A trolley for preparing and dispensing drinks, with individual drink selection such that the drinks are prepared from cold-water and hot-water tanks and extracts. The component parts of the drink are fed via connecting lines, by pumping units, by way of a dispensing unit and are filled into a drinking vessel. It is for this purpose that the dispensing unit can be adjusted from an upper, operating position into a lowered, storage position, in which it is incorporated in the construction of the trolley, beneath an upper boundary surface. The dispensing unit has a dispensing location with a plurality of feed openings in a dispensing head, which is arranged above an inserted drinking vessel, such that each feed opening is connected to, and controllable by, a separate feed line for hot water and cold water and extracts.