Imagine a business in which you do not have to go to the office, or work for eight hours a day, or invest in high local costs, and that also produces money month after month.
This magnificent business exists and it has to do with investing in certain machines that work for you automatically.
In the midst of the digital age there is a diversity of increasingly intelligent and sophisticated machines that are an extremely profitable option to invest.
The model consists of building a business based on coin machines, usually electronic or electromechanical, that are placed in strategic places and that can generate excellent profits since they are highly attractive to many people due to the products they offer.
Regularly these machines can be purchased very easily and can be the perfect option to start a business part-time and without leaving your current job.
1. GUM AND CANDY VENDING MACHINES
The first cool machine to mention has to do with candy vending machines. These are placed in crowded places where there is especially a high influx of children.
Shopping centers, toy stores, restaurants or hairdressers are ideal places to mention just a few.
The product that is marketed through them are candies, chewing gum or small toys which are usually irresistible to children who easily convince parents to throw in a coin.
Another great advantage of these vending machines is that they are mechanical and do not use electricity. Maintenance is minimal and the owner’s main job is to regularly check for product and empty coins.
- Estimated price simple machine: US$ 125
- Double machine price: US$ 225
- Quadruple machine price: US$ 400
2. SNACK DISPENSING MACHINES
Another great version for investment is the snack vending machines. The investment is higher since they are larger in size and more sophisticated, so the income will also be higher.
These machines are ideal for setting up your business in executive centers, office buildings, universities, sports centers, etc. and they usually sell regular consumption products such as: sodas, chocolates, juices and cigarettes.
You must take into account that they are electromechanical machines, so if there is electricity consumption that must be considered within the business plan as well as the rent of the space where they are placed.
Some of these machines can even be obtained on rental plans instead of purchasing them, which can be quite convenient at the beginning of your business.
3. PUBLIC TELEPHONES WALLETS
Payphones never go out of style and remain a great inexpensive communication solution for many people.
The business idea is to invest in wallet telephone sets to place them in popular places such as stores, markets, stadiums and in any commercial premises that allow space.
Finally, having a wallet phone is attractive for any merchant as it attracts people to their business premises.
If you consider placing them on public roads, you should consider investing in small booths and do the pertinent procedures for the municipality of your locality to authorize the installation.
Coin changers are machines that require regular cleaning, minimal maintenance, and logistics for coins to be withdrawn regularly to prevent theft and vandalism.
There are fixed line wallet phones on the market and others that work operated by an internal cellular plant which is very convenient to relocate them at any time with minimal inconvenience.
- Wallet Phone Price: $500 to $1,000
- Single phone booth price: US$300
For this business, it will be essential to have technical personnel who can carry out preventive and corrective maintenance of the devices that demand it continuously due to their use, as well as having a stock of spare parts or a supplier who can solve technical problems.
4. COFFEE VENDING MACHINES
Nothing more convenient than a coffee vending machine located in the right place.
These machines are perfect for shopping malls, hotels, universities and various places.
Its function is to sell coffee in different modalities and flavors. They require the constant supply of inputs such as sugar, coffee and water
5. ELECTROMECHANICAL CHILDREN’S GAMES
Other machines that produce money and in a very profitable way are usually children’s game machines. There are a variety of models ranging from simple swings to carousels or little trains.
These can be acquired with different local or foreign companies.
The mechanics of the business consists of renting strategic spaces in shopping centers or places with a massive influx of people to place them.
The gaming machines are an ideal attraction for children and conveniently work for you.
Unlike the previous ones, these not only require electricity and maintenance, but some of them may require some supervision for operation.
- Electromechanical kit approximate price: US$600 to $3500
6. WEIGHT AND HEIGHT MEASURING SCALES
Ideal for placing them in pharmacies, shopping centers, gyms, these scales are the delight of anyone since they allow anyone to quickly and discreetly measure their weight and height.
They work with electricity, they require minimal maintenance since they do not suffer major mechanical wear.
- Estimated price of balance: US$ 1000
THE BEST OF INVESTING IN AUTOMATIC MACHINES
- They do not require human intervention to work
- They require minimal maintenance
- They work 24×7 every week throughout the year
- You can scale your business by investing in more machines
- Generate permanent income
- They can be relocated easily and quickly