How Much Does an Ice Vending Machine Make?

[@CodieSanchezCT]

What else do ya'll want to know about passive income with ice vending?

[@tomcobb1829]

Would you recommend popping one of these bad bois under an LLC? Seems like any ingestible product is inherently risky in terms of potential lawsuits

[@CodieSanchezCT]

@@tomcobb1829 so that’s more of a legal q which I’m not an attorney what I will say is all my businesses are incorporated in some way and insured. It’s a good point!

[@Lucas94clay]

Did you learn about or spec out seasonality for the business at all? What percentage of the annual revenue is during the summer, holiday season, and off seasons? The few areas I’m familiar with that might work for this area definitely seasonal destinations so if you did have any thoughts I’d love ‘em. Thank you for the research and video!

[@CodieSanchezCT]

@@Lucas94clay so we have a blog post on this too that’s more in depth at contrarianthinking but it just varies so much by location so I’d do my own dd on ur area

[@mattschultheis3101]

Codie, should we be looking for a piece of land that has electrical & plumbing to it already and what's the best way to find or just simply look at location and factor in costs to run electric & plumbing to it? Thanks!

[@like5705]

I have so much I could say on this. I’ve owned 6 machines at one time. Down to 3 at the moment. You CAN make money. It’s NOT passive. Maintenance & repairs are insane on these things. Warranty means nothing if your machine is broke and you have to wait weeks for a tech to come out. Ask me how I know. If you want to work nights and weekends all summer and are able to learn refrigeration, you can make some money. It’s NOT as simple as you think.

[@hassanmeraj8037]

Thanks for your practical Guidance. Do all your machines are from Ice House America??? are those challenges apply to all types of vending machines??

[@yowsers6475]

Good to know.

[@jesusrosefromthedead8017]

Is there anything else that you do that you would encourage other people to do? Business wise?

[@yowsers6475]

@@jesusrosefromthedead8017 You could always paint houses/buildings....or hire other people to do it (the painting part of it).

[@littlebobbyn]

Thank u for taking the bull shit from the videos

[@highstatic9417]

Thanks! I’ll be trying this as my next objective after I learn to wholesale. learning new things

[@CodieSanchezCT]

AmaIng thanks for being here with me ;)

[@LivingGood-dy8fg]

Thanks!

[@CodieSanchezCT]

WHAT THIS IS SO AMAZING TY!

[@sghs7473]

Thanks!

[@CodieSanchezCT]

Welcome! Thank you!

[@jenna8445]

It’s kinda wild how future woman CEOs are only scratching the surface and don’t take the time to read Girl Boss Hustle: Earn 10k from home. Get out of the rabbit hole.

[@dscottperry]

I owned a Twice the Ice distributorship... I launched 200 of these machines in two states. Was the number 3 distributor for the company and experienced all the ins and outs of this business. I owned these machines as well in some very good locations. Some of them do make money and some do not... location is key along with rent and code variables. This video doesn't cover all that goes into this business.

[@johnhook2961]

Im curious. Do you still own the distributorship? In what states did you own? Do you still own them? If not why did you get out?

[@extraplain]

As others have said, owning an ice vending machine is absolutely NOT passive (unless you pay someone else to service it). They require being on-call 24-7, and some of the components are not cheap to replace. It's definitely possible to make money with them, but you can also lose your butt with them.

[@samferrell7757]

What would you say is a fair salary to pay someone to service one of these machines I would like to make this as passive as possible even if it cuts away at my profit?

[@extraplain]

@@samferrell7757 It would be hard to justify having one full-time employee just to work on one machine. The routine machine maintenance isn't the issue, as there isn't much of it. The problem is that when you are dealing with an automated machine that makes and handles large amounts of ice, things simply break. You could have everything absolutely perfect today, and tonight at 3am you could get an alert that the machine is down. You go to it to find out one of the ice augers broke off the gearbox because ice built up and jammed it. That then becomes a whole ordeal to repair even if you have another auger in-hand. Dealing with automated ice machines is basically like having a new-born baby. You have to be ready to drop everything at a moments notice.

[@peterkurt4686]

@@extraplain what brand machine do you have

[@kutie216]

Oh and also her father is in prison for insider trading at JP morgan. She was never poor and started off with wealthy parents so people should be cautious taking advice from someone who is selling advice

[@Yuliana-wm9id]

Well said. It’s a business. Not a passive income. but it’s interesting niche, and amazing that one can make good money on the business of ice! I always thought it’s hard to compete with Walmart when you can just walk in and buy bags of ice (just an example, it could also be Costco or Stop&Shop etc).

[@peteranderson6068]

WoW , she one of best people I have listen to in many years . Boring business can make a lot money . Great advice. Looking forward to listen to every video.

[@brentongreen5600]

If you go with IHA I would suggest using the large or original icehouse. Other models have serious issues. Coming from a 4 unit owner. Great content!!!

[@garyloten-beckford889]

Thanks for the suggestion.

[@stephenmelnick9257]

Site acquisition, zoning, permits. Those are huge hurdles. You'll be working with a myriad of contractors and government offices. Then comes the site prep and installation. The machine that Codie is in front of would cost at least 20k-30k on top of the machine purchase to complete. Do your research with this. There is a lot to it.

[@chaff5]

I need to figure out how to get into all of these business you talk about. Laundromat with food/drink vending inside and an ice vending machine outside... and add your friend's independent shipping/mailbox business next door...

[@derikfreeman820]

Big fan of your channel. Keep them coming.

[@phillipdunham6676]

I own 2 Twice the Ice machines in Lower Alabama, AKA "LA" One is on an Island and the other is on a major highway. My background was in refrigeration so I have the knowledge to not get cranked on repairs! Profits are very good but for the upfront cost, more is better. Do not buy the low cost machines that pop up in ads. Also don't rely on warranties. Expect to handle the cost of repairs on your own. This sounds silly but this is a low cost market with only one "Real" manufacturer in it. It seems to me that all the other machine brands that I have dealt with are over / under engineered and ask for trouble in the way they produce / dispense product. Feel free to ask any questions you may have.

[@johnhook2961]

Which models did you end up going with? How profitable are they?

[@michaelyeates6990]

Looking to open a couple of locations in Texas. Which manufacturer/model do you recommend?

[@erickalmaraz6837]

Do your machines ever run out of ice? What size do you recommend getting?

[@phillipdunham6676]

@erickalmaraz6837 All depends on location. Yes they run out but it's very rare.

[@NickMirabile]

can you IM ME ? What’s your thought about a NE state like CT or RI ?

[@MalluStyleMultiMedia]

Your channel is going to blow up through the roof .. good info ..excellent videos .. good editing

[@bryans4891]

its clickbait

[@legacypt1963]

Location is the key with this setup. If you live near a place that has a lot of ice needs it works, remember location, location, location. Great add on to this would be a water fill Station and purified water, vending, and if you have to put in a sewer system a dump Station. people who are looking for ice are campers, van lifers, etc.

[@morenahlatshwaya]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

[@Soboj-oy8me]

Yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

[@adasohas]

you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.

[@JiwanWill]

Yeah for sure, honestly I made 62,800 dollars within 6days of trading with Bitcoin.

[@JiwanWill]

@Mojeed Bankole I I don't really trade, I recommend mrs Catalina Vladimir, she trade for me.

[@JiwanWill]

Catalina vladamir fx

[@artyox5100]

Your so on point! Genuinely generous with sharing creating abundance 😇

[@brettblackmon7307]

Nothing mentioned about the monthly electric bill expense (in Texas during summer that can run between $600-900.00 per month). Also don’t forget annual insurance (unless you’re wealthy enough to self insure - if that’s the case you probably don’t need this extra income) which costs between about $550-1,400.00 per machine if you pay annually and depending on which region you’re in within the US. Been doing it for about 6 years now and it’s a great business to be in AS LONG as you have a good location. Cody is right - location, location, location is key and will make the difference between just barely breaking even, doing so-so or doing well.

[@michaelyeates6990]

I am in Texas as well and am interested in hearing from someone around the area about the real details of this business. I am considering getting into the biz but would like some pretty concrete facts about expenses, machine choices and maintenance/rerpair costs.

[@MBCrusin]

No you just didn’t pay attention in the video. She went over electric and water at 5:40

[@nataliavicencio193]

You didn’t watch the video then because she goes into it.

[@cameronhindmarsh95]

My top 2 votes for boring business right now are laundromats and ice machines! Are you looking solely in southern markets to place yours? Are you going to hire someone out to do the cleaning/maintenance of the machine ? Or will you live close enough that you do it yourself?

[@CodieSanchezCT]

I would have an operator but I think when you start it's good to get your hands dirty.

[@jacklyn-b1u]

I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?

[@CheriFanizza]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@Carolj-p9j]

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.2m in gains… might not be a lot but i'm financially secure.

[@franklyn-z1k]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@Carolj-p9j]

My CFA 'Grace Adams Cook' , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@franklyn-z1k]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@alanwhitt1840]

Codie, here in SO. Florida I could see this making a killing near the fishing docks, landing, etc. There are so many waterways with small private landings, beaches. The only slow time may be in the winter, November to February. Love your videos and your tactics for Passive Income! Thank you.

[@marcd1981]

Please look at the comments from the people that have or are running this business. She has made it sound much better and easier than it really is.

[@TheSoloAsylum]

If you think ice machines are passive, you have no idea what you're looking at, just like this video maker.

[@kutie216]

You aren’t curious how much it costs to power these machines in a hot ass climate? I can guarantee it’s not cheap

[@kutie216]

@@TheSoloAsylum She is a clueless charlatan and so out of touch. I can’t stand these youtubers

[@scooterpie70]

@@kutie216 what's your business success?

[@QualeHouse]

Just found your channel! Where have you been all my life!!!!! We would be besties in real life! I wish I knew more women in person who love this stuff! Your channel is a delight to watch! Thank you for all these awesome videos!

[@noksbisso3647]

Codie, is all new up coming entrepreneurs need in tips and advice. 🔥 👍 👌

[@cm2843]

Great video! I love your outside the box ideas on making cashflow.

[@richardjess687]

Yes! This is the content we need!!

[@CodieSanchezCT]

Yayyyy

[@OseDeffo]

Thank you Codie for the idea. Hello from Germany

[@dramireziii]

Lemonade vending does well too. My 16 yr old grossed a little under 11k in 6 days back in October before we shut down for winter.

[@MrShekinah777]

Interesting, how does it work?

[@JaymesC18]

How do you ONLY have 4.93k subscribers? Your content is amazing!

[@CodieSanchezCT]

haha we just launched but thank you spread the word!!

[@KlaasVictor]

2 months later: 19k subscribers 😄

[@lolilulelagaming3213]

Agree

[@binaraprabhashwara3324]

Because everyone is not born to be a businessman. we are limited 😎

[@wmnbl1]

24k subs now

[@3041476]

So glad I found you . You are amazing .

[@jsahaida99]

Seems like in many cases there is already a big box, store, restaurant, gas station already at the best locations. How do you approach a land owner to see if they'll lease you space on their parking lot?

[@dynamics9000]

Wonderful video … i love the ideas

[@Britainnelms]

I really love your videos. Thank you for posting. Love this.

[@tyromegaddes]

Thanks for the information I might just take your offer

[@carlostavaresjr958]

One thing I've learned with any machine based business, buy an extra unit as a spare and order the most common parts that need to be replaced and learn some mechanical skills to work on them. Luckily I'm good at this stuff and repair my own stuff without waiting for techs.

[@paybydai3420]

Don’t let ppl who already did it discourage you try you might be better then them 💯🤷🏽‍♂️you’ll never know until you try

[@happygrass5]

You are awesome Codie!

[@Cars0ndh]

Where is the link to the calculator you mentioned at 5:12?

[@JonW_FL]

$35K? The smallest machines on the IHA site are $60K up to $135K+. Figure more like $1000-1500 month minimum plus land, electric, water, maint, etc. Easily 3x what she says here.

[@JohnDoe-ld8nr]

Oh, is IHA the only producer of these or is it possible she was referencing prices of other companies too? Dummy.

[@precisionoptionsandfutures1015]

This is absolutely brilliant! Gotta diversify investments, and this is a great additional diversification

[@adamjensen7870]

I loved that I found you! This was a great video! I'm glad I seen you on Van Edwards show

[@roberts.quantified]

Looking forward to more of these types of videos!

[@CodieSanchezCT]

Yay!

[@roberts.quantified]

@@CodieSanchezCT Could you do a video on how to get into boring businesses while out of state? Something on how to navigate finding an operator or a business that has an operator in place? I'm currently OCONUS and getting into remote ownership is complicated and I'm looking for a strong foundation of experience to learn from.

[@jamesbarrett7936]

what a boss babe. I love the content, very helpful.

[@cpals5452]

Watch out for hard water. I saw an ice vending machine last about 3 months before they relocated it to a different county.

[@johnlakey4983]

My son works in that field. I asked him where I could set machines. He told me all the good spots are taken. The property owners also charge rent for your machine.

[@drillbabydrill25-d6p]

I love this idea but one thing not mentioned is you need to live in a warm weather state. This business model would not work in Northeast US. The machine would sit with no cash flow from October - April.

[@ernestosottohomes]

Randomly found you. Love the content!!!!!

[@Christopher-xr1su]

Hey thank you so much I just modified this idea and about to kick ass you are awesome

[@KlaasVictor]

First video I saw of this channel. Impressive!! Subscribed!😄🙏

[@Japanblakk]

Thank you for giving free knowledge

[@mstr293]

Is this even profitable in very cold places like in Canada?

[@KieranTong]

I have a friend that started ice vending a couple years before the pandemic as a side hustle. He is doing pretty well with that.

[@algarcia32]

Been following you on Til Tok for a bit. Glad your on KZbin. I'm ready to pull the trigger on an ice machine.

[@TheUnofficialMaker]

how did it go

[@al-b7891]

Very good info, ive always wanted to know how to get into the Water Mill business. Do you have vídeos on that?

[@DanielBakerfl]

In your research of ice machines what do you think of the Everest VX

[@marcosluis2186]

This is a very interesting business model. Perfect for hot places like California, Florida and Arizona

[@CodieSanchezCT]

Yup agree... also does well in the summer months by lakes, oceans, or anytime tourist season is in by national parks.

[@msway836]

You mean places like Cali and Az that are becoming dryer and dryer by the day...likely there will be restrictions placed on those businesses soon...

[@kutie216]

Until you have to pay the power bills. Its sitting outside in the elements and that is not cheap. Not to mention maintenance

[@pjuliano9000]

@@kutie216 then get some solar panels and a Tesla power wall

[@robertkerby2581]

"Ice Business" an amazing small business! Well done!

[@levihale3267]

This was a great video. Please make more for KZbin.

[@allthingspehlla1449]

Hey Codie! I am looking for passive ways to make income. Have questions after reading the comments. Do you do 1 on 1 calls for coaching this particular project? It def would be my first investment. Not really sure how to acquire everything.😊🤦😏

[@losd2472]

Outstanding video, thanks so much!

[@jamescoughlin6357]

The question that I am wondering is if you put in the parking lot of a gas station, do you have to pay that gas station rent? If so, how much is normal?

[@jakewedge]

I’m super excited about this business. I’m looking into Kooler Ice. Thank you for the break down, loved the video. I’m looking forward to the new content on your channel. A Car Wash video would be awesome.

[@CodieSanchezCT]

Coming right up

[@abdultayyab]

My area has so many big named carwashes!

[@wandayoung5904]

Definitely check into Everest before you pull the trigger!

[@jakewedge]

@@wandayoung5904 will do. Do you work with them?

[@jakewedge]

@@CodieSanchezCT thank you

[@nikkicohn-byrd1261]

Ah love it! Dude Ice vending is so interesting

[@CodieSanchezCT]

Thanks friend!!

[@crr7300]

Loooveee this video. Please give us an update!

[@Dustystyles]

Codie is so dope. My ex is looking for something to get into...I sent the link and told her just watch whichever of these call to you and start your journey!

[@Godisone88]

Love ❤️ all this information thank you so much. Now I want to start something

[@darkdrakex]

So i have between 50-70k to invest. What would you suggest starting in? I already have started doing rentals (8 doors) and work full time as an engineer. I love your channel keep it up

[@tatiannasweets2691]

I love your personality you made this video very informative and entertaining 😍🤗🤗

[@LifeOfLoveNHappiness]

Yep. I can really understand ice as a very successful business. There could be lots of options for this in Florida. #5 video today. 🙂

[@kutie216]

Can you make a video about your father’s insider trading at JP morgan?

[@noksbisso3647]

Just find this channel and subscribe. This the best small business tips so far 👌

[@budgetingdaddyuk6761]

Great video and very great business idea.

[@martinreport]

@Codie Sanchez I didn't see it addressed in the video, but wouldn't assume that demand for ice is uniform throughout the year. You are calculating monthly profits based on sales expectations that can't be nearly as likely in December as they are in August. I mean, I get that you still may need ice when it's cold. But, did you find anything out about the demand in fall, winter, and spring?

[@marisalopezmartinez2169]

Awsome content Codie and love that you are leveraging youtube, you make boring businesses super exciting! This year I will set up my first water and ice vending station.

[@abdultayyab]

Please share your experience with the process!

[@jesusrosefromthedead8017]

Yes please share !

[@jennettebratzler2728]

Awesome! This is interesting to me too! Hope you share how it goes!

[@minhthivole3850]

How is your business going? I would like to hear your sharing.

[@michellegraceherman]

Great find Codie!

[@CodieSanchezCT]

yay!

[@MinisterMindset369]

Great content. Very easily digested and eloquent, not to mention humorous. You hit all of the marks and then some. Thank you for everything you do.

[@cirtey29]

You are so cool, so energetic and I love the content.

[@aaatsss]

Love the videos, so full of energy! Been binge watching for few days. This has really helped me get up and move to get out of the 9-5 where I feel totally stuck. BTW, bought my first site from flippa today, hopefully can gain traction to start increasing my wealth and replace day job with my own job. Thanks!

[@ashleymiller7391]

Good luck to you! Also, I kinda have been watching a lot of her videos too and just recently subscribed lol. :)

[@enerrod2418]

Eres GRANDE Codi! Gracias!! As usual awesome content, U flow easy, U make U The point clear, I apreciate so much U back up Ur talk, Thank U C !!!!!!

[@OpusWon]

OMG I'm looking at this now! Great video. I feel I'm a bit late to the game...(over 50), but I feel like I can put a solid retirement plan together with smart + hard work and your help...thanks Codie. Glad I found you on Twitter. Everyone should follow her.

[@purewaterswva.5409]

I know a better one

[@kevinting4543]

Hey Codie, so I reached out to the guys at IHA and they said that they don't offer financing for the machine. When your friend said financing was available at 6:47, was it third party financing? How did they get in contact? Thanks!!

[@kutie216]

Codie was born rich. Her dad is in prison for insider trading. I wouldn’t take advice from her when she literally makes up these numbers

[@dankelly]

The guy you used as your example at the beginning sells 30 bags per day... And being from a big city, that sounds like a heck of a lot. To sell 75 per day you'd need to be the only I've vendor in a tourist town.

[@CodieSanchezCT]

Yup agree I think it depends on season and location

[@loveb-v6c]

Hey Codie, where's the link for the calculator? Pretty cool tool I'd say for forecasting

[@sidhsharma1813]

Another amazing video ⚡️🙌

[@kyleds8888]

Incredibly valuable info!! Only thing that threw me off was the editing, like 8:12 was weird hahah

[@Axole_Nico]

What happens when it's winter ? Are there 15 bags being bought still ?

[@harleyehuffinejr2432]

Thank you very much I appreciate it all.

[@melnick1989]

Hi Codie where do I start to look for companies to buy? Like ice machines?

[@andrewscot8553]

Love the video! And I really like the idea

[@theMr.K]

Great video as always. 🔥🔥 Also, can you please use a microphone for the KZbin videos. Your voice echoes and that makes the video sound quality down. Anyway thanks for the ideas and keep posting more. ❤️😘

[@jonathanbrown8756]

Codie. Where have you been all my life. If I wasn't working so hard I would consume all of your content in the next 20 hours. But I have 2 going on 7 of my own companies to run so I will have to take the next couple weeks. I love the ice and know where to put it. So maybe I will make that 8 companies. You rock!!!!

[@sadnlonelywithoutmydaughter911]

Technicians cost 100 hr plus so if you only save 100 a month And the second month in your machine breaks down and you gotta pay someone to come out plus parts, I'd say you're in at least 1k or more. Nothing is as simple as KZbinrs claim they are to be.

[@kylekotecha153]

Thanks, I’m absolutely doing this. I have a guy that has manufacturing in Asia and import to US. Maybe we can grab a bulk of these machines for a fraction of the cost. Also, we could add solar to cut down on some of these costs.

[@no_lft_shft]

I live in Virginia Beach. Awesome opportunity idea. Thanks!!

[@alialejandro7792]

Great video! I don’t see the link for the calculator, please share ❤

[@ACE_888]

Loving this content

[@sunnyjogardner7525]

Great video, very informative and enlightening! Can you please provide the link for the calculator? Can't seem to find it. Thanks!

[@rjgrimshaw]

Ok, couple of questions. For the $35k machine what was the term for financing? Is this a lease? The electrical costs should be fixed and not based on the bag. You will have additional Cost to run the plumbing and electrical out to the location, as well a separate electrical tie in. I am a big fan of the model, however I believe above is important in order to properly conduct due diligence.

[@CodieSanchezCT]

Hey there ok couple of items go to contrarianthinking.co to see the model breakdown. These are asset purchases on owned or leased land. So in Texas we have variable pricing on utilities often but it depends on ur state.

[@TheSoloAsylum]

Don't believe any $ numbers you see on this channel....This is like a dream world, cartoon version of a investment channel.

[@kamalsaigal6062]

@@TheSoloAsylum haha really?!

[@TheSoloAsylum]

@@kamalsaigal6062 Yes really.

[@kamalsaigal6062]

@@TheSoloAsylum Pls elaborate

[@darkideas2088]

Codie!!! That was a cool segment 😎 Thanks for breaking the ice down to n-ice, easy chunks to consume. After chilling and thinking about this. I'm going to have to see what I can do to get into this business. See if I can get some liquid-faction out this and get me some cold, hard cash. Well, that was fun. But joking aside. Cody your Fucking aswome. Thanks for your time, hard work and reasch.

[@andreagate542]

great business idea!!!!! I tried to look for the cost calculator you mentioned in the video, but was not able to find it in your description… can you kindly tell me where I can find it?🙏🏽