Starting my own Vending Machine Business at 18 || Triple Head Bulk Machine

[@reeecemichael]

My First Running watch ( www.amazon.com/dp/B01KPUHBK6/?tag=Reeceruns-2 )

[@cathryncavazos3728]

just starting off my self, i was struggling on where to buy the candy to get the most profit. thankyou for this video. helped a lot

[@jeffdiaz8861]

Ik this is old but Costco is your best bet

[@JohnnyDung]

50% is crazy, especially when you paying for all the junk🤦🏾‍♂️🤣

[@Yapping69]

Fr

[@LifeWithVinceLuu]

Love the hustle man!

[@fiskenburg007]

Did you have to do anything like start a business, get a vendor license, be able to collect sales tax? Basically the legal stuff.

[@rachielbonilla1086]

How old to be to start a vending machine business

[@juanmeza3921]

OMG!!! Don't sell the farm away! Partner up with a charity and use the charity angle. I have over 150 machines and I pay no commission. I can even help you with a locator. DM and I can share the contact with you. With charity I give what I can monthly.

[@rashidam4869]

Juan, I’m interested in learning more. How do I get in contact with you?

[@pblunt88]

Hey, im trying to get into this business. Would you mind answering a couple questions to help me out? Thanks!

[@tokiewebb2511]

@@rashidam4869 hello how u get 150 location

[@TonyGrace-l9y]

Hey John I just started about 6 months ago and have 2 locations and 3 machines but I definitely could use a locator if it’s ok with you.

[@paul_hilvy]

If you don't mind me asking, what are your other income sources?

[@reeecemichael]

It’s died down but currently 60% is from my real part time job in between school, this channel yields around 10%, and my other channel is around 20% around 10% from reselling, 20 bucks profit from gumballs a month, then here and then I’ll find a really solid resell deal that makes a ton, in jan I found beats solo 3 pros for $54 each and sold around 50-60 for between 85-110; but that happens maybe once a quarter of I get lucky

[@brainpower458]

How much did you collect?

[@_syraski]

How’s it going currently

[@reeecemichael]

Pretty good actually, I changed it from a candy to a gumball machine since it’s more profitable per purchase, it brings in about $15 a month which is alright

[@_syraski]

That’s nice right there

[@logalogalog]

That's a high commission. How many locations do you have now?

[@reeecemichael]

logalogalog Yes 50% is a lot but now it’s just gumballs there so the profit margin for those is huge and currently I have 2 but I just got a new one I just have to put a dollar bill acceptor on my machine, still trying to figure that oht

[@pierstonsalinas940]

Very cool

[@skiddysm]

Giving any profit to the owner for a Bulk machine is alot

[@skiddysm]

Even with soda vending machines most people don't give any profit or pay for the electricity unless it has 500+ employees

[@reeecemichael]

Yeh it’s a lot but the figures it’s be worth it since it’s my barber, I changed to a gumball machine so the profit margins are way bigger!

[@carlosgonzalezdorantes4271]

Where I can buy rhino machines?

[@reeecemichael]

www.candymachines.com/Rhino-Vending-Machines-C396.aspx

[@rafaeldejulio5912]

Bro wtf I’ve been doing gumball machines for a couple months and if you give 50% of your profits to the owner you don’t profit at all

[@reeecemichael]

Yeh 50% profit is no profit

[@TimCurtin]

Dope

[@calebhoney6159]

50%????

[@reeecemichael]

Now its just a gumball machine that does quite well, so each gumball makes 22 cents so 11 cents for me a gumball is awesome!!

[@calebhoney6159]

@@reeecemichael I hope your not doing commission for other locations on anything

[@RyanLG07]

Sure that seems awesome but the work you put in to do this business is just not worth it, I pay 10 to 20 percent to the owner of my location and I still don't make that much off it

[@bryceblazegamingyt9741]

50 percent!!!! I wouldn't settle for more than 15 percent!

[@reeecemichael]

50% is a lot but I’m Okk when profit margin is 85% for gumballs now

[@pamelah1220]

@SodaRust A lot of places don't even charge rent.

[@BIG_yogee]

50% is wayyy too high

[@doughboijb9107]

@@reeecemichaeldo you still use it ?

[@torybroomfield8234]

A word of advice my guy. You have GOTTT to slow down, when talking .

[@Fruitsnackgobbler]

Holy shit slow down bro lol