How profitable are ice vending machines?

How profitable are ice vending machines?

How Much Do Ice Vending Machines Make? 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 it cost to buy a ice machine?

A small commercial ice machine that produces around 200 lbs. of ice a day can cost as low as $1,500. A large ice maker that produces around 1,900 lbs. of ice a day can cost as much as $10,000.Mar 27, 2020

How much does it cost to start an ice business?

Not bad for an investment that can be as low as $35,000. And with a lifetime of 20+ years, the machines provide a long-term cash flow. For an added bonus, it is easy to supplement this income with water sales by adding a water dispenser to the unit.Mar 1, 2013

How much is a vending machine cost?

Vending machine costs Many vending machine operators recommend buying used or refurbished machines, which you can find between $1,200 and $3,000. A new vending machine will cost anywhere from $3,000 to $10,000, depending on its size and features.Mar 31, 2021

Is an ice business profitable?

One of the more profitable businesses to consider owning is one or more ice vending machines. Two key elements to running any business are: employees and operating costs. First, an ice vending businesses can be run without employees as any maintenance required can be done by the owner. ... Second, operating costs are low.Mar 1, 2013

How do I start an ice selling business?

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