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

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 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 an ice block business?

The list of equipment needed to start a successful ice block business are

  1. Ice block is more convenient to produce from home, meaning that you need a location.
  2. Ice block making machine.
  3. Deep freezers and ice block making machines.
  4. Generator that can conveniently power your machine or deep freezers.
  5. A good water source.
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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 making machine?


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.

Can you make money selling ice?

Many people simply get trucks and drivers to take them around selling the product to customers. Based on the kind of ice cream they are selling, and where the business is located, many people are able to make at least a few thousand dollars every month selling ice cream.

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How long does it take to make ice blocks?

How Long Does It Take Ice Cubes to Freeze? In most situations, ice made in a standard ice tray — those plastic models with space for a dozen tapered cubes — takes about three to four hours to freeze in your home freezer.

How do you make ice blocks in the freezer?

If you need to make a block in a hurry, fill your container with ice cubes, then pour water over it — again, a little at a time. But each layer will freeze in 30 minutes or less, and you’ll have a block in about 6 hours (or less, depending on how thick you want it).

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 do you make the best ice blocks?

One of the simplest way to make blocks of ice is to use leftover milk jugs, soda bottles or water bottles. These are super simple to fill up and freeze and have the benefit of the fact that as they melt they won’t make your cooler wet and you can use the water inside for drinking water as they melt.

What is block ice?

Block ice is exactly what it sounds like, a big block of ice, typically 25 pounds or more. This type of ice used to be quite common in homes and was used in the “icebox” which was the first, low-tech version of the refrigerator. Today, block ice continues to be a prized product in ice with many uses.

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