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
Full Answer
How much does it cost to start an ice vending business?
Everest is a revolutionary ice and water vending machine, the only ice machine with a patented one-moving part dispensing system. The business opportunity costs a minimum of $40,000 in liquid capital and the total investment is $38,000-$43,000. This includes branding, marketing, service and support needed to operate the business.
What is an ice house vending machine?
The Ice House was IHA’s first vending machine model, and is capable of holding 6,500 lbs of ice. It is ideal for busy business centers or other high traffic locations.
How much can I Sell my ice machine for?
The Everest VX Series machines are the most energy-efficient on the market. They only require a 30AMP Electrical service. Our next nearest competitor is 60AMP and they go up to 200! Because our machines are so efficient, they make 10 pounds of ice for around $0.07. You can sell that product for $2.00-$3.00. That’s up to 98% gross margin!
How much does it cost to make ice bags?
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 long do ice vending machines last?
How much does a 20 lb bag of ice cost?
How many pound bags of ice can you put in a cooler?
What are some of the names of the Ice House?
How much does a 35,000 bag machine cost?
What are the factors to consider when building an ice machine?
Do gas stations have the same customers?
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Is owning an ice machine profitable?
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 it cost to start an ice machine business?
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 can you make owning a ice machine?
If you're looking into buying a high-quality machine, you can expect that machine to sell around 75 ten-pound bags of ice each day. You'll probably end up spending about 25 cents per gallon on water, meaning you'll be making $195 a day (or $5.8k per month) or $71,000 a year per machine.
How much does it cost to buy an ice machine franchise?
Most ice vending machines range in price from less than $50,000 all the way to $150,000. Other costs like franchise fees might apply when starting an ice machine franchise. Many entrepreneurs finance their initial investments with loans and other funding options.
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 do I start an ice machine business?
All you need to do is buy the right ice vending machines, place them in high-traffic locations, and enjoy the stream of passive income that those machines will generate for you....Step 2: Create a Business Plan. ... Step 3: Find the Right Location. ... Step 4 Buy Your Ice Vending Machines. ... Step 5: Run Your Routes.
Is making ice a good business?
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 a commercial ice machine cost?
In 2022 Small ice makers can start as low as $1270, and some large ones can easily cost $5,600 or more. Pricing varies by solution such as under-counter, flake ice makers, and countertop products.
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.
How much is an ice station?
How much does an IHA ice + water vending machine cost? Ice House America and Twice the Ice offer four models that vary in footprint, production and storage capabilities. Our models range from $60,000 to $135,000+. Prices do vary depending on optional equipment upgrades and installation costs.
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.
Is a claw machine a good investment?
Claw machines are one of the best business opportunities if you want to make passive income. You can make about $200 a week, and sometimes even up to $1500 a month.
How much does it cost to clean a commercial ice machine?
A typical ice-machine cleaning ranges in price from $200 to $300. A UV light costs less than $300, therefore the end-user's return-on investment is immediate.
How much does a vending machine make a month?
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 much water does a commercial ice machine use?
Commercial ice-makers typically use 15 to 25 gallons of water to produce 100 pounds of ice flakes or cubes, depending on the quality of the ice. Older water-cooled ice machines may use as much as 90 gallons to produce the same quantity of ice. These quantities do not include the water used to cool the machine.
How much does vending machines cost?
A coin-operated Sanitary Napkin Vending Machine would cost from ₹5,000 to ₹10,000. An Automatic Coffee Vending Machine would be worth under ₹1,00,000 and a refrigerated, cash-accepting vending machine with a variety of items to be displayed would range anywhere over ₹1,25,000.
How much money can you make from an ice vending machine?
Owners also set their prices, usually between $1.50 and $3 per bag. There are also three different ice vending machine sizes—the large Ice House, versatile Ice Kiosk, and compact Ice Merchant—and ...
How much can an ice house produce?
The Ice House can produce up to 13,000 lbs. in 24 hours, which is why it’s ideal for high-traffic areas. How much money you can make from an ice vending business depends on the location, the machine you choose, your prices, and the advertising strategy used to attract new customers.
Does renting an ice machine decrease profit margin?
Upkeep expenses and maintenance include the following: Since the water is filtered and the ice is made within the machine, there is no inventory to track or refill. Renting a spot for your ice vending machine will decrease your profit margin, but it will make financial sense in the right location.
Is Ice House America low maintenance?
Ice House America’s ice vending machines are designed to be long-lasting and low maintenance. There is very little upkeep required, and this also helps to keep expenses low and profit margins high. All maintenance and upkeep items can be easily completed by one person, so no extra staff is required. Upkeep expenses and maintenance include the following:
Is ice vending machine a stand alone business?
Ice vending machines can be lucrative additions to your existing business, a stand-alone business, or a helpful supplement to income after retirement. Regardless of your ice vending machine arrangement, it’s important to accurately estimate the income you can expect from your investment.
Does renting an ice vending machine decrease profit?
Renting a spot for your ice vending machine will decrease your profit margin, but it will make financial sense in the right location. If you already own a busy location, such as a convenience store, car wash, grocery store, or even just vacant land near a high-traffic area, your margins can be higher.
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 much does an Everest ice machine cost?
The business opportunity costs a minimum of $40,000 in liquid capital and the total investment is $38,000-$43,000.
How long does it take for an ice and water vending business to return?
A poor performing Ice and Water vending location can produce a return on your investment in as little as 2-3 years; a typical location in as little as 1-2! Home run locations even less! Ice & Water Vending is a profitable business that can be run in your spare time.
How many machines are there in Everest Ice and Water?
One machine, two machines, three machines more! Everest Ice & Water Vending machines are easy to place, easy to install and easy to operate. We offer Remote Machine Management which allows you to log in to our portal to track sales, check on your machine, receive machine status updates or even vend a bag of ice to a waiting customer while they stand in front of the machine, from anywhere in the world! Owning multiple machines is a breeze!
What is bulk ice vending?
Bulk ice vending, or vending the ice directly into the customer's cooler or ice chest , is what makes Ice Vending popular. It’s what your customers want. It’s what makes your machine and product stand apart from every convenience and grocery store. The Everest VX Series Ice and Water Vending Machines give your customers the choice between BOTH bulk AND bagged ice. They get what they want with no complicated, expensive, service intensive ice bagger to get in your way.
What is an Everest ice and water vending machine?
ONE. Since there is only ONE moving part, there is a LOT less to fail. Everest patented this system, VersaVend, in 2008. It is an ice storage and dispensing system that is exclusive to Everest Ice and Water Systems. Unlike our competitors, our patented VersaVend dispensing system requires zero maintenance. Our competitors' machines are so complicated you’ll need special training and a LOT of your time just to keep them running. You probably aren’t looking to buy another full-time job! Everest has you covered. The Everest Ice and Water Vending Machines virtually eliminate downtime and keep your profits running 24/7.
Does ice vending require employees?
Ice Vending does not require employees, can be run in your spare time and no stock or inventory is needed. It is a business that is easy to scale rapidly and is part of a 20-year-old industry. If you’re looking to make passive income or even making money while you sleep, Ice Vending is a perfect fit!
Can you operate multiple machines in your spare time?
No Employees! You can operate multiple machines in your spare time!
Who makes the largest ice vending machine?
IHA is the largest manufacturer and owner/operator of ice vending machines in the world. We’ve produced 3,500+ ice vending machines. These collectively produce more than 1 billion pounds of high-quality ice each year.
What is co-branded vending machine?
Co-branded: Customize the look of your ice vending machine to match your brand while harnessing the power of our widely recognized TTI name.
Does Ice House America have a profit margin?
Ice and water vending machines from Ice House America present higher profit margins than delivered/self-bagged ice and make an impact in customers’ minds.
Is Ice House America a SBA?
Ice House America partnered with the Small Business Association (SBA) to offer our owners an expedited loan process. Our business opportunities are pre-approved by the SBA, which means IHA loan applicants enjoy an expedited loan application process. To learn more about how our business model is financed, compare numbers with IHA via our inquiry form.
What is an ice merchant?
The Ice Merchant is designed with the versatility to support an existing retail business or operate as a free standing ice and water retailer. It’s popularity has grown businesses such as convenience stores, campgrounds, grocery chains, car washes and savvy entrepreneurs.
How many models of IHA ice and water vending machines are there?
MAXIMIZE INCOME POTENTIAL: IHA’s three models of ice & water vending machines allow you to maximize the earning potential of your location. Your vending business can become a destination that you will grow over time, or your existing location can be expanded to maximize earning potential. It is up to you, we provide flexibility.
How much ice can an IHA ice house hold?
Largest ice capacity. The Ice House was IHA’s first vending machine model, and is capable of holding 6,500 lbs of ice. It is ideal for busy business centers or other high traffic locations. Key Characteristics.
What is an ice kiosk?
The Ice Kiosk is our mid-sized model, combining the appeal of the Ice Express with the reliable internal components of the Ice House. The Ice Kiosk is versatile because it offers different ice bin capacity options and the choice to use either 1, 2, or 3 ice makers. The Ice Kiosk is perfect for smaller locations that cannot fit the Ice House model.
How long does it take to get ice in a vending machine?
It takes less than 20 seconds to go from payment to complete vend. It takes 6.8 seconds for ice to dispense in your bag.
How many vends have never jammed?
Patented never jam dispensing drum technology (one moving part only). Over 6 million vends to date without any issues.
How often do you need to sanitize a washing machine?
The machine requires routine weekly maintenance (not to void the warranty) and money collection. Quarterly sanitizing will also be required
Does the ice machine accept cash?
Your ice machine will readily accept cash, coins (quarters only – no change given), and credit cards.
Is the Ice Depot the only way to go?
I did months of research looking at every ice vending machine on the market. After going to the factories, looking at machines in the field and talking to salesmen and owners , it was clear that The Ice Depot was the only way to go. Other machines are made of steal that will rust or complicated computers and sensors that shut your machine down for no reason. (if your machine ain’t producing you ain’t making any money). Others had melted ice dripping on electric motors. Most other machines had 3-4 motors and multiple moving parts.
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. ...
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.
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 35,000 bag machine cost?
A $35,000 machine that has a life of 10 years ends up costing around $300 per month. Let’s assume your monthly rent was $300 per month. In order to break even at $1.60 in profit per bag, you would need to sell about 375 bags per month. This works out to about 12 or 13 bags per day.
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.
Do gas stations have the same customers?
Gas stations and convenience stores are completely reliant on the same type of customers, so that is probably the first place to look.