Subscribe and comment to Dominicks Barbato's video here: kzread.info/dash/bejne/Y2mbttibeJqflZM.html $50 Honor Box Here: vendingbusinesssolutions.com/products/vending-machine-business-starter-pack

@JorgeLopez-bm8mz

4 жыл бұрын

Reyes I want order 50 shirt how we get in contact

@ReyesTheEntrepreneur

4 жыл бұрын

@@JorgeLopez-bm8mz send me an email with your design to reyestheentrepreneur@yahoo.com

@fmjjr3672

4 жыл бұрын

What happens to the inflatable business?

@JorgeLopez-bm8mz

4 жыл бұрын

K thanks fr the reply

@trentdabs5245

4 жыл бұрын

Hey Reyes I bot a old school soda machine I got it for $50 Dollar's because of your videos, It's to old to use for a business But I love having it in my garage.

I worked as a vending technician and installation expert in the MD/DC metropolitan area for 16yrs. Most of this guy's information is on point. For example, his points about service calls for broken machine issues is on point. I mean, I worked for a company that paid me a full salary just to drive around all day fixing their machines. So yeah, having a working knowledge of how each machine works (models are all different even within the same brand such as Dixie Narco) is key. If you don't know how to fix a machine or someone that can, you're screwed. I used to do calls for other companies that had no service tech and got a min of $50/hr to fix their stuff. The other issues are: Machines are heavy and if you do not have the proper truck (with lock-down slots for moving straps) and lift, dollies (like safe dollies), and other people to help you move the machine in and out of buildings, down hallways, around corners, and on and off the truck, you cant install or remove the machine. Finally, the profit margin is very small. We are talking like less than 4% for a decent size operation. Finally, you have to have a bunch of extra money. Why? Because you need bill validators and coin changers. Not all machines come with those and these pieces of equip. are expensive. Plus, you need coins to fill your coin changers otherwise your machine won't work. You could easily need over $100 in coins in each machine just to get it in operational status. No coins in the changer = no working machine because it will automatically shut itself down because it cant make proper change on sales. This doesn't even mention the fact that in today's world of technology, people want to use credit cards and phones to pay for stuff. Once you start talking about cashless systems that is another ball of wax. You will have to invest in credit card and phone readers and telemetry units and pay a company monthly to collect your digital currency. I left the vending business in 2017 because it is dying.

@zz449944

3 жыл бұрын

My time in the vending business was as a route driver for vending companies. I enjoyed the work tremendously and looked forward to going to work every day. I used to fill vending machines in my dreams while sleeping. On the right route, with enough hard work and hustle, the weekly pay can be fantastic. My take-home pay in the early 2000's used to be $850 to $950 per week. I was lucky to get routes that had steady weekly income instead of some routes where the pay fluctuated a lot due to seasonality or whatever. I only left the vending business because I got injured in a truck crash. I should have gone back after I recovered but didn't. The years I was in the business, prices from vending machines were very reasonable -- 65 cent candy bars, 50 cent bags of chips, 75 cent cans of soda, 50 cent cartons of milk, fresh sandwiches for $2.50 and fresh bagels for 70 cents. Today, the prices of vending machines are so high as to be embarrassing -- I would be ashamed of trying to peddle candy bars for $1.50 and bottled drinks for $2.50. I was in the business long enough to know how to do all the minor fixes and repairs myself, so any vending mechanics that covered my route loved me -- I only ever called in serious service calls. I was so good at filling machines that customer refund requests were less than $2.00 a week for my entire route and because of this, my company never lost an account because I did a poor job and actually was successful at signing many major locations to 5 year contracts instead of 1 or 2 year agreements. I was NOT the best vending route driver out there -- I broke many company rules and was regularly in trouble. But, most of my rule breaking was overlooked since the amount of money I brought in each week only increased month to month. On my last route, I was consistently the second most profitable driver out of over 60 other route drivers at that company location. The trend now is instead of banks of 10 or 12 vending machines, is called Micro-markets with products in unlocked coolers and open shelves full of products and one single payment kiosk that collects the money due all at one time. This means customers only have to make ONE payment after selecting their products and it means no more separate machines with their own coin mechs and bill acceptors to keep in working order. So, it's a better shopping experience for customers, but it all comes at higher prices for products (to cover shrinkage and theft). And if that ONE payment kiosk fails, nobody can buy anything.

Idk why tf I clicked, I don’t have any intention of going into vending but now I know what to do and not to do if I did. It’s 6 am ppl send halp

@dungeonfrek

4 жыл бұрын

Halp is on the way!

@samandrew5643

3 жыл бұрын

Send help 😂

@LebanonJames420

2 жыл бұрын

That's youtube baby

@teddy_awdB19

Жыл бұрын

Did help ever show up????

I started my vending business after watching your first candy machine videos. After about 6 months, I have 1 soda machine, 1 vending, and 1 candy and their making me about 150-200 dollars a month. It’s a great for extra passive income 👍

@ShriKanase

4 жыл бұрын

Do you think this business is worth all the work?

@Juan_rivera

4 жыл бұрын

@@ShriKanase you eventually expand after a while...

@iiTzInFeRNaL

4 жыл бұрын

@@ShriKanase there are way better businesses out there that require less work and higher profit. you just gotta do some research

@jamesjohnson-rr9gp

4 жыл бұрын

@@iiTzInFeRNaL what you got in mind

@mawumenyotchegnon481

4 жыл бұрын

@@iiTzInFeRNaL Like what?

"My double chin can tell you about that" that got me dead fam 😂

@bryanestrada4924

3 жыл бұрын

Lmao me too 🤣

@kabafx1394

Жыл бұрын

The way he flicked it too LMAOO 💀

This guy is nothing but positive energy and a great person from what I can tell. Keep grinding Reyes ✊🏽

@ReyesTheEntrepreneur

4 жыл бұрын

Thank you :)

@constancemiller3753

2 жыл бұрын

He's that dude that's in the family pictures that everyone has a story about and loves.

when restocking your machines check the expiration dates on the products and put the ones that expire first in the front that way they buy them and you don't loss that product

I have over 20 vending machines, bring me in about 50k a year, the hardest part is indeed finding the location. The second hardest is making sure the machines run how they are supposed to. So many problems I face every time i go for maintenance.

@bitcodelabs4660

3 жыл бұрын

20 machines aren't going to give you 50K/year what kind of planet are you living in where you're making more than an employee per month off of vending machines?

@bitcodelabs4660

3 жыл бұрын

Not even Malls and large commercial centers that make money on vending machines make 50K 😳👎

@josuechavez2070

3 жыл бұрын

@@bitcodelabs4660 lmao yes you can ? I make about 1200 a week with my machines ??

@josuechavez2070

3 жыл бұрын

@@bitcodelabs4660 idk how you want me to prove it lmao, but ight. Never said it was profit either. It is 100 percent possible, my locations are hella busy.

@eligreg99

3 жыл бұрын

@@josuechavez2070 I agree they’re trippin you can make about $300 a month just off of one machine if it’s in a busy location. Multiply that by 20 and you have $6000 just to give an example.

There is no way to lose with vending when your location is thriving and you have the right merchandise retailer. There no way to avoid profit. I have a snack shop without the machines in a thriving location. candy bars, chips, sodas (bottles/cans), pickles, cookies (oreos vanilla/chocolate, famous amos chocolate chip) other candy. There's big profit in this business. Like I said, having the right location and the right discount retailer. You can't lose.

@josephwilliam7930

2 жыл бұрын

The ways to improve vending machine sales is to place them in areas that make your products easily accessible to the people who need them. Since the newest machines will offer use of Apple Pay and Android Pay, all you need to have is your phone, or just your credit/debit card. Another consideration when looking for ways to improve vending machine sales is to place them in areas that make your products easily accessible to the people who need them. Schools, malls, airport lounges, bus stations and subway platforms are high traffic areas that are prime locations for vending machines.

@romanixchrome

2 жыл бұрын

@@josephwilliam7930 you can put vending machines in the subway?

@codvideos3868

2 жыл бұрын

@@romanixchrome the city will probably steal your shit, but bolt it to the ground or chain lock it too something solid. Use a cheap old machine because this is a high risk high reward type method lol

@Bean-in5xv

2 жыл бұрын

@@codvideos3868 what do you mean by this?

@SS-pg1hi

Жыл бұрын

What locations have you found are best and how did negotations go to place there?

Excellent video!! Been in the business 6 years and you hit all the major points accurately!! Especially the healthy vending... that’s how I was sucked in and quickly learned it’s a joke! You have to sell what sells...and for me, it ain’t veggie chips!

Great video bro! I love your channel.. respect your hustle!! Thank you Getting my first machine this week! Excited

These videos have been great! My cousin and I are hoping to get into the vending business and it's great to see your highs and lows.

Hey Reyes, great video bro. I just bought my first two machines and I'm going to watch all your videos as I got some great advice from you already. Thanks man!

I'm not even trying to start a vending machine business, but your personality kept me watching the entire video.

Great video keep up the awesome work you do. We have been in the vending business for 13 years now and it Not all money it working hard and satisfying your clients.

Luv u, Reyes! U tell it like it is. You've come a loooong way! Been following u for a few years, now... seen ur ups & downs but u always landed on ur feet. Good for u!🤑

Thank you so much for giving a realistic review of the business. I am planning to move to the UK or the US next year for my studies and I was thinking of getting myself into this business and my job and studies. I needed to know the cons as well and honestly, all the other KZreadrs are just stuck to the pros.

It's awesome people like you that save people from a lot of drama!! Thank you for the amazing information!!

I appreciate your channel and the info your giving out. Stay humble stay hustling

Great video- nice to hear an honest portrayal of the vending business

Dude great video. I love how you talked to the beat of the music. Very comprehensive video thank you

I enjoy your story sir! I went back and watched your older videos. Great channel and content!

Nice job bro! Back to basics. Love it!

Much love bro. Keep the vids coming!

@ReyesTheEntrepreneur

4 жыл бұрын

Of course

Great review bro you explained things step by step including cons along side pros much help thank you 💪🏽

Once o got over how dramatic you are. I started to enjoy your personality & actually laughed a lot. Keep it up brother.

I’ve always thought about this, thank you and your presentation is authentic and good

Great video! Entertaining and informative. Thanks Reyes!

I love watching your video’s. You’ve been inspiring me for the longest 😁 keep up the hustles 💯🔥

Starting the day off right with free99 Reyes videos

Thanks for giving actual specifics on how you got your locations and such.

Aye my boi Dom! Reyes this video just makes me wish you still had your candy machines 😭 love the new content bro ✅🔥

Reyes, have you considered putting some kind of suggestion box by your vending machines so you know more about snacks and drinks that are in demand?

THANK YOU for sharing your knowledge!

Never sit it on its back, always ship the machine standing. The 2 you bought probably worked until you laid them down and burnt up the compressor.

@simskeeper

3 жыл бұрын

If you do have to lay it down. Let it sit upright for a few days before turning it on . This will let the oil come back down the tubes.

Terrific data, pros and cons, love it -- thank you!!

Appreciate the tips as I’m wondering about getting into the business myself

I gave you a like because I enjoyed the joke about the dust in your wallet lol

@ReyesTheEntrepreneur

4 жыл бұрын

Haha thanks

@retrostyle7962

4 жыл бұрын

NavajoSpark haha I liked the video because of what he said about asking his double chin what happened to the healthy chips.

@dasanip.w.9661

3 жыл бұрын

Same

@richardbranson130

3 жыл бұрын

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@chellybabyme

3 жыл бұрын

I don't laugh easy these days. But watching him take the time to film dropping dust into his wallet actually made a laugh come to me. Where are the vending machines that didn't work? Outside making dust in his sleep. Gorgeous, man.

Loved the video, laid out the pros and cons very well.

Great video. It's pretty much like any side hustle. You get back what you put in. It takes work

Bro this video was EVERYTHING I was looking for!!! Perfect video thank you

I started watching your videos today, and went ahead and subscribed. I might be picking up my first snack/soda machine combo in a couple of days and will be putting it in my other business that is currently losing money by offering free sodas that we routinely pour out at the end if the day. Hopefully this solves several of my problems at once. Thanks for your honest and upbeat takes on this business.

@Vendorboy3000

2 жыл бұрын

Hows the business going

Love your attitude man.

Hey Reyes just wanted to say I appreciate you and all your Free99 knowledge!

@ReyesTheEntrepreneur

4 жыл бұрын

Thanks :) appreciate you watching

I love it! Just subscribed !

I love your vids. Thank you for the info.

It just seems as though you didn't think things through in the most productive way. I get the feeling that you thought it would be easy , but starting any business has never easy. It's like you did everything the hard way. Yes , I am a vending machine business , entrepreneur myself so I understand exactly what it's like purchasing machines, replenishing, moving my machines. My day to day experience is nothing like yours. Thank God!

You have a great attitude. You have convinced me there’s no way I’m doing this business.

Thanks for this post so informational !!

So Grateful for your approach< great people skills!!

I'm about to start my vending business...im glad I found this video. Stay up fam

Love your video man some good advice....reminds me when I was in the arcade vending business! Good passive income while working full time but it’s definitely on call!

@alekvassinskiy1286

3 жыл бұрын

Why did you give up?

I'm a casual KZread video viewer. And your healthy snacks fiasco story reminds me of my high school junior year which began in fall 1980. Fort Worth ISD decided to replace all sodas with healthy drinks in the campus vending machines. I don't remember buying any, and this idea must have gone over like a lead balloon, because when my senior year began in fall 1981, the sodas were back! 😆😆😆 I did use the machines again then! 👍

*Great info! Thanks!*

I know this is an old video, but I want to thank you for sparking that business inspiration in me.

@havingteawiththedevil

2 жыл бұрын

How has it gone for you?

Great Video Reyes, You got good at this..

You have just became my favorite youtuber!!!! YOU ARE HILARIOUS !!!

You broke it down nicely man, thank you

Informative and funny! Great content

One of the best vids I've ever seen, the most clear and real guy ever

I love your hustle!

REYES!! Amazing video‼️

@ReyesTheEntrepreneur

4 жыл бұрын

Thank you :)

This video was very helpful thank you👍🏻

Nice Break Down Reyes 👍

Let's go Reyes! With that Free '99 knowledge!

Thanks Reyes for your help.

Wow, I've done that. Didn't have the large machines, but the gumball types. My best location was an ACE Hardware. Yes, it can be "passive" when they don't need constant attention.

vandalism, theft ,vending machine repair , commissions to the location monthly, competition from other vendors.....tell the truth about the downside of vending

@chekoz77

4 жыл бұрын

No way this guys made any profit outside of youtube.

@Commercialgymlifter

4 жыл бұрын

Choose secure locations. Tighten up your marketing so locations call you, and you don't have to pay commissions; they just want your service.

@cnsmiles

3 жыл бұрын

@Angel Ramirez Preach

@garybregel4259

3 жыл бұрын

Vandalism is the worst thing that happen to me. They tipped one of my machines over and on another one they kicked the selection buttons in. It was no fun being in the vending business I can tell you that.

@elibooks7660

2 жыл бұрын

True

Berry usefull information my friend thank you 😅😄 time is nothing to me money I’m learning as I can save and save to spend is also nothing I’m willing to work for this hustle!

well met thanks for the heads up and for your time

Thanks for the knowledge !!

Thank you Reyes plz upload more about this. And the double chin joke was hilarious.

@ReyesTheEntrepreneur

4 жыл бұрын

Thanks :)

Hey Reyes, I want to thank you. You and Jaime Ibanez helped inspire me to buy an existing route of 6 locations for $17k that has 13 machines in total. Already making money and the seller carried $14k of the sale as a loan! You were a great source of knowledge!!

@RicheousKiller

4 жыл бұрын

Eric Nickelson Very Nice. If i may ask where did you look to find such a deal?

@ericnickelson3328

4 жыл бұрын

@@RicheousKiller surprisingly I found this on craigslist, but I've also seen a few on Facebook marketplace. Also you can find them on buybizsell and I think routesforsale but not as frequently or as profitable because those are sold a little more professionally. Hope this helps man!

@KoTicSCOPEz1

4 жыл бұрын

If you don’t mind me asking how much revenue are you bringing in? And how much of that is profit?

@blackstk9338

2 жыл бұрын

hows your business doing can we get a insight in detail

I like your presentation and you are funny, Thanks for the tips!

I'm really digging your video style.

A couple of things never lay a soda machine on its side or back to deliver it deliver it upright if you don’t have a pickup with a lift or sides rent one or hire professional vending machine movers to do the back breaking job! Also make sure that they are insured because there will be accidents such as gouged walls or messed up carpeting or wood flooring. If you can’t afford movers and have to deliver it laying down make sure you don’t plug the machine in until it stands upright as long as it was on its side this allows the refrigerant and oil to settle back you don’t want the oil and the refrigerant to mix! Never deliver a machine of any kind fully or even partially loaded you are asking for trouble especially with a soda machine! I’m taking from experience of 30+ years of working for Green and White and Red White and Blue and self employed with snack route!

Dude your hilarious😂 Funniest bussiness education video ive ever seen. Im starting my vending machine company. Having trouble getting my first location. Ill get there though🔥. Leaving this video inspired and ready

But Reyes, You should start checking all that change for silver. 😀👊Hold onto anything pre 1964. Its a fun hobby man and silver is going up. Cool video bro.

You know how in Japan they got vending machines everywhere and even have a restaurant just filled with vending machines. I wonder you ever think instead of looking for locations, you stock up on one location and make it a tourist attraction via social media. Have one spot be the cornerstone of unique machines that let people shop and eat with no one but machines.

@rhemedy_rho3509

3 жыл бұрын

That sounds pretty cool

@k-mart7475

3 жыл бұрын

Stupid. Wont last more than 6 months after ppl get bored and realize they’re getting shit quality food

@k-mart7475

3 жыл бұрын

Plus there need to be upkeep. Whose cleaning the floors? Windows? Security? Malfunctions when customers dont get what they want?

@w1ck3dz0d1ac

2 жыл бұрын

This just feels like cyberpunk 2077...

Bro, I have no interest in this business, but I love your energy and I definitely got some great general sales tips inspiration. SUB’d!

Dude, you are hilarious! Thanks for the info!

He included in the list, “use pigeons” 😂 😂

Great video!! I am thinking of buying an established vending machine route. I appreciate the info.

Amazing advice bro

I worked for a small vending company for 4 years. Kind of rough and location is by far the most important part.

ALWAYS LOVE YOUR VIDS BRO..

Great job homie 👊👊💯💯👌👌

1.In regards to startup cost, a vending machine has a low startup cost. 2. It's about location primarily, and what's necessarily to meet the demand. 3. How much labor and time are required to maintain it. 4. How much commission do you have to pay to maintain the location

You lean well.This is why I mostly like doing candy machines.

Vending massage chair has the fastest ROI because there are little maintenance cost and unlike other vending machines, you don't have to refill the machine product.

Let’s go Reyes, I’ve been watching your videos for about a year and I’ve been really motivated on my eBay business and so far I’ve made some good income and yes there has been stressful times but you have motivated me to keep going 😃

@mahbuburrahman2783

2 жыл бұрын

Can u describe in detail plz...

BUT REYES!!!!!! Living in my car part 7 needs to be out before 2020 begins

"Making me dust...while I sleep"

@chellybabyme

3 жыл бұрын

I know!😅 I made a comment above I'll make it again. I don't laugh easy days but that made it for me

Used to have 86 machines with 25 locations. I am glad I sold it all!

Great Video bro!!!

I have someone here in Vegas that has a warehouse full of machines so I’m able to rely on him if I ever need a machine

Reyes is a TRUE hustla👊

this is that real hustle

Here on Mexico we don't need bending machines cuz theres those "independent mini marts" named "Abarrotes" and those sells exactly the same things as that or even better stuff that can't fit on one bending machine

Cool video Reyes.