Interested in building a high-revenue, low-maintenance side hustle? Based on the explosive success of operators like Ethan Kohan, who built a million-dollar-a-year business with over 100 machines, we’re breaking down the exact process to launch your own successful venture.
Whether you’re new to vending or looking to scale, these five steps are your roadmap to success using the AMG Vape Vending Machine.
1. Location First, Machine Second
The most critical rule is: you don’t have a business without a location. Before buying, lock in a high-traffic spot where your target demographic (ages 21–35) spends time late at night.
- Top Locations: Bars, nightclubs, casinos, and late-night venues.
- How to Find Them: Use Google Maps and social media to research downtown areas with popular venues open until 2:00 a.m. – 4:00 a.m.
2. Perfecting Your Pitch
Lead with the value you provide to the venue owner. An AMG Vape Vending Machine keeps customers in-house, preventing them from leaving to find nicotine, which protects the bar’s drink sales and tips.
- The Profit Split: Offer a fair split of around 20% of profits. Explain that unlike ATMs, you have inventory costs to cover.
3. Choosing the AMG Vape Vending Machine
Don’t settle for bulky, outdated snack machines. The AMG Vape Vending Machine is designed specifically for high-end nightlife environments.
- Built-In ID Verification: Fully compliant and non-negotiable for age-restricted items.
- Cashless Payments: Comes equipped with a Nayax credit card reader to support modern payment habits.
- Ad Capabilities: Features a sleek LED screen that you can use to run advertisements for extra revenue.
- Sleek Design: Compact and wall-mounted, fitting seamlessly into lounge corners.
- Affordable Entry: While many smart machines cost $4,000–$6,000, AMG models start from just $1,500 USD.
4. Stocking High-Demand Products
Provide immediate convenience to people on an impulse—the “economics of desperation.”
- Top Sellers: Vapes, nicotine pouches (Zyn), pre-charged phone chargers, “Mystery Bags,” and hangover prevention gummies.
- Convenience Pricing: Set prices 15% to 25% higher than a convenience store; customers are paying for the immediate availability.
5. Scaling Beyond a Side Hustle
The secret to growth is simple: reinvest. Take the profits from your first AMG machine and buy your second, third, and fourth.
- Delegate: Hire a part-time driver for restocking (about twice a month) so you can focus on finding new locations.
- Social Proof: Use your initial successful AMG installations as examples when pitching new partners.
Ready to get started on building your own vending route? With this 5-step framework, you have the exact blueprint used to create a million-dollar enterprise. It’s not about guessing—it’s about following a proven system and providing a much-needed convenience.