Do you want to start a coin operated business but you lack ideas? If YES, here are 50 best profitable coin operated business ideas & opportunities for 2020.

Starting a coin operated business is one sure way of leveraging technology and retailing to make money. A coin operated business is a retail business that does not require face to face interaction with customers, and can be run 24 hours a day depending on the location.

This business is one that offers operator flexibility because it can be tailored to suit the lifestyle of the owner, thereby creating a balance between work, life and family. Entrepreneurs can also go into other businesses, while running the business part time.

Basically, anyone can start a coin operated business as it isn’t financially tasking to start. For example, you can purchase a used vending machine even that of a popular brand at a cheap price, and still get the most out of it. The vending machine business doesn’t require any expertise or know-how, and any serious – minded entrepreneur is likely to make good profit out of it.

If you are interested in starting a coin operated business in the United States of America, here are the best coin operated business ideas you can comfortably choose from;

17 Best Coin Operated Business ideas & Opportunities

  1. Start Vending Machine Business

A vending machine is a coin – operated machine that dispenses items such as beverages, snacks, lottery tickets, alcohol, cigarettes, perfumes, toys, candy and so much more. There are very strict laws regarding the sale of alcohol and cigarettes through vending machines though, due to concerns regarding underage buyers.

This business offers operator flexibility, because it can be tailored to suit the lifestyle of the owner, thereby creating a balance between work, life and family. Anyone can start this business as it isn’t financially tasking to start. The vending machine business doesn’t require any expertise or know-how, and any serious – minded entrepreneur is likely to make good profits out of it.

  1. Self-service Laundry/Laundromat

Another coin operated business that an entrepreneur should consider starting is a self – service laundry business. A self-service laundry, coin laundry, laundromat or coin wash is a facility where clothes are washed and dried without much personalized professional help.

Most laundromats in the US are fully automated and coin-operated and generally unmanned, with many operating 24 hours a day. On-premises laundromats are found in locations such as hospitals, student residences at universities, or apartment blocks. Facility managers/maintenance staff work directly with machine distributors to supply and maintain washers and dryers. Use of the machines are primarily reserved for the residents of these facilities.

  1. An Arcade Game

If you are looking towards starting an ideal coin operated business, then you should consider starting an arcade game center. An arcade game or coin-op game is a coin-operated entertainment machine typically installed in public businesses such as restaurants, bars and amusement arcades. Most arcade games are video games, pinball machines, electro-mechanical games, redemption games or merchandisers.

  1. Bulk Vending

Another coin operated business that an aspiring entrepreneur should consider starting is a bulk vending business. Bulk vending is the sale of unsorted confections, nuts, gumballs, toys and novelties (in capsules) selected at random and dispensed generally through non-electrically operated vending machines.

Bulk vending is a separate segment of the vending industry from full line vending — i.e., the snack and soda vending industries — and involves different products and strategies. Bulk vending represents less than 1 percent of the total vending industry. Operation of bulk vending equipment is usually fairly straightforward for the consumer, involving placing the appropriate coin or coins in the machine and turning a knob or pulling a lever.

If candy in a machine is low, however, and it appears unevenly distributed, the customer may wish to rock or whack the machine in order to knock some candy into the candy wheel, which is located in the bottom of the canister in the center.

  1. An Amusement Arcade

If you are looking towards starting a coin operated business, then one of your options is to start an amusement arcade. An amusement arcade (often referred to as a video arcade or simply arcade) is a venue where people play arcade games such as video games, pinball machines, electro-mechanical games, redemption games, merchandisers (such as claw cranes), or coin-operated billiards or air hockey tables.

In some countries, some types of arcades are also legally permitted to provide gambling machines such as slot machines or pachinko machines. Games are usually housed in cabinets.

  1. Newspaper Vending Machine

Another coin operated business that an entrepreneur should consider starting is a newspaper vending machine business. A newspaper vending machine or newspaper rack is a vending machine designed to distribute newspapers. Newspaper vending machines are used worldwide, and they are often one of the main distribution methods for newspaper publishers.

  1. Start a Coin Operated Bicycle Sharing Business

A bicycle-sharing system, public bicycle system, or bike-share scheme, is a service in which bicycles are made available for shared use to individuals on a short – term basis for a price or free. Many bike share systems allow people to borrow a bike from a “dock” and return it at another dock belonging to the same system.

Docks are special bike racks that lock the bike, and only release it by inserting a coin and computer control. The user enters payment information, and the computer unlocks a bike. The user returns the bike by placing it in the dock, which locks it in place. Other systems are dock – less. For many systems, smartphone mapping apps show nearby available bikes and open docks.

  1. Start Ice Vending Machine Business

An ice vending machines business is one of the coin operated business ideas that can thrive in the United States of America. An ice vending machine business is a retail business that does not require face to face interaction with customers, and can be run for 24 hours a day depending on the location. This business offers operator flexibility, because it can be tailored to suit the lifestyle of the owner, thereby creating a balance between work, life and family.

Anyone can start an ice vending machine business; it isn’t financially tasking to start, as you can purchase a used ice vending machine even that of a popular brand at a cheap price, and still get the most out of it. The ice vending machine business doesn’t require any expertise or know-how, and any serious – minded entrepreneur is likely to make good profit out of this business.

  1. Start Lottery and Events Tickets Vending Business

Another easy to set up coin operated business that can be started in the United States of America is lottery and events tickets vending machine business.

The fact that most people would rather wait for late hours to purchase their tickets or at the venue of the events, makes lottery and events tickets vending machine business a viable business to run. In order to maximize profits in this line of business, you must ensure that you partner with key events managers/organizers and lottery companies so as to help them sell their tickets from your vending machine.

  1. Start Cigarettes Vending Machine Business

A cigarettes vending machine business is another viable and lucrative coin operated business that an aspiring entrepreneur can successfully start. If you are planning on starting this type of business in the United States of America, you just have to check the existing law so as not to be on the other side of the law.

There are very strict laws regarding the sale of alcohol and cigarettes through vending machines due to concerns regarding underage buyers. In the UK for instance; cigarette vending machines have been banned, and in Japan, Germany and Italy, age verification has been made mandatory.

  1. Start an Ice Cream Vending Machine Business

An ice cream vending machine business is another cool coin operated business that any serious – minded entrepreneur can successfully start and make cool cash from. It is a business that requires little training and skills to set up and managed.

If you are looking towards starting this type of business and you don’t have the skills, you can quickly learn the skills, it is likely not going to take you more than a week to learn how to make different flavors of ice cream. Even if you don’t have the required capital to purchase brand new vending machines, you can start with fairly used machines.

  1. Start Bottled Water Vending Machine Business

One of the most popular coin operated businesses in the United States is bottled water vending machine, a vending machine that dispenses chilled bottled water. You can find this type of vending machines in stadiums, public facilities, schools, office lobbies, hotel lobbies amongst others.

So, if you are looking towards starting a street vending machine business, then you should consider starting a bottled water vending machine business. It is a business that is known to do pretty well in most locations as long as people reside there.

  1. Start Frozen Yogurt Vending Machine Business

Frozen yogurt vending machine business is yet another money – spinning and flourishing coin operated business that is open to all and sundry. Yogurt and Ice cream are consumed by almost everybody in our planet as such, anyone who chooses to establish a frozen yogurt vending machine business in any part of the world especially in tropical regions or countries in the equator is sure going to get good returns on his or her investment.

  1. Start a Photo Booth Business

A photo booth business is no doubt one of the highly profitable and thriving coin operated businesses that an aspiring entrepreneur can successfully start and make money from. When we talk about photo booth which is popular in the United States of America, we are talking about a vending machine or contemporary kiosk that contains an automated, usually coin-operated camera and film processor.

However, a large percentage of photo booths that are in operation in the United States are digital. So, if you are considering starting a coin operated business, then one of your options is to start a photo booth business.

  1. Start Coffee Vending Machine Business

If you are considering starting a coin operated business, one of the options you can choose from is to start a coffee vending machine business. Starting a coffee vending machine business can be interesting at the same time rewarding especially if you situate your vending machines in strategic locations where you can easily attract coffee lovers. The fact that people drink coffee on the go makes it one of those businesses that is in high demand and as a matter of fact can be profitable.

  1. Start Change Vending Machine Business

Another popular and lucrative coin operated business that an investor can start in the United States is change vending machine business. The machine is also called a change machine.

A change machine is a vending machine that accepts large denominations of currency and returns an equal amount of currency in smaller bills or coins. These change vending machines are used to provide coins in exchange for paper currency. So, if you are looking towards starting a coin operated business, then one of your options is to start change vending machine business.

  1. Start Stamp Vending Machine Business

Stamp vending machine is yet another viable and lucrative coin operated business that can thrive in most countries of the world. A stamp vending machine is a mechanical, electrical or electro-mechanical device which can be used to automatically vend postage stamps to users in exchange for a pre-determined amount of money, normally in coin. So, if you are looking towards starting a coin operated business, then you should settle for stamp vending machine business.

Solomon. O'Chucks