This article today may not be of any
interest to those in the US and UK for they have
seen such business in their parts of the world.
However, we do feel that such business opportunity
has enormous growth potential in countries where
such facility is lacking. When we talk about self
running kiosks, most people in the other parts of
the world would associate them with vending machines
for soft drinks, cigarettes and fat food snacks.
However, a company in Spain has
innovatively packaged a very interesting franchise
to cater for the mass media industry. They are
specializing on the provision of self running kiosks
or vending machines for the sale and display of
daily newspapers and magazines. Their innovation is
patented in 1998 and gives them exclusive rights to
their product.
The whole idea is of course to have
as many kiosks or vending machines placed
strategically in highly frequented areas. It goes
without saying that it doesn’t really sound that
easy. Such ideas would of course require permissions
from the local authorities. Nobody in this world
could simply place money making machines in public
areas. So, you would have to do your homework and
work out a plan if you are really serious on having
such franchise as your business venture. According
to KiosCo24, the profits varies but it should be
somewhere in the range of 20% in average. That’s not
bad considering that you are dealing with one of the
world’s top fast selling daily items! Let’s face it;
everybody bought one or two newspapers and some
magazines nowadays. If your location plan is up to
the mark, you can make a decent living from this
type of business.
As of time of writing, KiosCo24
requires interested franchisee to invest a minimum
investment of ₤10,000. Franchising processing fees
are around ₤500. Interested parties may contact
their Franchise Director, Ana Marķa Villaverde at
(+34) 986 702 981
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