this post was submitted on 15 Jun 2023
6 points (71.4% liked)

Personal Finance

3803 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS
top 3 comments
sorted by: hot top controversial new old
[–] [email protected] 5 points 1 year ago (1 children)

Does anyone know how profitable vending machine ownership is? Obviously nobody is making their full income on it but I see a lot of videos of people making $700 every week or two but not talking about owning/operating costs. I'm not really considering owning one or anything I'm just curious.

[–] [email protected] 3 points 1 year ago

I was curious about it once when I was considering "hustles". One of the biggest issues may be finding a high-traffic location where you are allowed to operate a vending machine. But if a place could use one and will let you operate for cheap/free, you could give it a shot. One learns a lot from trying. Odds are the work & issues may make it tougher than it seems on the surface (may not be as passive as you think).

[–] [email protected] 1 points 3 weeks ago

I've done it before, not very profitable, wouldn't recommend.