Why Own An Ice Vending Machine Business?
If you’re looking to make passive income, even making money while you sleep, Ice Vending is a perfect fit!
Starting an ice vending machine business is the perfect way to make passive income and skip out on the humdrum of a 9 to 5 job.
Ice vending is a unique business model that allows you to own your own business, make passive income with little to no training, doesn’t require keeping stock or inventory, requires no technical expertise, has a relatively low capital investment and has a very high return on investment.
An ice vending machine business does not require employees and can be run in your spare time. It is a business that is easy to scale rapidly and is part of a 20 year old, $835 Million dollar industry. Ice Vending is growing rapidly, by approximately 35% annually.
High Profit Potential
A Good Business Decision
High Profit Margins
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-$3 on average. That’s up to 98% gross margin! Over 4,000% mark-up! That’s a high profit margin!
Quick Return on Cash
A poor performing Ice & Water Vending location can produce a return on your investment in as little as 2-3 years! A typical location in 1-2. Home run locations even less! Click here to speak with one of our ice machine business specialists to find out more.
High Ability to Scale
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 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! Owning multiple machines is a breeze!
How Much Money Can I Make?
Use our calculator to run the numbers!
Your New ICE MACHINE Business Up And Running Quickly
ICE AND WATER MACHINE BUSINESS OPERATIONS
Report by Derek Sall
Passive Income With An Ice Machine: Is It Worth It?
Derek Sall reached out to Everest to explore the Ice Vending business with an investor’s mindset and then chronicled his findings in a report. Is Ice Vending worth it? Click the button below to read what a Senior Financial Analyst with a Masters Degree in Finance thinks about the ice & water vending industry. See what the experts think.
An Eco-Friendly Business
Just think about the journey your bagged ice makes from the ice plant to your glass or cooler. It is distributed by a machine, then bagged, loaded onto a truck, handled by a delivery person, rearranged by convenience-store clerks and handled by customers. Energy consumption, trucks on the road causing traffic and plastic bag consumption will all be reduced by using Everest VX models. We estimate that using the Everest VX machines reduce the carbon footprint of the current central ice factory model by at least 85%. Furthermore, our bulk dispensing feature encourages customers to conveniently use their coolers and water jugs, saving plastic and the environment.
Health-Conscious Trends Create More Customers
Never before have people in the United States been more concerned about what they eat and drink. What people put into their bodies has a direct effect on their health. This health-consciousness is a great thing for your commercial ice machine business because the water and ice coming out of a machine is made fresh without any human hands involved in its making – eliminating the risk of contamination.
Great Business Opportunities
in Ice Vending Technology
The ice vending business is an industry that has grown from technological advancements. These advancements allow the industry to eat up the market share of older, antiquated distribution systems. For decades ice has been sold in ice chests at retail locations. These ice chests are filled on a daily basis by a regional distributor of ice who gets their ice from a large factory. This is a very expensive way of getting ice to customers due to the high human capital requirement to fulfill this system. Ultimately, this cost is passed onto the customer. Imagine if there was no distribution system. Imagine if you were the ice factory selling directly to customers. Where would those savings (also known as profit) go?
Take the first step
Starting Your Ice Vending Business
The first step is to narrow down your choice to the type of machine that is right for you, then find a manufacturer. There are several different types of ice vending machines that you can choose to invest in and we’ll cover the differences below.
All types of ice vending machines sell bagged ice and can have the ability to also vend water (most companies will charge extra to add this feature to your machine). Only a couple of manufacturers also offer your customer the choice between bulk ice, or ice vended directly into your customers cooler AND bagged ice. This bulk ice option is the bedrock of ice vending and is what has made ice vending popular.
While deciding which type of ice vending machine is right for you, consider your location: How much traffic does it see in a typical day? How much space will you be able to set aside or rent for your machine? How easily will potential customers be able to access your machine?
The price range listed for each type of ice vending machine is for the initial purchase only. In addition to purchasing or renting a location for your machine, you may have to pay maintenance fees, licensing or franchise fees depending on the company your purchase your machine from.
Everest Vs The Competition
Scroll table to the right
|Dispensing System||One Moving Part||Less to break. No maintenance. Ease of use.||Multiple moving parts (some have up to a dozen)||Multiple points of failure. Difficult to maintain. More cost. More labor.|
|Ice Production||Cold Fusion||Make up to 100,00 pounds more ice using the same electricity. |
More Ice = More Profit
|Not available||Makes less ice. Less profit.|
All Seasons Package.
|Everest invests in technology to make your machine better. Remote software updates mean your machine always stays up-to-date.||Not available||Your machine is out dated the moment you buy it.|
|Footprint||20 Square Feet.||Can be installed virtually anywhere. Makes finding a location easy.||Much larger machines.||Require complicated installation. |
More space = more rent & harder to find location.
|Standard Features||Water Vending. |
|We don’t charge extra for the machine you need.||All options cost extra.||You pay more for the machine you need.|
|Portability||Our machine can be moved by one person.||Find a better location? Move your machine easily.||Larger footprint machines. Custom concrete pad.||Once your machine is installed, you’re unlikely to ever move it.|
|Safety||Everest Ice Shield disinfects the entire ice path||Makes your ice the safest in the ice vending industry. Constantly cleans ice maker.||Not available||You’re required to clean your ice maker regularly. Ice isn’t disinfected.|
|Ice Maker Protection||Ice-maker installed in the cabinet, under lock and key.||Most expensive component is shielded from heat, cold, vandalism, theft and the elements.||Ice maker typically installed on the roof, covered with canvas.||Ice maker is exposed to heat, cold, vandalism, theft and the elements.|
|Ease of Installation||Our machines are delivered on a liftgate. Easy connect utilities.||Easy installation. Have your machine making ice on the delivery day.||Ice maker shipped separately from machine. Larger machines, 3-phase power or complicated utility connections.||Larger machines require a forklift, a boom truck or crane. You’re required to install the ice maker in the parking lot. 3-phase power is expensive.|
|No Fees||Everest charges no fees or royalties and has no expensive maintenance contracts.||The engineering of the Everest units means there’s no need to charge expensive maintenance or support fees. In fact our dispensing system requires zero maintenance whatsoever. Fewer operating costs mean more profit for you.||Most other machine options are either a franchise (with franchise fees, royalties, etc.) or charge annual fees for things like licensing, support, and maintenance.||These fees exist so that these companies can offset the costs associated with assisting their customers in the maintenance and service needs of these more complex and cumbersome designs.|
Simple design, simple operation
A Great Investment
The goal of the engineering team at Everest Ice and Water Systems was to design a machine that eliminated the design flaws and issues common with all other machines on the market. We set out to design a machine that was both simple in its design and simple to operate. We wanted a machine that gives your customers what they want, a choice of either bagged ice or bulk ice dispensed directly into their cooler – and this choice comes standard, in each of our machines. We eliminated the multiple moving parts that are necessary in all other ice vending designs that cause these ice jams, machine downtime and operator headaches. The result was the Everest VX series. The VX models are the ONLY machines on the market today that use only ONE moving part to dispense ice to your customers, not 15 or 20.
Interested in an Ice Vending Machine?
Everest VX models are the only machines in the industry to have ONE moving part. ONE. Since there is only ONE moving part, there is a LOT less to fail.
Avoid Costly Mistakes
There are a few of what should be “Deal Breakers” that you should make sure you’re aware of when buying your new Ice Vending machine. Learn these few simple truths when purchasing your new machine and you’re sure to be a success!
Buying a Machine With Too Many Parts
It is important to make sure that your machine is operational at all times. If the machine isn’t running, your business isn’t either! The main reason for ice vending machine issues are ice jams. These occur within the system because ice has either solidified together in the storage bin or one of the parts within the machine has broken down and is unable to move the ice to the ice chute.
Buying a Machine That Is Too Large
If you purchase an ice vending machine that does not store enough ice for the demand of your customers, then you will lose daily sales and ultimately lose your customer’s business altogether. Some ice vending operators use this as a reason to get the largest storage capacity possible. This often doubles or triples the overall cost of the machine and significantly affects your return on investment.
Don’t Buy a Machine That Doesn’t Offer Bulk Ice
Bulk ice vending is what makes Ice Vending popular! It’s what makes your machine stand out from every convenience store in town! Some manufacturers don’t offer “Bulk” ice. Bulk ice is ice that is vended directly into your customer’s cooler, container or ice chest. Most outdoorsmen, hunters, fishermen, blue-collar workers and people that just plain like cold beer want this feature. When a customer dispenses ice into their own container, it is better for the environment and saves you the cost of the bag. If you don’t offer bulk ice, you could be alienating more than 50% of your customers! This is a mistake!
Buying a Machine Without Built-In Water Vending
Typical ice vending companies will offer water vending as an option. This is strictly a way for them to charge more money. Most new ice vending operators elect not to get the water option due to the added cost. This is a mistake. Ice vending operators who initially choose to skip this option often end up purchasing a completely separate water vending machine unit a few months later.
Buying a Machine That Comes With Costly Recurring Fees
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.
…And there are More!
Avoid additional costly mistakes with our guide to the Top 10 Mistakes Made By Ice & Water Vendors. Click below to fill out a form to receive a copy of our full guide.