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re: Twice The Ice - any profit in these franchises?

Posted on 6/15/14 at 9:33 pm to
Posted by Cash
Vail
Member since Feb 2005
37249 posts
Posted on 6/15/14 at 9:33 pm to
Location, location, location

Most of the goods ones are already taken.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 6/15/14 at 9:58 pm to
I just don't see the numbers. Those machines are $150,000 and you've still got rent and a hefty electric bill.


Of course I could be way off on these but:


$150,000 @ 4.5% for 10 years = $1554.00

Plus $500/mo for land lease, $700 for water and $1,000 for electric.



That's 2,500 bags of ice a month (83/day)to break-even. I just don't see it.
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