VendSpace Launches Platform for Finding Vending Machine Locations

via Business Wire
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The platform connects vending operators with property owners ready for breakroom vending services. Pre-qualified listings, two deal structures, and no cold calling required.

VendSpace is an online marketplace built for the vending industry. After launching earlier this year, the platform relaunches today with a faster, cleaner experience for operators looking to secure vending machine locations and for property owners who want reliable service in their buildings.

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VendSpace connects vending operators with property owners looking for breakroom vending services nationwide

VendSpace connects vending operators with property owners looking for breakroom vending services nationwide

The Problem

Ask any vending operator what eats up most of their time and it is not servicing machines. It is finding vending machine locations. Cold calling a building, waiting on callbacks, negotiating placement agreements, watching deals fall apart. Property managers deal with the flip side: random calls from operators they know nothing about and no easy way to figure out what a fair deal looks like. VendSpace was built to replace that whole process.

Two Ways to Lock In a Location

There are two ways to secure a vending machine location on VendSpace. With a Standard agreement, operators pay a one-time claim fee and the location is theirs. With a Revenue Share agreement, the operator places machines and splits a percentage of sales with the property owner. It works well for operators who want to grow without putting capital on the line for every new site.

Turnkey Locations

A portion of listings are marked Turnkey, meaning the property owner has already signed a placement agreement and the location is ready to go. Operators skip the negotiation entirely and move straight to installation.

"We built VendSpace because operators were spending more time hunting for locations than running their businesses. Our marketplace puts the deal in front of them so they can focus on running a great operation and growing their business."
Molubah Seley, Founder & CEO, VendSpace

About VendSpace

VendSpace is a nationwide marketplace for vending, micro-markets, and coffee services. The platform connects property owners with vetted operators through structured agreements and a straightforward closing process. Operators can browse available vending machine locations at www.thevendspace.com.

Most vending operators spend more time finding locations than running their business. We built VendSpace to fix that.

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VendSpace Launches Platform for Finding Vending Machine Locations | MarketMinute