Is ice-making profitable?
FLUCTUATING with the highs and lows of the tourism industry, the commercial ice-MAKING business is not as lucrative as many may think, nor is it a ‘walk in the park’.
Is making ice a good business?
Ice-making can be very profitable if your business is run efficiently and your product is marketed well. Since water is the only raw material, producing ice seems fairly simple.
How much is an ice block?
Dry Ice Block
| Order Amount | Price Per Pound |
|---|---|
| 20 lbs | $4 |
| 30 lbs | $3 |
| 40 lbs | $2.38 |
| 50-90 lbs | $2 |
How do I start an ice block business from home?
The list of equipment needed to start a successful ice block business are
- Ice block is more convenient to produce from home, meaning that you need a location.
- Ice block making machine.
- Deep freezers and ice block making machines.
- Generator that can conveniently power your machine or deep freezers.
- A good water source.
How do ice business make money?
- An ice vending machine business is a business where you have one or more ice vending machines in various locations and earn money from sales generated by those machines.
- Based on typical pricing and average sales volume, you can expect to earn approximately $3,664 per month in net profit from your ice vending machine.
How long does block ice last?
While dry ice stored in these coolers can last up to 18-24 hours, water ice ideally retains 12-24 hours. Smaller styrofoam coolers cannot hold much ice and have low insulating capabilities. However, larger models can store more ice and make it last beyond a day, especially if you keep it under a shade.
How do you make a strong ice block?
One of the simplest way to make blocks of ice is to use leftover milk jugs, soda bottles or water bottles. These are super simple to fill up and freeze and have the benefit of the fact that as they melt they won’t make your cooler wet and you can use the water inside for drinking water as they melt.
How long does it take to make ice blocks?
If you need to make a block in a hurry, fill your container with ice cubes, then pour water over it — again, a little at a time. But each layer will freeze in 30 minutes or less, and you’ll have a block in about 6 hours (or less, depending on how thick you want it).
How lucrative is ice block making business?
You might think of how lucrative is ice block making business before starting the business. You can expect ice block making profits that range from 40% to 50%. In 1st year you can expect a profit of Rs. 2 lakhs after minimizing all the investment costs. But from 2nd year you can get a profit of Rs. 5.5 lakhs to 6.5 lakhs.
What is ice block used for?
Ice block is used by the majority of those traders that sell to us in the market, parks, schools, hospitals and the likes, considering the bad state of our electricity in Nigeria. Even at homes, it is used to preserve foods, don’t let me get started with events and parties…
What is the profit of ice block trading in India?
You can expect ice block making profits that range from 40% to 50%. In 1st year you can expect a profit of Rs. 2 lakhs after minimizing all the investment costs. But from 2nd year you can get a profit of Rs. 5.5 lakhs to 6.5 lakhs.
What raw materials do you need to start an ice block business?
Water is the most important raw material in the ice block production business. As you already know, ice blocks are made by freezing ordinary water in a container to a very low temperature (usually below zero degrees Centigrade, 0°C). You will need to find a good source of fresh and clean water for your production business.
