Quick Answer: How profitable is ice block business in Nigeria?

One of such businesses is ice block making. It is a business that people tend to look down on, but it is a very lucrative business, especially when operated on a large scale. Research has revealed that one can make between N250, 000 to N 300, 000 profits monthly.

How much is ice block sold in Nigeria?

Prices of An Ice Block Machine

The price of an ice block maker ranges from 400,000 to millions of naira depending on its capacity.

Is ice making business profitable?

The ice making industry can be lucrative but competitive, here are a few business models to look at and what to potentially avoid. 5. Make and sell dry use to be used for preserving food for longer periods of time such as when exporting.

How do I start my own ice cube business?

Ice-block making machine: You will need to buy the ice-block machine for the business. You should do a thorough survey to get the best but affordable machine from the market. Freezer: This one is optional but useful for storing the end product. It can help the ice to be stored for 3 to 4 days even without power supply.

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How much is an ice block?

Dry Ice Block

Order Amount Price Per Pound
10 lbs $6
20 lbs $4
30 lbs $3
40 lbs $2.38

How much does it cost to start a ice block business in Nigeria?

Funding for Ice Block Making Business

You can start with 50 blocks ice making machine which is less expensive and less profitable. But if you want to generate say N300, 000 per month, then you need about Three (3) Million Naira and above as capital to purchase your Ice block making machines and other equipment needed.

How much is ice making machine?

ICE MAKER MACHINE – ICE MAKER – ICE MACHINE – ICE MAKER FOR SALE – ICE MACHINE FOR SALE

Product price R13,999.00
Additional options total: R0.00
Order total: R13,999.00

Is there money in selling ice?

So, how much money can you make? If you sold 30-twenty pound vends per day on average for the year at $2.50 per vend, then your gross revenue would be $25,000; increase your sales to 50 vends per day and your gross revenue would be $42,000. Not bad for an investment that can be as low as $35,000.

How much does it cost to start a ice vending business?

The fixed cost of the machine itself is another story. Ice vending machines vary from about $20,000 up to $100,000 or more. On top of that, there will be some site work in placing the machine on the parcel and having parking blocks or barriers installed around it.

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Can you still buy block ice?

It used to be easy to grab a big block of ice at most grocery stores, but most stores stopped selling it. Today most people buy block from an specialized vendor or make it themselves. Luckily it’s not hard to make ice blocks in your freezer. Almost anyone can do it with basic equipment and items found in most kitchens.

How much are dry ice blocks?

Dry ice comes in blocks usually of between 1 to 5 pounds. You’ll be asked how much you want when purchasing. When using it for punch I generally buy a 1-pound block which costs between $1-$3.

Does Walmart sell ice blocks?

This block ice for camping makes a nice bed in your cooler. Use it to keep your sandwiches, meats, sodas and more chilled until ready for cooking and consumption.

Specifications.

Brand Ice House America
Container Type Bag
Flavor NOT STATED
Form BLOCK
Manufacturer ARCTIC GLACIER INC.
Across the Sahara