Franchise FAQ

how much is an ice house franchise

by Prof. Teresa Auer Published 1 year ago Updated 1 year ago
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IceBorn Water and Ice Vending/Ice House America

  • Cash Investment – $25,000 – $75,000
  • Net Worth – $150,000
  • Franchise Fee – $7,000 – $7,000
  • Total Investment – $111,550 – $242,845
  • Royalty Fee – 6 Percent

Ice House America
Ice House America franchisees can monitor their businesses remotely, and the ice machines require little upkeep aside from regular maintenance. To start an Ice House America franchise, interested parties need to pay a $7,000 franchise fee and provide a cash investment ranging from $25,000 to $75,000.
Oct 4, 2022

Full Answer

What is the average ROI of ice house America machines?

The average franchise has a 7-8% roi, and requires much more time and energy to run than our automatic machines. The stock market has an average return of 7%, and is highly volatile. Ice House America machine income doesn’t correlate with the markets.

Does ice house America’s machine income correlate with the markets?

Ice House America machine income doesn’t correlate with the markets. Other ice and water vending machines have higher maintenance costs than Ice House America vending machines, which is one of the reasons we make up over 80% of all retail ice vending sales in the country. Want More Detailed Pricing Information?

What is ice house America?

IceBorn is the franchise model for Ice House America, the pioneer in automated ice vending technology, with a global network of 3,500 independently-owned ice and water vending locations. IceBorn ice is produced on-demand from water filtered on site, so it’s safe, fresh and clean.

Can you lease your property to an ice house America?

This field is for validation purposes and should be left unchanged. Lease your property to an Ice House America ice vending business. Don’t let your parking spaces or available land sit idle, transform it into a moneymaker by leasing a small portion to us for a future ice vending machine location.

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Are ice houses profitable?

Average Sales The Ice House, which is the company's largest ice vending machine, can serve up to 50,000 customer visits per year. The beauty of ice is that it's a high profit product – it costs about $0.25 – $0.35 in raw material to produce an ice bag that might sell for $1.50 and $3.

How much does it cost to start an ice company?

Generally, the smallest machine, the Ice Merchant, costs about $43,000 and the largest model, the Ice House, costs about $150,000. There are many ways you might make this investment, including a bank loan, personal loan, savings, or selling other investments.

How much money does an ice machine make?

And the average ice machine makes $25k- to $75k a year. As I began looking deeper into the model, I started wondering how much I could make with these and what it would cost me. So, let's go ahead and break that down first.” “A good machine, they say, will sell 75 ten-pound bags per day,” Codie explains.

How much does an Ice House America cost?

Our models range from $60,000 to $135,000+. Prices do vary depending on optional equipment upgrades and installation costs. We have great success working with our clients to secure financing when necessary, and support you every step of the way. Talk to a location specialist to learn more.

How much do vending machines make a month?

$300 per monthThe typical vending machine generates over $75 of revenue each week and over $300 per month. Some vending machines generate much less than this, while some vending machines generate much, much more. The more well-placed, well-stocked machines an owner operates, the greater their profits and revenue.

How much does an ice machine cost to run?

Portable ice makers do not cost a lot of money to operate; in most cases, it's less than $1 a day.

Is there money in selling ice?

Based on typical pricing and average sales volume, you can expect to earn approximately $3,664 per month in net profit from your ice vending machine. Using those same assumptions, the expected gross revenue for the month would be $3,900 and estimated costs would be $236.

How much does a public ice machine cost?

Self-contained vs. ModularModular machines (including bin)Self-contained machines~ $3,000-$8,000 Depending on size~ $1,500-$5,000 Depending on sizeAug 21, 2020

Are ice makers worth it?

Ice makers are worth it as long as you use a lot of ice daily and have space for a new kitchen appliance. These appliances allow you to have ice on hand all the time, and they are the perfect option for people who don't have fridges with ice makers or who use ice frequently.

Are water vending machines profitable?

The longer you wait to order your Ice and Water Vending machine, the longer you'll have before you start making profits. Even a low-performing Ice & Water Vending location can make up to $1500 a month in profits so the longer you wait, the more money it costs you!

Are soda machines profitable?

Yes, vending machines can be profitable. The average vending machine earns $35 a week, but vending machines that are well-stocked and placed in safe, high-traffic locations can generate over $400 a month.

How do I start an ice and water business?

How to Start a Water Ice Cart BusinessSelect a Location. Find a location for your water ice cart. ... Obtain Permits and Licenses. Secure a food permit and business license, as explained by TRUiC. ... Purchase Equipment and Supplies. Research and purchase a water ice cart. ... Prepare for Opening. ... Launch Your Small Business.

Is an ice vending machine a good investment?

You make passive income — an average of $20,000 to $40,000 per year from just one machine — while you're doing other things. That's why this 20-year-old industry is growing rapidly, by approximately 35% each year. Here are some other reasons why ice vending is a good business decision. High-profit margins.

How much does a public ice machine cost?

Self-contained vs. ModularModular machines (including bin)Self-contained machines~ $3,000-$8,000 Depending on size~ $1,500-$5,000 Depending on sizeAug 21, 2020

Are commercial ice machines profitable?

According to Road Less Traveled Finance, if you're interested in getting into ice vending, you can expect to earn upwards of $3,664 per month in profit (and the margins are hella high). One of our friends, Brett Gentry, makes $71k+ a year in profit from his ice vending machine business.

How much does a commercial ice machine cost?

Comparatively, the average commercial ice maker costs around $1,500. Meanwhile, the typical under-counter ice machine might cost about $1,770. A large ice machine may cost around $6,140. However, it might produce about 1,300 pounds of ice per day or more.

Can you deduct ice house America?

You might qualify for a full tax deduction, with $0 out of pocket, when you finance your Ice House America Ice Vending Machine. *

Does Tour Ice House America have guarantees?

These are general thresholds and for informational purposes only with no guarantees in performance. Tour Ice House America representative can walk through a more detailed quote with a specific pricing breakdown during your consultation.

Does Ice House America have a vending machine?

Other ice and water vending machines have higher maintenance costs than Ice House America vending machines, which is one of the reasons we make up over 80% of all retail ice vending sales in the country.

What are some of the names of the Ice House?

Some of the names you may have seen include Twice the Ice, Kooler Ice, Ice House America, Ice Born, and Watermill.

How much does a 20 lb bag of ice cost?

So a 20 pound bag of ice might only cost $0.05 in utilities. Not everyone takes a bag, some bring coolers, but for the customers that use bags, each one is going to cost about $0.10. So the variable cost of a 20 pound bag of ice is only about $0.15.

How many pound bags of ice can you put in a cooler?

They are freestanding and allow someone to drive up and fill up one or more 20 pound bags or even a cooler full of ice. This is a much easier and more affordable way to get lots of ice for a party, a trip to the lake, a hunting or fishing trip, or some other special occasion.

How long do ice vending machines last?

While the vendors claim that ice vending machines last for 20 years or more, the reality is there useful life is probably closer to 10 years ( Ice House America says their oldest machine in service is currently 10 years old ). A $35,000 machine that has a life of 10 years ends up costing around $300 per month. ...

What are the factors to consider when building an ice machine?

Additionally, good ingress and egress, street level visibility and adequate parking and easy access to the ice machine are all factors to consider.

Is fixed cost of machine a story?

The fixed cost of the machine itself is another story.

Is it bad to own an ice vending machine?

Not bad if you could own and operate several ice vending machines.

How much liquid capital do you need to buy Polar Ice Express?

To buy an opportunity with Polar Ice Express, you'll need to have at least $90,000 in liquid capital. Owners can expect to make a total investment of at least $90,000. They also offer financing via 3rd party. *. Request Free Information.

How many bags of ice can you make with an AR 1000?

The System that we sell consists of an Arctic-Temp AR 1000 Ice Maker that is attached to an ice bagging and vending machine that will allow you to vend up to 300, 20 pound bags of ice per day . The system is well designed and will only require someone to remove monies, place bags on the holder, and clean up the mess left by the customers.

Is Polar Ice Express selling ice vending solutions?

Polar Ice Express is now selling Ice Vending Solutions nationwide! If you've been interested in this exciting opportunity, but weren't able to operate in the southeast, your time has come. Fill out the form today to see why this is one of the most promising business opportunities in years.

How are storefront models shipped?

Storefront models are shipped direct via a commercial freight to be installed by you or a local firm. Freestanding models are delivered by direct carrier or Bag of Ice, and installed by BOI professionals.

Does Bag of Ice require franchise?

Becoming an owner is a simple process. Bag of Ice does not require you to purchase territories, pay franchise fees/percentages of gross profits or insist that you participate in long term maintenance programs.

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