In these busy days, people prefer convenience in everything. Whether it’s a corporate office, a co-working space, a gym, or a hospital, there is an increasing demand for quick access to healthy snacks, beverages, and essential items. These demands have led to the emergence of a new selling concept: vending machine on rent in India. Entrepreneurs looking to start a business with lower investment are opting for rental vending machines in India instead of buying new ones, as they require less capital and help maintain cash liquidity in the business.
Renting a vending machine is a smart choice for entrepreneurs as it offers many benefits, such as not having to manage maintenance fees and repairs, which are handled by the rental company. It allows for passive sales without the need to be present at the vending machine, and inventory can be tracked from your workplace.
Why Rent Instead of Buy?
Renting a vending machine to start a business can be a right choice for entrepreneurs with less investment and experience. By renting a vending machine one can test sales and profitability at different places and then make decisions regarding installation of more machines. Also renting a vending machine saves a huge amount of money that would be invested in buying a new vending machine, one can use this money to carry other expenses in the business. Here we have explained more points that will give you a clear insight into this decision.
Requires less initial investment: Renting a vending machine requires less initial investment as compared to buying, which can be affordable for startups with limited capital.
Gives flexibility in product selection: By renting a vending machine, one can experiment with different products and see what sells well in a particular location before making a large purchase, and can analyse which one is best for profit-making.
Has potential for reduced operational costs: Some rental agreements with vending include restocking and maintenance, reducing the need for additional staffing and resources.
Give passive Income: Vending machines are operated without any human help, and they can generate income 24/7, which makes it attractive for supplementary income or flexible work schedules.
Step-by-Step Guide to Renting a Vending Machine
Here we have provided the step-by-step guidance on how to rent a vending machine
Step 1: Identify Your Business Needs
- Before approaching any vending machine provider, first identify what you need, like a type of vending machine, a snack vending machine, a beverage vending machine, or a combination of both, the cost of vending machine rental you can refer to, etc.
- Which type of customers are you targeting, like vending machines for office rental, for employees, visitors, doctors, school students, daily bus or train passengers, etc.
- Which type of food do you want to provide to your customers, like healthy snacks, eco-friendly packaging, or cashless payment options?
- Understanding these factors will help you choose the right machine and provider, and you can easily achieve the daily target sales and profit through vending machines.
Step 2: Choose the Right Vending Machine Provider
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There are several vending machine rental companies available in the market, but you have to choose the right one. You can get the best vending machine through leading providers in India like Unicorn Vending, which is known for its wide selection of machines, flexible rental plans, and the best customer service.
Before purchasing a vending machine, look for the following things in a Provider:
- Ask about machine quality and technology, whether they are providing a vending machine with a touch screen facility where UPI payments can be made, or a machine that accepts only cashless payments
- The machine must have customization options regarding branding and product selection
- What type of service & support team do they have, and will they help you in the future in dealing with any problem
- How will the machine they delivered & how do they take care of their installation services, and how many days will it take to install the vending machine?
- Select a vending machine provider who have transparent pricing and eliminates any hidden charges
Step 3: Select a Machine & Rental Plan
When you select the vending machine provider company, the next step is to choose the right machine and rental plan for a vending machine.
Rental durations can range from short-term for 1-3 months to long-term, that is, 12 months. Also, you will get discounts on the price if you choose longer contracts. You should choose the plan according to the need and place preference, as it will impact the sales and profitability of the business.
Step 4: Installation & Setup
After finalizing the rental plan of a vending machine with the company, the next step is the installation of the machine by the provider. Most providers handle the entire process of installation, including setup, testing, and initial stock load. To avoid any mistakes made by employees in the future, ensure that you or your facility manager is present during installation to oversee the process.
Also, choose a place where you have a dedicated space with a nearby power socket to avail 24*7 service to customers. After this, you can start your business as it will only take 3 to 7 days for installation and setup after finalizing the rental plan.
Step 5: Maintenance & Support
One of the biggest advantages of renting a vending machine to start your business is that the maintenance of the vending machine is included in the rental plan. You must choose a provider that has a record of fast response and has a service team in your city or region so that you will get help when you need it.
Look whether they are providing 24*7 customer support in case of breakdowns or not. Whether the company will only take care of repairs or will also provide the facility for part replacements in damage. Whether they will cooperate with software updates in case of smart vending machines.
Best Locations for a Rented Vending Machine
Following are some of the best locations where rented vending machines will help you to earn more profit, and you can grow your business in the long term
- Corporate Offices where vending machines are installed for employees’ convenience and to increase their productivity at work
- Hospitals where there is a need for 24*7 availability and access for staff and visitors
- Schools & Colleges can be a good option as you can control snack options at your vending machine and can analyse the sales and track your inventory accordingly
- Gyms & Fitness Studios can be the right place when you provide healthy drinks and energy bars at your vending machine for sale
- You can target airports & stations as it has high foot traffic means more sale that directly increases the profitability
Why Choose Unicorn Vending for Your Rental Needs?
Here we have explained why you choose unicorn vending for your rental needs
- Unicorn vending has a nationwide Service Network that is available in all major metros and Tier 2 cities like Delhi, Bangalore, etc.
- It will provide you wide product range of Snacks, beverages, combo machines, and even PPE kits
- Unicorn vending is using smart technology like touchscreens, AI-based stock prediction, and mobile alerts that ensure proper management of inventory
- It will provide you with flexible rental plans like short-term and long-te rm options that suit every business with different investment plans
Here are some Customer Testimonials that will make your decision clearer
“Unicorn Vending transformed our break room. The machine looks great, and our employees love the healthy snack options.”
— HR Manager, Bengaluru Tech Firm
“We didn’t want to invest in a vending machine upfront. Renting from Unicorn was easy and hassle-free. Highly recommended!”
— Owner, Gym Chain, Delhi NCR
Conclusion
There are many small or new entrepreneurs who are looking for a business idea that needs low investment in the initial phase and will give a constant increase in profit in the long term. For these types of entrepreneurs, renting a vending machine is an excellent choice. Vending machines are best for those who are looking to improve convenience and employee satisfaction without any extra burden of maintenance, repair, and technology upgradation.
Whether someone is targeting sales at an office place, hospital, gym, or co-working space vending machine on a rental basis will give you a chance to test the sales and profit rates.
“Contact Unicorn Vending today to start your business by renting a vending machine that will give you profit with peace of mind.”
