How We Made $71k With Ice Vending Machines
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- Äas pĆidĂĄn 15. 05. 2024
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How does one guy make $71,000 in passive income on his ice vending machine business? This video breaks down how to start your own ice business, and how Iâm looking at investing so we all can make money off of ice machines!
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All content on the Codie Sanchez CZcams channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
#IceVendingMachine #PassiveIncome #NewBusiness - Jak na to + styl
What else do ya'll want to know about passive income with ice vending?
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
@@tomcobb1829 so thatâs more of a legal q which Iâm not an attorney what I will say is all my businesses are incorporated in some way and insured. Itâs a good point!
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 Iâm familiar with that might work for this area definitely seasonal destinations so if you did have any thoughts Iâd love âem.
Thank you for the research and video!
@@Lucas94clay so we have a blog post on this too thatâs more in depth at contrarianthinking but it just varies so much by location so Iâd do my own dd on ur area
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!
I have so much I could say on this. Iâve owned 6 machines at one time. Down to 3 at the moment. You CAN make money. Itâs 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. Itâs NOT as simple as you think.
Thanks for your practical Guidance. Do all your machines are from Ice House America??? are those challenges apply to all types of vending machines??
Good to know.
Is there anything else that you do that you would encourage other people to do? Business wise?
@@jesusrosefromthedead8017 You could always paint houses/buildings....or hire other people to do it (the painting part of it).
Thank u for taking the bull shit from the videos
As a beginner, educate yourself. Learn the basics of investing and trading. There are many researches available online, including books, articles and online courses. Itâs a good idea to diversify your portfolio across different stocks and sectors to minimize risk and maximize profit. Iâve heard of people accruing over $685k and even more during recessions and inflations, its important to do your own research.
@@jupiterg.dickson98 My biggest fear is losing money and falling into the wrong hands. I wanted to begin by myself, but I am even more scared, because I clearly know nothing about all these.
It is only fair to be afraid, but you really do not need to be. Just get yourself a financial advisor and learn. That was what I did when I was a beginner. Remember nothing good comes easy. You need to take the risk and please be safe.
My financial advisor is *Christy Val D'souza* . She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and havenât regretted doing so.
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.
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?
Great video! I love your outside the box ideas on making cashflow.
Your so on point! Genuinely generous with sharing creating abundance đ
I spent solid 20 hours a week in CZcams watching tons of videos and I have never commented until today.
I love your videos! Thank you so much for your time and the golden nuggets!
Big fan of your channel. Keep them coming.
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.
I loved that I found you! This was a great video! I'm glad I seen you on Van Edwards show
Codie, is all new up coming entrepreneurs need in tips and advice. đ„ đ đ
I really love your videos. Thank you for posting. Love this.
Your channel is going to blow up through the roof .. good info ..excellent videos .. good editing
its clickbait
Been following you on Til Tok for a bit. Glad your on CZcams. I'm ready to pull the trigger on an ice machine.
how did it go
Randomly found you. Love the content!!!!!
So glad I found you . You are amazing .
Love â€ïž all this information thank you so much. Now I want to start something
Thank you Codie for the idea. Hello from Germany
Looking forward to more of these types of videos!
Yay!
@@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.
First video I saw of this channel. Impressive!! Subscribed!đđ
This is absolutely brilliant! Gotta diversify investments, and this is a great additional diversification
This was a great video. Please make more for CZcams.
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.
Please share your experience with the process!
Yes please share !
Awesome! This is interesting to me too! Hope you share how it goes!
How is your business going? I would like to hear your sharing.
Thank you for giving free knowledge
Yes! This is the content we need!!
Yayyyy
Love the video! And I really like the idea
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 !!!!!!
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.
âŹïžâŹïž Get in touch with Max for something huge
You are awesome Codie!
what a boss babe. I love the content, very helpful.
Wonderful video ⊠i love the ideas
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.
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.
If you think ice machines are passive, you have no idea what you're looking at, just like this video maker.
You arenât curious how much it costs to power these machines in a hot ass climate? I can guarantee itâs not cheap
@@TheSoloAsylum She is a clueless charlatan and so out of touch. I canât stand these youtubers
@@kutie216 what's your business success?
Outstanding video, thanks so much!
Thanks! Iâll be trying this as my next objective after I learn to wholesale. learning new things
AmaIng thanks for being here with me ;)
Just find this channel and subscribe. This the best small business tips so far đ
new subbie. i love this channel. I would love to learn how to analyze a deal
Great video as always. đ„đ„
Also, can you please use a microphone for the CZcams videos.
Your voice echoes and that makes the video sound quality down.
Anyway thanks for the ideas and keep posting more. â€ïžđ
Hey thank you so much I just modified this idea and about to kick ass you are awesome
âŹïžâŹïž Get in touch with Max for something huge
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...
hey Codie, it's obvious to me you're a good business woman, keep up the great work :p
"Ice Business" an amazing small business!
Well done!
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!
Great video, very informative and enlightening! Can you please provide the link for the calculator? Can't seem to find it. Thanks!
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!
Good luck to you! Also, I kinda have been watching a lot of her videos too and just recently subscribed lol. :)
I love your personality you made this video very informative and entertaining đđ€đ€
âŹïžâŹïž Get in touch with Max for something huge
Great find Codie!
yay!
Fantastic stuff Codie and your breakdown is excellent too thank you
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!!!
Thanks for the suggestion.
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.
I know a better one
Great video and very great business idea.
Now I know what passive income business to get in to⊠muchas gracias đđŒ!
Ah love it! Dude Ice vending is so interesting
Thanks friend!!
Loooveee this video. Please give us an update!
Another amazing video âĄïžđ
Loving this content
đ Tell Max to get you newest update on Crypto
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.
thanks for the video!
Iâm super excited about this business. Iâm looking into Kooler Ice. Thank you for the break down, loved the video. Iâm looking forward to the new content on your channel. A Car Wash video would be awesome.
Coming right up
My area has so many big named carwashes!
Definitely check into Everest before you pull the trigger!
@@wandayoung5904 will do. Do you work with them?
@@CodieSanchezCT thank you
Thanks Codie!
Love the break down you do on these boring businesses. Very educational and I like the format. What are your thoughts on small oil change locations as a cash flow biz? đ€
Ooo Iâve never done an analysis on one of those let me revert and see what we can dig up
Could you do this with no employees? How does this work operationally?
Youâre going to spend all your money on oil. Dealerships usually undercut prices and do oil changes at a loss because they want them groomed to bring servicing to them. When big oneâs hit or other things happen they make the money back. Small oil change locations just wonât pull the passive income because of overhead and employing one person. Much better investments out there
Loved this video
This was Amazing!! Never heard about this in "depth" until now. How would it be to use the verbiage to let places, place your machine on their property?
Thank you very much I appreciate it all.
Yep. I can really understand ice as a very successful business. There could be lots of options for this in Florida. #5 video today. đ
Codie!!!
That was a cool segment đ
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.
How do you ONLY have 4.93k subscribers? Your content is amazing!
haha we just launched but thank you spread the word!!
2 months later: 19k subscribers đ
Agree
Because everyone is not born to be a businessman. we are limited đ
24k subs now
Love this! I am going to start counting how many I have near me.
heck ya!
@@CodieSanchezCT đ Please HELP Me To Get Started In The ICE Vending Machines Business???
Very good info, ive always wanted to know how to get into the Water Mill business. Do you have vĂdeos on that?
âȘâŹ
Codie, I have to say, you have real good content, learning a lot from your channel. Please keep going with the good work, your audience appreciates it.
I see you at 10M followers in no time.
Great job.
PS: get a wireless Lavalier microphone đ
D*** where were you 30 years ago? This is another greatvideo job welled on
Thanks for the video
I f-in love your content! It is much needed. Looking into this investment.
Question: Is there a listing or resources where you can buy someoneâs ice vending machine business?
âŹâȘâŹ
Wow, good content!
Wow. Super energy
I live in Virginia Beach. Awesome opportunity idea. Thanks!!
Great video!
Hey Codie, where's the link for the calculator? Pretty cool tool I'd say for forecasting
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!
Codie- yet another brilliant video- there's always a cool way to make money- pun intended.
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?đđœ
This is dope!
So glad!
O ice cubes.... I was thinking of something else, lol
I love your channel content
Thanks, Iâm 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.
Thank you đđŸ
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.
Which models did you end up going with? How profitable are they?
Looking to open a couple of locations in Texas. Which manufacturer/model do you recommend?
I keep seeing Nd uderstanding a bit more each time, thanx to the main message, its out there get some! 20th century or 21st century way, that is key, and brilliant, symbolizm of how to aproach opportinity mind shift, open to new visions!
You are so cool, so energetic and I love the content.
âŹïžâŹïž Get in touch with Max for something huge
I love this channel!!
âŹïžâŹïž Get in touch with Max for something huge
Thanks!
This content was so good I had to like it on both of my Gmail accounts
ha that makes you the real g.
Great video, A+
I'm new here, and I'm just eating up your sh*t. Great stuff!
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!!!!
Great idea
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.
Thank you for this wonderful channel. Iâm subscribed now. How do I start with real estate with no cash deals if my credit is bad? Thank you.
Watch out for hard water. I saw an ice vending machine last about 3 months before they relocated it to a different county.
Incredibly valuable info!! Only thing that threw me off was the editing, like 8:12 was weird hahah
âŹïžâŹïž Get in touch with Max for something huge
In your research of ice machines what do you think of the Everest VX
cool idea...you rocks