8:01How To Make $15,000/Month With A Vending Machine Business
From My First Million · Published Jul 5, 2022 · Watch on YouTube
TL;DR
A 27-year-old former software salesperson named Quinn Miller built a vending machine business doing $15,000/month in revenue (65% profit) across 27 machines in 10 months. He buys used machines ($1k–$2k), installs credit card readers ($250), cold‑calls low‑income motels, hotels, assisted living and apartments, uses a “value sell” to avoid paying location rent, sources products from Costco (Coke at
Key insights
- Vending machines are a “predictable, simple, understandable, guaranteed” business with low technical sophistication required.
- Profit margin is ~65% on revenue; $15k revenue yields ~$9.8k monthly profit.
- The critical innovation is accepting credit cards ($250 reader) because people no longer carry quarters.
Want the full analysis - every claim cited to the second it was said?
This page only shows a teaser. Sign up to chat with the complete, cited breakdown of "How To Make $15,000/Month With A Vending Machine Business".