VENDING MACHINE BUSINESS
Available Reports on this Title –
http://meticulousbplans.com/product/vending-machine-business/
Business Feasibility Study Report Business Model Project Report Business Plan Detailed Project Report
Executive Summary and Analysis •
Vending machines offer advantages like providing fresh products to customers, offer personalization by tracking individual preferences, cashless payment solutions, providing 24 hours availability of goods depending on location, eliminating face to face interaction, etc.
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Installation of vending machines near the corporate centers, public places like railway stations, airports, bus stands, shopping malls would facilitate the retail sales of companies as well as facilitate the customers in buying daily items easily in a hassle-free manner.
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A few of the trends witnessed in this industry include the integration of big data & IoT, Facial recognition technologies, growing demand for retrofitting, the cashless economy. Consumers directing healthy food options like vegan and gluten-free products.
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As per MBP analysis, the global market for Vending Machine is valued to be $15.5 in the year 2020 and projected to grow at a CAGR of 16% year-on-year showing a good market potential.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Eternal Market
24*7 Service
2 1 Digitalization
3 Competitive Competitive Advantages Advantages
Business License
Land location
4 Required Technical Expert
5 Market Potential
Supply Chain and Logistics
Market Dynamics Growth Drivers • Technological innovations, automation, & advancements in the industry. • Increased preference of cashless transactions and convenient buying options.
Challenges • Finding prime location. • Maintenance of machine to keep it working smoothly.
Opportunities • Making the products directly available to the customers. • Providing 24 hours availability of goods. • New opportunities in pharma, education sector.
Threat • Rising competition. • Theft and vandalism.
Financial Summary •
Project – Vending Machine Business
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Products– Beverages, Snacks, Fruits & Vegetables, Medicinal products, Beauty and Cosmetics, Clothing, Accessories, Electronics, Etc.
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Initial Investment – 15 Lakhs INR (Approx.)
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Capital Investment – 10 Lakhs INR (Approx.)
Project Profile – Project Details Product Portfolio
Manpower Required
Legal Requirements
Vending Machine Business
Skilled Labor & Executives
Business & Industry Requirement
Products
Employment Generation
List
1.
Skilled Professional – XX
1.
PAN & TAN
2.
Operations executives -X
2.
Shop Act
3.
Marketing Executive – x (Sales & Marketing)
3.
GST
4.
Director – X (Admin, Operation, Marketing & Finance)
4.
Related License
Beverages, Snacks, Fruits & Vegetables,
Medicinal products, Beauty and Cosmetics, Clothing,
5.
XXX
6.
XXX
7.
XXX
Accessories, Electronics, etc.
8.
XXX
Start-up Budget and Operation Details Operation Details
Budget (INR) 1.
Pre-operative Expenses – XX,00,000
2.
Fixed Capital – XX,00,00,000
3.
Working Capital ( X Month) – X,00,00,000
4.
Total Investment – XX,00,00,000
5.
Cost Per Unit – XX INR
6.
Price Per Unit – XX INR
7.
Profitability – XX %
8.
BEP – XX Years
9.
ROI – XX %
1.
Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX %
2.
Working Days – X00 Per Annum
3.
Area Required – X sq. feet
4.
Power Requirement – XX – X00 Kw (x Phase)
Slide Title
Recent News(Timeline) & MBP Analysis •
Trinamool Congress MP from Jadavpur Mimi Chakraborty has helped set up a solar-powered sanitary napkin vending machine in a school at in Santoshpur (Kolkata), in a bid to benefit girl students.
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Founded by Prerna Kalra and Vidya Bhushan in April 2018, Daalchini essentially provides affordable, and healthy home-cooked food to professionals through its IoT-enabled physical and digital vending machines.
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Personal care giant Dove has recently installed a sustainably-made vending machine in New York that takes old plastic bottles as payment for body wash, which comes in a 100% recycled plastic container.
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Nagpur has got its first automated Pani puri vending machine that has been installed at Nagpur Chaupati after Ahmedabad and Bengaluru.
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