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- Is financing available?
Arctic Wolfe has preferred SBA
lenders available. Bank Presentations and
Business Plans are also available through Arctic
Wolfe. Credit worthiness is required.
- Are there other ways to finance an
Ice House other than bank financing?
In some cases individuals prefer to
partner with two or three others to reduce or
eliminate the need to borrow money. In other
cases an individual will act as the "sweat
equity"/managing partner while another partner
provides the financing.
- Do I need any employees to run my
ice vending business?
Not usually. An Ice House is fully automated and
self serve. Typically, owners derive tremendous
pleasure from checking on their machines every
day or two. However, Ice House owners or
investor groups with multiple units may choose
to hire someone to oversee their operations.
- How many bags of ice per day can an
Ice House deliver?
There are many factors that determine how many
bags an Ice House can deliver. In real life
application an Ice House can deliver between
300-600 bags per day. This number depends on how
much time customer demand allows the ice maker
and ice storage bin to recover. However if
weekly demand regularly exceeds an average of
2,000 bags of ice per week a second ice maker
should be added to the Ice House to increase the
machine’s recovery abilities so it can produce
more bags of ice.
- How much income can I expect to
generate per year?
Income depends on several variables, including
but not limited to local demand, price per vend,
and fixed cost One Ice House can easily
supplement current income or retirement income
while multiple Ice Houses have the ability to
replace fulltime income.
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Sales Projector
- What is the average payback per
machine?
The average payback on the total investment is
2.5 years. The average cash on cash return on a
20% down payment is one year.
- What is the average breakeven per
machine?
Average breakeven with 7 year debt
service is 85 bags per day. Average breakeven
with no debt service is 50 bags per day at a
vend price of $1.50.
- Is there a way to keep track of the
sales on a machine?
Yes, the Ice House can be equipped with a sales
counter to track the number of vends. To add an
extra level of security and accountability a
second sales counter with a lockbox or a
monitoring wireless internet service may be
added.
- What is needed to get my business up
and running?
First, find a busy, high-traffic
location for your Ice House. Secondly, make sure
the location has water, three phase electricity,
and phone lines. Once that has been confirmed,
you need to secure a lease then apply for local
construction permits. If your location is in the
county no local permits are required. Finally,
arrange for all required site improvements to be
completed and inspected. Once your site is ready
our technicians will deliver, install, and start
up the house for you.
- What if I have no experience with
finding lease space, working with sub
contractors, or city permitting?
Don’t worry. Although you may
experience a learning curve, Arctic Wolfe
will provide information and assistance in
everyway we can.
- What realistic timeframe is required
to become operational?
Finding a location adds the greatest
time variable to opening an Ice House. Once a
location is secure becoming operational will
usually take 45 – 90 days.
- What prevents an Ice House from
being in direct competition with another Ice
House?
Through a Purchase Agreement, a Business License
provides a Protected Trade Area around each Ice
House. No other Ice House can be placed within
that radius.
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Protected Trade Area Sample
- How do I know if there is a problem
with the operation of the machine?
If a problem occurs a phone system will
automatically telephone the owner or maintenance
technician to notify them of a problem. Wireless
internet services with expanded features are
also available.
- What about operations training?
Our technician will train and support
each owner on the operations of an Ice House.
- What is the inventory of the Ice
House?
Bags, twist ties, quarters, and ICE
- How big is an Ice House?
The Ice House is approximately 200 square feet.
The dimensions are 8'4" x 24' and weighs
approximately 10,000 pounds.
- How well is an Ice House built?
Ice Houses are built with 4" thick insulated
refrigerator panels. Inside components are 100%
food grade stainless steel. Ice Houses are built
and anchored to withstand Hurricane winds of 150
mile per hour.
- Ice House America has a 12 month
warranty. Third party warranties are as follows:
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Warranty
- How do I get more information?
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Arctic Wolfe
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