With no inventory, restocking, or hiring, an ice and water vending machine is one of the easiest passive income businesses
A single ice machine can be a great way to add a bit of extra income, and additional machines are even better! Many of our owners expand their business to multiple machines in an area. If you’re already checking on your machine weekly, to collect the cash or to do any routine maintenance, then it’s easy to manage a few more nearby—and you can quickly build your passive income with very little added effort.
By building your fleet of ice vending machines, you can generate profits that can quickly outpace even high-level 9-to-5 jobs, at a fraction of the effort.
Building passive income with an ice and water vending machine is easy, and we make it even easier. We’ll help you choose a location, get financing, and install your machine, so you’ll be ready to start vending and start making money!
IHA ice and water vending machines are built to be the best passive income business. Here’s why:
We built a calculator to help you factor in costs and forecast ice vending revenue.
If you build a business that consists of multiple ice and water vending machines, you’re not just creating profit monthly, you’re building a business that could potentially sell for much more than your annual revenue.
For most businesses, the hardware and technology that you purchase loses value as it ages. And, if you search aftermarket websites for some of our competitors' machines, you’ll often see items for sale for half of the original price or even less! But, IHA machines and enterprises are different.
When you build a business with multiple machines and have success in a specific geographical region, you are building something that is potentially worth more than the machines themselves. Potential investors don’t see a piece of equipment, they see a successful location with a profitable P&L that will generate them easy cash flow into the future.
Many of our owners have sold their entire multi-machine businesses for three to five times their annual generated revenue. These owners not only enjoy monthly cash flow with minimal maintenance, but they also enjoy a big payout when they ultimately decide to retire or exit their ice and water business.
There are no franchise fees or franchise agreements, but we do have some rules about using the Twice the Ice brand—which is the best known name in ice vending.
If you’re looking to grow an ice and water vending business in a specific region we can help you protect that territory for your expansion plans. This helps both our current and existing owners; new owners can’t put a machine too close to one of our other owners’ machines, ensuring that they don’t compete with or overlap each other, and current owners don’t have to worry about losing money due to market over-saturation.
Whether you plan to purchase 1, 3, 5, 20, or more machines, you can rest assured that your fellow IHA machine owners will be your community, not your competitors.
(904) 241-7535
278 US Highway 319 South, Moultrie, GA 31768
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