To start a vending machine business in Singapore. First you need to obtain an operating license. (Read: Do you need a license to operate vending machine).
Now, how much does it cost to start a vending machine business?
The cost of purchasing a brand new vending machine cost about $2000- $4000 per machine.
The most basic vending machine – Japanese vending machine, cost about $2000 plus.
This excluding the cost of installing cashless payment system, around $500-$1000/machine.
Next, will be the cost of goods. Transportation and manpower.
Total up it will cost about $3000 plus to $4000 per machine if you want to start a vending machine business in Singapore.
Other machines such as bullet or coil vending machine will cost even higher.
how much does it cost to start a vending machine business
