Home Real Estate Living On $300,000 Per Year From Vending Machines | Millennial Money

Living On $300,000 Per Year From Vending Machines | Millennial Money

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Living On $300,000 Per Year From Vending Machines | Millennial Money

Today we’re reacting to “How I Turned Vending Machines Into A $300K Business | On The Job” from CNBC Make It – Enjoy! Original Video Here: – Add me on Instagram: GPStephan

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37 COMMENTS

  1. Hi I don’t pay the locations anything. You most likely won’t have to pay anything because you’re providing a service. There are times you do but for the most part you won’t.

  2. Great video!! Now I have more knowledge about finance. I spent 20 years in the military and unfortunately did not save in a TSP. I am fortunate enough to be retired at age 42 with a profit from my investments and pension. I wouldn't have been able to live my current lifestyle without couple of investment. After taxes I am left with about 25,000 bucks a month, I am debt free and just now starting to invest in real estate. I don't plan on working for someone else ever again. I just live a modest life and now invest heavily in the market with the help of an IA. I do get a 2-3% raise every year for inflation and this income is for the rest of my life. I am blessed and now I live a great stress free life while investing while I am retired.

  3. Bro thanx for the valuable info. Please do a deep dive on Cult Dao project as many are saying it's the next Shiba. Amazing project! Read the manifesto and tokenomics and see how special this project is.

  4. My dad has had a vending machine business for 20+ years. Personally not my fav… very labor intensive and have to sell hundred of thousands of $1-2 items to make money. Would rather sell a few larger things to less clientele. Not as “passive income” as I’ve seen pitched in other videos.

  5. Been following you for some time doubt you recall but I was in your comments wasn’t making no money took your advice to get into sales tripled my income . Purchased two house one to live in one to rent out . Bought my dream car and I’m getting into vending now and here you are doing a video on it . I wanna share my story with you in like a year or two not done yet but thanks Graham you’ve made a positive impact on me

  6. I’m not gonna lie, I love watching your videos every morning on my 30 minute commute to work. It really motivates me to try and be better financially. I’m basically at rock bottom now lol, but everyone starts somewhere, right? 🤙

  7. Last semester I lived in the apartment where the first vending machines are at (off campus at temple university).
    I never saw anyone actually pay money, everyone literally just hits and tilts their snacks out

  8. I do vending machines on the side and I do not pay the locations anything as well. Also the credit card readers do a great job of telling you how much cash should be in your vending machines so they don’t just count the credit card transactions. I have a location that makes about $2000 gross a month and 50% of that is profit.

  9. His profit has to be more than 90K. Vending machines don’t require alot, and if it requires repair it really can’t be that much.
    Snacks are cheap as hell.
    Unless he has staff, or is paying rent which I’ve researched and its likely he doesn’t.
    Damn good on him 👏

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