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Can co ops own and operate vending machines?

Updated: 8/17/2019
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A co-operative real estate ownership organization is a fully-licensed corporation.

As such, the board of directors may decide to adopt vending machines as a legitimate extension of their business model.


Unless governing documents specifically exclude vending machines, operating vending machines may be permitted.

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Q: Can co ops own and operate vending machines?
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Related questions

How do you own a vending machine?

There are serveral was in which you can own a vending machine. You can first find a vending service company. They will come in with machines and fill the machines and are responsible for maintaining those machines. You will have to pay them for their service and you wont reap the profits. Nest you can just buy a machine out right. You can find great deals on vending machines all over the internet. There and new and used vending machines available from some credible companies. Do the research and you can find a great deal.


How do you start a vending business?

A vending business can be started independently. Once a vending liscense is obtained a person can purchase their own vending machines and choose optimal locations.


What has the author Anne Rawland Gabriel written?

Anne Rawland Gabriel has written: 'Entrepreneur magazine's how to start a vending business' -- subject(s): Handbooks, manuals, New business enterprises, Vending machines 'Start your own vending business' -- subject(s): Entrepreneurship, Management, New business enterprises, Vending machines


Where can I buy a vending maching to put in my office building?

1-800 vending is one of the popular vending machine that you can place in your office building. You can buy and make payments or you can lease to own your vending machine. AAA Vending in Burlington NC is a great supplier of refurbished vending machines. I used to work there and they take great care to make sure the machines are as good as new, yet sell for almost half the price of a new machine.


How do I get a vending machine for my lobby?

There are vending machines that specialize in giving the equipment to your company for free (but they still own it). They provide all the snacks and you don't pay for anything. Look under the yellow pages or online for "Vending". You have several choices when looking to add vending options to your lobby. You can go at it alone and buy you own vending machine from places like sams club which have a whole assortment of vending machines which will then have to stock and change yourself. Or you can hire a vending company to come and install a machine and take care of it for you. The difference is of course cost. If you feel you will have a lot of purchases then buy one yourself. If you feel that it will only be used modeterally then you may want to hire a vending company.


How can one start their own combo vending machine business?

To get into the combo vending machine business there are two routes. You could find an established business and purchase it. You can find them occasionally in the classified ads. The other route is to buy some machines and approach different businesses and offer to locate your machines in their place of business.


Do you need a permit to own a vending machine?

You will not need a permit to own a vending machine, but you will need licenses and/or permits to operate them in any stores or other businesses. The type of license and permit you need will depend on your state, county and city. You do not have to have a permit to own a vending machine. You will need a license if you are looking to make a business by buying or selling the items out of the machine. It depends on where you live. Some municipalities require a vending license, which would be displayed somewhere on the machine. Contact the Department of Revenue in your city or county to inquire.


Operating a Successful Vending Machine Business?

With the downturn in the economy causing record unemployment, job losses and layoffs, Americans are finding more creative ways to earn a living and gain financial freedom. Some opt for temporary and freelance workorpursue educational opportunities. Still others choose to strike out on their own and start their own small businesses.The vending machine business opportunity is just one of the many ways that Americans are finding ways to be financially solvent and take charge of their future.Every where we go, we see vending machines at work. At gas stations, in laundromats, in schools and in apartment complexes. The vending machine industry is recession-proof, and many people own vending machines to supplement or even replace their full time income. Vending machines work 24 hours a day, 7 days a week and don't take sick days or show up late. They can generate up to thousands of dollars per month, and provide their owners with the ability to work part time, yet earn a full time income.The vending machine business opportunity is not limited to gumball and soda machines. Vending machines come in many forms.From machines that dispense change, to internet computer kiosks to machines that read your blood alcohol content, there is a vending machine for any interest.As with most commercial enterprises, having the right piece of real estate makes all the difference in the success of your business. The first step in enjoying a successful vending machine business is to find the right location for your machine. Place snack machines in areas where people will be waiting such as automotive garages, laundromats and doctor's offices. A massage chair vending business would find a shopping mall to be a prime location to bring in the big bucks. A vending machine that dispenses toys would thrive in an arcade, a pizza parlor or a movie theater.Many people who are interested in the vending machine business opportunity think that the market is saturated and that all of the good locations are taken. This is not the case. New businesses pop up every day, and the owners would greatly benefit from being able to attract more customers with your vending machines. Offering the business owner a percentage of your monthly profits also goes a long way in being able to secure a good location.The vending machine business opportunity can be a lucrative source of income for the right person. By choosing the right product and filling a need, you'll be rolling in dough (or coins!) with your new vending machine business.


Where can you get a soda vending machine?

Many people have several in their basements or garages. They were fooled by the hype of becoming rich with vending machines, however they did not think far enough ahead, and found they could not place these machines. It takes public places or private companies with enough employees to make them profitable. The managers or owners of such places have their own machines and make the money for themselves. Many companies selling items used in these machines ofter loan them to places if all products are purchased only from them - Snacks, sodas, etc.


How would someone own a vending machine franchise?

There are a few steps to follow if one wants to start their own vending machine franchise. The first thing one should do is visit sites such as SmallBizBooks and Vending Times to do the necessary research. Make sure to chose a vending machine based on location and will probably have to pay a percentage to the site where the vending machine is located.


Pro's about vending machines in school's?

the kids can buy snacks and get water and drink healthy drinks blah :) And besides y cnt kids bring ther own snaks if we pay school fees anywayz?????


Why does the drink not freeze in a vending machine?

Because of the sugar content. People who buy drinks from vending machines want something liquid, that they can actually drink. It would defeat the whole purpose of the vending machine if the temperature were set so low that the drinks freeze. It is also true, as the first answer states, that carbonated, sweetened beverages in cans do not freeze as easily as pure water would in an open container. To some extent, these drinks come with their own anti-freeze.