What to Consider When Moving your Vending Business

Moving your Antares vending business into a separate building is one of the first decisions that you will have to make as you grow your business. Most operators have opted to rent a section of a “strip warehouse” along with other small businesses. To move your vending business out of the home, you will need to look at the costs associated with moving your business outside your home.

Consider your account base

Your account base needs to be diversified. If one account represents a large portion of your total sales, you could be in trouble should you lose that account.

Plan for future growth

A number of vending operators have claimed that no matter what size their business is, their facility is not beg enough. When planning for a new facility for your vending business by Natural Choice USA, plan for future growth and a larger inventory of machines.

Always keep in mind that as your business continues to grow, so will the need for extra space for inventory. How fast you plan to grow and how long you wish to stay in your new facility also factor into the size of the building and the associated costs with the size of the building and lease period.

The key to a successful Antares operation is controlling your costs, maintaining adequate vend prices and managing your machine product inventory for optimal sales and route labor costs.

Keep a focus on business basics

A good example would be selling high quality service versus lower prices. A focus on a higher drink product mix will allow you to have a gross margin above 50 percent. Concentrate on achieving higher sales per week per route by servicing the equipment only when it needs to be filled. This would of course mean having the proper planogram for each machine to allow it to be filled minimally at the 50 percent point.

Facility’s location

When choosing a location for your Antares vending operation, you need to do it carefully. A lower cost facility in an area of town far away from your home may actually cost you more money than a more expensive facility located near your home. The location of your facility can also be a factor in the quality of employees that are willing to work for you.