What’s the ROI on a vending machine?
For Jaime Ibanez, it’s through the roof.
Tomorrow, I’ll show you his monthly revenue, ROI, and how he’s scaling a business that most people underestimate.
Don’t miss this breakdown. 👇
Big win in the Vending Machine LaunchPad community! 🚀
One of our members just installed two vending machines at a school with a great product lineup.
Expecting $1,250 per month!
We’re just getting started 🔥
I installed a new vending machine location yesterday!
Was a bit worried since employees are only required to come in 3 days a week, but it's already proving me wrong.
At this rate, it should bring in around $1200-1500/month—solid return on a $5K investment.
Not bad at all! #VendingBusiness
I grew my vending business to 6 figures in the first year—and now, I’m just a quarter away from hitting 7 figures.
Since I started at 18, I've been seen as the "underdog," but I will outwork anyone to make sure I'm the biggest in my city.
Just checked out this smart cooler by @cantaloupeinc_ at a convention – it’s a game changer.
Keeps track of inventory, can sell a variety of items, and is secure. 💡
#VendingMachine#SmartCooler
5/5
Underestimating Maintenance: Machines break down, and products run out. Stay on top of maintenance and restocking to keep your locations happy and your machines running smoothly. 🛠️
@jmoder From my experience around 25% own their own machines!
It makes sense that most of them would, but most laundromat owners want to be hands-off as much as possible.
If they already have machines, I offer them an upgrade. In this case, it was the detergent machine 🫧
4/4
If you’re thinking about starting a vending business, remember that the location plays a HUGE role in success. Look for places where people are for a long time, and think beyond just snacks and drinks! 🏪