Vending Machine Accessories Business

Vending Machine Accessories Business Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Tired of the same old business ideas? Think about vending machine accessories. This concept is simple yet powerful: supply accessories and parts required for vending machines.

The rise of vending machines in diverse locations—schools, offices, gyms—means they need continuous maintenance and updates. You'll provide items like payment systems, lighting, trays, and software enhancements.

Why does this matter? Ensuring vending machines run smoothly is essential. There's a ready market of vending machine operators who need reliable suppliers. You'll help maintain their operations while forging strong business relationships.

Starting this venture demands a solid understanding of vending machine mechanics and supplier sourcing. It's a hands-on business with opportunities to grow. Whether it's vending machine owners seeking upgrades or repair services, you're in a niche with steady demand.

In this list, you'll find real-world vending machine accessories business success stories and very profitable examples of starting a vending machine accessories business that makes money.

1. 365 Retail Markets ($86.4M/year)

Joe Hessling, the founder of 365 Retail Markets, came up with the idea for his business after realizing the potential of self-checkout convenience. Starting with one MicroMarket, he turned it into 29,000 worldwide, generating $72 million in revenue in 2019. Hessling's previous experience in the food business and understanding of the blue-collar workforce played a crucial role in the success of his innovative concept.

How much money it makes: $86.4M/year
How many people on the team: 239

The Story Behind This $72M/Year Grab-N-Go MicroMarkets Company

365 Retail Markets, founded by Joe Hessling, started with one MicroMarket and turned it into a global industry leader with 29,000 locations worldwide, generating revenue of $72 million in 2019 by offering grab-n-go convenience through self-checkout kiosks and healthy snacks.

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