Articles

Most profitable vending machine business in 2022

by Rohit Thakur Daalchini

There are many types of vending machine businesses that exist in India. If you search on Google about types of vending machines, you will find so many vending machines which you have never heard of. 

Various vending machine businesses are Soda vending machines, pani puri vending machines, pizza vending machines, cold drink vending machines, sanitary napkins vending machines, cigarette vending machines, etc. 

But there is a point that needs to be kept in mind before starting any business which is Profitability.

Profitability is the most important factor for any business and business owners. 

All of these above-stated businesses are very unique and can be a good idea to start with if you want to tap this emerging market. 

But we have to check how much money you would be able to earn if you start any of these vending machine businesses. 

Let us explain to you.

The size of the market is very important if we want any business to grow. In the time of the pandemic, there was a huge demand for Vending machines around the globe. Talking about the Indian market it is now ready for smart IoT based smart vending machines

Talking about the number of locations in India, there are more than 65 lakh locations possible in more than 500 Indian cities like offices, hospitals, hotels, schools, colleges, etc. where a vending machine can easily be easily installed. 

It shows that if anyone starts a vending machine business, it will be a profitable one. isn't it a great opportunity for any business?

Approximate 40K hospitals, 555K workplaces, 113k public places (Metro, Railway stations, etc.), 249k factories, 220k ATM locations, 630K residentials (apartments, PGs, hostels) is still an under-tapped market space for vending machine business.

Above I have talked about all the opportunities that are still untapped in this business. If we talk about the type of vending machine franchise, we have many options like Vending machines for pani puri, Sodas, Snacks, cigarettes etc. 

You can start any of these vending machine businesses but to make big profits, you have to check the margins, ticket size and variety you can sell. 

The most profitable vending machine business is Snacks & Food vending machine business. You will have options to sell as many types of snacks and fresh food as you want or your customers want. The ticket size is also greater than any other vending machine business and here you can sell a larger variety of products like beverages, biscuits, healthy bars, fruits, sweets, etc. 

Daalchini provides an opportunity to start this profitable vending machine business.  It has high margin large varieties we can have and the most important is payment feature which is app-based payment feature. All these features make it unique and my personal favourite Vending machine business model that I personally recommend to anyone who is just starting the business.

Conclusion

The vending machine business has proven to be successful all around the world. With it just taking off in India, this is the right time to invest and become a part of what is sure to be the next best thing in the unmanned retail space.

With low investment and high returns; minimal time, effort, and hassle; the ability to expand easily and quickly, and long-term gains, the vending machine is the recipe for a profitable business.


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About Rohit Thakur Junior   Daalchini

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Joined APSense since, January 15th, 2022, From Noida Sec2, India.

Created on Feb 22nd 2022 02:49. Viewed 105 times.

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