Startup cost: $2k - $10k

Setup costs range from $2,000 to $10,000 for starting a vending machine business. On the lower end, this budget covers the purchase of one or two vending machines, initial inventory like snacks or drinks, and any necessary permits or licenses. Opting for the higher end involves acquiring more machines, a variety of products to offer, a dedicated vending machine management software, and possibly a vehicle for transportation. Essential expenses include machine purchases, initial stock, and permits, while optional costs might include advertising or a maintenance contract. Hidden fees could include restocking, repair services, or location rental fees. Feedback from online communities suggests that while starting costs can be kept minimal, they may increase as you expand your vending machine fleet or aim for premium locations. To take this side hustle seriously, advise your friend to budget between $2,000 and $10,000 to cover all necessary expenses and set a solid foundation for growth.