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44GuitarBoy 2 years ago
So my dad got me $200 in Walmart gift cards. I used them to buy a few personal things, but I still have like $150 left. Because Walmart is like Amazon in that there are tons of 3rd party sellers, I'm thinking of buying a gumball machine, and starting a vending machine business. I already have a few ideas on where to set up the machine.

Quakertown Farmer's Market (QMart) is one of PA's busiest flea/farmer's markets. There is competition though, because there are plenty of machines already there.

Philadelphia Premium Outlets is also a pretty busy place, especially their updated food court with new restaurants. There are a few arcade games in there, so I could probably could put a gumball machine next to them.

Scott's Car Wash in Exeter Township is another candidate. They're great. They'll change your oil and fluids while you wait, and give you a free wash for doing so. Parents might have to lug their kids with them, so this may be an opportunity.

I read that you can set up in most places for free if you advertise on the machine that profits go to charity. Businesses may just be happy to let you use space in their stores alone if they feel they are helping impact the community. Otherwise you just offer 15%-30% of the profits, which may sound like a lot, but these machines have profit margins of around 80%. When put in the right place, you can make $40 or much more per month. Being that the cheapest machines cost around $70ish I could buy one, wait a few months, and likely have enough money to buy another. Rinse and repeat until I have like half a dozen generating a couple hundred per month. Maybe upgrade to larger machines with multiple options.
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70.:A-MAN:.
2 years ago
@GuitarBoy dang solid.
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44GuitarBoy 2 years ago
@.:A-MAN:. Yes! I want to be financially independent. No boss telling me what to do, no concrete hours. I want to build income and wealth. Starting in 2022 I'm going to open my own self-funded 401K and invest in more crypto.
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70.:A-MAN:.
2 years ago
Lol you're always looking for business opportunities.
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