Austvending expands its vending business models
Following a recent study commissioned to better understand the needs of our potential customers, we have found that there are two main groups of people that would like to start a vending machine business. Their motivation and ultimate goal is the same, they all want to increase their income, benefit from a cash business and operate a simple business with great profits.
What are the main differences?
On one hand we have a group of people that are young entrepreneurs at heart, currently working full time as employees, usually with young families with the spouse also working full time. The time available to operate a business is around 2 to 3 days per month and they can afford an investment of up to $40,000 on a business that can be managed from home and that doesn’t require any special infrastructure.
On the other hand we have a group of people with business ownership experience or professional executive background, who are looking to diversify their income sources. They may be thinking to build a business for retirement or they may be contemplating an income replacement solution that also provides free-time and lifestyle together with a sound return on investment and good profits. They contemplate vending as a business opportunity that should be established on a medium to big commercial scale and require a significant level of associated operation services that will allow them to concentrate on the business strategy. Investment budget available in this group starts at $50,000 and income goals are in excess of $30,000 per year.
Austvending has responded to the market demands in three specific ways:
- Created two main groups of vending business packages: The Kick-Start Vending Series and The Elite Vending Series.
- Lowered the overall level of entry into the industry to offer more options under $40,000.
- Increased the service levels on vending business packages from The Elite Vending Series whilst maintaining an attractive investment level and overall lower unit prices.
Regardless of the option that you choose, you can rest assured that Austvending will deliver not only the best vending equipment but also all the vending machine locations and the required support to ensure that you vending enterprise is successful and very profitable.
To learn more about the different packages, please fill in an enquiry form and we will contact you with detailed information about this multi-million dollar industry.