How Much Does It Cost to Lease a Vending Machine in Ireland?
leA lot of retailers in Ireland have taken to vending machines to expand their businesses. The outcome has been tremendously positive, with overall sales doubling or even tripling since the installation of these machines. With such definitive results, more and more business owners are looking to add this channel to their operations. The big question that many of them face is whether to lease a vending machine or to buy one outright.
Buying versus Leasing a Vending Machine in Ireland
Whilst both options do come with their own set of pros and cons, it appears as though a greater number of retailers are leaning towards taking out a lease on a vending machine in Ireland rather than actually acquiring their own equipment. If you are currently facing the same crossroads, here are some points worthy of your consideration.
The most noticeable variance would be the initial cost. Obviously, you would have to shell out more money if you decide to buy your own machines, as compared to paying only a few euros each month if you opt for a lease. But then again, leasing means you never stop paying for the machine. Whereas an outright purchase comes with just a one-time payment.
Also, if you lease a vending machine in Ireland, the fee might already come with maintenance and upkeep. Vending-Machines.ie, for instance, offers a comprehensive package. This package is inclusive of just about everything, from delivery to refilling and repairs. You can boost your sales with the machine without even lifting a finger!
Should You Buy or Lease?
Since all businesses have different revenue goals and funding abilities, there is no single best answer as to whether you should buy or lease a vending machine in Ireland. If you have been in the vending industry for a while, have already memorized the ropes of how you can make it profitable for your business, and have more than enough funds to make the purchase, then buying a machine makes the most sense.
On the other hand, if you are still testing the waters or are not yet completely committed to the vending machine business, it would be wiser to take out a lease first. You can see how it goes for a couple of months then decide later on whether you want to purchase or just continue with the lease.
The Cost of Leasing a Vending Machine in Ireland
The amount of money that you will have to pay for a lease on a vending machine would depend on the type of machine you need. You can lease a very simple vending machine for the very low price of about €130 per month, plus VAT. The more features there are, the higher the cost would be.
You can enjoy bulk discounts if you are going to lease multiple machines. For example, Vending-Machines.ie offers a Professional Package of 5 machines for a lease of €625 per month, plus VAT. Then can also see an Enterprise Package of 10 machines for €1480 per month, plus VAT.
If you are not sure as to which leasing options would be best for your business, just call Vending-Machines.ie. Our team of consultants can point you in the right direction.
