• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Vending Machine Owner Shares How Much He Made In Just Two Weeks

Home> News

Published 17:27 14 Mar 2022 GMT

Vending Machine Owner Shares How Much He Made In Just Two Weeks

The laundromat-owner bought the vending machine for just $600 - but how much does he make from it?

Cameron Frew

Cameron Frew

A vending machine owner has shared how much he made from selling snacks in just two weeks.

To be perfectly honest, I'm hesitant to really consider how much money I've spent on vending machines (vendies, if you're a Scot). On top of the incalculable pound coins over the years, I almost-always bought a bottle of Lucozade and Galaxy Caramel after swimming when I was younger, and I'm always struck with immense guilt every time I overpay for an energy drink at the gym.

But if you're the proprietor of a vending machine in a hotspot - we're talking office break rooms, leisure centres, train stations without a small shop or café - there's potential to make some serious bank.

Advert

Find out how much this one owner makes from his vending machine below:

Over on TikTok, @laundromatmoney regularly gives his followers an insight into the day-to-day life of running a laundromat, whether it's his average bills, how to properly maintain the machines or, on this occasion, his vending machines.

He owns two fairly standard vending machines: a Pepsi-branded one filled with cans of soft drinks; and a snack-based one filled with crisps, chocolate bars and bags of sweets.

Advert

In a video posted in late December last year, he revealed how much he made from the latter vending machine over the course of two weeks. 'I bought this machine for $600 on OfferUp. I had to drive 45 minutes, but well worth it,' he says.

The laundromat-owner always gets a decent amount of quarters. (@laundromatmoney/TikTok)
The laundromat-owner always gets a decent amount of quarters. (@laundromatmoney/TikTok)

After opening up the cap on the cash slot, he takes out a fat wad of dollar bills, which he describes as 'not bad'.

'Next, we go down to the quarters. This machine is located inside of a laundromat, so we always get a decent amount of quarters,' he says.

Advert

'When you first place your vending machine, you're gonna want to check it all the time, but you really only need to check it once or twice a month, at the most. If you have to check it more than twice a month, then business must be really, really good,' he adds.

After counting out his bills and weighing his quarters, he's left with a total of $142, all from just one vending machine.

He makes plenty from bills alone, but that's before he counts the loose change. (@laundromatmoney/TikTok)
He makes plenty from bills alone, but that's before he counts the loose change. (@laundromatmoney/TikTok)

In another video, he talks about the broader profit from his vending machine. 'How much it costs to stock usually depends on what I need to buy and if there are any deals,' he says.

Advert

'For the most part though, I run around 60% margins - so that means for every dollar that comes in, I make 60 cents. This includes all of my product and electricity.

'It doesn't always make too much money, but I really don't have to work too hard for it, so it's all good.'

If you have a story you want to tell, send it to UNILAD via [email protected]

Featured Image Credit: @laundromatmoney/TikTok

Topics: TikTok, Life

Cameron Frew
Cameron Frew

Entertainment Editor at UNILAD. 2001: A Space Odyssey is the best film ever made, and Warrior is better than Rocky. That's all you need to know.

X

@frewfilm

Advert

Advert

Advert

Choose your content:

an hour ago
15 hours ago
16 hours ago
  • an hour ago

    Iran issued chilling warning days before attack telling Trump exactly what it would do if he ordered strike

    President Trump described the strike on Iran as a 'very successful attack'

    News
  • 15 hours ago

    TSA issues warning as it bans passengers from taking nine bizarre items on planes

    If you're vacationing soon, you might want to double check that you don't have any of these items in your luggage

    News
  • 16 hours ago

    Apple TV's 'excellent' new film was shot entirely on iPhone and is available to stream for free online

    British musician Stormzy stars in the new Apple TV short film

    Film & TV
  • 16 hours ago

    Pentagon shares details behind 'highly classified' strike on Iran and how stealth bombers traveled ‘without the world knowing’

    Operation Midnight Hammer included more than 125 aircraft, units from the Navy, and so-called 'bunker buster' bombs

    News
  • Backpacker shares the reality of Australia as he gives up on country after just three weeks
  • Someone has found footage of every single time Trump says he'll do something 'in two weeks' and the results are baffling
  • Influencer who just bought her 'dream home' explains how it's quickly turned into a nightmare
  • Man who owns two Teslas shares electric bill revealing how much it actually costs him to charge at home