Are you looking for a passive income stream that can retire you from your job? Look no further than investing in a large ice machine!
These machines are installed on properties and hooked up to power and water. They require no employees, making them a perfect passive income stream for entrepreneurs and people looking to make money. Here's how owning a bunch of these ice machines can help you retire from your job today.
The average large ice machine produces roughly 900 bags of ice a month. At $2.50 a bag, that creates $2,250 monthly revenue. The cost to finance one of these machines is roughly $20,000. Clear terms show that it comes out to about $138 a month.
The operator in the area where I live has about seven of these machines. That means he's making $15,750 a month, which equates to $189,000 a year. The driving reason why this is such a great business model is because it takes no employees, minimal finance fees, and low maintenance costs. The only cost involved is the water to run the machine.
If you're good at negotiating, gas stations like this one won't even charge for rent because they think it's a value ad to bring more business.
Investing in large ice machines may not be the most exciting business idea, but it has the potential to make you a millionaire. With minimal effort and low costs, this passive income stream can help you retire from your job and live the life you've always dreamed of.
For more great Side Hustle ideas, check out "101 Real World Side Hustles."
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