How I Turned Vending Machines Into A $300K Business | On The Job

CNBC Make It
4 Aug 202208:01

Summary

TLDRيتحدث ماركوس جراهام عن نجاحه في أعمال ماكينات البيع، حيث كسب أكثر من 300,000 دولار سنويًا. يدير ماركوس 21 ماكينة بيع في عدة مدن أمريكية، ويشرح كيف بدأ عمله في عام 2018 بتكلفة منخفضة وزيادة كبيرة في الإيرادات. يقدم ماركوس نصائح حول كيفية بدء أعمال ماكينات البيع، مثل اختيار المواقع ذات الحركة الكبيرة وشراء الماكينات الجديدة أو المجددة. يوضح ماركوس أيضًا تحديات العمل مثل التخريب، ولكنه يؤكد على الفوائد الكبيرة والاستقلالية التي يوفرها هذا العمل.

Takeaways

  • 😄 Vending machines are loved for their convenience, offering snacks and drinks anytime.
  • 😃 Anyone can own vending machines with low startup costs and high return potential.
  • 😊 Marcus Graham earned over $300,000 last year from his vending machine business.
  • 😁 He owns 21 vending machines across Baltimore, Philadelphia, DC, and Detroit.
  • 😆 Marcus started his vending machine business in 2018 with $4,500.
  • 😅 He made $4,000 in 2018, $25,000 in 2019, over $200,000 in 2020, and over $300,000 in 2021.
  • 🤣 His goal is to make over $500,000 in 2022.
  • 😂 Key tips: never buy a machine without a location and look for high foot traffic areas.
  • 🙂 Vending machines can be purchased from local warehouses, Craigslist, Facebook Marketplace, or eBay.
  • 🙃 He profits $1.20 per bottle of Coke, $0.90 per bag of Doritos, $1.43 per can of Red Bull, and $0.85 per pack of Peanut M&Ms.

Q & A

  • لماذا يحب الناس الآلات التلقائية؟

    -الآلات التلقائية تتمتع بالراحة والسهولة، حيث يمكن للناس الحصول على شراب أو وجبات بسيطة إذا شعروا بجد أو جائع.

  • كيف يمكن لأي شخص أن يمتلك آلة تلقائية؟

    -هناك تكاليف بدء منخفضة واحتمال عائد عالٍ، كما أن أي شخص يمكنه امتلاك آلة تلقائية.

  • من هو ماركوس جراهام وماذا أنشأه في العام الماضي؟

    -ماركوس جراهام هو رجل أعمال أنشأ عمله في مجال الآلات التلقائية وحقق أرباكًا بقيمة 300،000 دولار في العام الماضي.

  • ما هي العدد الإجمالي لآلات ماركوس في مدن مختلفة؟

    -يمتلك ماركوس 21 آلة تلقائية موزعة في بaltimore و philadelphia و washington dc و detroit.

  • ما هي الدخل الشهري لآلة الوجبات وآلة المشروبات التي يملكها ماركوس؟

    -آلة الوجبات تدخل 800 دولار في الشهر، وآلة المشروبات تدخل ألف دولار في الشهر.

  • متى بدأ ماركوس في عمله في مجال الآلات التلقائية؟

    -بدأ ماركوس في عمله في مجال الآلات التلقائية في عام 2018.

  • ماذا كان تكاليف بدء العمل في مجال الآلات التلقائية لماركوس؟

    -تكلف ماركوس حوالي 4500 دولار للبدء في مجال الآلات التلقائية، بين اثنين من الآلات وقراء بطاقات الائتمان.

  • ما هي النصائح التي يقدمها ماركوس لشخص يريد أن يبدأ عمله في مجال الآلات التلقائية؟

    - Markeus ينصح بأن لا يشترى آلة تلقائية حتى يملك مكانًا لوضعها، ويفضل أن يختار الأماكن التي لديها حركة قدم كبيرة.

  • ما هي تكلفة آلة الشرب من نوع Vendo 511 إذا كانت جديدة أو مصلحة؟

    -تكلفة آلة Vendo 511如果是新的将是350 دولار،但如果是经过修复的، سيكلف حوالي 1500 دولار.

  • ما هي الربح لكل شراب كوكاكولا يبيعه ماركوس من آلة تلقائية؟

    -يربح ماركوس حوالي 1.20 دولار لكل شراب كوكاكولا يبيعه من الآلة التلقائية.

  • ماذا يفعل ماركوس في يوم عادي كمالك لآلة تلقائية؟

    -في يوم عادي، يتحقق ماركوس من مبيعات الآلات التلقائية ويتصل بطاقمه للتأكد من الآلات التي سيتم تزويديها، ثم يتسوق للمنتجات التي سيخدمها الآلات.

  • ما هي التحديات التي قد تواجهها شركات الآلات التلقائية؟

    -من التحديات التي قد تواجهها شركات الآلات التلقائية التدمير ال蓄意، مثل محاولة كسر آلة تلقائية لسرقة النقد.

  • ما هي الخطط لمستقبل التوسع لماركوس في مجال الآلات التلقائية؟

    -يتطلع ماركوس إلى التوسع إلى عدة ولايات، إضافة المزيد من مواقع الآلات التلقائية، إضافة موظفي جديدين للفريق، وربما فتح مستودع الآلات التلقائية الخاص به.

  • كيف تغيرت حياة ماركوس وعائلةه بفضل عمله في مجال الآلات التلقائية؟

    -نجح ماركوس في تغيير حياته وحياة أخته وعائلةه بفضل عمله في مجال الآلات التلقائية، وأصبح يريد تغيير حياة الآخرين من خلال مشاركته في الأحداث والورش والبحوث الإلكترونية.

Outlines

00:00

🚀 Starting a Vending Machine Business

Marcus Graham, a successful vending machine business owner, shares his journey of turning a low-cost startup into a lucrative venture. Starting in 2018 with just $4,500, Marcus now manages 21 machines across several cities, generating significant revenue. His business has grown from making $4,000 in its first year to projecting over $500,000 in 2022. This growth has transformed his life from living in poverty to earning a substantial income.

05:02

📈 Profit Margins and Operational Costs

Marcus details the profitability of his vending machine business, highlighting the cost and resale prices of various products. He explains how he buys products in bulk from wholesale distributors, making a substantial profit on each item sold. With 30% of his revenue going towards product costs, 10% to staff, and another 10% to miscellaneous expenses, Marcus retains 50% as profit. He also shares his passion for the business and the flexibility it offers.

Mindmap

Keywords

💡販賣機

販賣機(Vending machine)是一種自動售貨設備,它允許消費者通過投入貨幣或使用其他支付方式來購買商品。在這個視頻中,販賣機是創業和收入的主要來源,Marcus Graham 透過經營販賣機從年收入30,000美元增長到超過300,000美元。

💡創業

創業(Entrepreneurship)是指創立並經營自己的業務或企業的過程。視頻中,Marcus Graham 將創業作為改變生活的方式,從一個音樂製作人轉型為成功的販賣機業務經營者。

💡收入

收入(Income)是指個人或企業從業務或投資中獲得的金錢。在這個視頻中,Marcus Graham 強調了他的販賣機業務如何從4,000美元增長到超過300,000美元的年收入。

💡起點成本

起點成本(Startup cost)是指開始一個新業務時所需的初始投資。Marcus Graham 指出,他的販賣機業務起點成本約為4,500美元,包括兩台機器和兩個信用卡讀卡器。

💡潛在回報

潛在回報(Potential return)是指投資可能帶來的利潤或收益。視頻中提到,販賣機業務有潛在的高回報,Marcus Graham 預計在2022年收入超過500,000美元。

💡位置

位置(Location)在販賣機業務中至關重要,因為它影響到機器的流量和銷售。Marcus Graham 在視頻中提到,他尋找高人流量的地方,如公寓、酒店、學生宿舍等。

💡產品

產品(Product)是指販賣機內銷售的商品。視頻中提到,Marcus Graham 的機器中暢銷產品包括可口可樂、紅牛、花生M&Ms、納喬芝士多力多滋和立頓冰茶。

💡批發

批發(Wholesale)是指以低於零售價格批量購買商品的方式。Marcus Graham 從山姆會員商店、BJ's、Costco等批發分銷商購買產品,以獲得更高的利潤。

💡利潤

利潤(Profit)是指銷售收入減去成本後的額外收入。視頻中,Marcus Graham 解釋了他如何通過購買低價產品並以更高價格銷售來獲得利潤,例如每瓶可口可樂賺取1.20美元。

💡挑戰

挑戰(Challenge)是指在業務過程中遇到的困難或障礙。Marcus Graham 提到,販賣機業務的一個挑戰是破壞行為,例如有人試圖破壞機器以盜取現金。

💡擴展

擴展(Expansion)是指業務的增長和擴大。Marcus Graham 計劃將他的販賣機業務擴展到多個州,增加更多地點,並可能開設自己的販賣機倉庫。

Highlights

People love vending machines for their convenience in satisfying immediate needs like thirst or hunger.

Low startup costs and high return potential make vending machines an attractive business opportunity.

Marcus Graham made over $300,000 last year with his vending machine business.

Graham owns 21 vending machines across Baltimore, Philadelphia, DC, and Detroit.

His snack and drink machines generate between $800 to $1,300 a month each.

Graham started his business in 2018 with an initial investment of $4,500.

His business grew from making $4,000 in 2018 to over $300,000 in 2021.

Graham's previous annual income was $30,000, and he was living in poverty.

He saved $10,000 by living with his mother for nine months and decided to start a business in Philadelphia.

Vending machine locations with high foot traffic, such as apartments and hotels, are ideal.

Vending machines can be purchased from local warehouses, online marketplaces, or auction sites.

The cost of a vending machine ranges from $1,000 to $10,000, depending on its condition and type.

Graham's best-selling products include Coca-Cola, Red Bull, and Nacho Cheese Doritos.

Products are sourced from wholesale distributors and local vending machine warehouses.

Profit margins vary from $0.85 to $1.43 per item sold, depending on the product.

Graham's daily routine includes checking sales, coordinating with staff, shopping for products, and restocking machines.

Challenges include dealing with vandalism, such as attempts to break into machines for cash.

Graham plans to expand his business to multiple states and potentially open his own vending machine warehouse.

The vending machine business has positively impacted Graham's life and that of his family and sister.

Graham aims to educate others about the vending machine business through speaking events, seminars, and webinars.

Transcripts

play00:01

people love vending machines because

play00:03

they're convenient

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if you're thirsty get a coat if you're

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hungry get some doritos

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not many people know that anybody can

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own them there's low startup costs and

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there's a potential for high return my

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name is marcus graham and i made over

play00:17

300 000 last year for my vending machine

play00:20

business

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[Music]

play00:30

i have 21 vending machines spread across

play00:32

baltimore philadelphia dc

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and detroit

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these are a couple of my vending

play00:40

machines this snack machine makes 800 a

play00:43

month and this drink machine makes a

play00:46

thousand dollars a month this machine

play00:48

makes a thousand dollars a month and

play00:50

this machine makes thirteen hundred

play00:51

dollars a month i started my vending

play00:53

machine business in 2018. i had a friend

play00:55

who saw a woman taking cash out of a

play00:57

vending machine and it kind of sparked

play00:59

the idea about maybe we should get into

play01:01

it

play01:02

it cost me about 4 500 to get started in

play01:04

the vending machine business between two

play01:06

machines and two credit card

play01:09

[Music]

play01:10

readers in 2018 it made four thousand

play01:13

dollars 2019 it made 25 000

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2020 it made over 200 000

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2021 and made over 300 000

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and i'm currently projected to make over

play01:25

five hundred thousand dollars in 2022.

play01:31

before starting the vending machine

play01:32

business i was making 30 000 a year

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i was living in poverty and i was just

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hoping that one day i could turn my life

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around

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i used to try to be a music producer and

play01:45

that didn't work out so i moved back

play01:47

home and my goal was to

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live with my mother for a period of time

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to save money i stayed with my mother

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for about nine months and was able to

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save up ten thousand dollars from that

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point of time i wanted to move to

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philadelphia to

play02:01

start a business i didn't know what that

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business was going to be

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and i landed on the vending machine

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business what started out as a side

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hustle

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became my life i

play02:12

went from making thirty thousand dollars

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a year to over three hundred thousand

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dollars a year

play02:20

a few tips that i have for starting your

play02:22

own vending machine business is one

play02:25

never buy a machine until you have a

play02:26

place to put it

play02:31

when i'm looking for a good vending

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location i'm looking for places that

play02:34

have a lot of foot traffic you know

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places like

play02:37

apartments

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hotels

play02:40

motels um you know student housing

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to buy a vending machine you want to

play02:45

look for your local vending machine

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warehouse which i think is the best you

play02:49

can also find vending machines on places

play02:51

like craigslist facebook market or

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places like ebay

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a vendor machine can cost anywhere from

play02:59

one thousand dollars to ten thousand

play03:00

dollars depending on if it's new or

play03:02

refurbished

play03:03

this is the vendo 511 drink machine also

play03:06

known as your classic pepsi machine a

play03:08

refurbished machine like this will cost

play03:10

you around fifteen hundred dollars and a

play03:12

new one will cost you around thirty five

play03:13

hundred dollars

play03:16

well this is your standard ams snack

play03:18

machine

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if you were to have a refurbished ams

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snack machine you should expect to pay

play03:22

around fifteen hundred to two thousand

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dollars and if this was a brand new

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snack machine it would cost you roughly

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around five thousand dollars

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this is the crane national 449 combo

play03:35

machine if you were to have a vending

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location that only has room for one

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machine you can use something like this

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if you were to get a refurbished machine

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it would cost around 3 500 and if you

play03:44

were to get a new machine it would cost

play03:46

you roughly 7 000.

play04:01

before the pandemic this machine was

play04:03

fourteen hundred dollars and that was

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two thousand dollars

play04:07

this machine was a thousand dollars and

play04:09

that was fourteen hundred dollars

play04:12

[Music]

play04:16

a typical day for me as an owner join

play04:18

the vending is i wake up i check my

play04:20

vending machine sales i contact my staff

play04:23

to see what machines they're going to be

play04:24

stocking

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i then shop for product for the machines

play04:27

that i service and then i go stock the

play04:29

machines

play04:32

[Music]

play04:36

some of my best-selling products are

play04:37

coca-cola

play04:39

red bull

play04:40

peanut m ms nacho cheese doritos

play04:44

lipton iced tea

play04:45

those are some of the things that people

play04:46

love the most in my machines

play04:54

to get our vending machine product we go

play04:56

to wholesale distributors like sam's

play04:58

club bj's costco's we even come to our

play05:02

local vending machine warehouse that

play05:03

also sells vending machine product

play05:06

i buy a bottle of coke for 55 cent and i

play05:09

sell it for 175. i profit about 1.20 per

play05:13

bottle of coke that i sell

play05:16

i pay 60 for a bag of doritos at a

play05:18

wholesale price

play05:19

and i resell it for a dollar fifty so

play05:22

i'm profiting about 90 cent per bag of

play05:24

doritos that i sell

play05:26

i buy a can of red bull for a dollar 42

play05:28

cent at a wholesale price and i resell

play05:31

it for 2.85 out of my vending machine so

play05:34

i profit 1.43 per can

play05:37

i buy peanut m ms for 75

play05:39

at a wholesale price and i resell it for

play05:42

a dollar sixty cent so i'm profiting 85

play05:45

per pack

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30 of my revenue goes towards buying

play05:49

products for the vending machines 10

play05:50

percent goes towards paying my staff

play05:53

another 10 goes towards miscellaneous

play05:55

things like gas and the other 50

play05:57

i profit

play06:03

some of the things i love about running

play06:04

a vending machine business is that i

play06:06

have a lot of flexibility i can work

play06:09

when i want to work i also like the

play06:12

ability to

play06:13

service people to provide a need to them

play06:17

[Music]

play06:20

one of the challenges of running a

play06:21

vending machine business could be

play06:23

vandalism

play06:24

one time i had someone try to break it

play06:26

to my vending machine to steal cash

play06:28

they broke the bill validator where the

play06:30

cash goes in and efforts to take out the

play06:32

money

play06:32

fortunately for me they weren't able to

play06:34

do so

play06:39

in the future i'm looking to expand to

play06:41

multiple states

play06:42

add more vending machine locations

play06:44

around the nation i want to add more

play06:46

staff to the team and then potentially

play06:48

open up my own vending machine warehouse

play06:50

where i would sell my own vending

play06:52

machines card readers and vending

play06:54

machine product

play07:00

by being in the vending machine business

play07:02

and finding success in it i've been able

play07:04

to employ my sister which is something

play07:06

very very important to me

play07:08

and she's been able to turn her life

play07:10

around

play07:11

she's running my business in

play07:13

philadelphia while i live in the suburbs

play07:15

in a very nice house with my family in

play07:18

maryland

play07:19

i've been able to change my life i've

play07:20

been able to change my sister's life

play07:22

i've been able to change my family's

play07:23

life with the vending machine business

play07:28

and i want to change other people's life

play07:30

by talking about the business um doing

play07:32

speaking events seminars webinars

play07:35

whatever i can do to you know help

play07:37

everyone learn about a business that not

play07:39

a lot of people know about

play07:47

[Music]

play08:00

you

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