Profit Potential Of Outdoor Vending Locations
Such locations offer great potential for reaching a larger customer base, providing diverse product selection as well as enhance vending business profitability. Some of the facts about outdoor vending locations that make them highly attractive include:
1. Retail establishments have increase square footage and draw heavy customer traffic.
2. There has been a rise in the number of housing complexes with common areas.
3. Attendance has been growing in public parks.
4. National accounts of vending management companies that manage vending services have been persuaded to make better use of the vending opportunities available, including outdoor sites.
Maintenance problems are few and rare for outdoor vending machines as they don’t get frequently kicked underneath and in the condensers. There is a mixed view about the lucrativeness of vending machines in outdoor locations among Planet Antares vending operators. Some of them report that outdoor machines produce similar returns as indoor machines in same kind of locations. On the other hand, vending management companies are of the view that outdoor locations provide higher sales and profits.
In reality, the cost of maintaining a vending machine outdoors is higher and so are the returns. However, independent vending operators have the option of leasing cold drink machines from bottlers, who will bear the overhead of security. Apart from Planet Antares vending operators, many other operators have also experienced success with beverage and snack vending machines placed in outdoor locations.
All in all, outdoor vending offers a unique opportunity for growth at a time when the traditional locations are already saturated. If you capture such lucrative locations, your vending machine business will surely have great potential for sales and profitability.