$2500/month in (Almost) Passive Profits: How to Start an Ice Vending Business
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- เผยแพร่เมื่อ 1 ส.ค. 2024
- Making extra money on the side often requires finding ways to create leverage.
Leverage means getting paid multiple times for work you only have to do once, and making money without having to actively do the work yourself.
One side hustler who has cracked the code on leveraged profits is Steve Slagle. By day, Steve works construction jobs. But outside of his 9 to 5, he now earns over $2500 a month from Beachside Ice, his ice vending machine business.
In this episode, Steve takes us through the world of vending machine location negotiations, landowner compensation, and the importance of maintaining positive relations. We explore the finer details of partnering with manufacturers, securing permits, and overseeing installation and delivery.
Tune into Episode 579 of The Side Hustle Show to learn:
**Ideal locations for steady demand with ice vending machines
**Financing options for starting an ice vending operation
**Local customer promotion with grassroots marketing
**Maximizing profits through maintenance strategies
**Scaling ice vending for semi-passive income
IMPORTANT LINKS AND RESOURCES:
** If you make a purchase through my links, I may receive compensation. **
👉 Full Show Notes and Text Summary: www.sidehustlenation.com/ice-...
👉Beachside Ice: beachsideice.com/
👉The 29 Best Items to Flip for a Profit: $50-5,000 a Month Part-Time: www.sidehustlenation.com/best...
👉Side Hustle Showdown: Sweaty Startups vs. Laptop Lifestyle: www.sidehustlenation.com/swea...
👉Everest: everesticeandwater.com/
👉Leaf Financial: www.leafnow.com/
👉Google My Business: business.google.com/create
👉How to Dominate Local SEO: From Side Hustle to $300k a Year: www.sidehustlenation.com/domi...
✅ LIKE MAKING MORE MONEY? SUBSCRIBE ON TH-cam:
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Thanks so much for tuning in!
Awesome interview with great information! One thing I’m not sure of is the $2500 a month profit. Is that per machine or total for all four? Thanks!
I have a machine in a bad location and I have to say, this interview encouraged me to make some calls about relocating it to a local beach. Got some active conversations going as we speak. Thanks for the inspiration and keep up the great work!
Thanks for watching, Jerry! Keep me posted.
Any update?
Great video! Such a rare thing on YT!
Thanks for watching, Jim!
Great interview!!!!!!!
Thanks for watching!
Good information 👍
Thanks for watching!
Do you know the manufacturer's brand or model so you can see it here in Brazil? (the smallest machine)
Not sure the specific model but the brand was Everest.
I am interested in starting an ice vending route in Florida. No where near Steve. Much farther south. I have a lot more questions than you asked of Steve. I was wondering if there is anyway I could get in contact with Steve for more info, maybe spend some time with him for more knowledge. I understand his time is valuable so I am willing to compensate for his time and knowledge.
The contact info I have is at beachsideice.com/
Hey, @andys2347 If you are interested, I have a brand new machine that needs a home. I am here in Florida also. Let me know if you are still interested.
Passive... but with lots of maintenance and checking in.
Really, how so? I would like to know more before I jump into this venture.
There's no such thing as true passive income. If he runs his construction business while it sells ice and water all day, I don't think he'll mind changing some filters. We just got our first machine and its going live in the spring and I run a landscape business so if it makes money while I'm mowing, I'll take it all day long even if I have to replace filters and clean the machine.
@@terry2211 you need to make sure no one broke into the machine and it runs with water and water can cause lots of problems.
Nice interview maybe i can get a SBA loan or something else
Thanks for watching!
Hey, @levernarethomas2505, If you are interested, I have a brand new machine that needs a home. I am open to seller financing. Let me know if you are still interested.