Twice the ice is the brand I had always seen in the past but there are others like Everest ice. Something I’ve thought about off and on, seriously thinking about pulling the trigger on an Everest machine for some passive income
And we have plenty of those. Boat ramps, beach access etc are all viable options.Put it near a boat ramp
I believe they want you to invest in more then one unit. I inquired for multiple units near some popular camp grounds before the scamdemic, the Forms were filled out on line. I would recommend trying to contact in person.
Would be interesting to know which brand. The Everest machine basically has the ice maker and one other moving part is all, seems much simpler than most.The one person I know who has one hates his. Always seems to be breaking down.
Ice vending machines are best put in low income areas where they are needed year round. Boat ramps, beach areas, etc need to have long seasons to really be profitable. Land rent and other expenses can run the cost per bag up faster than you would think.
The company that you choose to go with will help with placement. They can be pretty profitable if you have the right location, however most people have multiple units.
Not 100% sure on the laws in Indiana, but in my state a private business just putting a sign up that says 'no guns' does not make it illegal for a permit holder to carry a gun into those buildings. If they catch wind that you have a gun they can choose to trespass you and then you can't return by law. A lot of people don't understand that. They think the sign is magically a law that blocks guns from entering. Morons.
But then again, if you are concealing properly no one would ever know anyway so it would be hard to trespass you.
A friend's husband is an electrician, a cousin does commercial refrigeration/ice (ie hotel ice machines), and again their whole company is about 20 minutes from my office so picking up parts wouldnt be an issue.Two things I would want lined up:
Repair services or access to parts and the ability to repair the units myself.
And having a backup unit that I could swap in should my primary unit die.
after cost of the water, electricity, filters, machine payment, rent to the property owner etc... even on the very low end it's still around 1k a month but most do substantially more than that. The range I see from multiple vending companies is anywhere from 20 - 70k profit in a year, with locations doing around 30% more business in year 2 when more people know where it is and start using it. I'd like to hit at least 35k/year. The machine would pay for itself in ~2 years (depending on exact model and options) and are supposed to be good for 10 years or so.Just curious. How much monthly profit do you hope to make?
this would be a passive income for me on my own, looking at it with potential to be the main/sole income source with multiple units.Is this for your business, or to make money selling it?
Got it. We have ice machines here, but they're for our guys who work in the field.this would be a passive income for me on my own, looking at it with potential to be the main/sole income source with multiple units.
ya we've got one of those too, off being fixed right now, might have to add another one as ridiculous as it's been this yearGot it. We have ice machines here, but they're for our guys who work in the field.
Ok
I'd still have an ice machine fired up and running at home just to switch out when needed...plus..Ice for stuff.....
Everest Ice And WaterWhat brand are you looking at?