Retail - Miscellaneous Retail | Retail - Vending Machines

Asking Price	$130,000	Inventory
Gross Income	$61,248	Real Estate	n/a**
Cash Flow	$40,812	Year Established	2006
FF&E	$130,000*	Employees	none

* included in the asking price

** not included in the asking price

This free standing ice vending business was purchased and placed in the current location three years ago by the current owner. There are no employees of the business. The owner visits the business daily to collect the money, patrol and clean up the parking areas, and to check on the equipment. The equipment has a built in telephone that calls him on his cell phone should the equipment ever fail to deliver ice for any reason. The packaged ice business, despite its lack of glamour, is a $2.5 billion industry. However, most of the equipment is fairly antiquated. The 8 lb. bag of ice that you purchase at the convenience store has traveled from regional ice plants that mass produce bags of ice and distribute them to specific territories. This method is subjected to increasing fuel and distribution costs, human error, contamination, and potential damage to the end product due to distribution and handling. The TWICE THE ICE vending units solve all of these problems. In addition to being more sanitary, as the ice is never touched by human hands, it never freezes together and is dispense as individual cubes. In addition, you can purchase the ice in a 16 lb. bag, or 20 lbs. bulk directly into your cooler, all for the same price as the 8 lb. sold at the traditional stores. This is the future of selling ice and is available NOW.

Facilities: This business is unattended and totally automated. The free standing building/store automatically dispenses, at the touch of a button, sanitary ice in about 8 seconds. The owner owns the building and leases the land for $406 per month.

Competition: Business is located in the heart of Horn Lake, on a busy street near the corner of Hwy 51 and Goodman Road. Manufacture cannot sell equipment to anyone within 2.5 miles. It dispenses twice the ice in weight than you can buy at a convenience or grocery store for the same price, and is open for business 24/7.

Growth/Expansion: In addition to selling this business, the owner owns the entire territory of everything west of I-55 in DeSoto county and would consider selling that as well.

Support/Training: Seller will train new owner in the operation of the business.

Reason Selling: Owner is moving.