Salad Cooking Oil ATM Business Idea

Sometimes identifying the right business idea guarantees you returns even if on a small scale can be a challenge. The main problem is that many people want a business idea that brings them instant riches and this is more often very elusive. It’s better to settle on a modest business idea that brings in modest returns but is steady over time. One such option is a salad cooking oil ATM business idea. In this post, we will discuss why we feel this would be a good side hustle business idea you can venture into.

Why we believe opening a salad cooking oil ATM business idea is a fantastic one:

There’s a ready market

It’s crucial to research the market before investing in any business to make sure there is a demand for the goods or services you want to provide. You can use this to decide whether it’s worthwhile to spend your money, effort, and time on it. In actuality, figuring out the market’s availability and studying it is quite beneficial.

There is a ready market for salad cooking oil ATMs, which is fantastic news. However, where you set it up also has a significant impact. You’re not going to get customers if it’s in a neighbourhood with a lot of wealthy or high-income residents. The residents’ ability to get name-brand cooking oil from the supermarket is the only reason for this.

You are therefore ideal for starting the firm in a neighbourhood with low-income levels. Most customers who cannot afford to purchase big volumes of brand-name cooking oil live in this area. Because their income only permits them to buy in tiny quantities occasionally, they prefer to do so. They can’t afford to spend a lot of money on things like cooking oil because they also have other responsibilities.

As a result, shopping in smaller quantities more frequently becomes more advantageous for them since the majority of them do not receive monthly salaries. The business potential is located there. Customers can purchase what they can afford because the ATM can be configured to dispense cooking oil for as little as Ksh10 bob. Even though you wind up earning a lot of sales in tiny amounts, your profits are higher than those of those who sell brand-name cooking oil in bulk.

Requires a minimal amount of money to start

Due to its extremely low startup costs, this form of business does not require a lot of capital to get off the ground. You can launch this business with as little as KSh60,000 in startup capital.

Let’s assume you already have business premises where you operate. Here’s a quick breakdown:

20ltr Salad ATM from Gditech- Ksh 45,000

20ltrs Cooking oil- KSh 2,500

Business permit Ksh 2,500

Miscellaneous Ksh 10,000

Total= Ksh 60,000

Requires a small space

For the salad cooking oil ATM machine, a large workspace is not required. A 2×2 meters space will do. Since the single ATM is not large, it may fit in a tiny area. You may even rent space from an established company.

Can easily be added to an already existing business.

As previously mentioned, the salad cooking ATM only takes up a little amount of space, making it the perfect addition to an already existing business like a regular shop. You don’t need to rent a different space if you already have a shop. If you can spare space of just 2M2 that’s enough.

Perfect for a side business

Do you need a second source of income since you are currently working or have other businesses to run? Starting a business selling salad cooking oil ATMs might be quite successful for you. We produce cooking oil dispensers with password-protected digital PLC units so that you can hire someone else to work for you without worrying that they’ll steal from you.

To check if the numbers match, you can see the sales records for reconciliation. The PLC unit also aids in price adjustments and is tamper-proof due to its password protection. Because of this, you may go away from the firm and trust that it will continue to run well.

Conclusion

If you have ever wanted to have a side hustle or just want to start a business but don’t know which one would be ideal to start on a low budget then the salad vending ATM business is an option you should consider. Reselling cooking/salad oil in small affordable quantities for even low-income earners is a tried and tested idea. In this business, the main equipment you need is a salad cooking oil ATM. And that leads us to the next point. Where do you buy a high-quality salad ATM? See below.

Buy a salad cooking oil ATM from Gditech today

If this seems to be a worthwhile business you’d like to start, purchase a salad cooking oil ATM from Gditech right away. You need to get the most crucial thing correct. We are Kenya’s biggest producer of high-quality cooking oil ATMs. If you require one, get in touch with us immediately.

Reach us via WhatsApp, phone call, email, or filling out the contact us form.