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re: Twice The Ice - any profit in these franchises?
Posted on 6/15/14 at 10:00 pm to Golfer
Posted on 6/15/14 at 10:00 pm to Golfer
quote:Yep - that's about what I was seeing. They're cool, but you can't put "cool" on a deposit slip.
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.
This post was edited on 6/15/14 at 10:09 pm
Posted on 6/16/14 at 9:42 am to tigerpawl
All the money to be made is as the franchisor.
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