is up and running, it's like a little robot that makes money for you 24/7.

• Always Open: These machines don't sleep, giving you a chance to earn round-the-clock.

• Choose your Location: From schools and offices to airports and hospitals, these machines can go almost anywhere.

• Move It As You Like: Not making enough where you are? No worries, just move your vending machine somewhere else!

• Low Maintenance: After stocking up, you just have a few bills for things like electricity and maybe some minor repairs.

• Instant Earnings: Whether it's coins, notes or digital payments, you get your money right then and there.

• Quick Payback: If you pick a bustling spot, you can make back your investment in no time.

• Be Your Own Boss: You can run this business part-time or as a fun project on the side.

• Family Affair: Get the kiddos involved! It's a great way to teach them the basics of running a business.

• Tailor-Made Choices: Adapt your offerings to specific markets, like stocking up on healthy snacks or luxury items.

• High-Tech Goodies: Newer models come with touch screens, credit card readers, and even remote monitoring.

• Multiple Baskets for Your Eggs: Diversify your income by placing machines at different locations.

• Tax Benefits: You could potentially write off the depreciation on your vending machines, giving you some tax advantages.

Sure, every business has its challenges—like finding the best spots and keeping up with maintenance. But the upsides of a vending machine business make it an attractive option for a lot of business buyers.

What is the business really like from people that own one?

Jason from SBO Financial recently checked out a vending machine business that was making $148k in profit and was up for grabs at a 3.8 times profit multiple. Pretty neat, huh?

Jason points out that an average vending machine can pocket you around $5-6k AUD in profit. The best part? Modern machines even come with snazzy software that shows you how much you're making and what's left in stock—all in real time!

But guess what? Jason decided to pass on this opportunity.

Why? Well, it turns out that where you place these vending machines really matters.

You've got to actually be there, scout locations, and chat with landlords to make sure you get the primo spots. Just something to think about if you're considering jumping in.

You can read his full report on the business he looked at here.

Another story that might be of interest is Ujwal, who bought a vending machine empire in the US with thousands of machines and 7 figures of profit.

This is the story of how he bought it and what it does today:

What other types of vending machines are there? From snacks to photo booths, ATMs to cars??

What prices do vending machine businesses typically go for?

There are lots of franchised vending machine businesses. Should I buy a franchise or go independent?

Once you found a vending machine business you like, what questions should you ask?

Business For Sale around Australia

Ever dreamt of buying your own business but wish you knew more people that are on the same journey?

Get your tickets for the ETA Forum in Sydney on 10/11 September.

Deep Dive classes on Entrepreneurship through Acquisition - specifically designed to accelerate your EtA journey

Plus a full day of networking, keynotes and fireside chats.

I went to this event last year and it’s great to see so many people interested in buying Businesses in Australia.

I can vouch for the really interesting mix of business buyers and investors that you can meet.

Till next Tuesday!
Sam from Business For Sale

PS. Do you own a vending machine business or want to buy one? Reply to let me know, I would love to learn more.