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Ice Vending

Posted on 8/18/10 at 4:06 pm
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 4:06 pm
Anyone have any experience in the ice vending business (Twice the Ice, Iceburg, etc)? These are those stand alone units where you bag your own ice. I'm starting to see alot of them pop up and it seems like they would be good money makers.
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 8/18/10 at 4:09 pm to
I own a few (twice the ice). They have been great.
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 4:37 pm to
Any advice on getting in the business? Did you research all the companies and found Twice the Ice was the best? I've found 6 so far, with most saying $100K to get them up and running (all initial info, haven't talked to any of them directly yet). Unfortunately, Twice the Ice territory has already been purchased in my area.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 8/18/10 at 4:40 pm to
Who are the target market customers? People who don't own refrigerators?

I don't get where the demand comes from outside of Fourth of July bar-b-que cookouts and tailgaiters during football season.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75096 posts
Posted on 8/18/10 at 4:43 pm to
quote:

I don't get where the demand comes from


Hurricane season, near a beach,lake or river year round fishing...


Posted by LEOtheLION
Member since Jul 2009
92 posts
Posted on 8/18/10 at 4:43 pm to
Depending on the quantity of snowball stands in your area, block ice for snowball stands can be very lucrative. Of course that would be seasonal.

Company called Fun Time Foods in Baton Rouge either does or did supply a lot of the area's stands for some time now. Not sure if he's still doing it anymore as he was getting old.


Edited to give example.
This post was edited on 8/18/10 at 4:47 pm
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 4:49 pm to
I imagine it's very seasonal, but I know the ones near the lake/ballfields/beer stores on payday are packed with folks at certain times. I don't care if it's seasonal as long as it's cash flow positive year over year. I'm pretty sure location makes or breaks these things.
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 8/18/10 at 4:50 pm to
I would start out with one machine. I think the TTI machines are the best from what research I have done. If you get in a high traffic/low income area you will do well. My best machine will do 35k this year. I know a guy in memphis who has a 60k a year machine.

Don't fool yourself into thinking that all you have to do is go collect money everyday. I have three machines right now and they cost me about 10 hours a week.

If you know more about the iceberg machines I would love to hear it. I had never heard of that company till you posted that.
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 4:51 pm to
I like the idea of the ice vending thing better since you don't have employees to deal with. Don't feel like being forced to pay their health care...
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 8/18/10 at 4:52 pm to
quote:

Hurricane season,
Ok, but only if a hurricane actually hits, right? Which is every 3, 4 or 5 years or so?

quote:

near a beach,lake or river
Really? People don't just empty their ice maker into their Igloo before they go? That's what I do. I'll trust you on this one but it sure seems both seasonal and unreliable if it rains a lot in a summer.

quote:

year round fishing...
Ok. I can see that.
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 4:57 pm to
Thanks for the info. If you don't mind sharing, what will your worst machine do and what was your average capital outlay? I'll be happy to share info on all the compaines once I hear back from them. I'm still doing my DD.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 8/18/10 at 4:59 pm to
quote:

I like the idea of the ice vending thing better.....


It does sound like a cool business....
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 8/18/10 at 5:02 pm to
post your e-mail real quick
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
535 posts
Posted on 8/18/10 at 5:07 pm to
I'll create one later this evening and post, only have my business one right now. I know, I'm a noob

*sp*
This post was edited on 8/18/10 at 6:44 pm
Posted by notiger1997
Metairie
Member since May 2009
58056 posts
Posted on 8/18/10 at 5:30 pm to
quote:

Really? People don't just empty their ice maker into their Igloo before they go?


Man, that is only good for a 12 pack.

I really noticed these machines alot at the beach this summer. Seemed like a good concept as I stopped and used it twice.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 8/18/10 at 7:00 pm to
quote:

Man, that is only good for a 12 pack.
That's a three-year supply for me....
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/18/10 at 7:05 pm to
quote:


Man, that is only good for a 12 pack.


That's a three-year supply for me....


You need to get out more.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 8/18/10 at 7:07 pm to
quote:

You need to get out more.
I'm going to Kiev, Ukraine next week for work. Does that count as getting out more???
Posted by El Josey Wales
Greater Geismar
Member since Nov 2007
22710 posts
Posted on 8/18/10 at 7:17 pm to
I love those machines. I buy a bag every day at the one by my house. There is almost always someone coming or going to it when I am there. You can't beat the price and convenience.

ETA: I use the one in the Harvest parking lot in Dutchtown.
This post was edited on 8/18/10 at 7:44 pm
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 8/18/10 at 7:37 pm to
During football season, the one on Acadian/Perkins gets about $200-250 from us and there's at least 7-10 other groups out there doing the same thing on Saturday morning.
This post was edited on 8/18/10 at 7:38 pm
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