Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Email address
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.
Advertisement
Vending machines have become a popular side hustle, thanks to entrepreneurs on Instagram and TikTok who claim they've made between six and seven figures in annual sales.
Vending-machine businesses are widely appealing because they require a minimal investment to get started, are low-maintenance to operate, and can eventually generate passive income if you outsource the daily upkeep.
One business owner on TikTok said he bought his Vending Machine for 0 on the marketplace OfferUp and booked 8 in revenue in three weeks. "I try to mark everything up about 100%, so for every dollar that comes in, I make One business owner on TikTok said he bought his vending machine for $600 on the marketplace OfferUp and booked $318 in revenue in three weeks. "I try to mark everything up about 100%, so for every dollar that comes in, I make $0.50," he said in the post..50," he said in the post.
But, like any business, it still requires hard work to get started and takes time to scale.
Advertisement
Ty Hill, who owns the vending company Queen of Vending, said in a TikTok post that her first vending machine only made $20 in the first month and she wanted to quit. Now one of her locations with two machines earns her $1,500 a month.
Insider gathered advice from vending-machine entrepreneurs on social media, along with insight from founders we've previously interviewed, to learn how to start one of these businesses from scratch.