The water vending machine business can be very profitable. We all need to drink water. Running a water vending machine franchise isn’t as hard as you think. You just install the machine and provide maintenance every six months.
Ease of Use and Profit
These machines don’t require as much maintenance as other vending machines, so the profits can get pretty high. You will get the maximum profits from areas that are lacking safe tap water. The best locations include hospitals, gas stations, water parks, parking lots, gyms, apartment complexes, and more.
Unlike machines with bottles, a water vending machine doesn’t need to be checked often. It doesn’t need to be restocked. If you do it right, you can make profits for years to come. Placing just 10 of these machines can yield up to $90,000 a year income. For consumers, it is way cheaper than buying bottled water.
Things to Consider Before Starting
The water vending machine business has become popular over the last few years. This is because it is such a low-cost investment. The baby boomers seem to be making water machines more popular.
Before you register with a company, make sure that their water is of the highest quality. Do your homework on the company before starting. Water Vendors By Us, for example, uses a reverse osmosis processing system to ensure safe, pure, great tasting water.
The water vending machine business is a multi-billion dollar industry. Americans buy $15 billion in bottled water every year. Because concern for the environment is increasing and more people are aware of the damaging effects of bottled water, there is a great opportunity to convert those bottled water drinkers.
Just remember to do your homework when taking on a business like this. Do your homework and get your licenses. These machines are definitely in demand right now, and we are always going to need water.