The Ultimate Guide to Start a Profitable Vending Machine Business in India [2024]

To buy or get a vending machine on a monthly rent, fill out this form: https://bit.ly/DaalchiniPartners, or email us at [email protected].


In this video we are going to talk about vending machine business - How can you start, why should you start this business, what is the investment required, how much time would you need, what is the market size of vending machines, etc.

1.) Why start a vending machine business in India?

The vending machine business provides flexibility in schedule to the operator, requires limited investment, and is very easy to run.
It is also a business that returns your capital within 12-18 months and has a lifetime of 8+ years, giving a steady flow of profits for 8 years or more.

As an operator, there is a huge market Size that vending machines can address. Also, there are very low operational and fixed costs attached to starting one.
The biggest advantage for an operator is that it can be fully automated and doesn't need major human interventions.


2.) Where to start a vending machine business in India?

A vending machine can be started at any place where there is a good footfall of people on a regular basis.

They are small in size and easy to fit. One must check for the daily footfalls, and the safety of the vending machine and also scout for other options in the vicinity before finalizing the location.

Always check for internet connectivity, CCTV coverage, the temperature of the location, and the distance from your warehouse while scouting for a location.


3.) How to start a vending machine business in India?

To start a Vending Machine business you would need 5 basic things -

a.) The right technology - Vending machine with touch screen, payment gateway integrations, software for inventory, warehouse, and customer support, and running ads to engage customers.

b.) Finance for buying the vending machine, startups like Daalchini help in getting loans for the same, stocking it, and renting a small space for the machine.

c.) Tie-ups for stock and inventory - since this is Food and beverages, you will have to tie up with distributors - Daalchini can help you with this too!!

d.) Tie-ups for payment gateways and for displaying ads on your machine for some extra income.

e.) You would need some space, a staff of one or two depending on what kind of food you stock - fresh or packaged and some time from your end. These are the bare minimum resources you would need to start a vending machine business.


4.) What do you make from starting your vending business?

You can buy a vending machine for 1-2 lakhs, that's your fixed cost.
You would need 5000 to 8000 for stock replenishment per vending machine and a staff of one dedicating an hour per vending machine and rent for 80 sq feet of space for 5-10 vending machines - these are your variable costs.

A single machine would generate a revenue of 6000 to 25000 per month. With average margins hovering around 25% your payback period can vary from 12 to 18 months.


Chapters:
00:00 Introduction
00:19 Why you should start a vending machine business in India?
01:31 Where to start a vending machine business in India?
02:28 Who should start a vending machine business in India?
02:55 How to start a vending machine business in India
04:05 Investment
04:27 Revenue sources from the vending machine
04:49 How to choose the best vending machine franchise provider in India?


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Our team will contact you within 48 hours to assist you further.


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