The Perfect Guide on How to start a cooking oil ATM business in Kenya
Have you been considering starting a cooking oil ATM business also known as salad ATM business or cooking oil vending business? Here’s the perfect guide on how to start a cooking oil ATM business in Kenya. In this article we will share a few insights that we know will help you be able to start off on the right foot and have success in this business.
Guide on how to start a cooking oil ATM business in Kenya
Let us have a look at some of the most important elements to consider and how to proceed before starting a cooking oil ATM business in Kenya.
Important factors to consider before starting a cooking oil ATM business in Kenya
Consider the following characteristics that apply to practically every business before venturing into the cooking oil ATM industry anywhere in Kenya:
Conducting a market research
Doing a good market research helps you know if your product will be received by your target market. It also helps you know how competitive that market is. With a god market research, you are also able to see the weaknesses and strengths of any existing competitor and know how to capitalize. For such a business, you don’t have to adopt complex scientific research methods.
Ideal Location
Location should be at the top of your list of priorities. The business should be positioned in an excellent location where you will be conveniently accessible. You can’t make a living in this industry if your store is in an internal backyard like those illegal brew dens. This is a facility that caters to people of all ages. Some parents even send their children to purchase cooking oil, so it should be easily accessible and stored in a secure location.
Work permits and business licences
You must obtain the proper permits/licences from the local authorities, just like any other business. You do not need to seek new licences for the salad oil ATM section of the business if you are setting it up alongside an existing corporation for which you have the relevant papers. A shop, a supermarket, a cereal shop, and so on are wonderful examples of businesses that can run efficiently alongside the salad oil business.
Salad vending machine/cooking oil dispenser/cooking oil ATM
This is the most crucial and valuable piece of equipment you will require for this business. The cooking oil dispenser should be of good quality and able to run properly without breaking down from time to time. As a result, you must look for a reputable supplier who can produce one for you at a reasonable cost and of the finest quality.
Where you source your salad oil stock
It is critical to have a dependable and economical salad oil provider or source. However, given the abundance of wholesalers in many urban areas, this should not be a problem. You can also connect with distributors of companies that manufacture salad oil to provide you when they distribute to wholesalers.
Market price of salad oil
Your prices must be competitive or no one will buy from you, especially if others in the same neighborhood are selling salad oil. Your pricing should also be low enough that someone would choose you over a certain brand at a shop or supermarket.
Above are some of the most important elements to consider before starting a cooking oil ATM business in Kenya.
Final thoughts
From the above guide on how to start a cooking oil ATM business in Kenya, we have seen that starting a cooking oil/salad oil vending business is an inexpensive venture that doesn’t require any special training.
Remember that you need to do a market research, identify a location and right premises, know where to buy your stock of salad oil and know the right competitive price. Finally you must buy a high quality cooking oil ATM from a good manufacturer. This takes us to the next point and that is where to buy a salad ATM in Kenya.
Where to buy a high quality salad ATM in Kenya
If you are in the market for a high quality cooking oil ATM also known as salad ATM or cooking oil vending machine then you have come to the right place. Gditech Kenya is an established and reliable manufacturer of high quality cooking oil dispensing machines in Kenya.
You can order one by visiting our manufacturing facility in Ruiru behind Kihunguro Shell petrol station along Thika super highway.
You can also call us, send WhatsApp message, email us or fill out a contact us form. We look forward to serving you.
