6 Vending Business Success Stories [2024]

Updated: November 1st, 2023
Start A Vending Business

Vending businesses make money selling snacks, beverages, sandwiches, detergents, and other products that customers can purchase through the vending machine.

The cost of starting a vending business is just that of buying the machine and stocking it. If your vending machine is within a shopping mall, you may have to pay a rental fee and business license for the local authorities to allow you to operate the business.

If you are considering starting a vending machine business, consider the possible products you can sell using the machine. You need to find a suitable location and choose the right type of vending machine.

Here are some real life success stories of starting a vending business:

1. iKrave Vending ($360K/year)

Lakinya, the founder of iKrave Vending, came up with the idea for her vending machine business after realizing the lack of consultants that specialized in vending machine operations. After running her own successful vending machine business for a year, she created online training courses to help others achieve success in the industry. With her courses, Lakinya aims to eliminate obstacles and guide aspiring entrepreneurs towards financial security in the billion-dollar vending machine industry.

How much they make: $360K/year
How much did it cost to start: $2K
Current team size: 1

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I Converted My Side Hustle Into A Full-Blown $10K/Month Vending Machine Business

iKrave Vending founder Lakinya started her vending machine business after observing the lack of consultants who specialize in vending machine operations, and now offers online training courses and mentoring to help others achieve success in the billion-dollar industry.

About
Lakinya started iKrave Vending over 6 years ago
Revenue
Lakinya grew the business to $30K/month
Costs
It cost Lakinya $2000 to start the business
Read by 3,425 founders

Learn more about starting a vending business:

Where to start?

-> How much does it cost to start a vending business?
-> Pros and cons of a vending business

Need inspiration?

-> Examples of established vending business

Other resources

4. Wendor - Vending Machines in India

Different types of best price, quality smart automatic vending machines to increase the profit of all kinds of businesses in Delhi, Mumbai, Bangalore - India

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5. Vechnology

Extensive range of high quality vending machine to meet the demands of all businesses. Request a quotation for a new vending machine & consultation today.

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6. Vending Machine Business Information

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