average vending machine profits in India

average vending machine profits in India

How Much Do Vending Machines Make? Profit Margins & More

You can lease a machine for around $100-$150 per month. Used or new vending machines can range from under $1,000 for basic models to as much as $20,000 for more advanced machines. After expenses and upkeep, the average profit margin for vending machines is around 2.4% — but your mileage will vary. Vending machine revenue is anticipated to decline to a yearly rate of 0.5% to $7.9 billion in several years leading to 2020 (pre-pandemic figures). In fact, a 2.5% decline is expected in 2020 alone. (IBISWorld) In 2017, the U.S. vending machine population was at 7 million with average earnings of up to $3,000 per machine. Quora User gives a really good answer, so I’ll just add on to his comments. But first we need to get some basics out of the way. For the sake of answering this incredibly vague question, we need to know to know the type (snack, beverage, other) of…