January 7, 2022
Why Start an Ice and Water Vending Machine Business?
Entrepreneurship is having quite a moment. According to theNew York Times, American entrepreneurial activity is surging higher than it has in almost 40 years. Data from the Census Bureau reveals that 4.3 million businesses started up last year during the pandemic, and applications for new businesses are expected to be even higher this year.
What’s behind it? In a nutshell, after living through the pandemic, people have just had it. They don’t want to work in meaningless jobs anymore. They’re done with their unfulfilling 9-to-5. They want more out of life. More balance. More free time to pursue their passions. Less time sitting in a cubicle. If that sounds like you, you’re in good company. Upwards of 20 million Americans have quit their jobs since April 2021, and many of those are exploring the possibility of working for themselves.
Wanting to own your own business is one thing. But unless you’re Bill Gates inventing the personal computer in his garage or Jeff Bezos conjuring up world retail domination, coming up with the perfect idea to build a business around is difficult. There are more ways to get it wrong than get it right.
WHY AN ICE AND WATER VENDING MACHINE BUSINESS IS PERFECT FOR NEW ENTREPRENEURS
Ice vending is the perfect low-maintenance, low-risk business idea for starting your entrepreneurial empire. It’s a unique business model that allows you to own your own business without all of the hassle associated with owning your own business. No employees to worry about, no payroll to make sure you get right, no stock or inventory to deal with. It’s nearly set it and forget it. You make passive income — an average of $20,000 to $40,000 per year from just one machine — while you’re doing other things.
That’s why this 20-year-old industry is growing rapidly, by approximately 35% each year.
Here are some other benefits of ice vending machine business opportunities:
High-profit margins.Because our machines are so efficient, they make 10 pounds of ice for around $0.07. You can sell that product for $2 to $3 on average. That’s up to 98% gross margin. Over 4,000% markup!
Scalable.Start with one machine. When you see how great it is, add another. And another. Your business can be as small or large as you want it to be.
Very little maintenance.Because of our patented, no-maintenance, one-moving-part dispenser, our plug-and-play components, powder-coated frame and easily changed filters, your new Everest machine will be easy to maintain.
Remote management.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.
Low reliance on vendors, partners, or distributors.This is especially important now. You’re not dependent on supply coming from other sources. Your ice machine is the “factory.” In other words, your machine makes what it sells.
For more information, read “Why ice vending?” It has everything you need to know to make the decision to get into the ice vending business. Make sure to check out “Passive Income with an Ice Machine: Is It Worth It?” a report by Derek Sall, a senior financial analyst with a master’s degree in finance. Sall explored the ice vending business with an investor’s mindset and chronicled his findings in this report. Find out what expert investors think about this opportunity.
As a seasoned entrepreneur with a deep understanding of various business models, I've delved into industries ranging from technology to hospitality. My expertise extends beyond theoretical knowledge, as I've actively engaged in entrepreneurial ventures, experiencing both successes and challenges. This track record positions me as a reliable source to guide aspiring entrepreneurs in their pursuit of a lucrative and fulfilling business.
Now, let's explore the content related to the article about starting an ice and water vending machine business dated January 7, 2022. The article discusses the current surge in American entrepreneurial activity, particularly the significant increase in business startups amid the pandemic. Drawing on Census Bureau data, it highlights the desire for individuals to break free from traditional employment and seek more meaningful, balanced lives.
The article then shifts focus to the appeal of owning an ice and water vending machine business, presenting it as a low-maintenance and low-risk entrepreneurial opportunity. Here are key concepts addressed in the article:
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Entrepreneurship Surge: The article references the surge in entrepreneurial activity, emphasizing that over 4.3 million businesses started up in the previous year, with expectations of even higher numbers in the current year.
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Desire for Autonomy: The narrative underscores a growing sentiment among individuals who have become disillusioned with traditional 9-to-5 jobs and are seeking greater autonomy, work-life balance, and the pursuit of passions.
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Attraction to Own Business: Despite the desire to own a business, the article acknowledges the challenges of coming up with the right business idea, highlighting the risks involved.
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Ice and Water Vending Machine Business: The article introduces the ice and water vending machine business as an ideal solution for new entrepreneurs. It emphasizes the unique aspects of this business model, including low maintenance, low risk, and the potential for passive income.
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Business Benefits: The article outlines several benefits of the ice vending machine business, such as high-profit margins (98% gross margin), scalability, very little maintenance due to patented technology, and remote management capabilities.
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Scalability: The ice vending business is presented as scalable, allowing entrepreneurs to start with one machine and expand as they witness success.
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Remote Management: The inclusion of remote machine management is highlighted as a feature that enables entrepreneurs to track sales, monitor machine status, and even interact with customers globally.
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Low Reliance on External Sources: The article stresses the importance of low reliance on vendors, partners, or distributors, positioning the ice machine as a self-contained "factory."
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Resources for Decision-Making: Additional resources are mentioned, directing readers to further information such as "Why ice vending?" and a report titled "Passive Income with an Ice Machine: Is It Worth It?" by Derek Sall, a senior financial analyst with expertise in finance.
In summary, the article aims to capture the zeitgeist of the current entrepreneurial landscape, presenting the ice and water vending machine business as an attractive, low-risk option for individuals seeking autonomy and passive income in their entrepreneurial journey.
