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Ice Vending Business Is Hot


Terry Wilson, Managing Partner of Kingdom Ice Partners ( says: "Can you imagine investing in a business where people actually stand in line to give you money? Well, that is exactly what the ice vending machine business is.”

The ice vending machines business has been growing every year, reported at around $8 billion in annual sales. The majority of those sales are coming from what is referred to as the “Ice Box” which can be seen sitting outside most convenience stores or gas stations. Until just the last few years, this form of ice delivery has been the only way that was cost effective. Now, there are ice vending machines popping up everywhere. These ice vending machines make the ice on site and deliver it fresh both by bag, and some of the ice vending machines offer bulk vending. This is helpful for people who want to fill up a cooler.

Terry Wilson went on to say, "Like with any business, there are a lot of details to manage and secrets to learn. This is why many of the buyers of our large high volume ice and water vending machines wanted us to offer the smaller volume, less expensive system. This allows them to have access to the strong double digit return potential for about 25% of what the large, high volume systems cost.”

The ice vending business is changing. It is likely that within the next few years, all ice vending will be done by ice vending machines exclusively. They do produce a superior product, for about half the money, and they are available 24/7/375. The old ice box delivery system has some very specific problems with delivery. Many of the ice boxes are locked after a certain time of night and in some neighborhoods, they are locked all of the time. This requires the ice buyer to go into the store and get the clerk to unlock the box. Ice vending machines remove all of the negative factors surrounding the buying of ice and add no negative factors of their own.

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