Large Ice Vending machines (i.e., Twice The Ice, etc.)...

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Anyone ever invested in the large, stand alone, ice vending machines?

if you're not sure what I'm talking about, here is the link to the most popular type: http://www.icehouseamerica.com/brands/twice-the-ice

The basic concept is that these are more efficient because it makes the ice right there as opposed to having to truck the ice to various gas stations or elsewhere. Also, there are no employees.

through general Internet research, it looks like the bigger machines cost around $100-120k. And i figure that doesnt include the cost of connecting it, leasing the space, etc. That seems a bit high to me.

Have also found a couple other brands (Bag of Ice, Kooler Ice) that run similar ice vending machines. I've heard they are a little cheaper but have not found a stated price for their machines but have attempted to reach out to all.

Lot of pros. The main con I've heard about is the concern of it breaking down. Just needing a couple repairs a month will obviously put it out of commission during that time and paying for the repair would quickly eat away at that weeks profits.

Seems like it is something worth looking into. Wouldn't even try to get it going this year. I imagine you would need to have the thing fully operational by mid-April to fully realize its potential for the best ice selling months.

Anyway, anyone have any thoughts on these? Anyone ever actually purchased and ran one? I'll try to add some info on costs of the machine when the various companies get back to me.
 

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2 near my house offering 16 and 20 lb bags for $1.50. However, I've never once seen anybody using it the last 2 years or so it's been there.
 

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2 near my house offering 16 and 20 lb bags for $1.50. However, I've never once seen anybody using it the last 2 years or so it's been there.

Yeah, obviously location is essential. I wouldn't want to just put one in a random town and hope that everyone would start buying ice from it.

My idea was a spot near a huge lake in my area. This area has several large marinas with hundreds of boats. There are also hundreds of lake houses along the lake and several areas with campgrounds.
 

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We have one in the town I live in and the surrounding towns. Not too far from the Savannah River so fisherman and people going out on the boat use the hell out of it. They have to be making money. There is always a line between April and September.
 
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We have one in the town I live in and the surrounding towns. Not too far from the Savannah River so fisherman and people going out on the boat use the hell out of it. They have to be making money. There is always a line between April and September.

This would be a PERFECT place to put these ... fishermen ... Boats....
 

I'll be in the Bar..With my head on the Bar
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Im guessing the $120K is the entire setup, system and the hut. There is 1 by my house that is setup in the wall of a self service carwash so no hut is needed, its just the equipment standing there.
I havent fooled with Ice Machines in awhile and none that big ever but if you could find that "ideal" location id be surprised if you couldnt get 1 setup on your own for less than $50K. And thats a brand new machine. Ill look into what kind of machine it takes and see whats avail used.. Gimme a few days to ck into it. Ill try to get a pic of the 1 im talking about.
 

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You'd probably be better off investing in pay phones! (j/k)

Locations near fishing spots is key for those things. There's a few near Mayport (in Jacksonville) that have been there for years (so they are obviously making money or they'd be gone by now)....
 
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Last time I was at the Lake of The Ozarks during the 4th of July, there was no ice to be found.

For $120k though, you would have to sell a shit ton of it!

I would not even think about getting into the business if I did not know how to fix them myself though. At my bar, bought a brand new one and the thing was breaking all the time.
 

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I invested in 2 of these with a group of friends. We have one at Georgetown and 30th street. That's the Indy 500 intersection. We also have a smaller version just south of downtown Indy. They seem to do fairly well, although I don't run the books on these.


a friend in the investment group owns a company that services these and proposed the deal.
 

I'll be in the Bar..With my head on the Bar
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http://www.directicedist.com/product_details.htm

This is the system located near me. This distributor is located in North Carolina. All you need to get going is a place to put it, 220volts, water and a drainage system of some sort. Top of the line goes for less than $30K.
2 things i would recommend is, a water filtering system and a good relationship with an Ice Machine repairman.
The filtering system is almost a must even though it made include a changeable filter of its own in the system, personally i would want 1 that removes chlorine and fluoride but costs will have to be factored in on that.

The biggest thing standing between you and profits will be repairs. Ice Machines are like mobile homes, most of the parts are not locally available and the companies know they have you have you by the balls when they break.
I have a customer with a Hoshiaki brand machine, a simple water inlet valve from the manufacturer is over $100, it is the exact same valve a knowledgeable repairman can get in a generic shop for less than $20.
Therein is the reason for a competent Ice Machine repair guy...and be warned , an Air Conditioning guy may be able to repair it but its not worth the hassle. A guy who specializes and does it daily will give you much better results in a quicker time frame at a lower cost....due to his ability to get parts, etc from sources other than the manufacturer. Nothing will put you under faster than a guy throwing very expensive parts at it, waiting weeks to get said parts and then find out he guessed wrong about what was wrong with it. For me it would be a deal breaker if i couldnt find a competent guy i could depend on for repairs. Even on a brand new machine, these machines are not plug and play. They require work to maintain.

I didnt post pics because there are a lot of them on this website that show various installation possibilities.
 

Their undisputed masterpiece is "Hip to be Square.
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A group of us looked pretty hard at putting some of these in a few years ago...I've personally only used these a couple of times, but they seem profitable.

Biggest pain is gathering up the cash/change weekly or daily (depending on the surroundings)
 

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Location and season is the key. Probably need more than one location though. I personally use these things whenever I can.
 

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