I'm considering selling ice as a business venture, but I'm not sure if it's profitable. I want to know if there's money to be made in this industry, and whether it's worth investing my time and resources into.
6 answers
DigitalEagle
Wed Nov 27 2024
Typically, they range from 50% to over 80%.
GeishaGrace
Wed Nov 27 2024
This means that for every dollar earned in revenue, the business could retain between 50 cents to 80 cents as profit.
CryptoAlly
Wed Nov 27 2024
Ice making businesses hold the potential to be highly profitable.
Riccardo
Wed Nov 27 2024
When managed correctly, these ventures can yield significant returns.
LightningStrike
Wed Nov 27 2024
Various costs, such as labor, utilities, maintenance, and other operational expenses, are accounted for in this calculation.