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It is a good business? This user tells you how much candy vending machines sell.
Grocery stores are an alternative to chain retail stores like Oxxo and 7-Eleven.
The vending machine business model has the advantage of being able to be installed in practically any establishment.
A TikTok user has shared whether or not it’s a good deal to use candy vending machines and shows you how much they sell.
These videos have shown that this implementation, although apparently simple, can represent great income for a business.
The chocolate and confectionery industry in Mexico
Mexico is considered one of the “sweetest” countries in the world. In fact, according to data provided by the National Institute of Statistics and Geography (INEGI) the gross production of the chocolate and confectionery industry grew remarkably at an average annual rate of 8.2 percent between 2013 and 2018.
However, due to the impact of the health crisis caused by Covid-19, the chocolate and confectionery industry presented severe drops in the value of production during April and May 2020. Despite this, after those months there was a recovery that, until the latest recorded data for 2021, have even managed to exceed what was seen during March 2019, shortly before the global lockdown.
In short, Mexico is among the main exporting countries of some chocolate products. Therefore, it does not seem unreasonable to think that the candy vending machine business could represent large extra income for your business, but how true is that? This user shows it to you.
How much do candy vending machines sell at a grocery store?
A TikTok user has shared several videos that have gained quite a bit of popularity. Its objective is to advise entrepreneurs looking to make money with vending machines. At the same time, consider how much money can be made through these selling sweets.
In one of his videos he shows how much money does a double vending machine make and shows how many candies they sell with each container in a month. Through this test, the user comments that it was possible to obtain a recovery/gain of almost 700 pesoswhich is quite a lot considering that the trial period was not, as he says, ideal. Although the profits of the premises, on the other hand, are limited to 10 percent, which would be the equivalent of 70 pesos in a month.
These are some of the videos that the account has shared about candy vending machines:
@chiclerasyvending EARNINGS OF 3 WEEKS, WE CAN BETTER THEM 🏆#vending #chewing gum #machines #residuals #entrepreneur #liberators #fyp ♬ Music for Business – Relaxing Music
@chiclerasyvending DOUBLE MACHINE, SALES IN 1 MONTH #chewing gum #vending #residuals #money #wealth #undertake #residualincome ♬ Dancin (KRONO Remix) – Aaron Smith
@chiclerasyvending EAGLE 5-PESO MACHINE IN A CREAMERY #entrepreneur #machines #vending #chewing gum #business #invest #money ♬ Electronic – Electronic
Despite what has already been said, users commented that those 700 pesos are not really a “gain”, and their opinions were divided. They mentioned that unlike other entrepreneur videos, the profit from this business doesn’t seem that significant. However, some others mentioned that, whether or not it is true that you can live on it, it is an extra income that cannot be overlooked.
Finally, the user has indicated that he will continue to share videos showing the effectiveness of this business.
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