The SIC Code for Vending Machines: An Overview

What is SIC code for vending machines?
SIC Code 3581 SIC Code 3581 – Automatic Vending Machines.
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In public places, vending machines are a regular sight and offer a quick and easy option for customers to buy food, drinks, and other products. Vending machine firms are categorized under a specific Standard Industrial Classification (SIC) code, just like any other industry. We’ll look at the SIC code for vending machines in this post and respond to some pertinent queries, such how much a Coca-Cola machine costs and how much a Coca-Cola Freestyle machine costs.

Which SIC code applies to vending machines?

The SIC code for vending machine enterprises is 5962, according to the U.S. Census Bureau. This code applies to businesses who predominantly operate self-service vending machines for the sale of food, beverages, and other goods. Both companies that own and run their own vending machines and those who offer vending machine services to other businesses are included in this category.

Businesses that operate vending machines that offer prepackaged items including candy, chips, soda, and coffee fall under the SIC code 5962. However, it excludes companies who specialize in using vending machines to serve prepared or fresh items like sandwiches, salads, or hot meals. What Is the Price of a Coke Machine?

A coke machine’s price might vary significantly based on the model, its features, and its state. A brand-new soda vending machine typically costs between $1,500 and $10,000 or more. With costs ranging from $500 to $3,000 depending on their age and condition, used machines are often less expensive.

The size, capacity, and variety of options available in a coke machine can all have an impact on how much it costs. Generally speaking, machines with more options and greater capacities will cost more. Furthermore, more recent devices could come equipped with more expensive features like touch screens or cashless payment choices. What Is the Price of a Coca-Cola Freestyle?

The more recent Coca Cola Freestyle vending machines give customers access to a wide range of beverage alternatives, including personalized flavor and combination possibilities. Restaurants, movie theaters, and other public places frequently have these machines.

Depending on its size and features, Coca-Cola Freestyle machines can range in price. The cost of a new machine, according to Coca-Cola, ranges from $2,000 to $11,000. For companies who would rather not buy a machine completely, the company also provides leasing options.

Businesses will need to account for the cost of supply and maintenance in addition to the machine’s purchase price. Coca-Cola offers continuous assistance and upkeep for its equipment, but firms must buy syrups, carbon dioxide, and other supplies to keep them functional.

In conclusion, businesses that deal with vending machines fall under SIC code 5962. Depending on its age, size, and features, the price of a coke machine can range from $500 to $10,000. Coca-Cola Freestyle machines typically range in price from $2,000 to $11,000 plus ongoing maintenance and supply costs. Understanding these expenses and categories will help you make an informed choice whether you’re wanting to establish a vending machine business or simply buy a machine for your workplace.