Entrepreneurship is having quite a moment. According to the New York Times, American entrepreneurial activity is surging higher than it has in almost 40 years. Data from the Census Bureau reveals that 4.3 million businesses started up last year during the pandemic, and applications for new businesses are expected to be even higher this year.
What’s behind it? In a nutshell, after living through the pandemic, people have just had it. They don’t want to work in meaningless jobs anymore. They’re done with their unfulfilling 9-to-5. They want more out of life. More balance. More free time to pursue their passions. Less time sitting in a cubicle. If that sounds like you, you’re in good company. Upwards of 20 million Americans have quit their jobs since April 2021, and many of those are exploring the possibility of working for themselves.
Wanting to own your own business is one thing. But unless you’re Bill Gates inventing the personal computer in his garage or Jeff Bezos conjuring up world retail domination, coming up with the perfect idea to build a business around is difficult. There are more ways to get it wrong than get it right.
Why ice vending is the perfect business idea for new entrepreneurs
Ice vending is the perfect, low-risk, low-maintenance way to start your entrepreneurial empire. It’s a unique business model that allows you to own your own business without all of the hassle associated with owning your own business. No employees to worry about, no payroll to make sure you get right, no stock or inventory to deal with. It’s nearly set it and forget it. 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. Because our machines are so efficient, they make 10 pounds of ice for around $0.07. You can sell that product for $2 to $3 on average. That’s up to 98% gross margin. Over 4,000% markup!
Scalable. Start with one machine. When you see how great it is, add another. And another. Your business can be as small or large as you want it to be.
Very little maintenance. Because of our patented, no-maintenance, one-moving-part dispenser, our plug-and-play components, powder-coated frame and easily changed filters, your new Everest machine will be easy to maintain.
Remote management. We offer Remote Machine Management, which allows you to log into 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.
Low reliance on vendors, partners, or distributors. This is especially important now. You’re not dependent on supply coming from other sources. Your ice machine is the “factory.” In other words, your machine makes what it sells.
For more information, read “Why ice vending?” It has everything you need to know to make the decision to get into the ice vending business. Make sure to check out “Passive Income with an Ice Machine: Is It Worth It?” a report by Derek Sall, a senior financial analyst with a master’s degree in finance. Sall explored the ice vending business with an investor’s mindset and chronicled his findings in this report. Find out what expert investors think about this opportunity.