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A TikTok couple has gone viral after buying a vending machine to raise some extra cash for their wedding.
Jade Davis explained in a now viral video posted to TikTok earlier this month how she bought a vending machine for just $250 and made nearly $150 in three weeks — after selling the snacks for only about 50 cents each.
In her video posted Oct. 3, Davis first shared how she and her fiancé, Will, bought the vending machine and rushed to Sam’s Club, where they spent $315 on snacks plus the cost of the $45 annual membership. .
In total, she said, the original investment cost the pair just $615 — a steal given that vending machines alone can cost more than $1,000, according to NerdWallet.
The pair are now continuing to add new offerings to the machine based on suggestions from other TikTokers, revealing which items have sold well — including Honey Buns, Nutty Buddies and Goldfish — and which snacks haven’t been profitable, such as cheddar puffs and Skittles.
At the same time, they are encouraging others to get into the snack-on-demand business.
“Maybe I’ll put one on my front porch for all the Amazon and FedEx guys,” joked one user, Blondie’s Garden.
Jade Davis explained in a now viral video posted to TikTok earlier this month how she bought a vending machine and made nearly $150 in three weeks.
She said she and her fiancé, Will, could buy the vending machine for just $250
They then ran to their local Sam’s Club, where they spent $315 on snacks, as well as the $45 annual membership fee.
In total, she said, the original investment cost the pair just $615 — a steal considering vending machines alone can cost more than $1,000, according to NerdWallet.
Many responded to the video asking Davis about the logistics of owning a vending machine, such as whether they should pay the company it’s in and how to get a vending machine for such a cheap amount.
In response, Will explained that one of his colleagues had sold the machine to them for little money after working with it for years. They now keep it in its original location, Will’s workplace, near the bathrooms.
User MJStokes489 then asked the pair to find out if the coworker has any other machines he’d like to sell, writing that he needs “the extra income stream.”
Others offered Davis suggestions to help her save money, including buying the snack online from the wholesaler and using the Rakuten cashback app to get 8 percent back on their purchases.
And many have criticized the pair for selling the snacks for such a cheap price, but Davis has said that since they “took [the machine] left over from someone who’s been running it for years,” they plan to “slowly” raise prices in an effort to keep their customers happy.
Many TikTok users responded to the video asking how they could get a vending machine for as little as $250. In response, Will explained that one of his colleagues sold the machine to them cheaply after working with it for years.
The couple now keep it in its original location, Will’s workplace, near the bathrooms, selling the snacks for only about 50 cents each.
They also share with TikTok users which snacks are selling well and take suggestions from users about what to add to the machine
But Davis and her fiancé aren’t the only ones to find success in the vending machine business.
Marcus Gram, 31, started his own vending machine business in 2018. It now brings in more than $300,000 a year, he wrote in a column for CNBC.
Gram told how he had lived with his mother in Rochester, New York, where he had a $17 an hour management job in hopes of saving enough money to buy a rental home that could generate passive income.
“But one day a new idea of circumstance arose when my friend saw a woman withdrawing money from a vending machine.”
He then moved to Philadelphia and bought two machines, making $5,000 in his freshman year.
Gram now operates 21 vending machines in Baltimore, Philadelphia, Detroit and Washington DC and is on track to generate more than $50,000 in sales by the end of the year.
He also began offering an online course on how to start a vending machine business, and selling an eBook on the process – making $90,000 from it, and now plans a one-on-one coaching and consulting program. to launch.
His goal, he said, is to expand his business to more states, build a team, and eventually open his own vending machine warehouse.