Hi everyone, I work at a community swim and racket club and I have an opportunity to buy a pretty new(about 8 years old..maybe?) Coke Vending Maching in a pretty good location. Of course during winter time it won't get much traffic, but during the summer time and spring and fall it should be pretty good. It would get tennis player traffic and pool traffic. IT isn't in the pool area but near a gazebo kids like to hang out at. I would do gatorate, energy drinks and of course sodas. I can get the vending machine and the spot for 1200. I am buying it from one of the pros that teaches tennis here. I am a 18 year old kid..I have the cash in hand. I figured after about a year i could make my money back..What are you guys thinking? Do I have to pay taxes on the profit? I think it would be cool to do for a couple years.
Thanks everyone,
James