24Buy7 is an innovative venture born out of a simple yet impactful idea by a group of management students. The team, craving snacks and beverages on their campus, realized the need for an unmanned retail solution, especially when traditional food stalls were closed during the day. This led to the creation of a vending machine business, catering to the on-the-go needs of consumers, providing snacks and beverages anytime, anywhere.
Starting with their Alma Mater as their first customer, 24Buy7 expanded rapidly and now serves various clients across sectors such as corporate offices, educational institutions, hospitals, and residential complexes. With a focus on convenience, hygiene, and accessibility, 24Buy7 provides vending machines stocked with a wide range of snacks and beverages, available 24/7, through contactless, sanitized machines.
Partnership Details:
Why Vending Machines?
Vending machines have become a crucial part of the modern consumer experience, especially as social distancing and contactless transactions are becoming the norm. As a future-forward business, 24Buy7's vending machines provide a safe, hygienic, and convenient way for consumers to access snacks and beverages without physical interaction.
Corporate offices have already embraced vending machines to offer their employees quick, easy, and safe meals during long working hours. With multiple payment options, including UPI, cash, and debit/credit cards, these machines are designed to be user-friendly and accessible. The addition of contactless functionality ensures the safety of users, aligning with post-pandemic health protocols.
Business Opportunity
The vending machine industry is booming, particularly with growing demand for quick, contactless services. 24Buy7 offers a unique opportunity for trade partners to join in this expanding market. The investment required for a partnership is between Rs. 50,000 and Rs. 2 Lac, making it an affordable option for entrepreneurs looking to get involved in the vending machine business. Although there is no margin or commission offered, the impressive 60% ROI and the 1-2 year payback period make this a lucrative business opportunity.
By installing 24Buy7 vending machines at key locations like corporate offices, hospitals, colleges, schools, and residential societies, trade partners can tap into a market that values convenience, safety, and hygiene. The growing trend of vending machines in public spaces provides a strong foundation for long-term success.
The convenience of 24Buy7’s products, combined with a flexible and low-risk investment model, makes it an appealing business for anyone interested in the automated food and beverage service sector. With steady returns and quick capital recovery, this is a great chance to partner with a brand that has already established itself in key sectors.
Operations Commenced On 2018
Distribution Commenced On 2019
| Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
|---|---|---|---|
| DSA | Rs. 50000 - 2lakh | 0% | NIL |
Exclusive territorial rights to a channel partner Yes
Performance guarantee to Channel Partner Yes
Anticipated percentage return on investment 60 %
Likely pay back period of capital for a Channel Partner 1-2 Years
Other investment requirements Not required
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this dealership opportunity Domestic
How long is the dealership term for? 1 Year
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