Used Vending Machines
One of the biggest costs to entering the vending machine business is the initial cost of buying vending machines. Sure, you can sometimes catch a good deal, but a majority of the time you need to buy those vending machines brand new.
If you’re one of the lucky people to be able to find someone selling their used vending machines, then be proud. Those used vending machines just saved you potentially thousands of dollars and now your closer to turning a profit rather than just having all of your investments tied up in brand new candy vending machines.
Some used vending machines are easier to find. Candy and soda vending machines are particularly easy to find since they have been around for a long time and many people like to upgrade to newer vending machines that look good. New types of vending machines, such as apparel vending machines, are very difficult to find used since there aren’t very many of them in use.
A good place to find used vending machines is through the manufacturers. Manufacturers often buy back old vending machines from their clients and give them a trade in value. Some vending machine manufacturers choose to refurbish those old machines and resell them.
Another great place to find used vending machines is online at sites such as Craigslist. Craigslist has a buy and sell section for most major cities. On that site you can frequently find people trying to sell their vending machine business. Look under the “Businesses For Sale” section.
A third place to find used vending machines is eBay. One of the tough things about eBay is finding someone who is selling vending machines locally. If you are able to find someone on eBay with used vending machines, try to schedule a visit to see the vending machines. This will give you a good indication of the condition of the vending machines. You could also talk to the current owner about some locations that he would be willing to give up.
My final and favorite place to find used vending machines is your local newspaper. Depending on the size of your city this could be pretty hard to find, but surrounding areas with a greater population could prove to have some good deals. Keep a keen eye out and you might find something. Another little secret is to call the person who takes classified ads at your newspaper and tell them you’re looking for someone who has vending machines for sale. If they see anyone who wants to place an ad, have them call you first! Then you have first shot at those great used vending machines!