June of last year my sister and I financed a 4,000 dollar vending machine. The vending machine was set up in the local non-profit bike shop Simple Cycle.The bike shop location did really well at first netting around $400 the first month. Sales didn’t drop till the school year and colder temperatures came, however, we were still sustainable and doing better then we had expected.
This is the point where I decided to make this my capstone. I was considering two options for expansion involving a charity next door called Joy in the City, where if sales stayed high, I would franchise a new vending machine, and if the sales dropped I would move the vending machine over to their building.. A few weeks after we got permission from Joy in the City to move over (sometime in october I think) they shut down, This was followed by the bike shop shutting down for the winter because the owner left. In the following months the machine struggled.