Mike Hoffmann
@MrPassive_
Don’t spend $5,000 on a nice watch. Instead, invest in a Micromarket that can pay you $5,000 every month. (One of mine makes $17k/month). Best part? No big down payment needed. Here's how you can start yours:
1. What are Micromarkets? Micromarkets are the future of passive income. They're basically high-end vending machines: • 0 employees needed • High profit margins • Unlimited earning potential I've placed 5 myself & helped countless others do the same. Now, to get started…
2. You first need to find the perfect location. Look for high-traffic areas like: • Office buildings • Apartment complexes • Manufacturing facilities Reach out to property managers by email, phone, or in person.
When pitching, refer to your micromarket as a "luxury amenity." Make sure to highlight the benefits: • No staff required • Added convenience for tenants/employees • Puts them ahead of the competition If they're interested, set up a contract and move forward. Next up:
3. Buying your Micromarket. The average unit costs ~$10,000. But you can finance with $0 down at a 10% interest rate. That's just a $200/month payment - easily covered by your profits. My top recommendation? Micromart.
4. Once you've secured your location and micromarket, it's time to set up shop. • Get your unit delivered • Fully stock the shelves and coolers • Set your product prices • Ensure smooth operation • Start collecting that cash! After the initial setup, the rest runs on autopilot. Now, let's talk profits…
5. Micromarkets typically have a ~50% profit margin. • 40% goes to product costs • 10% to fees (software, revenue share, CC transactions). If your micromarket brings in $3k/month (a conservative number)... That's $1,500 in your pocket after expenses. Now imagine having 10 locations…
This is just a small taste of what micromarkets have to offer. My students in the Vendingpreneur community are on track to make $5k-$8k/mo with their first locations. & I genuinely believe this is one of the most underrated ways to make money these days. Ps. Here's mine that makes $17,000+/month:
What are your thoughts on this? Let me know below. & If you want to learn more about passive income… Follow me @MrPassive_ for more content like this.