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The Weird & Wonderful World of Vending

The Weird & Wonderful World of Vending

Published 4 years, 2 months ago
Description

Ujwal Velagapudi acquired a multimillion dollar vending empire with thousands of machines & 7 figures of cash flow. 

Themes from Ujwal's interview:

  • Big vending businesses vs. small
  • Building a big vending business by acquiring small routes
  • Economics of vending
  • Logistics of vending
  • Tiny acquisitions to build confidence & experience
  • Differentiating yourself as a buyer on MicroAcquire
  • Using phantom equity to hire general manager
  • Benefiting from OnlyFans growth
  • Working with a dishonest seller
  • Buying an online business
  • Buying an FBA business
  • Buying a small gym
  • Buying a historic neighborhood sports bar
  • Buying downmarket commercial real estate
  • Using Craigslist for acquisition of businesses & real estate

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