Mike Hoffmann
Mike Hoffmann

@MrPassive_

10 Tweets 2 reads Jan 06, 2023
Vending is becoming increasingly popular as a passive income stream for entrepreneurs
My current Vending route:
🔶 $1200/mo per machine
🔶 30 minutes/ea to stock
Here are 6 reasons why Vending is here to stay:
Before we dive into it's benefits, it's important to understand Vending's history.
Vending has been around for over 100 years.
The 1st known coin-operated vending machine being invented by Hero of Alexandria in the first century AD
🔶 Vending is a bullish play because of the convenience factor for customers
Think about it
Vending machines offer a quick and easy way for people to purchase items without the need to stand in line or interact with other people.
🔶 Vending has high profits
Vending machines have low overhead costs. They can be run w/ minimal time and effort.
Costco sells poptarts for $.25. They sell in our machines for $1.50
Vending gives you 60-70% returns. Can you do the same with your 2023 stock portfolio?
🔶 Vending's Advantages for business owners are only getting better
You've heard me say it over & over:
Find ways to make money passively. Invest in opportunities that allow you to separate your time from your money.
That is vending in a nutshell
🔶 There is an increased demand for healthy food
Vending machines are now offering a wider range of healthier options.
Protein Bars, 0g sugar Celsius, Kombucha.
These trendy snack options have only increased the popularity of vending machines.
🔶 Customization options for Vending have created a win/win for the entrepreneur & also the location
▶️ Hotels may want toiletry items
▶️ Apartments may want Mixer options
▶️ Teacher lounges may want cold brew
You can cater to the specific needs & preferences of your customers
🔶 Advanced technology in Vending Machines is exploding 🚀
▶️ Some Robots will now deliver snacks from the machine
▶️ You can track machine inventory remotely right from a mobile app
▶️ Vending software can produce promo & happy hr vends to enhance the customer experience
That's a wrap!
Vending isn't a fad, but here to stay bc:
🔶 It's convenient for customers
🔶 Has High Profits
🔶 Business Advantages for entrepreneurs
🔶 Increased demand for healthy food
🔶 Vending option flexibility
🔶 Advanced Technology is taking it to new heights
Interested in diving into this further?
Watch this video and schedule a call to chat! MrPassive.com

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