Everest Explains – Frequently Asked Questions
We understand, getting into the Ice Vending business is daunting and you may have have some questions. Not to worry, we have the answers!
Are you wondering whether or not you have to pay any annual fees to Everest? Is Everest a franchise? Can I finance a purchase? How much money can I make? How much time do I need to invest? We can help with that and more!
What Fees Do I Have To Pay?
None. Everest does not charge a franchise fee or a maintenance fee. Once you own your machine, you own your own business. Some ice and water vending machines in the market come with additional fees that the operator may or may not be aware of. With some machines, operators have to pay for expensive franchise fees, licensing fees, or mandatory machine maintenance fees. With Everest there are none. Zero. nada. Zip. We’re here to support you, not charge you unnecessary fees.
Is Everest A Franchise?
We’re not a franchise. We’re not a licensing agreement. We don’t share in your profits or expect payment of any kind from you or your business. We’re a manufacturer. We’re here to support you and help you be successful. At Everest, we believe you should receive service and support without having to pay.
Is Financing Available?
Although we do not offer in-house financing, we have partnered with VendLease, an equipment leasing/finance company that specializes in the Vending industry.
How Much Money Can I Expect To Make From Ice Vending?
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! Over 4,000% mark-up! That’s a high-profit margin!
How Much Time Goes Into Running An Ice Vending Buisness?
With our simple, one-moving part design, the time requirements are minimal. 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.
How Much Does An Everest Machine Cost?
We have multiple ice makers to choose from and some really great upgrades to get you exactly the machine you need. Fill out the form below to set up an appointment with one of our friendly equipment specialists to find out more!