Making Money with Vending Machines

Matt Miller spent the first 9 years of his career as an Air Force pilot, before entering the private sector to work in both the medical device and advertising industries. While a top performer in the corporate world, his long term desire was to be his own boss. A good friend one day mentioned the gum ball machines he and his young daughters owned, and that conversation began a 10-year business quest that has brought Matt's company, School Spirit Vending, to the cutting edge of both the vending and school fundraising industries. Today, School Spirit Vendings franchising program provides a proven and profitable business system for busy professionals and their families looking to develop secondary income streams with a limited time commitment.

On this show we dive into…

How Matt went from an Air Force pilot to spending $35 for his first vending machine

How he went from one vending machine to many locations… all from one relationship

The kind of money can someone make as a secondary income from the vending industry

The different types of vending opportunities that exist today

How much time is committed to running this type of business

How to work 20 hours per month and make over $40,000 annually

What type of money can someone make from the vending industry?

The small amount of time is committed to running this type of business

Once a franchisee makes the vending machine sale, and installs the machine, how often must the machine be serviced?

How much capital someone needs to get started… and what you can do to get money to get started

How a franchise works in the vending industry

How you can be part of a mentorship program to get started

How this program has helped schools generate over 3 million dollars in fundraising dollars

How easy it is to sell or bring in new clients to place your vending machine

How versatile this type of industry is for anyone wanting to get in

How a new franchisee can get a certain territory that is theirs and theirs alone