Introduction to profits in the ice block making business
Hi guys, today I am going to share lots of interesting stuff about ice block making business. It is a profitable business where you can easily turn up your financial status. I’m sure you haven’t considered it before as a dependable source of revenue but the fact is it has the potential to change your financial status within a few months of starting this business. I always tell you that choosing the correct business niche is important if you are new to the world of business. Over that, the available capital also plays a pivotal role.
Step by step guide to make profits in the ice block making
Small scale business ideas are the best options to venture into as it involves less capital and most of them can be run at home without having any technical skills to get started. That’s why in this article, I will be discussing the ice block making business and how to proceed to make it a success.
This blog helps you in providing all the information about ‘how to start ice block making business in India.’
The market potential to make profits in the ice block making business
Being in the tropical region, India is having warm and hot weather throughout the year. The hot climate works in favor of the ice block making business as it increases the demand among the consumer of the same. Try to implement new processes like different kinds of shapes of ice cubes. Diamond shapes or different shapes also have a great demand in the market as the unconventional steps sometimes hit the bull’s eye.
Registration and license for initiating ice block making business
You need to just register your ice cube making business with your nearest administrative office and start your dream career opportunity.
Process of ice block making
As I mentioned earlier, the process of manufacturing ice blocks is very simple as we all know refrigeration of water at low temperatures will convert it to ice.
Raw materials required for ice block making business
Water is the basic raw material for starting this business. So, a good source of water is necessary. As ice cubes will be used mostly for consumption, so it is necessary to use the pure form of water like sterilized or distilled. The best part is that water comes in free of cost and the purification procedure also costs very less.
Machinery for ice block making 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.
Generator: Power cut issue is a great issue in India and that’s why for continuous operation, the generator is a must for uninterrupted operation.
Nylon bags for packaging ice blocks
Ice bags so-called nylon bags are required to pack the ice cubes. It also helps to print your brand name in the same to differentiate your products from others.
Advantages of starting an ice block making business
Choosing the correct business niche as per individual skills and capability is a must for the success of the business. So before starting the ice block making business in India, it is very important to know the different pros and cons of the same. After that, it will be easier to decide whether to venture into this business or not.
Small scale business to start with: The ice cube or ice slab making business doesn’t need a huge infrastructure or capital to commence. It can easily be started in a small rented place or even in your own house.
Very minimal investment: If you are running the business at your home, the only major required investment is for the machinery. There will be other recurring costs like the purchase of raw materials and supply bills. But the one-time cost is very less.
Required skills: You don’t need to have a higher degree of qualification to start this business. It will not matter much if you don’t possess specific skills related to the business. But this will not affect your business profitability. The complete process of the manufacturing of ice blocks is very easy which can be learned in very few days.
Profitable home-based business: You can save the amount of rent or lease by starting the ice block making business at home. If you have sufficient space to install the different machines, you can easily start the same at your residence. Here, you can take the help of your family members to assist you with the business too.
Disadvantages of starting ice block making business
Seasonal business: The climate plays a critical role in this business. If the weather becomes a bit cold due to winter or heavy rain, the demand dips a lot. The business comes down to zero during the 2 or 3 months of winter. So it is the rest of the reaming 9 months in which you need to do the business of 12 months.
Perishable: Here, perishable doesn’t mean getting damaged. It refers to melting if the ice melts down, it doesn’t have any value. Due to transportation or malfunction in storing, the ice may meltdown. So, there is a zero chance of error in the business.
Quality standards: The maximum volume of your production will be used for consumption. Like water, soft drinks, hard drinks, and with others. So, it is very important to maintain the quality of the product in every produced unit.
So, above are the different pros of the ice block making business that you can take advantage of for the successful running of the business. And the information about the disadvantages will need your attention to take the necessary steps to overcome.
Investment or the cost to start an ice block manufacturing plant
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The ice-making machine price is based on the number of tons.
Price list ice block making machine ranges based on your choice of brand.
1 Ton ice block making machine price ranges from Rs. 2 to 5 lakhs / Unit
2 Ton pharmaceutical ice making machine price ranges from Rs. 5.5 to 6 lakhs / Unit
3 Ton automatic ice block making machine price ranges from Rs. 6.5 to 8 lakhs / Unit
3.5 Ton ice block making machine price is Rs 9 to 10.8 Lakh / Unit
The ice block making plant set-up cost is Rs. 1 lakh
Raw materials cost is Rs. 50,000
Other miscellaneous charges are Rs. 50,000
So, the total cost for starting the ice block making business is Rs. Rs. 5 to 6 lakhs / Unit.
Profits in the ice block making business
You might think of how lucrative is ice block making business before starting the business. You can expect ice block making profits that range from 40% to 50%. In 1st year you can expect a profit of Rs. 2 lakhs after minimizing all the investment costs. But from 2nd year you can get a profit of Rs. 5.5 lakhs to 6.5 lakhs.
Marketing strategies to promote your business
You can promote your business by registering online and promoting through social media websites. It is better to have contact with ice block manufacturers near your area. So, that you can get a few contacts for your ice block making business.
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