Vap
Vape Vending Machines
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 23
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Vape vending machine regulations in Ohio are predicted to standardize within 5 years to a $250 per machine per year permit system, similar to Kentucky.
"From what I hear probably within 5 years they'll do essentially what they do in most states and you'..."
Jun 28, 2025
Pending
Ohio's current laws for vending machines are outdated and are expected to change, with a push to reclassify certain items including skill gaming machines.
"So, it's it's a little bit outdated in that sense. Yeah. I'm I'm sure that'll change. Um they're loo..."
Jun 28, 2025
Pending
It is predicted that within 5 years, most states will adopt a standardized permit system for vape vending machines costing $250 per machine per year.
"From what I hear probably within 5 years they'll do essentially what they do in most states and you'..."
Jun 28, 2025
Pending
A specific type of coil-based vending machine is considered aesthetically pleasing and well-designed.
"The coilbased vending machine is right here. The inside is just a normal coil based vending machine...."
Jun 28, 2025
Pending
The most challenging aspect of the vape vending machine business is securing desirable locations and negotiating with property owners.
"The hardest part is going to be securing a location like this and negotiating with the owner."
Jun 28, 2025
Pending
Augmented reality technology will be used via a mobile app to visually place vape vending machines in potential locations, demonstrating their small, sleek design to business owners.
"So, it uses augmented reality technology. All you do is pull out your phone, click a button, and it'..."
Jun 28, 2025
Pending
The profit margin on Geek Bars sold in vending machines is $17 per unit (cost $8, sell $25), with an additional 10-15% commission paid on revenue to the location.
"So your cost of goods eight and you sell for 25 $17 in portion. And commission to the place is typic..."
Jun 28, 2025
Pending
A free app and scripts for securing initial placements for vape vending machines will be provided to viewers of 'Investment Joy'.
"There will be a link to both download that and some scripts on how to get your first placement. It's..."
Jun 28, 2025
Pending
The speaker believes vape vending represents one of the most profitable vending opportunities encountered.
"This is one of the most profitable vending plays that I have ever seen and ever had the opportunity ..."
Jun 28, 2025
Pending
A specific vape vending machine in a well-negotiated location is projected to generate over $60,000 in revenue this year, resulting in approximately $40,000 profit from a machine costing just over $5,000.
"This vending machine does 5,000 a month. Yep. You've obviously negotiated a great location here. It'..."
Jun 28, 2025
Pending
In Florida, vape vending machines can be placed anywhere provided they have an operational lockout device, requiring a staff member to remotely disable the screen.
"So, like for example, Florida, you can have a vape vending machine anywhere as long as you have what..."
Jun 28, 2025
Pending
Ohio restricts vape vending machines to bars and 18+ venues, with current laws being outdated and based on regulations for older cigarette machines.
"And we have that in Ohio. You can only place them in bars bars and places that are like 18 plus. Oka..."
Jun 28, 2025
Pending
A specific bill acceptor on a vape vending machine only accepts exact change, as the internal space is insufficient for a change-dispensing hopper.
"So, the one thing about it is it only accepts exact change. Okay. Which is fine, but like the inside..."
Jun 28, 2025
Pending
Smart vape vending machines offer remote management capabilities via a smartphone, allowing users to track inventory and update product images.
"So, you can basically do everything from your phone. How much inventory you have, you can change the..."
Jun 28, 2025
Pending
The cost of a vape vending machine can be recouped within a few months due to its profitability.
"So, it pays itself off in a couple months."
Jun 28, 2025
Pending
The discussed vending machines are 'smart,' allowing for remote management of inventory and product image updates via a mobile phone.
"Yeah. So, these are smart machines. So, you can basically do everything from your phone. How much in..."
Jun 28, 2025
Pending
A new, cheaper vape vending machine model holding eight products will be available for $2,600, though not yet in the showroom.
"We do actually have a even cheaper unit that only holds eight. We don't have any in the showroom yet..."
Jun 28, 2025
Pending
A prototype vape vending machine with 24 slots is functioning well and is slated for mass production.
"This is the one I was talking about that had 24 slots. You said this is the prototype. Yes, this is ..."
Jun 28, 2025
Pending
A specific vape vending machine is projected to achieve over $60,000 in revenue for the current year, and is on track to generate $20,000 in sales for the month.
"So, it'll be on track to do 20,000 already this year. Yep. So, it's going to do over six based on yo..."
Jun 28, 2025
Pending
Geek Bars cost $8 to procure and are sold for $25 in the vending machine, with a specific aisle completely selling out.
"Each one of these geek bars is $8. And as you can see, this aisle ran out. Totally out. So every one..."
Jun 28, 2025
Pending
A particular vape vending machine is expected to generate over $60,000 in revenue this year and is on track to hit $20,000 in sales for the current month.
"So, it'll be on track to do 20,000 already this year. Yep. So, it's going to do over six based on yo..."
Jun 28, 2025
Pending
The projected profit for a vape vending machine costing just over $5,000 is $40,000, based on current margins.
"And based on your margins, it's going to make $40,000 off a machine that's only a little over $5,000..."
Jun 28, 2025
Pending
A prototype vape vending machine with 24 slots is fully functional and will proceed to mass production.
"This is the one I was talking about that had 24 slots. You said this is the prototype. Yes, this is ..."
Jun 28, 2025
Pending