This 31-Year-Old Turned His Side Hustle Into a $300,000 Vending Machine Business: ‘I Work Just 4 Hours a Week Now'

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Marcus Gram, 31, made $5,000 the first year from his vending machine side hustle. Now he’s on track to make $500,000 in sales by the end of 2022 — and works just four hours a week. Here’s his best business advice.

are all reliable manufacturers. Look to see if there are vending machine warehouses in your city, and on platforms like Craigslist, Facebook Marketplace and eBay.

If you only have room for one machine in a given location, I recommend going with the Crane National 449 Combo Machine, which includes both snacks and beverages. A refurbished machine goes for about $3,500, and a new one can cost up to $7,000.Location is everything. I'm always thinking about places that have a lot of foot traffic. Apartment complexes, hotels, student housing areas and warehouses with a lot of employees are all great options.

A lot of people think there isn't any branding or customer service involved in this business since the machines operate on their own. But that's not the case. When starting out, I spent $30 on a company polo shirt that I always wore, and invested $20 in business cards. I paid for a website and had a business proposal ready at all times in case there was a machine placement opportunity.Some of my best-selling items are Coca-Cola, Red Bull, peanut M&M's, Doritos Nacho Cheese and Lipton iced tea. I usually get them in bulk from wholesalers like Sam's Club, BJ's and Costco.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I ain’t really all about snacks though.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as CTOCrypto investment-product firm 21company_ hired a former Goldman Sachs engineer as its CTO. mikeybellusci reports 21company_ mikeybellusci Insane ! 🔥 I wish I fouund this way beforre 21company_ mikeybellusci $LAIKA is about to launch it's first utility... Make sure to check it out! It's pumping again... Being audited by Solidproof! 21company_ mikeybellusci incrypted кошелекронин axieinfinityразбор axieinfinityокупаемость cagyjan earnmoneyplayinggames bitcoingame кошелекronin игровыережимыaxieinfinity
Source: CoinDesk - 🏆 291. / 63 Read more »