Starting tubz vending Tower Vending Business in 2020

Non vending or coin operated related chat goes here
Post Reply
JAY123
Newbie
Posts: 1
Joined: October 27th, 2020, 7:00 pm
Referred by?: Google

Starting tubz vending Tower Vending Business in 2020

Post by JAY123 »

Hi this is my first post so just asking for honest advice really from more experienced vending tower operators. I am thinking of starting a new tubz vending tower vending business, starting with 20 'used' tubz vending towers and buying my stock from them and paying them to find the sites for me. Do you think it's worth investing in this business considering how the world is in 2020 or am I being a bit silly starting a small business like this now? Thanks Jay
Style
Coin Op Group Elite
Coin Op Group Elite
Posts: 1154
Joined: June 1st, 2012, 11:00 pm
Area Covered: Milton Keynes
Machines Used: Sweet towers, toys, beavers, pringles
Referred by?: random

Re: Starting tubz vending vending vending Tower Vending Business in

Post by Style »

Im full time in this business and currently trading about 30% of normal. If that helps. Oh and the figures tubz vending tell you that are achievable are ********.
Quinch
Coin Op Group Veteren
Coin Op Group Veteren
Posts: 264
Joined: October 15th, 2011, 12:17 pm
Referred by?: Google search for vending forums

Re: Starting tubz vending vending vending Tower Vending Business in

Post by Quinch »

Considering the current economic climate is already bad and looks to be getting steadily worse I wouldn't bother. Most of your potential sites are probably going to be in some form of hospitality: anywhere that's in tier 3 is obviously not happening, tier 2 business is a trickle in most places and although tier 1 could still work for you bear in mind that it could become tier 2 sometime soon
Kerbcoffee
Newbie
Posts: 14
Joined: October 16th, 2016, 4:14 pm
Area Covered: Suffolk
Referred by?: Google

Re: Starting tubz vending vending Tower Vending Business in 2020

Post by Kerbcoffee »

If you are considering starting a vending business you could probably pick up an existing round for a fraction of what tubz vending would charge you. I would happily sell you my round. Better still get all your money in cash, put it together in a big pile and set fire to it because it will be less effort but have the same net result!
Connorvending
Coin Op Group Apprentice
Coin Op Group Apprentice
Posts: 47
Joined: September 5th, 2018, 10:00 pm
Area Covered: Ne england
Machines Used: Pringles tubz vending tomy beaver
Referred by?: Another operator

Re: Starting tubz vending vending Tower Vending Business in 2020

Post by Connorvending »

Do not do it
popp665
Coin Op Group Veteren
Coin Op Group Veteren
Posts: 309
Joined: January 19th, 2009, 6:53 pm
Area Covered: Merseyside, Warrington
Machines Used: Bulk, Toys, Towers other non elec stuff

Re: Starting tubz vending vending Tower Vending Business in 2020

Post by popp665 »

I see everyone’s feeling optimistic but yes getting involved in this business would be a very foolish move! I’m not even going to bother listing the numerous reasons why things are going to be very difficult going forward.
Post Reply