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Money Talk - Replies to Post

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re: If you had $60k cash to start a business

Posted on 7/14/13 at 3:51 pm to eng08

Posted by I Love Bama

Alabama

Member since Nov 2007

37770 posts

Posted on 7/14/13 at 3:51 pm to eng08

Good but it hasn't been a hot summer. Numbers are down from last year.

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Posted by The Connoisseur

Member since Jan 2011

1012 posts

Posted on 7/14/13 at 5:09 pm to I Love Bama

Kinda curious bama. I assume you own one of those machines that are basically a vending ice machine? What's the initial investment roughly? Did you just find a good location and more or less put it there or what? What's the yearly maintenance fees on that? As for the OP my best advice is find a mix between something you enjoy and a need for your area and dothat. Good luck

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Posted by eng08

Member since Jan 2013

5997 posts

Posted on 7/14/13 at 5:48 pm to I Love Bama

Bama, how often do you have to go fix it? (It clogs, a bill insert machine clogs, stops vending, etc?)

I was seriously going to buy 2 but after speaking with the manufacturer reps and an owner I decided against it. I didn't have the time to go fix them 2-3 times a day like they were saying you had to.

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Posted by kywildcatfanone

Wildcat Country!

Member since Oct 2012

120065 posts

Posted on 7/14/13 at 7:53 pm to I Love Bama

quote:
Good but it hasn't been a hot summer. Numbers are down from last year.

Are you guys talking about stand alone ice machines you see around? Are those really money making machines? Every convenience store sells ice. Just curious..