6 Vending Machine Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Vending Machine Business

Starting a vending machine business in a crowded, busy city is an easy way to make money. Whether you want to run your own business, start a side hustle, or generate an income while at the office, this is the best business.

There are many advantages to starting a vending machine business, such as: low startup costs, simplicity, all cash-based transactions, and flexibility.

Here are the steps on how to start a vending machine business.

Buy a franchise
Find a location
Secure all licenses and contracts

Here are some real life success stories of starting a vending machine 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

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 this case study

Read by 3,642 founders

Learn more about starting a vending machine business:

Where to start?

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

Need inspiration?

-> Examples of established vending machine business
-> Vending machine business names

Other resources

Part of

Starting A Vending Machine Business: Everything You Need To Know

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4. The VENDiscuss Forums

The single largest forum dedicated to the independent vendor.

5. D&S Vending

D&S Vending is the leading online source for vending machines, vending machine parts, and vending machine service

Website traffic: 70K/month

6. Leading Vending Machine Operator In Hong Kong

FreshUp is the leading vending machine operator in Hong Kong. With our experience of operating over 2,000 vending machines in Hong Kong, we are proud to provide the widest range of products to our clients and tailor unique solutions for every client.