How Much Does It Cost to Lease a Vending Machine in Ireland?
In Ireland, there are two common ways to start a vending machine business. Either you buy your own machine or you take out a lease from a vending machine company. In this article, we will focus on the option of leasing, particularly on the cost that it will entail.
If you are looking for a specific answer, we can’t give you an exact amount because the prices are widely varied. However, we will give you some examples so you will have an idea of how much you need to allot per month should you decide to go down this road.
Factors That Affect the Costs of Leasing a Vending Machine in Ireland
The cost of leasing is not random but rather meticulously computed based on a lot of important factors, such as the following
Type of Vending Machine
One of the biggest deciding factors on the cost of the lease is the type of machine you pick. Here at Vending-Machines.ie, we have a vast range of machines that you can choose from. For a basic vending machine that sells snacks, for instance, you can expect to shell out less than €200 monthly, plus tax.
Take note that this amount is for simple machines that do not require refrigeration, heating, or other special features. As you can imagine, the price will be higher for more complex machines, reaching up to several hundred euros for the most high-tech automats.
Quantity of Vending Machines
The total lease price would certainly be bigger if you get more than one machine but typically, multiple machines also come with a discounted lease so you will actually be saving a lot. Here at Vending-Machines.ie, we offer special packages where we give such discounts.
For example, our Professional Package includes 5 machines and comes with a monthly lease price of €625. We also have the Enterprise Package that includes 10 vending machines and is priced at €1480 monthly. All these lease costs are not yet inclusive of VAT.
Advantage of Leasing over Buying a Vending Machine
Taking out a lease for a vending machine instead of purchasing one outright has advantages. The most obvious is the smaller initial cash outlay. A brand new automat can cost thousands of euros, too much for most starting business owners. A lease, however, costs only about a hundred bucks, making it more affordable. It also offers flexibility and easier budget management. Plus, leasing eliminates the need for large upfront payments, freeing up capital. Additionally, leased vending machines often include maintenance and support, reducing the burden. Lastly, leasing allows for easy upgrades to newer models, keeping the business competitive.
The monthly payments on a leased vending machine are fixed, so you can plan your budget accordingly. Also, repairs and maintenance are things that you don’t have to worry about since the provider will usually take care of these matters. If you eventually decide that the vending business is good for you and you want to own the machine, this can be easily arranged as well.
If you want to learn more about leasing a vending machine in Ireland, just call Vending-Machines.ie and we will be happy to consult with you for free!
