24. How to Start a $10K/Month Vending Machine Business

Benjamin Smith and his partner started Friendship Vending Co. as a side hustle, hoping to earn extra money to pay their student loans. Today, they bring in $10K-$14K/month with 50% profit margins, and they’re sharing their advice on how to start a vending machine business.

Benjamin started his vending machine business in 2018 as he was finishing up with graduate school. They wanted another revenue stream but didn’t have much cash to get started. After researching low-cost side hustles, he and his partner invested about $2,000 and got their first machines. Five years later, they’re one of the top vending machine businesses in Nashville. 

Today, we’ll find out how Benjamin built his vending business from the ground up. We’ll learn where he gets his machines and how he connects with companies to identify places to install them. He’ll also share the other equipment and skills you’ll need as a vending business owner, as well as hacks and tips to help new vending business owners be successful. Whether you’re looking for a side hustle or a full-time business, vending can be a fantastic option—and you’ll find out how to do it in this interview.

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