<![CDATA[Vending mahcines.]]>Im debating on buying one and setting it up somewhere...has anyone ever done that before? My dad has and he says they pretty much pay for themselves once you get them in the right spot (where the money is) and is great extra money. any ideas on where to throw it? thinking about a pop machine, or a gumball machine.

]]>https://fargostreet.com/topic/19693/vending-mahcines.RSS for NodeWed, 27 May 2026 22:39:00 GMTTue, 07 Sep 2010 05:40:41 GMT60<![CDATA[Reply to Vending mahcines. on Thu, 02 Dec 2010 13:44:59 GMT]]>Try doing what was done in the 80's, talk with apartment buildings about putting one or maybe 2 machines in common areas. Some apartments still have them not many though. I know there are times where I'd rather walk one or two flights of stairs to grab one coke for the night vs. going to walmart or gas station that night, or if it was a good price i'd grab one every morning on my way out the door to work. I know some businesses that go with pepsi get the machine for free but have to buy pop from them for way too much and they get a % of sales also. That was how it was for my sister at her business. Coke I think you buy the machine but they sell cheaper to you and you have a better ability to sell the product most of the time. Coke is also very picky and does routine maintenance and check ups with anything that sells their brand. Ever notice you go to a place to eat and they have pepsi and it can be good or watered down or way too much syrup yet you go to a place to get a coke and it tastes darn near the same each time?

]]>https://fargostreet.com/post/305693https://fargostreet.com/post/305693Thu, 02 Dec 2010 13:44:59 GMT<![CDATA[Reply to Vending mahcines. on Sun, 12 Sep 2010 18:31:10 GMT]]>

StangerBanger96;315643 wrote:
Nobody would sell a business for $10k if they were making $3k a month profit from that business. If they were making $3k in revenue and spending near that amount in product/maintenance/etc then I could see it happening, but not if that is profit. Last I heard the general rule of thumb for selling a business was to put it up for 2 years gross revenue.

definately not true....if that were the case my dad would have sold his bar for $1mil+ and he was only asking a quarter of that.

]]>https://fargostreet.com/post/303942https://fargostreet.com/post/303942Sun, 12 Sep 2010 18:31:10 GMT<![CDATA[Reply to Vending mahcines. on Sun, 12 Sep 2010 18:13:19 GMT]]>

StangerBanger96;315643 wrote:
Nobody would sell a business for $10k if they were making $3k a month profit from that business. If they were making $3k in revenue and spending near that amount in product/maintenance/etc then I could see it happening, but not if that is profit. Last I heard the general rule of thumb for selling a business was to put it up for 2 years gross revenue.

That's not true.

What they don't tell you, is how much of a time commitment it is. If it takes you nearly a full time job's worth of work to operate, and you only make $3k I could easily see selling it.

]]>https://fargostreet.com/post/303941https://fargostreet.com/post/303941Sun, 12 Sep 2010 18:13:19 GMT<![CDATA[Reply to Vending mahcines. on Sun, 12 Sep 2010 15:36:06 GMT]]>Nobody would sell a business for $10k if they were making $3k a month profit from that business. If they were making $3k in revenue and spending near that amount in product/maintenance/etc then I could see it happening, but not if that is profit. Last I heard the general rule of thumb for selling a business was to put it up for 2 years gross revenue.

]]>https://fargostreet.com/post/303939https://fargostreet.com/post/303939Sun, 12 Sep 2010 15:36:06 GMT<![CDATA[Reply to Vending mahcines. on Sun, 12 Sep 2010 04:07:55 GMT]]>there was a vending machine business for sale a while ago in the forum it was $10k and make over $3k/month or something like that. Included like 10 places (guessing pop and candy at each) with inventory. I would look for something like that. Such an easy job IMO. It would be a great buy for a high school kid. You buy it and make your kid run it and pay you untill you get your investment back then give it to them to either keep and pay someone to run when they leave for school or sell it or whatever. Good luck with your idea.

]]>https://fargostreet.com/post/303934https://fargostreet.com/post/303934Sun, 12 Sep 2010 04:07:55 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 20:21:11 GMT]]>

PSiedTSi;315606 wrote:
I'm sure he'll buy the machine on craigslist, find a place to put it, then call the guy he bought it from to get his money back because "it wasn't meant to be"

He'll need to have the guy clean it up, fix it up, and deliver it, before he makes the guy pick it up and give his money back, right??

]]>https://fargostreet.com/post/303906https://fargostreet.com/post/303906Wed, 08 Sep 2010 20:21:11 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 20:04:14 GMT]]>

PSiedTSi;315606 wrote:
I'm sure he'll buy the machine on craigslist, find a place to put it, then call the guy he bought it from to get his money back because "it wasn't meant to be"

hopefully he doesnt buy it from the second craigslist killer....

]]>https://fargostreet.com/post/303903https://fargostreet.com/post/303903Wed, 08 Sep 2010 20:04:14 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 20:01:29 GMT]]>

DelSlow;315605 wrote:
I agree, but either way John...we all know this is never going to happen.

I'm sure he'll buy the machine on craigslist, find a place to put it, then call the guy he bought it from to get his money back because "it wasn't meant to be"

]]>https://fargostreet.com/post/303902https://fargostreet.com/post/303902Wed, 08 Sep 2010 20:01:29 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 18:51:48 GMT]]>

RidinRails;315602 wrote:
I dont see how wasting $500 on a vending machine and hoping to make a buck would be any fun....but whatever makes you happy i guess!

I agree, but either way John...we all know this is never going to happen.

]]>https://fargostreet.com/post/303901https://fargostreet.com/post/303901Wed, 08 Sep 2010 18:51:48 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 17:36:22 GMT]]>I dont see how wasting $500 on a vending machine and hoping to make a buck would be any fun....but whatever makes you happy i guess!

]]>https://fargostreet.com/post/303898https://fargostreet.com/post/303898Wed, 08 Sep 2010 17:36:22 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 15:51:24 GMT]]>bear

]]>https://fargostreet.com/post/303892https://fargostreet.com/post/303892Wed, 08 Sep 2010 15:51:24 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 13:54:07 GMT]]>wolf

]]>https://fargostreet.com/post/303887https://fargostreet.com/post/303887Wed, 08 Sep 2010 13:54:07 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 04:38:38 GMT]]>

inspector01;315562 wrote:
Learn basic math and reading and writing before you try to start your own business. Your writing sucks, and your math doesn't add up at all.

Why are you asking for advice on FS where probably no one has experience, when your dad has experience with it??

RidinRails;315567 wrote:
LOL, Love this....$180 at 18% is $18? WOW....you better not quit your dayjob for this plan!
The only way people with vending businesses make money is to have SEVERAL machines...meaning like 15+ machines.

lol, whoops...wasnt thinking when I typed that, I want to find a place to put it and then go and buy one. Im not looking to make a career out of vending machines haha, just a little extra cash, nothing really big. Something fun to do with a reward is all.

]]>https://fargostreet.com/post/303881https://fargostreet.com/post/303881Wed, 08 Sep 2010 04:38:38 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 04:30:50 GMT]]>

ichibankilla;315566 wrote:
maybe he'll let you put out in front of the shop.

Not likely... I hear there are laws against such things.

]]>https://fargostreet.com/post/303880https://fargostreet.com/post/303880Wed, 08 Sep 2010 04:30:50 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 00:33:19 GMT]]>http://www.legis.nd.gov/cencode/t261c28.pdf

]]>https://fargostreet.com/post/303871https://fargostreet.com/post/303871Wed, 08 Sep 2010 00:33:19 GMT<![CDATA[Reply to Vending mahcines. on Wed, 08 Sep 2010 00:32:51 GMT]]>

PSiedTSi;315563 wrote:
You likely need a sales tax ID...which requires an LLC or similar as far as I know. This will be treated like a business, so you probably need ALL the necessary business paper work. Go to the ND site and check out what you need.

BTW, I bet you can do better than .44 a can with a tax ID for wholesale accounts...

You can apply for a tax id number without being an llc.

You prob need some state license to become a vendor though.

]]>https://fargostreet.com/post/303870https://fargostreet.com/post/303870Wed, 08 Sep 2010 00:32:51 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 22:01:52 GMT]]>

JN210;315561 wrote:
I dont believe I need a license for a pop vending machine, or even a gumball machine, my dad did have his own windshield repair business so maybe you are right, and a good vending machine on craigslist cost anywhere from 200 - 500 so I could afford it, and I know where I could get pop for .44 cents. (12oz can), as for the buisness owners place I would put it in, my dad was saying that he would give them 18% of the profit, so say id make 180, thats a 18 dollar check for them, or I could give them a 150 check every other month or something.

lol wut?

Get your education!! Focus on the chick not the egg, if you know what I mean (Think hard, real hard).

If you strive for that kind of money the rest of your life... you might have your "Dream car" circa 50 years after your death.

]]>https://fargostreet.com/post/303866https://fargostreet.com/post/303866Tue, 07 Sep 2010 22:01:52 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 21:57:46 GMT]]>

JN210;315561 wrote:
I dont believe I need a license for a pop vending machine, or even a gumball machine, my dad did have his own windshield repair business so maybe you are right, and a good vending machine on craigslist cost anywhere from 200 - 500 so I could afford it, and I know where I could get pop for .44 cents. (12oz can), as for the buisness owners place I would put it in, my dad was saying that he would give them 18% of the profit, so say id make 180, thats a 18 dollar check for them, or I could give them a 150 check every other month or something.

LOL, Love this....$180 at 18% is $18? WOW....you better not quit your dayjob for this plan!
The only way people with vending businesses make money is to have SEVERAL machines...meaning like 15+ machines.

]]>https://fargostreet.com/post/303865https://fargostreet.com/post/303865Tue, 07 Sep 2010 21:57:46 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 21:37:28 GMT]]>Here ya go, it's a start.
http://fargo.craigslist.org/for/1941152121.html
Talk to Shane, maybe he'll let you put out in front of the shop. With all the people at TM on the weekends it should pay off pretty quick. 🙂

]]>https://fargostreet.com/post/303864https://fargostreet.com/post/303864Tue, 07 Sep 2010 21:37:28 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 18:33:27 GMT]]>

JN210;315561 wrote:
I dont believe I need a license for a pop vending machine, or even a gumball machine, my dad did have his own windshield repair business so maybe you are right, and a good vending machine on craigslist cost anywhere from 200 - 500 so I could afford it, and I know where I could get pop for .44 cents. (12oz can), as for the buisness owners place I would put it in, my dad was saying that he would give them 18% of the profit, so say id make 180, thats a 18 dollar check for them, or I could give them a 150 check every other month or something.

Learn basic math and reading and writing before you try to start your own business. Your writing sucks, and your math doesn't add up at all.

Why are you asking for advice on FS where probably no one has experience, when your dad has experience with it??

]]>https://fargostreet.com/post/303861https://fargostreet.com/post/303861Tue, 07 Sep 2010 18:33:27 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 17:43:18 GMT]]>I dont believe I need a license for a pop vending machine, or even a gumball machine, my dad did have his own windshield repair business so maybe you are right, and a good vending machine on craigslist cost anywhere from 200 - 500 so I could afford it, and I know where I could get pop for .44 cents. (12oz can), as for the buisness owners place I would put it in, my dad was saying that he would give them 18% of the profit, so say id make 180, thats a 18 dollar check for them, or I could give them a 150 check every other month or something.

]]>https://fargostreet.com/post/303860https://fargostreet.com/post/303860Tue, 07 Sep 2010 17:43:18 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 06:12:19 GMT]]>Say on average a nice new or newer machine costs $4,000. 20 oz soda at whole sale cost is .97- .98 cents. Say your machine gets 30 vends a day. Charging $1.50 per bottle you will barely make your $4k back in a year. No business owner will let you put in a machine without a cut of the profit, so you have to factor that in as well. After a year it's not so bad, low maintenance and product is cheap.

]]>https://fargostreet.com/post/303852https://fargostreet.com/post/303852Tue, 07 Sep 2010 06:12:19 GMT<![CDATA[Reply to Vending mahcines. on Tue, 07 Sep 2010 06:00:58 GMT]]>

JN210;315546 wrote:
Im debating on buying one and setting it up somewhere...has anyone ever done that before? My dad has and he says they pretty much pay for themselves once you get them in the right spot (where the money is) and is great extra money. any ideas on where to throw it? thinking about a pop machine, or a gumball machine.

Are you licensed and insured?

]]>https://fargostreet.com/post/303851https://fargostreet.com/post/303851Tue, 07 Sep 2010 06:00:58 GMT