ice making business plan sample pdf

Ice Block Making Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Manufacturing Sector

Are you about starting an ice block making business? If YES, here is a complete sample ice block making business plan template & feasibility report you can use for FREE .

Africa has a teeming population that is faced supply electricity problems which has forced many to use ice blocks to preserve their food and drinks. This demand for ice blocks not only from households but from caterers and traders has created a business opportunity for any enterprising entrepreneur.

Aside from the electricity supply problems, a large portion of Africa lies on the earth’s equator and also falls within the tropical climate region, which makes for these parts to face more heat than when compared to other temperate regions in the world.

This hot weather is also another reason why many people often need to take something that is chilled in order to not only rehydrate their bodies but also feel refreshed as well.

A Sample Ice Block Making Business Plan Template

1. industry overview.

The terrible electricity supply situation in Africa means that in many countries, less than 20 percent of the population has a connection to the main grid; this situation is not any better in the rural areas , as less than 5 percent of the population in these areas are connected to the main power grid.

This terrible electricity situation is one of the main reasons why the ice block business is booming and has become a lucrative business for entrepreneurs that are willing to go into it.

The cost of manufacturing ice blocks requires the ice block maker, electricity, water and nylon or plastic bag. A 10kg of block of ice will be able to preserve drinks for at most 2 days for a family with domestic needs, while it will help a drink vendor easily sell off his or her stock without having to buy block for at least the two days in question.

A  good ice block making machine that is of a little size can churn out 20 blocks in six hours and can go for an average of 3 production cycle a day, and with average prices of those blocks pegged at N100 in the southwestern states, one can easily turn a tidy profit monthly.

Anyone going into this business can pick a niche of ice blocks he or she intends to go into or go into all at once depending on the capacity. Several types of ice blocks that can be produced in Nigeria include ice tube, ice block, ice cube and cracked ice.

This business is a very hygienic one and due to that it is necessary that one source for clean water that is drinkable, such as water that is filtered, purified, distilled, from natural springs or water that is bottled. Asides water, the facility to be used is also very important for the growth of the business.

2. Executive Summary

Sam’s Ice Block Ventures is a standard ice block making business that is not only fully registered but also licensed as well here in Egbeda – Lagos, Nigeria. Before starting our business, we have secured all the necessary permits and licensing from the Lagos State Government.

We are in business to offer various services to all our customers in and around Egbeda. This means that we will be involved in wholesale and retail of ice blocks, cooling services, sell ice block making machines and even help in maintaining or repairing these machines for our various customers.

Our vision is to ensure that we are well known in and around Egbeda for our various services and to be the preferred brand for many.

We intend to run a transparent business that is ethics inclined and that’s due to the fact that we are customer centric as we place a high value on our customers and are ready to go the extra mile to ensure that our customers’ expectations are not only met but exceeded.

We intend to treat all our loyal customers well by ensuring that we offer them discounts during certain times and periods, this will allow them to remain loyal to us and also help refer others to us as well. We intend to build a solid business structure and are willing to go the extra mile in ensuring that we get only competent and hardworking staff to work in our company.

We have laid down procedures and structures, therefore only those who clearly align with our vision and philosophy and understand how to take our business from where we are to where we intend it to be, will be chosen to work for our company.

We will ensure that we inculcate the habit of best practices amongst our employees. Also, to keep our employees happy and also productive, we intend to ensure that we not only create an environment that is conducive for them but that we will pay them well and also ensure that they have great welfare packages better than what their counterparts in similar startups such as ours are having.

Our facility is one that is also easily accessible for our employees and is one that will not be inconvenient for them to get to every morning.

Finally, Sam’s Ice Block Ventures is fully owned and managed by Mr. Sam Adeyanju who has more than 10 years experience in this business and will bring his business expertise to bear. Mr. Sam’s wealth of experience will also ensure that we attain the heights we intend to and that we are able to compete favorably against our competitors.

3. Our Products and Services

Sam’s Ice Block Making Ventures is a standard business that is fully registered in Nigeria in order to not only make profit but to close the gap created by lack of electricity supply which the Nigerian government hasn’t been able to solve.

We will be retailing ice blocks and also selling wholesale and also perform other services so as to have multiple sources of income and have a solid bottom line that will boost and sustain our business. Therefore the products and services that we will make available to our customers are;

• Wholesale and retail of ice blocks of all sizes
• Cooling services
• Sale of ice block machines
• Repair of ice block machines
• Advisory services

4. Our Mission and Vision Statement

• Our vision is to ensure that we fill in the gap left by lack of electricity supply and ensure that we are always able to meet the demands of our customers without fail, here in Egbeda – Lagos.
• In order for us to achieve our vision, we will ensure that we get a quality ice block making machine and also employ capable hands that will allow us not only meet the expectations of our clients but create a distinction of our business from that of our competitors.

Our Business Structure

We at Sam’s Ice Block Ventures are set to become a leading ice block making business here in Egbeda as well as all around its environs and to achieve this, it is vital that we build a solid business structure that will allow us start and run our business with as few hitches as possible and also allow us achieve our goals and objectives.

In building a workforce for our business, we will focus on those that understand customer excellence and also the vision that we stand for as a company. Those we will employ must have knowledge of how to work efficiently and how ice block businesses work so that they could help build our business from the start to the level we intend.

Because we will be running an ice block making business that will not be the conventional type that others are running, we will be employing more workers to our business that will be given various positions and tasks. This means that we will not only hire salespeople to sell these ice blocks, we will need those with mechanical knowledge that know how to identify genuine ice block machines but can repair them as well.

Therefore, Sam’s Ice Block Ventures will employ the following people to handle the different responsibilities from its various tasks;

Chief Executive Officer

Human Resource and Admin Manager

Store manager

Accountant/Cashier

Ice block machine repair and maintenance manager

Front Desk Officer

Distribution and Delivery Driver

Marketing and Sales Team

Security Guard

5. Job Roles and Responsibilities

• In charge of creating the organization’s vision, policies and directions and ensuring its effective implementation
• Responsible for creating the organizational budget
• Meets and negotiates with high level clients in order to secure deals on behalf of the company
• Provides counsel, coaching and also disciplining of key staffs all in a bid to achieve organizational goals
• In charge of recruiting, selecting and carrying out orientation of new employees in order to get them attuned to the organization
• Conducts staff induction or new members
• In charge of employee welfare and other incentives
• Ensures the smooth running of the company administration-wise
• In charge of interacting with customers and ensuring that they make a purchase
• Ensures that ice blocks in supply is in conjunction with the requirements of the management
• Ensures that the store is always kept clean at all times and carries out light repairs on defects when necessary on behalf of the organization
• In charge of preparing financial reports, statements and budgets for the organization
• Monitors cash inflow and outflow and ensures that they are well documented
• Develops financial policies and also administers payroll on behalf of the organization
• Carries out repairs and maintenance services on company’s ice block making machines
• Repairs ice block machines for clients on behalf of the organization
• Handles any other duty as assigned by the human resources manager
• In charge of attending to enquiries and orders from clients
• Receives customers’ complaints and ensures that it is promptly attended to
• Have an updated and accurate customer database on behalf of the organization
• Drives and maintains the company’s delivery and distribution vans
• Ensures that ice blocks are delivered at the right destination
• Drives safely at all times and obeys all traffic regulations
• Conducts a market survey in order to determine new target markets for the organization
• Drafts an effective marketing strategy to bring in revenue for the organization
• Carries one-on-one marketing and achieve sales revenue on behalf of the organization
• Cleans the premises and ensures that it is kept clean at all times
• Ensures that the cleaning supplies are always in stock
• Carries out other duties as might be determined by the Human Resources Manager
• Ensures that the facility and outside premises is secured at all times
• Gives security tips to staffs of the organization from time to time
• Handles any other duties as might be assigned by the Human Resources Manager

6. SWOT Analysis

Before starting an ice block business or any business for that matter, one has to understand the business concept in order to determine if the business is worth going into.

Because we intend to run a standard ice block making machine business, we have hired the services of a reputable business consultant here in Egbeda – Lagos, who not only understands the kind of business we are going into but also the area which we intend operating from to look critically at our business and help us determine how we are likely to make it here.

The business consultant will be making use of four attributes – strengths, weaknesses, opportunities, and threats – in order to determine how likely our ice block making will succeed and compete favorably against its competitors. Below is a of the SWOT analysis that was conducted on behalf of Sam’s Ice Block Ventures here in Egbeda – Lagos;

Our strength lies in the fact that we are located in an area that is densely populated and has less supply of electricity compared to other parts of Lagos, this will make our service a highly demandable one for traders, caterers, and domestic users.

Also, we are offering various services in addition to our core service, which makes us to stand out from our competitors who are not offering half of what we are.

We also have in our employ dedicated and committed staffs that have the experience are attuned to our corporate goals and objectives and are willing to work hard to ensure that we attain our corporate goals and objectives. Also, our excellent customer culture is already giving us a high ranking as we have a high retention of our clients compared to that of our competitors.

Our weakness stem from the fact that we are relatively new in the business and as such might not have the required finance and staff capability to be able to get as much customers as we like or be able to compete favorably against our neighbors.

• Opportunities

Egbeda is such a huge place in Lagos and so affords us enough opportunities especially as more people are yet to be aware of our core service as well as the additional services such as repair and maintenance of ice block making machines and cooling van services that we offer.

The high population figure here in Egbeda affords us the huge opportunities we will need to grow and expand our business.

Like every other business, we face certain threats to our business as well. One major threat that we will face is the arrival of a major competitor in the same location where we are operating from and offering the same services that we will be offering our customers.

Another threat is a major economic downturn that will cause low patronage from all our customers and lead to low revenue. Also, we are likely to face threats from those who are not in our line of business but who have large refrigerators and can put on their generating sets in order to gain a few customers from our target market.

Also, if the power problem improves and remains steady, we would see a drop in patronage for our services. As a business we are used to any threats that might crop up and are fully ready to combat any threat that our business is likely to face with strategies of our own.

7. MARKET ANALYSIS

• Market Trends

Even though many people own their own refrigerators and fridges that are designed to cool their own drinks, these devices cannot however be carried by people anywhere they go and as such they have to buy from places where drinks are cool.

Most of these vendors who are everywhere buy these ice blocks and cool these drinks for their various customers. This means that the more people are out of their homes, the more they are likely to buy chilled water or drinks outside their homes and the more ice blocks are likely to be sold.

Asides from vendors, other people who also use ice blocks are caterers and those hosting an event that would then need to chill the drinks so that the various invited guests will have something cool and refreshing.  Ice blocks offer these people a convenient way at cooling their drinks instead of using a fridge or refrigerator that would hardly serve the purpose.

8. Our Target Market

Even though we are located at a very strategic location here in Egbeda – Lagos, we still had to conduct a market research on who our customers are likely to be and how best we would draft the strategies that will allow us gain a huge share of the target market.

The market research allowed us to understand the characteristics of our target market and also know what they would be expecting from us.

Therefore, the following are those that we will be offering our services to and they are; pure water vendors , soft drink vendors, caterers, households, event hosts, ice block vendors and market traders (meat and fish traders). They are those we will concentrate in marketing our services to.

Our competitive advantage

Our aim of starting an ice block making business is to be able to fill in the gap caused by the lack of electricity supply and ensure that those who require cool drinks are able to get one in order to stay hydrated and also able to feel refreshed especially when they are out and about under the heat of the sun.

However, in conducting our market survey, we have found that we are not the only ice block making business here in Egbeda – Lagos, which means we are likely to face stiff competition in offering our services to the target market.

The feasibility study we conducted allowed us to thoroughly assess our competitors and understand their strengths and weaknesses. Knowing their attributes also allowed us to be able to come up with certain competitive strategies that will be of huge advantage to us and allow us not only attract but retain a huge part o our customers.

The first competitive advantage we have is that we are offering more services than the average ice block making business. This means customers are more likely to patronize us because they know they will get more from us than they would from our competitors.

Also, we understand the value of our customers, which is why we are customer-centric and offer our customers the best care as compared to our competitors. We offer our customers incentives from time to time and also ensure that loyal customers get something from us especially when they refer others to us.

Finally, we employed dedicated and committed staffs that understand how best to run a business such as ours and how we can achieve our goals and objectives as a company. Our employees will be well taken care of as their welfare package will be amongst the best across similar startups such as ours in the industry. This will ensure that they put in their best and increase productivity for our business.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Sam’s Ice Block Ventures is a business that has been established with the intention of making profit in the ice block sector here in Nigeria and we will do all we can to ensure that we offer enough services that will generate enough revenue to boost and grow our bottom line as a company. Therefore, Sam’s Ice Block Ventures will therefore generate income by offering the following products and services;

10. Sales Forecast

Due to the nature of the society we are in and the circumstances we have found ourselves, we have found that there will always be a demand for chilled drinks and ice block, which means there will always be a demand for our products that will then translate into revenue generation for our business.

Our strategic position here at Egbeda – Lagos has us well positioned to take over a huge section of the target market in the area where we will be located and has us quite optimistic and allow us meet our set target in order to generate enough revenue and even turn over a profit within our first year of business, thereby growing the business as well as our clientele base.

However, it should be noted that our sales projections were done after a critical examination of the industry as we needed to analyze our chances and know how we were likely to fare in this business. The sales projections were gotten based on information and accurate data gleaned from similar startups such as ours here in Egbeda as well as all over Lagos State.

Below therefore are the sales projections that was conducted for Sam’s Ice Block Ventures depending on several assumptions and data that was made available during the stated period;

• First Fiscal Year-: N980,000
• Second Fiscal Year-: N1,600,000
• Third Fiscal Year-: N3,000,000

N.B : It should be noted that the above projections were conducted based on what is obtainable in the industry as well as on certain assumptions, such as no competitor offering the same services arriving during the stated period, same state of lack of power supply and the downturn of the economy.

It shouldn’t be noted that should any of these factors change, there would be an increase or decrease in the figures projected above.

• Marketing Strategy and Sales Strategy

Marketing is very important for our business because not only will we generate the needed revenue that will grow and sustain our company, but it will also give us a chance to promote the image of our company well. It is to this effect that we have created a marketing budget to be able to cater to all the efforts that it will take to bring in more customers to our company.

We intend also to ensure that we draft marketing and sales strategy that will allow us to penetrate the target market and gain a huge share of customers to our business.

Building a loyal database of customers takes time and we are fully prepared to do so in less time that it will normally take as we intend to deploy conventional and unconventional means in getting the customers we would need for our business.

Asides our core service, we would be offering complimentary services as well which are cooling services and maintenance and repairs of ice block machines or assistance in procuring new machines for our customers. We have empowered our marketing and sales team to draft the necessary strategies that will see us attaining our corporate sales goals and objectives.

We have therefore adopted the following strategies that will ensure that we do not only attract customers but make sure that they become loyal and that a huge percentage of them are retained. Therefore, parts of the marketing and sales strategies that we intend to adopt for Sam’s Ice Block Ventures are;

• Ensure that we introduce our ice block making business to vendors, caterers and all the other stakeholders in the business here in Egbeda – Lagos
• Throw a party to launch our ice block making business in order to gain the attention of our target market and increase awareness for our business.
• Ensure that we place adverts in local newspapers and on three most popular radio and television stations listened to by our target market
• Use our social media platforms such as Facebook and Twitter as well as our official website to market our business
• Distribute attractive handbills and fliers in target locations and paste some at bus stops
• Place flexi banners around strategic points here in Egbeda and its environ

11. Publicity and Advertising Strategy

Even though we intend offering several services that is far better than that of our competitors, we would still need to ensure that we improve on our publicity so that we could not only increase awareness for our business and also compete favorably against our competitors but we would also generate revenue that will boost our business and allow us to grow.

We might need to engage the services of a brand consultant who thoroughly understands the market to help us draft publicity strategies that would be beneficial to our business. Also, the publicity strategies will help communicate our brand positively to our target market. Some of the platforms which we intend to use to promote and advertise our ice block making business are;

• Position flexi banners at strategic locations so as to increase awareness for our brand and the services we offer
• Distribute our fliers and handbills in target areas here at Egbeda
• Use social media platforms such as Facebook and Twitter to promote and advertise our business
• Create an official website and use this to advertise our ice block making business
• Place adverts on local newspapers and on certain radio and television stations
• Ensure that our staff wear customized official tee-shirts when at the office or out at the field

12. Our Pricing Strategy

Deciding on what prices we would offer our products is very vital as we do not want to offer our customers prices that are too high and might cause them to patronize our competitors or prices that are too low that we would be running at a loss and therefore kill off our company completely.

There are several factors that we would consider when determining the prices for our products and they are; what our operating costs are, what our overheads are, what our competitors are offering and what the demand rate is.

In order to however attract more customers into patronizing our business, we intend to offer all our clients a discount on purchases for the first three months of operation. Even though this might cause us to run at a low margin, we are quite assured that we would not be running at a loss.

• Payment Options

Due to the fact that we would not be only offering basic services but will be offering additional services that will bring in diverse customers, we intend to have a payment option that will suit all our various clients. The payment options that we therefore will offer to our various clients at Sam’s Ice Block Ventures;

• Payment via cash
• Payment via online bank transfer
• Payment via Point of Sale (POS) Machine
• Payment via Automated Teller Machines (ATM)

It should be noted that we carefully chose the above payment options in a bid to make it easier for our various clients and for us as well. We have made our bank account visible on our website especially for those who intend to pay before coming to our office to get the ice blocks.

13. Startup Expenditure (Budget)

While generating the necessary capital for a business is vital, it is necessary that one understands what to use the capital for in the first place so that the money would not be spent anyhow before the business starts off. There is no fixed amount to start an ice block making business and as such one’s capital could be low or high depending on the scale of the business the entrepreneur intends starting up.

Even though there are several kinds of ice block making machines, one has to be careful to get the genuine one so that one does not end up buying a product that will continually need repairs which will in turn drain the revenue of the business.

Therefore, in order to start our ice block making business here in Egbeda – Lagos, there are certain requirements we need to fulfill and they are listed below;

• Total fee for registering a business venture in Lagos – Nigeria – N40,000
• Cost of hiring a business consultant – N30,000
• Obtaining of licenses, permits as well as for other legal expenses – N30,000
• Marketing promotion expenses for general activities as well as for grand opening of our ice block making business – N20,000
• Insurance coverage (general liability and workers’ compensation) – N10,000
• Cost of renting a facility for a year and carrying out renovations – N120,000
• Operational cost for the first 3 months (salaries of employees and payment of light and other utility bills) – N100,000
• Other start-up expenses stationery, phone and computers – N10,000
• Cost of start-up inventory (ice block making machine, preservation units) – N1,000,000
• Cost o purchasing a fairly used van – N650,000
• Cost of purchasing furniture – N10,000
• Cost of launching a website – N20,000
• Cost of throwing a small party – N20,000
• Miscellaneous – N50,000

From the above estimate, we would require the sum of N1,860,000 in order to successfully start and run our ice block making business here in Egbeda – Lagos State. It should be noted that the amount covers workers’ salaries, purchasing ice block making equipment, a van as well as renting a facility for use for at least a year.

Generating Funding / Startup Capital for Sam’s Ice Block Business

Having the necessary capital to start a business is very important, because no matter how fantastic a business idea is, without the right funds, it remains just an idea; and it is only finance that can make the idea to become a reality. This is why having finance is very important, to start up the business and then to run the business without hitches.

Sam’s Ice Block Ventures is a business that is fully owned by Mr. Sam Adeyanju, which he intends handing over to his immediate family when it is time and so they do not seek to welcome any external investor into their business, which is why they have decided to source for capital from two sources.

The areas where they intend generating start-up capital from are;

• Generate part of the start-up capital from personal savings
• Source for soft loans from family members and friends

N.B : We were able to generate the sum of N1,860,000 with which to start our business. We got N1,600,000 from personal savings and a soft loan of N260,000  from family members and friends.

14. Sustainability and Expansion Strategy

Every business that is established needs several factors in order to remain sustainable and expand in future as it deems fit. The factors necessary for sustainability and expansion measures are building a solid business structure, conducting a thorough marketing and publicity strategy and also reinvesting back into the business.

Building a solid business structure is very important to us as a new business as we know that this will mean us having fewer hitches than we ordinarily should. We intend therefore to go the extra mile in ensuring that we get the best employees to work for our company.

The employees we will get are those that not only align with our corporate values and objectives but also understand how to take a business from where we are to where we intend to be. We will also ensure that we pay our employees better than other similar start-ups.

It is important that we generate enough revenue for our business that will allow us remain rock solid, which is why we have drafted effective marketing and publicity strategies that we will use in generating the needed revenue for our company and also create awareness as well.

This will allow us compete favorably against our competitors. Finally, we will ensure that we re-invest a part of our earnings back into the business. This action will allow us to have a strong bottom line and sustain our company as well as expand it.

Check List / Milestone

• Business Name Availability Check: Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Leasing of a facility and renovating the facility as well: In Progress
• Conducting feasibility studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of The Company’s Logo: Completed
• Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business both online and around the community: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party / launching party planning: In Progress
• Establishing business relationship with vendors – wholesale suppliers / merchants of cooking gas: In Progress
• Purchase of delivery truck: Completed

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Getting Started With Your Ice Vending Machine Business Plan 

• Land Owners

Posted on: December 18, 2019 |

Your business plan outlines the most important aspects of your new business. Your plan can help you make important decisions, obtain financing, and define the future of your business. Businesses of all sizes and types should have this organizational tool. In this blog post, we’ll walk through an example ice vending machine business plan which you can use as a roadmap for your own ice vending machine business plan. 

While there is a recommended format for a business plan , all businesses are different. We’ve simplified the traditional business plan format to highlight the elements that are more important to the vending machine business. Depending on your situation, you may want to add, remove, or change these sections and the examples provided.  

Summary and Description 

Your summary and description should describe what and where your business is, what you provide, who you are serving, and an overview of your team and structure. You should also include your competitive advantages, and why your business will be successful. The following is a brief example of your ice vending machine business description to get you started. We’ll use a hypothetical business, Example Ice, made by hypothetical owner Sara Example. Depending on the goals you have with your business plan, and the details of your business, you may wish to expand on it.

Example Ice provides fast, clean, bagged ice for consumers in the Example City area. Example Ice begins with a single mid-sized ice vending machine designed to serve moderate traffic at a pivotal intersection. This machine paves the way for Example Ice to expand across the Example City area. Led by Sara Example, with supporting real estate location and cloud-connected remote management services provided by Ice House America, Example Ice has the potential for stable, reliable growth in this underserved market. 

Example Ice taps into the area’s core working demographic, manufacturing employees. These residents are currently overpaying for less sanitary ice at convenience store locations in order to fill coolers on their way to work. Example Ice fills this need by providing instantaneous, affordable ice made on-location from a machine directly on the central manufacturing commute route.    

Market Analysis 

Market analysis is a critical part of any business plan. This is the part of your ice vending machine business plan where you will provide more details about your target market, growth potential, competition, and industry outlook. Supporting documents, such as maps, consumer surveys, traffic patterns, and demographic information, may be helpful here. These documents are generally appended to the end of your business plan, with reference points within the plan. Here is an example market analysis overview paragraph to get you started. 

Example Ice primarily serves manufacturing workers in the Sample District of Example City. This demographic has been steadily growing in Example City as Parent Manufacturing Company continues to expand (see appendix A). The primary traffic routes to and from the central manufacturing facilities are from Example Street A and Example Road B (see appendix B). Example Ice’s introductory, medium-traffic ice kiosk will be placed along this route at Example Intersection. 

With visibility from this popular route, including obvious signage and the machine itself, Example Ice can expect between 22,000 and 30,000 annual visits. Ice demand peaks are expected between June and August with the addition of seasonal road construction workers in the area, with demand lows between December and February as cooler temperatures decrease the need for ice.  

Currently, consumers purchase transportable ice in this area from convenience stores, including primarily Store A, Store B, and Store C (see appendix C). However, consumers have expressed dissatisfaction with this option due to the following: the inability to break up ice from the bag, the unsanitary nature of pre-packaged ice, the expense, wait times at the store, and low ice inventory (see appendix D). Example Ice solves these problems, providing a superior customer experience at a lower price.  

Organization and management 

How you legally arrange your business will depend on tax and finance implications, among other factors. Since ice vending machine businesses require minimal upkeep and no inventory, many business owners choose a sole proprietorship. This is a simple business arrangement that requires little preparation. Other owners seek to separate their assets using an LLC. This is a good option if you are i nvesting in an ice vending machine for retirement . If you are investing with a friend or family member, you might consider making a partnership, including a contract for financial responsibilities, revenue division, and buy-out options. 

Using our previous example, here is a simple organization and management overview with a sole proprietorship arrangement. 

Sara Example is the owner and sole proprietor of Example Ice. As the former manager of Best Example Restaurant for 7 years, Sara Example has first-hand experience in running and managing a small business. Sara was in charge of managing Best Example Restaurant’s invoices, inventory, payroll, and financial documents. She also made marketing recommendations and advertising decisions that increased Best Example Restaurant’s annual sales by 15% for three consecutive years.  

In this section, it’s important to describe why this product is important, how it serves the customers, and opportunities you may have for business growth in the industry. For some businesses with technologically advanced products or complex service structures, this can be a lengthy section. For your ice vending machine business plan, you are describing a product and process that everyone is familiar with, so less description is needed. Here’s an example. 

Transportable ice is a convenience for some and a necessity for others. For employees working long hours in manufacturing and other fields where working conditions can be hot, dry, and uncomfortable, a cooler full of ice helps to make the work day bearable. For perishable lunch items and drinks, it’s a necessity. Example Ice seeks to fill this need in a way that is faster, cleaner, and cheaper than currently available options. 

Ice vending machines provide readily bagged ice that does not clump together like store-bought ice, making it easier to transport to a cooler. Since it is made on-location from purified water, it is also more hygienic; store-bought ice trades hands numerous times during the bagging process, and may sit in containers for days. Finally, ice vending machines make ice faster and more affordable, with wholesale prices and no need to wait in line.

Marketing and advertising is essential for all businesses. If customers don’t know where you are or what you provide, they’re unlikely to visit your business. In this section of your ice vending machine business plan, describe how you will get your target market’s attention and convert them into consumers. This strategy will vary by location, the type of ice machine you have, and other factors. Here is a simple example. 

Example Ice’s first ice vending machine location at Example Street A and Example Street B is ideal to attract commuters going towards manufacturing plants. The machine itself will be visible from the road and clearly marked. To maximize visibility, prominent signs featuring ice prices and competitive advantages will also be placed in the adjacent lot. When motorists stop at the intersection, they will be able to clearly read these signs. 

To attract new customers, Example Ice will utilize Ice House America’s online ice management system, and provide discounts and free ice to customers during peak hours. These discounts will also be featured on the nearby signage. 

Funding Request 

If you are using your business plan to obtain financing for your first (or additional) ice vending machine, this will be particularly important. Your funding request should explain how much money you need, what you will use it for, and your projected payback period. Again, this section will differ depending on your situation. You might use this to apply for a business loan through a bank, or Ice House America can help you obtain financing through the Small Business Association. 

Example Ice is seeking a $30,000 business loan for the first ice vending machine location. This, in addition to Sara Example’s personal investment of $20,000, will fully cover the cost of the machine. Utilizing expected annual sales derived from traffic numbers and benchmark ice vending machine sales in comparable areas, Example Ice expects to repay the loan amount in 20 years at 4.5% interest.  

Now that you have a starting point for your ice vending machine business plan, it’s time to get started. If you have a location and financing options in mind, you can get started on your own. If you’re not sure, or you’d like more information about choosing a location and loan options available, contact us. 

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How to start an ice making business: a step-by-step guide.

• 5 3 月, 2024

Ice plays a vital role in various industries from keeping drinks cool on a hot day to supplying essential medical services. And with the ever-growing demand for this refreshing necessity, the ice-making business can be a profitable and stable venture to explore.

Whether you’re a seasoned entrepreneur or just starting your journey into the business world, this guide will equip you with the essential steps to turn your ice-cold idea into a thriving reality. So, grab a metaphorical ice pack, and keep reading!

Identifying Demand

Market Research

Conducting thorough market research is a critical first step when starting an ice making business. Analyzing the demand for ice in the target market and identifying potential customers with specific ice needs help you grasp the requirements of different customer groups.

Don’t forget to study seasonal demand fluctuations for ice, which can vary based on factors such as weather patterns, local events, and industry-specific requirements.

Customer Segmentation

Use customer segmentation to optimize your production processes and efficiently allocate resources.

Moreover, recognizing seasonal demand fluctuations within each customer segment is crucial for maintaining adequate inventory levels throughout the year. This segmentation approach allows you to adapt their operations to meet varying demands during peak seasons or specific events.

Tip: Effective market research and customer segmentation are key elements in establishing a successful ice making business. By gaining insights into demand dynamics and customer preferences, entrepreneurs can position their ventures for long-term growth and profitability.

Buying Ice Making Equipment

Quality Ice Making Machine

Investing in top-notch commercial or industrial ice machines and storage facilities is paramount for an ice making business.

When choosing ice production machinery, you should consider the specific requirements of their target market and customer segments. For instance, if there is a high demand for packaged ice in a particular area, investing in packaging equipment may be necessary to meet your consumers’ needs.

Tip: “The quality of your ice making equipment can significantly influence the success of your business. Investing in reliable machinery ensures consistent production and helps maintain high product standards.”

Maintenance and Upkeep

Proper maintenance for the ice making machine isn’t just about extending that equipment’s lifetime, it’s also key for peak performance and efficiency.

This includes cleaning , lubrication, and inspection of components to identify any potential issues before they escalate.

Speaking of savings, having qualified pros on staff who know their way around this machinery can prevent a world of avoidable headaches. Skilled techs can promptly troubleshoot problems, minimize downtime, and make sure the whole production line is operating within safe parameters.

Legal Requirements

There’s a bunch of red tape you gotta cut through first if you want to keep things legit. We’re talking permits, licenses, the whole nine yards.

And that’s just the start – you also have to make sure you’re following all the environmental rules and regulations for an operation like this. If you want this ice making biz to chill long-term, ensuring a smooth operation from the start is essential.

Permits and Licenses

At the core, you’ll need to obtain the proper business licenses and permits related to food production, manufacturing, and commercial operations. The ice making process itself is heavily regulated when it comes to health codes, safety standards, and environmental compliance.

The licensing requirements can admittedly get granular and complex, varying from state to state and even locally. That’s why business owners must do their due diligence upfront.

Getting legalities lined up isn’t just about checking boxes, it’s about building credibility and trust with your customers, suppliers, and stakeholders.

Environmental Compliance

Environmental compliance is an integral aspect of running an ice making business responsibly. It encompasses practices such as waste disposal, energy efficiency, and adherence to environmental protection laws.

Prioritizing energy efficiency offers a dual benefit – it cuts operational costs while promoting sustainability.

Marketing Strategy

Crafting an airtight marketing blueprint is mission-critical for anyone who is looking to cut through the noise.

Targeting Customers

Whether it’s providing bulk ice supplies to hospitality businesses or catering to event organizers, a tailored marketing strategy ensures that the right message reaches the right audience.

Moreover, analyzing the startup expenses for an ice making business enables you to allocate resources. By evaluating the cost of acquiring new customers against potential returns, you will optimize your marketing budget while maximizing outreach efforts.

Branding and Promotion

Creating a strong brand identity involves developing a compelling brand story that resonates with target customers while highlighting unique selling propositions. Use online channels such as social media platforms and websites, along with offline methods like local events or partnerships.

Tip: “Crafting a targeted marketing strategy that resonates with specific customer segments is essential for establishing a strong presence in the competitive ice making industry.” New Opportunities Another thing you should take into consider before starting an ice or ice cube business is to observe those potential opportunities in the market. These are some trending and creative marketing ideas: Focusing on commercial/industrial clients like construction sites, events, etc. rather than residential. Providing specialized types of ice like cube ice, flake ice or clear ice for mixed drinks. Capitalizing on a very local, niche market if there is huge demand in a particular area. Diversifying into selling other related products like bottled water.

The key is to come up with more creative ways to differentiate your ice making business and generate new revenue streams. With the right angle, you’ll find a new way to reform this traditional business.

Financial Viability

Cost analysis.

A comprehensive cost analysis involves evaluating the initial investment required to set up the business, including expenses related to acquiring ice making equipment, securing permits, and establishing operational facilities.

Additionally, assessing ongoing operational costs such as electricity, water, maintenance, and labor expenses is essential for developing a clear understanding of the financial commitments involved.

Profitability Projections

Estimating the potential profitability of an ice making business entails considering various factors. Market demand plays a significant role in determining the revenue-generating capacity of the business.

But revenue is just one side of the profit equation. You also have to meticulously account for all those pesky operating costs – equipment, facilities, labor, utilities, the whole nine yards. Sizing up those expenditures against your pricing strategy is crucial for projecting real bottom-line profits, not just top-line sales.

Final Thoughts

The path to launching a successful ice making operation may have its slippery spots, but tackle each phase with preparation and patience.

With meticulous planning and a commitment to quality products and service, your ice making business can capitalize on rising demand in a refreshingly profitable way.

Before long, you’ll be the one supplying the crowd-cooling refreshment that every good time depends on. What could be cooler than that?

FAQs about Starting an Ice Making Business

How much does it cost to start an ice business.

The startup costs for an ice making business can vary significantly depending on several factors. Some key expenses include:

• Commercial ice makers and freezer units
• Cold storage facilities or warehouse space
• Delivery trucks/vans
• Initial inventory of bags, supplies, etc.
• Legal/permitting fees
• Marketing and branding

On average, costs can range from a few thousand to several hundred thousand dollars.

Is Ice Making Business Profitable?

Yes, ice making businesses can be quite profitable when executed properly.

Profit margins for ice production and distribution range from 50% to over 80%. So every $1 in revenue could translate to $0.50 to $0.80 in profits after accounting for labor, utilities, maintenance and other operational expenses.

Of course, profitability hinges on factors like production volumes, operating efficiency, competition levels, and implementing smart pricing strategies. But overall, it offers promising earning potential for diligent entrepreneurs.

What Do I Need to Start An Ice Making Business?

Some essential requirements include:

• Commercial ice makers, ice machines and freezer storage units
• Warehouse, production, and storage space
• Bagging and other packaging equipment/supplies
• Refrigerated trucks or vans for distribution
• Permits/licenses for food production and sales
• EIN, business registration, insurance, etc.
• Funding or financing for startup costs
• Operational plan for staffing, production, deliveries
• Comprehensive marketing strategy

You’ll also need a keen understanding of your target market, demand levels, potential customer segments, competitive landscape and all costs associated with producing and delivering ice at scale. Proper planning and capitalization are critical first steps.

Where Can I Find Suppliers for Ice Making Equipment and Supplies?

Reputable suppliers for ice making equipment and supplies can be found through industry trade shows, online platforms, or by reaching out to established businesses in the field.

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Ice Cream Shop Business Plan PDF Example

• February 28, 2024
• Business Plan

Creating a comprehensive business plan is crucial for launching and running a successful ice cream shop. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your ice cream shop’s identity, navigate the competitive market, and secure funding for growth.

This article not only breaks down the critical components of an ice cream shop business plan, but also provides an example of a business plan to help you craft your own.

Whether you’re an experienced entrepreneur or new to the food&beverage industry, this guide, complete with a business plan example, lays the groundwork for turning your ice cream shop concept into reality. Let’s dive in!

Our ice cream shop business plan is tailored to cover all essential aspects for a well-rounded strategy. It details the shop’s operations, marketing initiatives, market environment, competitors, leadership structure, and financial projections.

• Executive Summary : A quick overview of your Ice Cream Shop’s idea, market potential, the team behind it, and financial strategy.
• Ice Cream Shop & Location: Describes the shop’s design and prime location for attracting ice cream lovers.
• Supply & Operations: Explains the supply chain, ice cream-making process, and day-to-day operations.
• Key Stats: Presents the size and growth of the ice cream market.
• Key Trends: Points out trends like artisanal flavors and health-conscious options.
• Key Competitors : Identifies competitors and what makes your shop unique.
• SWOT: Brief strengths, weaknesses, opportunities, and threats analysis.
• Marketing Plan : Short strategies for getting and keeping customers.
• Timeline : Major milestones from start-up to the first year’s end.
• Management: Gives info on the team running the shop and their responsibilities.
• Financial Plan: Forecasts finances over 5 years, covering income, expenses, and profits.

Ice Cream Shop Business Plan

Download an expert-built 30+ slides Powerpoint business plan template

Executive Summary

The Executive Summary introduces your ice cream shop’s business plan, providing a succinct overview of your shop and its offerings. It should describe your market positioning, the variety of ice cream flavors and related products you offer, its location, size, and a summary of daily operations. 

This section should also discuss how your ice cream shop will fit into the local community, including the number of direct competitors in the vicinity, identifying who they are, along with your shop’s unique selling points that set it apart from these competitors. 

Additionally, it should include information about the management and co-founding team, outlining their roles and contributions to the shop’s success. Furthermore, a summary of your financial projections, including revenue and profits over the next five years, should be included here to offer a comprehensive view of your ice cream shop’s financial strategy.

Make sure to cover here _ Business Overview _ Market Overview _ Management Team _ Financial Plan

Dive deeper into Executive Summary

Business Overview

For an Ice Cream Shop, the Business Overview section can be succinctly divided into 2 main parts:

Ice Cream Shop & Location

Briefly describe the ice cream shop’s physical setting, emphasizing its design, ambiance, and the welcoming atmosphere it creates for customers. Mention the shop’s location, highlighting its accessibility and convenience for customers, such as its proximity to popular community spots or ease of parking. Explain why this location is beneficial for attracting your target clientele.

Supply & Operations

Detail the variety of ice cream flavors and related products offered, from classic favorites to unique, artisanal creations. Outline your sourcing strategy, ensuring it reflects a commitment to quality and, where possible, local sourcing.

Explain your operations, including how ice cream is stored, served, and the measures in place to maintain the highest standards of hygiene and customer satisfaction. Highlight any special offerings, seasonal flavors, or loyalty programs that provide added value to your customers, encouraging repeat visits and customer loyalty.

Make sure to cover here _ Ice Cream Shop & Location _ Supply & Operations

Market Overview

Industry size & growth.

In the Market Overview of your ice cream shop business plan, start by examining the size of the ice cream industry and its growth potential. This analysis is crucial for understanding the market’s breadth and identifying opportunities for expansion.

Key market trends

Proceed to discuss recent market trends , such as the increasing consumer interest in artisanal and gourmet ice cream, the demand for a wide range of flavors including exotic and locally inspired ones, and the growing popularity of health-conscious options like dairy-free and low-sugar ice creams.

For example, highlight the trend towards customization and personalization in ice cream servings, as well as the incorporation of organic and sustainable ingredients.

Key competitors

Then, evaluate the competitive landscape, which includes a variety of ice cream shops from high-end artisanal boutiques to budget-friendly chains, as well as the presence of supermarket ice cream brands and mobile ice cream vendors.

For example, emphasize what makes your ice cream shop stand out, whether it’s through exceptional customer experiences, a unique and diverse flavor selection, or a commitment to sustainability and community involvement.

Make sure to cover here _ Industry size & growth _ Key market trends _ Key competitors

Dive deeper into Key competitors

First, conduct a SWOT analysis for the ice cream shop , highlighting Strengths (such as unique flavor offerings and a prime location), Weaknesses (including seasonal fluctuations in demand or limited indoor seating), Opportunities (for example, a growing interest in artisanal and gourmet ice cream), and Threats (such as new competitors entering the market or changes in health trends that may impact ice cream consumption).

Marketing Plan

Next, develop a marketing strategy that outlines how to attract and retain customers through innovative flavor launches, special promotions, an engaging online presence, and participation in local events and festivals.

Finally, create a detailed timeline that outlines key milestones for the ice cream shop’s opening, marketing initiatives, customer base development, and potential expansion plans, ensuring the business progresses with clear goals and strategic direction.

Make sure to cover here _ SWOT _ Marketing Plan _ Timeline

Dive deeper into SWOT

Dive deeper into Marketing Plan

The Management section focuses on the ice cream shop’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the ice cream shop towards its financial and operational goals.

For your ice cream shop business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.

Financial Plan

The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your ice cream shop’s approach to securing funding, managing cash flow, and achieving breakeven.

This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.

For your ice cream shop business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).

Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds

Privacy Overview

Ice Making Business Idea Description in 5 W’s and 1 H Format

By alex ryzhkov, resources on ice making.

• Financial Model
• Business Plan
• Value Proposition
• One-Page Business Plan

Are you looking for a lucrative business opportunity that's as cool as ice? Look no further. Let me introduce you to the world of ice making with FrostyIce, a venture founded by the ice aficionado Sarah Thompson. FrostyIce specializes in providing premium ice products through a clever direct sales model. Located in the heart of Brooklyn, New York, their state-of-the-art production facility ensures efficient delivery services across the United States. With a rising demand for high-quality ice products, FrostyIce has quickly gained popularity since its establishment in 2024. Partnering with renowned businesses in major cities nationwide, FrostyIce is the go-to source for exquisite ice. Equipped with cutting-edge technology and skilled technicians, they guarantee excellence in every cube. Plus, with their fleet of refrigerated trucks, FrostyIce delivers their icy delights straight to your doorstep in no time. In a market size that's sizzling, this business idea is bound to bring you a chill of success. So, let's dive into the cold world of ice making and uncover the 'Who? What? Where? When? Why? and How?' of this frosty venture.

Key Takeaways

• FrostyIce is a venture founded by Sarah Thompson, specializing in providing premium ice products through the direct sales model.
• The company operates its ice production facility in Brooklyn, New York, strategically located for efficient delivery services across the United States.
• Since its establishment in 2024, FrostyIce has gained popularity and established partnerships with renowned businesses in major cities nationwide.
• FrostyIce aims to meet the demand for high-quality ice products and ensures excellence through cutting-edge equipment and skilled technicians.
• The company utilizes refrigerated trucks for efficient and timely delivery to its diverse customer base.

FrostyIce is a venture founded by Sarah Thompson, an experienced entrepreneur in the food and beverage industry. Sarah has a strong passion for providing high-quality ice products to various businesses and individuals across the United States.

The Major Players

The major players in FrostyIce include Sarah Thompson, the founder and owner of the business. She brings her expertise and experience in the food and beverage industry to lead the company. Additionally, FrostyIce employs a team of skilled technicians who maintain and operate the state-of-the-art ice-making equipment.

Owners, Personnel, and Advisors

Sarah Thompson is the sole owner of FrostyIce. She is supported by a team of personnel, including ice technicians, delivery drivers, and administrative staff, who ensure smooth operations and excellent customer service. FrostyIce also seeks guidance from industry advisors who provide insights and help navigate the competitive market.

Customers and Target Audience

FrostyIce aims to target businesses and individuals across the United States who require a reliable and steady supply of high-quality ice products. The ideal clients for FrostyIce include renowned restaurants, bars, hospitals, convenience stores, event planners, and individuals hosting special events.

Competition

In the premium ice products market, FrostyIce faces competition from established suppliers and local ice manufacturing companies. However, FrostyIce differentiates itself by focusing on the direct sales model, delivering excellent customer service, and ensuring the highest standards of quality and hygiene in its ice production.

FrostyIce is a specialized ice-making business founded by Sarah Thompson, an experienced entrepreneur in the food and beverage industry. The company's primary focus is to provide high-quality ice products to businesses and individuals across the United States. Through the direct sales model, FrostyIce purchases state-of-the-art commercial ice-making equipment to produce a wide range of ice types, including cubes and crushed ice. Additionally, the company offers specialized services such as ice carving and sculpting for special events.

What do you want to achieve?

FrostyIce aims to meet the specific needs of businesses and individuals who rely on a consistent supply of premium ice products. By delivering high-quality ice and providing excellent customer service, the goal is to establish long-term partnerships and earn a reputation as a reliable ice supplier within various industries.

What is your sustainable advantage?

FrostyIce's sustainable advantage lies in its commitment to excellence and the use of cutting-edge ice-making equipment sourced from industry-leading manufacturers. By providing top-notch ice products and maintaining strict hygiene and quality standards, FrostyIce distinguishes itself from competitors and ensures customer satisfaction and repeat business.

What do you offer?

FrostyIce offers a diverse range of ice products, including cubes and crushed ice. The company also provides specialized services such as ice carving and sculpting, adding a unique touch to special events and occasions. The direct sales model allows FrostyIce to offer customized ice solutions to businesses and individuals, addressing their specific requirements and ensuring a reliable and steady supply of ice products.

What do you produce?

FrostyIce produces premium ice products using state-of-the-art commercial ice-making equipment. The company's production facility in Brooklyn, New York, enables the production of various types of ice, including clear ice cubes, crushed ice, and specialty ice shapes. The team of skilled technicians meticulously maintains and operates the equipment, guaranteeing the highest standards of hygiene and quality. Additionally, FrostyIce specializes in ice carving and sculpting, creating visually appealing and functional ice designs for special events and occasions.

What are your business objectives?

FrostyIce has set both short- and long-term goals to achieve sustainable growth and success. In the short term, the company aims to establish partnerships with renowned restaurants, bars, hospitals, and convenience stores in major cities across the United States. By the end of the second month, FrostyIce expects to sell a significant amount, aiming for $1,000,000 worth of ice products. In the long term, the company aspires to expand its customer base and further enhance its reputation as a leading provider of high-quality ice products and services nationwide.

FrostyIce, a premier ice production company, is located in the bustling city of New York. Situated in the industrial district of Brooklyn, the company operates its state-of-the-art ice production facility in a spacious warehouse.

The strategic choice of this location is driven by its proximity to major transportation routes, ensuring efficient delivery services to customers across the entire United States. This central position allows FrostyIce to reach its diverse customer base promptly, providing high-quality ice products to businesses and individuals nationwide.

Target Audience

FrostyIce serves a wide range of customers across various industries, tailoring its premium ice products to cater to the specific needs of both businesses and individuals. The primary target audience includes renowned restaurants, bars, hospitals, and convenience stores in major cities throughout the United States.

Furthermore, FrostyIce also collaborates with event planners, caterers, and organizers of special occasions, offering specialized services such as ice carving and sculpting. This diverse customer base highlights the versatility and demand for high-quality ice products in multiple sectors.

New Opportunities

As FrostyIce continues to establish itself as a leading provider of premium ice products, it envisions new opportunities to expand its customer base and further penetrate various industries across the nation.

One potential avenue for growth lies in partnering with luxury hotels and resorts that strive to provide their guests with exceptional experiences. By offering tailored ice products and innovative solutions, FrostyIce can meet the unique demands of upscale establishments, creating a niche within the hospitality industry.

Additionally, FrostyIce aims to tap into the growing trend of craft cocktails and artisanal beverages. By collaborating with mixologists and craft beverage producers, the company can supply specialized ice shapes and sizes that enhance the overall presentation and taste of these curated drinks.

From Here to the Future

Building on its successful establishment in the ice production industry, FrostyIce envisions a future of substantial growth and expansion.

To achieve this, the company plans to continue investing in cutting-edge ice-making equipment sourced from industry-leading manufacturers. By staying at the forefront of technological advancements, FrostyIce ensures the production of top-notch ice products that exceed customer expectations.

FrostyIce also aims to strengthen its partnerships with renowned restaurants, bars, hospitals, and convenience stores. By consistently delivering premium ice products and maintaining exceptional customer service, the company fosters loyalty and establishes itself as the go-to supplier in these industries.

Furthermore, FrostyIce intends to leverage its reputation for quality and innovation to forge new relationships with luxury hotels, resorts, and craft beverage producers. By capitalizing on these emerging opportunities, the company can diversify its customer base and solidify its position as a leading provider of high-quality ice products.

With its commitment to excellence, reliable delivery services, and ability to meet the specific needs of its customers, FrostyIce is poised to achieve sustained growth and success in the ice production industry.

FrostyIce, the ice-making venture founded by Sarah Thompson, has seen significant growth since its establishment in 2024. By 2026, the company has already formed partnerships with renowned restaurants, bars, hospitals, and convenience stores in major cities across the United States. This rapid expansion showcases FrostyIce's ability to meet the demand for high-quality ice products within various industries.

Short-Term Objectives

In the short-term, FrostyIce aims to continue its growth trajectory by further expanding its customer base and solidifying its position in the market. The company intends to achieve this by continuously delivering premium ice products and providing exceptional customer service.

FrostyIce plans to reach its short-term objectives within the next two years, by 2028. During this time, the company will focus on strengthening its relationships with existing clients while actively seeking new partnerships. The aim is to establish FrostyIce as the go-to provider of high-quality ice for businesses and individuals across the nation.

Long-Term Objectives

Beyond the short-term goals, FrostyIce has ambitious long-term objectives. The company strives to become the leading ice supplier in the United States, known for its commitment to excellence and innovation. This includes expanding its operations to cater to a wider customer base and diversifying its product offerings.

To achieve these long-term objectives, FrostyIce plans to invest in research and development to introduce new ice products and services that cater to evolving customer preferences. By 2030, the company envisions a substantial market presence nationwide, with partnerships extending beyond the food and beverage industry.

Retirement Plan

Sarah Thompson, the founder of FrostyIce, has a retirement plan in place. After dedicating her expertise and passion to the growth of the company, Sarah intends to retire in 2040. By this time, she envisions having established FrostyIce as a well-established and respected brand within the ice industry.

As part of her departure strategy, Sarah plans to sell the company in 2040, allowing the legacy of FrostyIce to live on under new leadership. This decision aligns with Sarah's vision of ensuring the continued success of the business and providing opportunities for future growth.

• Establish FrostyIce as the leading ice supplier in the United States
• Expand customer base and diversify product offerings
• Invest in research and development for innovation
• Retire in 2040
• Sell the company as part of the departure strategy

At FrostyIce, we are driven by our passion for delivering high-quality ice products to businesses and individuals across the United States. We recognized the immense demand for premium ice products within various industries and saw the opportunity to provide a reliable and steady supply of ice through our direct sales model.

Customer Satisfaction

Customers choose FrostyIce because they want the assurance of receiving top-notch ice products that meet their specific needs. We understand that businesses require a consistent supply of ice, and we are committed to delivering just that. Our state-of-the-art commercial ice-making equipment and meticulous maintenance ensure the highest standards of hygiene and quality in every ice cube or crushed ice we produce.

Unique Services

What sets FrostyIce apart from our competitors is our ability to offer specialized services like ice carving and sculpting for special events. We have a team of skilled technicians who can transform ice into beautiful sculptures, adding an extra touch of elegance to any occasion. This unique offering allows us to cater to a diverse range of customers, including event planners, hotels, and upscale restaurants, looking for something extraordinary.

Convenience and Timely Delivery

With our strategically located ice production facility in Brooklyn and a fleet of refrigerated trucks, FrostyIce ensures efficient and timely delivery of ice products to customers across the nation. Our proximity to major transportation routes allows us to reach our customers, including renowned restaurants, bars, hospitals, and convenience stores, with ease. We understand the importance of a consistent supply of ice for our customers, and we strive to exceed their expectations in terms of convenience and reliability.

Mission Statement

Our mission at FrostyIce is to be the leading provider of premium ice products in the United States. We are dedicated to delivering excellence in every aspect of our business, from the quality of our ice to the efficiency of our operations. Through our commitment to customer satisfaction and our unique services, we aim to become the preferred choice for businesses and individuals seeking high-quality ice products.

• Delivering high-quality ice products
• Providing specialized ice carving and sculpting services
• Ensuring timely and convenient delivery
• Exceeding customer expectations in terms of quality and reliability

By consistently meeting these objectives, we are confident that FrostyIce will continue to thrive and experience substantial growth in the coming years.

FrostyIce has chosen to structure its business as a limited liability company (LLC) due to the flexibility it offers in terms of taxation and liability protection. As a sole proprietorship or partnership, Sarah Thompson would have personal liability for the company's debts and obligations, which could be risky considering the size and reach of FrostyIce. By forming an LLC, Sarah can protect her personal assets while still enjoying the pass-through taxation benefits.

In establishing the LLC, Sarah Thompson worked closely with a business attorney who provided guidance on registration procedures, rules, and liabilities specific to the food and beverage industry. The attorney helped ensure that FrostyIce complied with all legal requirements and that the company's structure provides the necessary protection and benefits.

Attaining Company Objectives

To achieve its company objectives, FrostyIce will hire a team of skilled professionals. Sarah recognizes the importance of delegating responsibilities to experts who can contribute to the success of the venture. Hiring experienced technicians will ensure the efficient operation and maintenance of the state-of-the-art ice-making equipment, guaranteeing the production of top-notch ice products.

In addition to technicians, FrostyIce will also employ a dedicated sales and delivery team. These individuals will be responsible for meeting customer demands, ensuring timely delivery, and maintaining strong relationships with partnering businesses and individuals. By having a dedicated team, FrostyIce can effectively manage the various aspects of the business and consistently provide excellent service to its customers.

Furthermore, FrostyIce will implement a comprehensive marketing strategy to increase brand awareness and attract new clients. This will include targeted advertising campaigns, participation in industry events and trade shows, and establishing partnerships with related businesses to expand the customer base.

Business Development and Vision

FrostyIce envisions becoming the leading provider of premium ice products in the United States. The company aims to continually innovate and expand its product offerings to cater to the evolving needs of its customers. By staying updated with industry trends and investing in research and development, FrostyIce plans to introduce new ice types and specialized services to maintain its competitive edge.

To support this vision, FrostyIce plans to establish additional production facilities in key strategic locations across the country. This expansion will allow the company to reach a broader customer base, reduce delivery times, and further establish its presence in the market.

As FrostyIce grows, it aims to develop strong partnerships with national restaurant chains, hotels, and event organizers. By consistently delivering premium ice products and providing exceptional customer service, FrostyIce aims to become the go-to supplier for businesses seeking reliable and high-quality ice solutions.

In summary, FrostyIce's structured business approach, dedication to hiring skilled professionals, and commitment to innovation and growth will enable the company to achieve its objectives and become the leading provider of premium ice products in the United States.

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Ice Block Production – A Simple but Profitable Small Business That Makes Cool Profits in Africa

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Sample Ice Cream Factory Business Plan

Ice cream factory business plan sample.

This article is written as a sample for those interested in starting an ice cream factory but have difficulties on how to write a compelling plan that will qualify them for a loan.

For the purpose of this sample, we will be using the name Delight Ice Cream LLC as our business name, with its operational base located in Ohio. The rest of the details covering Delight Ice Cream will be provided below.

Please not that our Ice cream factory (Delight Ice Cream) is only imaginary, and represents no real company out there.

Here is a sample business plan for starting an ice cream factory.

– Executive Summary – Products and Services – Our Mission Statement – Our Vision Statement – Market Analysis/Trends – Target Market – Marketing and Sales Strategy – Competitive Advantage – Financial Projection – Publicity and Advert Strategy – Payment Channels – Sustainability and Expansion Strategy Executive Summary

Delight Ice Cream LLC is a fully licensed and regulated ice cream factory based in Ohio, with strict adherence to safety and hygienic standards, attuned with global best practices. This ice cream factory has ambitious plans of expanding its operational and client base from its current Ohio base to eventually spread to the entire United States, having at least one Delight Ice Cream factory in every state within the country.

Products and Services

Delight Ice Cream LLC will be having varied products and services on offer, leaving our clients spoiled for choice.

Among the high quality products and services on offer are; frozen yogurt, Fruit Pops, bulk ice cream, catering services, periodic training for new would-be employees among several other products and services.

Our Mission Statement

This ice cream factory business has a passion for service excellence, with the goal of making the best ice cream, with more signature flavors, including the everyday flavors than any other ice cream factory business. This will be achieved through constant research and customer inquiry.

Our Vision Statement

Our vision at Delight Ice Cream is to establish a world class ice cream factory business that can compete favorably with any other, with an achievable ambition of establishing at least one Delight Ice Cream factory in every state within the United States within our first ten years of operation, and to become a house hold name through the building of a strong and well respected brand.

Market Analysis/Trends

If we intent capturing a large share of the market, then we should be able to bring out innovative services not available in other ice cream factories. Hence, we have analysed the ice cream market and have noticed that although many ice cream factories are trying to bring out better ice cream flavors to satisfy their customers, they either neglect the needs of those who are not enthusiastic about change.

This is an area we will be exploring as we will not leave this segment of the market unattended to.

While focusing our services in making sure we formulate our own signature ice cream flavors, we will ensure that the old flavors are still maintained for the benefit of this segment of our market.

Our Target Market

Our ice cream factory business has a target market consisting of clients residing within our operational area, the corporate world, students, tourist, and celebrities among a wide segment of our target market. Also, our factories will be located within areas where foot traffic is high, such as malls, central business districts among other busy areas. Marketing and Sales Strategy

Delight Ice cream will hire the services of an experienced marketing and sales expert to guide and oversee our marketing and sales operations. We will be offering the best services, going all out to please our clients by making our services cheaper that what is obtainable in the market. This is in a bid to capture new clients. This strategy will be publicized to ensure that new clients try out our services. Competitive Advantage

At Delight Ice Cream, what sets us apart from our competition is the different variety of ice cream which will continually be produced to ensure that we have more varieties of ice cream on offer at rock bottom prices and also providing the very best flavors. This will be done with utmost dedication by a well motivated staff. Financial Projection

It is projected that within our first 3 years of operations, our revenue will experience a leap, which will be due to the effort put in to produce the best products, at pocket friendly prices, taking full advantage of turn over from our high volume sales. This is represented by the simple table below

– 1st Year $250,000 – 2nd Year $750,000 – 3rd Year $1,500,000

Publicity and Advert Strategy

We will be deploying the very best of tools to advertise our products and services to the general public. This includes the use of social media, our website, banners, fliers and erection of bill boards at strategic places to ensure that it achieves the highest exposure to public viewing.

Adverts will be placed in yellow pages and also, the local TV and radio stations will be used in advertising our services. Payment Channels

At Delight Ice Cream LLC, we will be making available all payment options/channels for our esteemed clients. These channels will include POS, acceptance of cheques, mobile banking, and cash payments among other payment options as they become available.

Sustainability and Expansion Strategy

There will be continuity in our business as it is a company owned by a group of investors, through shareholding, thus, as the need may arise, it will remain open for new investors to own a share of Delight Ice Cream LLC, as well as existing investors selling their shares.

Our expansion will be in the form of the establishment of factory outlets across all the states within the US within our first 10 years of operations.

This ice cream factory business plan sample has been designed to act as a guide for those in need of one but without adequate knowledge on how to construct one. It is hoped that this will provide the much needed help in writing a comprehensive ice cream factory business plan .

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Ice Cream Shop Business Plan

Start your own ice cream shop business plan

CoolScoops Ice Cream

Executive summary.

CoolScoops Ice Cream is an artisanal ice cream shop dedicated to enriching the community with unique, high-quality ice cream flavors made from locally sourced ingredients. Our shop serves as a vibrant gathering place for friends and families, promoting a sense of community through delicious treats, local art, and collaborative events.

Company Purpose / Mission Statement

To provide a memorable ice cream experience by offering an array of artisanal flavors, fostering community connections, and supporting local suppliers, all within a welcoming and dynamic atmosphere.

Problem We Solve

The saturation of the ice cream market with mass-produced flavors leaves consumers yearning for novel, quality options and a more engaging, personalized ice cream experience.

Our Solution

CoolScoops differentiates itself with a diverse menu of handmade, artisanal ice cream, including options for vegan and gluten-free diets. We prioritize local ingredients, enhancing both taste and community economic health. Our store is a hub for local events, art showcases, and collaborations, creating a strong community bond.

Target Market

We cater to a wide audience, including families, young adults, and health-conscious individuals seeking premium, artisanal ice cream. Our inclusive menu ensures there’s something for everyone, making CoolScoops a destination for diverse tastes.

The team is led by an Owner/Operator with a passion for ice cream and community engagement, supported by a Store Manager who ensures operational excellence, and a Marketing Coordinator who drives brand awareness and customer loyalty.

Financial Summary

CoolScoops aims for steady growth, with year-on-year revenue increases from $200,000 in Year 1 to $320,000 by Year 3, and profits growing from $20,000 to $100,000 in the same period.

Funding Needed

An initial investment of $150,000 is needed to secure and renovate our shop location, purchase initial inventory and equipment, and fund early marketing efforts to build brand presence.

Products & Services

Problem worth solving.

The community’s craving for unique, artisanal ice cream experiences, supported by local economies and integrated into communal activities.

A rotating selection of artisanal ice creams, including diet-specific options, leveraging local, high-quality ingredients, and serving as a catalyst for community events and collaborations.

Market Size & Segments

Our primary audience spans across age groups with a special focus on artisanal product enthusiasts and those engaged in community activities.

Competition

Current alternatives.

• National ice cream franchises
• Local dessert parlors
• Supermarket offerings

Our Advantages

CoolScoops stands out through its commitment to local sourcing, artisanal quality, and active community participation, creating a unique space that transcends traditional ice cream shops.

Marketing & Sales

Market positioning.

As a premium artisanal ice cream shop, CoolScoops is positioned as the go-to destination for unique flavors and community engagement, distinguishing us from conventional options.

Unique Value Proposition

Our unique approach combines exceptional, locally sourced ice cream with a strong commitment to community building, setting us apart in the marketplace.

Location & Facilities

Our flagship location is designed to be an inviting space that encourages community interaction, equipped with state-of-the-art ice cream making facilities.

We embrace modern technology for efficient operations, including an online ordering system for pickup and local delivery, and a dynamic social media presence for engagement and promotion.

Milestones and Metrics

• Launch in Summer 2024
• Introduce seasonal flavors in Fall 2024
• Start online ordering in Winter 2024
• Sponsor our first community event in Spring 2025
• Open a second location by Summer 2026

Company Overview and Team

Organizational structure.

CoolScoops is led by a dedicated team focused on delivering high-quality products and fostering community connections, with clear roles aligned with our mission.

Financial Plan and Forecast

Projected profit and loss.

Year 1: $200,000

Year 2: $260,000

Year 3: $320,000

Expenses/Costs

Year 1: $180,000

Year 2: $200,000

Year 3: $220,000

Year 1: $20,000

Year 2: $60,000

Year 3: $100,000

Additional details, including flavor menus, supplier partnerships, and community event plans.

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Ice Cream Shop Business Plan Template

• Written by Dave Lavinsky

Table of Contents

Ice cream shop business plan.

Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow their ice cream shop businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through an ice cream shop business plan template step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What Is an Ice Cream Business Plan?

A business plan provides a snapshot of your ice cream shop business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why You Need a Ice Cream Shop Business Plan

If you’re looking to start an ice cream shop business, or grow your existing ice cream shop business, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your ice cream shop business in order to improve your chances of success. Your ice cream shop business plan is a living document that should be updated annually as your company grows and changes.

Funding Sources for Ice Cream Shop Businesses

With regards to funding, the main sources of funding for an ice cream shop business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.

The second most common form of funding for an ice cream shop business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan.

Finish Your Business Plan Today!

If you want to start an ice cream shop business or expand your current one, you need a business plan. Below are links to each section of your ice cream shop business plan template:

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of ice cream shop business you are operating and the status. For example, are you a startup, do you have an ice cream shop business that you would like to grow, or are you operating a chain of ice cream shop businesses?

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the ice cream shop industry. Discuss the type of ice cream shop business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.  

Company Analysis

In your company analysis, you will detail the type of ice cream shop business you are operating.

For example, you might operate one of the following types of ice cream shop businesses:

• Self serve ice cream shop : this type of ice cream shop business allows customers to fill their own containers with desired ice cream flavors and toppings.
• Ice cream truck: ice cream trucks are a convenient way to reach more customers in different areas.
• Gourmet ice cream shop: this type of ice cream shop caters to customers seeking gourmet flavors and a high-quality experience.

In addition to explaining the type of ice cream shop business you will operate, the Company Analysis section of your business plan needs to provide background on the business.

Include answers to question such as:

• When and why did you start the business?
• What milestones have you achieved to date? Milestones could include the number of customers served, number of positive reviews, amount of monthly revenue etc.
• Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry analysis, you need to provide an overview of the ice cream shop.

While this may seem unnecessary, it serves multiple purposes.

First, researching the ice cream shop industry educates you. It helps you understand the market in which you are operating. 

Secondly, market research can improve your strategy, particularly if your research identifies market trends.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your ice cream shop business plan:

• How big is the ice cream shop industry (in dollars)?
• Is the market declining or increasing?
• Who are the key competitors in the market?
• Who are the key suppliers in the market?
• What trends are affecting the industry?
• What is the industry’s growth forecast over the next 5 – 10 years?
• What is the relevant market size? That is, how big is the potential market for your ice cream shop business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your ice cream shop business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: children, parents, teenagers, and restaurateurs.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of ice cream shop you operate. Clearly, parents would want different service options and would respond to different marketing promotions than teenagers, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve. Because most ice cream shops primarily serve customers living in their same city or town, such demographic information is easy to find on government websites.

Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other ice cream shops. 

Indirect competitors are other options that customers have to purchase from that aren’t direct competitors. This includes grocery shops, convenience stores, and ice cream vending machines or kiosks. You need to mention such competition to show you understand that not everyone who wants ice cream will go to an ice cream shop.

With regards to direct competition, you want to describe the other ice cream shop businesses with which you compete. Most likely, your direct competitors will be ice cream shops located very close to your location.

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

• What types of customers do they serve?
• What types of flavors do they offer?
• What is their pricing (premium, low, etc.)?
• What are they good at?
• What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

• Will you provide more ice cream flavors?
• Will you provide services that your competitors don’t offer?
• Will you provide better customer service?
• Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a ice cream shop business plan, your marketing plan should include the following:

Product : In the product section, you should reiterate the type of ice cream shop that you documented in your Company Analysis. Then, detail the specific products you will be offering. For example, in addition to ice cream, will you provide comfortable seating, table service, or on-site entertainment?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the services you offer and their prices.

Place : Place refers to the location of your ice cream shop. Document your location and mention how the location will impact your success. For example, is your ice cream shop located in a busy retail district, shopping plaza, mall, etc. Discuss how your location might provide a steady stream of customers. 

Promotions : The final part of your ice cream shop marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

• Advertising in local papers and magazines
• Reaching out to local websites 
• Social media marketing
• Local radio advertising

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your ice cream shop, including making ice cream, serving customers, and maintaining equipment.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to serve your 1000th customer, or when you hope to reach $X in revenue. It could also be when you expect to open a new ice cream shop location or launch an ice cream shop franchise.  

Management Team

To demonstrate your ice cream shop business’ ability to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company. 

Ideally you and/or your team members have direct experience in managing ice cream shop businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing ice cream shops or successfully running small businesses.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet and cash flow statements.

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you serve 500 customers per month or 1,000? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your ice cream shop, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt. For example, let’s say a local restaurant owner approached you with a $25,000 contract to provide ice cream for their restaurant. Let’s further assume the contract would cost you $25,000 to fulfill in terms of increased staffing costs and supplies. Well, in most cases, you would have to pay that $25,000 now for employee salaries, equipment, etc. But let’s say the company didn’t pay you for 180 days. During that 180-day period, you could run out of money.

In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a ice cream shop business:

• Location build-out including design fees, construction, etc.
• Cost of equipment like dipping cabinets, walk-in refrigerators, and blenders
• Payroll or salaries paid to staff
• Business insurance
• Taxes and permits
• Legal expenses

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your location lease or a blueprint of your shop.   Summary Putting together a business plan for your ice cream shop is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the ice cream shop industry, your competition, and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful ice cream shop.

Ice Cream Shop Business Plan FAQs

What is the easiest way to complete my ice cream shop business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily complete your Ice Cream Shop Business Plan.

Where Can I Download an Ice Cream Business Plan PDF?

You can download our ice cream business plan PDF here.

What is the Goal of a Business Plan's Executive Summary?

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of ice cream shop you are operating and the status; for example, are you a startup, do you have an ice cream shop that you would like to grow, or are you operating a chain of ice cream shops?

  OR, Let Us Develop Your Plan For You Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.

Click here to see how Growthink’s professional business plan consulting services can create your business plan for you.  

Other Helpful Business Plan Articles & Templates

A Sample Business Plan of Launching an Ice-making Plant

Business Overview

The terrible power supply situation in Africa means that in many countries, less than 20 percent of the population has access to the main power grid; this situation is not any better in the rural areas, as less than five percent of the population in these areas have access to the main power grid. The terrible electricity situation is one of the main reasons why the ice distribution business is booming and has become a profitable business for entrepreneurs that are willing to go into it.

The cost of manufacturing ice requires ice making machines, electricity, water, and miscellaneous items. A block ice of 10kg will be able to preserve drinks for at most two days for a family’s domestic needs, while it will help a drink vendor quickly sell off his or her stock without having to buy ice for at least two days.

A  good ice-making machine that is of small size can produce 20 blocks in six hours and can harvest three production cycles a day, and with average prices of those ice blocks at $100 in the southwestern states, one can easily turn a tidy profit monthly.

Anyone going into this business can pick a niche of ice blocks he or she intends to go into or go into all at once depending on the capacity. Several types of ice that can be produced include ice tube, ice block, ice cube, and scaled ice.

This business is a very hygienic one and due to that it is necessary that one source for clean water that is drinkable, such as water that is filtered, purified, distilled, bottled or from natural springs. Asides water, the equipment to be used is also essential for the business growth.

Executive Summary

Before starting our business, we need to secure all the necessary permits and licensing from the local administration.

We are in business to provide various services to all our customers. This means that we will involve in wholesale, retail, distribution of ice, cooling services, ice-making equipment, and even help in maintaining or repairing their machines for various customers.  Our vision is to ensure that we are renowned for our multiple services and to be the preferred brands of many.

We intend to operate a transparent business that is ethics inclined, and that’s because we are customer-centric as we place a high value on our customers and are ready to go the extra mile to ensure that our customers’ expectations are not only met but exceeded. We intend to treat all our loyal customers well by ensuring that we offer them discounts during certain times and periods, this will allow them to remain loyal to us and also help refer others to us as well.

We intend to build a solid business structure and are willing to go the extra mile in ensuring that we get only competent and hardworking staff to work in our company. We have laid down procedures and structures; therefore, only those who align with our vision and philosophy and understand how to take our business from where we are to where we intend it to be, will be chosen to work for our company. We will ensure that we inculcate the habit of best practices amongst our employees.

Also, to keep our employees happy and productive, we intend to ensure that we not only create an environment that is conducive for them but that we will pay them well and also ensure that they have great welfare packages better than what their counterparts in similar start-ups such as ours are having. Our facility is one that is also easily accessible for our employees and is one that will not be inconvenient for them to get to every morning.

Finally, Glacier ice factory is wholly owned and managed by Mr. Samuel Adeyo who has more than ten years experience in the ice distribution business and will bring his business expertise to bear. Mr. Adeyo’s wealth of experience will also ensure that we attain the heights we intend to and that we can compete favorably against our competitors.

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• Ice Making Technology
• Chilling Technology
• Freezing Technology
• Cold Storage
• Food Processing Technology

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How to Write an Ice Skating Rink Business Plan [Sample Template]

Are you about starting an ice skating rink company? If YES, here’s a complete sample ice skating rink business plan template & feasibility report you can use for FREE . Okay, so we have considered all the requirements for starting an ice skating rink business. We have analyzed and drafted a sample ice skating rink marketing plan backed up by actionable guerrilla marketing ideas for ice skating rink businesses. So let’s proceed to the business planning section.

Why Start an Ice Skating Rink Business?

Starting a business usually requires cash and if you have sufficient cash to invest in a thriving business in the united states of America, then you should consider starting an ice skating rink business. The truth is that creating a business that targets children and adults is one sure way of making money especially if the business is laced with fun.

It is important to state that the real deal when it comes to starting an ice skating rink business is securing a facility that is large enough to contain not just the ice skating tracks and other outdoor games for children, but also a restaurant, a place where parents/guardians can hangout while the wards catch fun and of course enough parking space. It might take you months to get an ideal facility, so it is better that you inform your real estate agent well in advance to help you with the search.

Starting a standard ice skating rink business is akin to starting a family entertainment center and it can be expensive, but you can be rest assured that you will make your money within a few years of launching the business. The fact that you are going to secure a facility big enough to accommodate the activities and services you intend offering means that you must truly be prepared for this business.

If your ice skating facility is of high standard and is located close to a residential estate with loads of growing families, then you will attract loads of children especially on weekends and special holidays.

So, if you have decided to start an ice skating rink business, then you should ensure that you carry out feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your own business.

Below is a sample ice skating rink business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Ice Skating Rink Business Plan Template

1. industry overview.

Businesses that operate in the Ice Skating Rink industry basically manage ice rinks for recreational and professional use. These ice rinks offer ice skate rentals, ice skating classes and provide other amenities including indoor sports.

If you are familiar with the industry, you would realize that the industry leveled out over the past five years after melting for a period during the recession. Demand for ice activities, which tend to be relatively more expensive than other forms of sports and exercise, took longer to rebound after the recession, as unemployment remained high and wages stagnated.

On the other hand, a resurgence in interest in ice hockey has helped replenish demand for ice rink management companies, raising revenue and encouraging the development of new facilities. The industry is expected to continue to grow over the next five years, driven by improvements in disposable income, consumer confidence and health awareness.

The Ice Skating Rink industry is really thriving in some parts of the world especially in developed countries such as United States of America, Canada, united kingdom, Norway, Russia, Poland and Sweden et al. Statistics have it that in the United States of America alone, there are about 406 licensed and registered ice skating rink and recreational centers.

The industry is responsible for directly employing about 12,115 employees and the industry rakes in a whooping sum of $618 million annually with an annual growth rate projected at 2.2 percent between 2012 and 2017. It is important to state that no establishment has a lion share of the available market in this industry.

A recent research published by IBISWORLD shows that the Ice Rinks industry displays a low level of market share concentration; the top four industry players are estimated to account for less than 5.0 percent of the industry in 2016.

Most of the industry’s enterprises operate one to two rinks and earn less than $1.0 million in annual revenue. Fragmented industries such as the Ice Rinks industry have medium barriers to entry and moderate competition between businesses.

Larger industry players with several ice rinks have grown in the past five years, as ice rinks in distress sought acquisition in the post – recessionary period. Nonetheless, the number of industry businesses have grown in the five years to 2016 while the number of establishments have also grown, indicating that the industry is still expanding.

Starting an ice skating rink business in the United States of America can be stressful, as it requires enough cash to acquire land large enough to accommodate the kind of facility that can comfortably attract families.

2. Executive Summary

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is a standard ice skating rink and family fun center that will be located in a growing community in Carson City – Nevada. Our basic aim of setting up the business is to contribute our quota in ensuring that families that reside in Carson City and neighboring cities have a facility for their children to have fun.

We have been able to secure a standard facility in an easy to access location in Carson City – Nevada. We will engage in managing ice rinks for recreational and professional use. We will not just offer ice skate rentals and ice skating classes for our clients but also provide other amenities including indoor sports and concessions.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is going to become the number one family focused ice skating rink in the whole of Carson City and we will work hard to build our facility to match the needs of the average family in the community.

Before starting the business, we conducted a thorough market research and feasibility studies and we were able to come to the conclusion that Carson City – Nevada is the right place to open our ice skating rink. As a matter of fact, our major aim of starting Crystal Planet® Ice Skating Rink & Fun Parks, LLC is to encourage families in the community to cultivate the habit of regularly going out for recreational activities.

Our ice skating and family fun facility is specifically designed to take care of children as well as parents, we have active childcare services for toddlers and we have membership packages that are highly discounted for families, churches and schools who would want to regularly make use of our facility.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC will at all times demonstrate her commitment to sustainability, both individually and as a business, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is a private registered business that is owned and managed by Eddy Jason – Kings and his immediate family members. Eddy Jason – Kings has a degree in Physical & Health Education coupled with over 7 years’ hands on experience in the ice skating rinks and family fun centers industry working for some of the leading brands in the United States of America

Together with other team members, he will bring his wealth of experience to the table to help build Crystal Planet® Ice Skating Rink & Fun Parks, LLC to favorably compete in the United States and in the global market.

3. Our Products and Services

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is in the ice skating rinks industry to provide ice skating rinks and family fun facility to residents of Carson City and neighboring cities which is why we have been able to put up a facility that can help us achieve the goal. We are optimistic that everyone who makes use of our facility will definitely derive huge fun.

We are in this line of business to make profits and we are going to do all that is permitted by the law in the United States to achieve our corporate aim and ambition. These are the services and amenities that will be made available to our clients in our facility;

• Operating indoor sports facilities
• Organizing sports teams and tournament services
• Offering ice skating rental and resale of equipment
• Offering food and beverages
• Offering athletic instruction
• Offering rental of space and facilities

4. Our Mission and Vision Statement

• Our Vision of starting Crystal Planet® Ice Skating Rink & Fun Parks, LLC is to build a world – class ice skating rink and family recreational facility and also to contribute our quota in encouraging families to engage in fun – filled recreational activities.
• Our mission for establishing Crystal Planet® Ice Skating Rink & Fun Parks, LLC is to create a movement in the community that supports total engagement of families in fun filled recreational activities. We want to contribute our quota towards ensuring that Carson City – Nevada produce some of the happiest children and families in the whole of the United States of America.

Our Business Structure

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is in business to become the leading recreational facility in the whole of Carson City – Nevada and we are fully aware that it will take the right facility, management and organizational structure to achieve our goal.

We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more.

Our business will not be built only for the purpose of giving our members value for their money, but also we will ensure that we make our work environment highly conducive for all our employees. We will provide them with facilities that will help them stay motivated and deliver on their various tasks and goals.

In view of that, we have made provisions for the following positions to be occupied by highly qualified and experienced staff;

• Chief Executive Office – CEO

Facility Manager and Administrator

• Accountant/Cashier
• Marketing and Sales Officer
• Ice Skating Rink Safety Instructor/Assistant (5)
• Customer Care Executive/Front Desk Officer

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

• Raises management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions.
• Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for fixing prices and signing business deals
• Accountable for providing direction for the business
• creates, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization
• Accountable for operating and managing the ice skating rink and family recreational facility.
• Maintains office supplies by checking stocks; placing and expediting orders.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out induction for new team members
• In control of training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Guarantees that the facility is in tip top position at all times
• Responsible for managing food and beverage services
• Manages membership and registration services
• Handles other relevant facility operation

Ice Skating Rink Safety Instructors/Assistant (5)

• Ensures that children and adults alike follow laid down safety measures when they make use of our ice skating rink and recreational facilities
• Handles ice skating rinks and recreation services
• Responsible for handling and giving instruction for services such as recreation and fitness services

Marketing and Sales Officer (2)

• Identifies, prioritizes, and reaches out to new clients, and business opportunities et al
• Recognizes development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of projects.
• Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Develops, executes and evaluates new plans for expanding increase sales
• Documents all customer contact and information
• Represents the in strategic meetings
• Helps to increase sales and growth for the organization.

Accountant/Cashier:

• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for the organization
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensures compliance with taxation legislation
• Handles all financial transactions for the organization
• Serves as internal auditor for the organization.

Client Service Executive

• Welcomes members and potential members / clients by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with clients on the phone, uses every opportunity to build client’s interest in the organization’s products and services
• Manages administrative duties assigned by the management in an effective and timely manner
• Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
• Receives parcels / documents for the organization
• Distributes mails in the organization
• Handles any other duties as assigned the line manager

Cleaners (3):

• Responsible for cleaning in and around the facility
• Wash glassware and utensils after each use
• Ensures that toiletries and supplies don’t run out of stock
• Handles any other duty as assigned by the facility center manager

6. SWOT Analysis

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is in business to provide a recreational facility to families in and around Carson City and at the same time to make profits. We are aware that there are competitions in the ice skating rinks industry which is why we took out time to conduct an effective SWOT Analysis before investing our hard-earned money into the business.

We know that if we get things right before starting our ice skating rinks and family recreational center, we will not have to struggle before attracting loyal clients and building our membership base to a level where we can easily breakeven in record time.

We hired the services of a Business consultant with bias in business structuring to help us conduct SWOT analysis for our company and he did a pretty good job for us. Here is a of the result we got from the SWOT analysis that was conducted on behalf of Crystal Planet® Ice Skating Rink & Fun Parks, LLC;

One of the obvious strengths that will definitely stand as a plus for Crystal Planet® Ice Skating Rink & Fun Parks, LLC is the fact that our facility is centrally located in a densely populated residential area in Carson City – Nevada; our location is in fact one of our major strengths.

We equally have a team of highly qualified professionals who will work with all our clients to achieve their aim making use of our ice skating rinks and family recreational facility, and lastly our gate fee/membership package is one of the best that anybody living in Carson City – Nevada and neighboring cities can get; it is cheap and affordable.

We critically looked into our Business model and we were able to identify two major weaknesses. One is the fact that we are a new business and the second is the fact that we may not have the financial resources required to match up with existing ice skating rinks and recreation facilities in Carson City – Nevada when it comes to acquiring the latest facility and generating the needed hype that can drive traffic towards our facility.

• Opportunities:

The fact that there are growing health concerns will definitely serve as a boost for industry demand. So also, we are centrally located in one of the busiest and densely populated areas in Carson City – Nevada and we are open to all the available opportunities that the city has to offer.

Some of the threats that are likely going to confront Crystal Planet® Ice Skating Rink & Fun Parks, LLC are unfavorable government policies , inclement weather, demographic / social factors, downturn in the economy which is likely going to affect consumer spending and lastly, the emergence of new competitors within the same location where our ice skating rinks and family recreational facility is located.

7. MARKET ANALYSIS

• Market Trends

The ice skating rinks and family fun center industry has indeed benefited from recent marketing campaigns which is targeted towards encouraging people to participate in recreation activities.

Going forward, many people who are part of the baby boomers’ generation are expected to sign up for recreational club memberships or make use of recreation facilities in their communities, as they become more family cum health – conscious as they grow older.

However, patrons of ice skating rinks and family recreational centers are anticipated to increasingly pick up membership from less expensive recreational centers as against expensive all – inclusive clubs.

The common trend in the ice skating rink and family fun centers industry is such that if a facility is well – equipped and positioned close to a residential area or a place where people can easily access without much stress, there is the likelihood that the facility will enjoy high patronage.

Just like in other business ventures, the owners of ice skating rinks and family fun centers are always looking for ways to increase their market share; they go as far as signing deals with high schools et al to make use of their facility on a regular basis.

Lastly, as ice skating rinks and family fun centers grow, it becomes necessary for them to develop new service offerings or install new facilities that will help them attract more people. Little wonder some fun centers now have other facilities targeted towards attracting adults/parents.

In order words, it is very important for ice skating rinks and family recreational facilities to continue to improvise if they want to grow their business and generate their target revenues.

8. Our Target Market

The target market for ice skating rinks cuts across people from different backgrounds. The fact that people visit or register in these facilities makes marketing the business interesting. The target market for ice skating rink and family recreational facilities can be categorized into three various groups.

The first group are the families who are looking towards creating time for children cum family hangouts and bonding. The other group of people are schools who would want an ideal place to take students to during excursions or playtime et al.  The last group of people are religious organizations and clubs.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC will work towards providing services, facilities and environment that will help us reach out to our target market. These are the category of people that we intend marketing our ice skating rink and family recreational center to;

• Households and families in an around Baton Rouge – Louisiana
• Churches and Religious centers
• Corporate organizations

Our Competitive Advantage

Beyond every reasonable doubt, this industry is indeed a prolific and highly competitive industry.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is centrally located close to a densely populated residential area in Carson City – Nevada. We equally have a team of highly qualified professionals who will work with all our clients to achieve their aims of making use of our ice skating facility and lastly our gate fee cum membership package is going to be one of the best that anybody living around Carson City – Nevada can get; it is cheap and affordable.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

• Marketing Strategy and Sales Strategy

Our marketing strategies will be directed towards achieving specific objectives that support the strategic goals of the organization. The truth is that all that we do will be geared towards creating new market channels, increasing sales and our market share. We will leverage on improving our services and facility to ensure that we win new clients and retain old members.

At Crystal Planet® Ice Skating Rink & Fun Parks, LLC, our marketing strategies will be consistent throughout the marketing mix and we will take into consideration product improvement, promotion, and price. As part of our sales and marketing strategies, we will pay attention to the promotion of our ice skating rink and family recreational facility so as to attract families and corporate organizations to enroll and become our members.

Our unique selling proposition is that we are well positioned and people can easily access our facility, our prices are affordable and we have a complete package for families, clubs, schools and religious organizations. Parts of the marketing and sales strategies that we will adopt are;

• Open our ice skating rink and family recreational facility with a big party for all and sundry
• Advertise our family recreational facility on national dailies, local TV and radio stations
• Promote our ice skating rink and family recreational facility online via our official website and all available social media platforms
• Introduce our ice skating rink and family recreational facility by sending introductory letters alongside our brochure to religious organizations, schools, corporate organizations, households and key stake holders in and around Carson City – Nevada
• Print out fliers and business cards and strategically drop them in offices, libraries, public facilities, train stations et al.
• Deliver consistent customer experience to all our members; making our first impression count positively to those making use of our ice skating rink and family recreational facility for the first time
• Make use of attractive hand bills to create awareness and also to give direction to our ice skating rink and family recreational facility
• Adopt direct mailing coupon marketing approach
• Position our signage/flexi banners at strategic places in and around Carson City – Nevada
• Create a loyalty plan that will enable us reward our consistent members especially those that registered as a family or group
• Engage in roadshows within our neighborhood to create awareness for our ice skating rink and family recreational facility.

Sources of Income

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is established with the aim of maximizing profits in the ice skating rinks and family fun centers industry and we are going to go all the way to ensure that we do all it takes to attract both individual and corporate clients on a regular basis.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC will generate income by offering the following services;

10. Sales Forecast

It is important to state that our sales forecast is based on the data gathered during our feasibility studies. It would be hard to create a sales forecast with a newly opened business like ice skating rink and family recreational facility.

This is because the statistics that will be provided will be on a short-term basis. Experts say that usually a business should be in operation for at least one year before they can generate the statistics that will help in accurate forecasting.

We expect to welcome a minimum of 12,000 customers, i.e. one thousand customers per month within our first year of operation and then in subsequent year we will grow by 25 percent or more.

Below are the sales projections for Crystal Planet® Ice Skating Rink & Fun Parks, LLC, it is based on the location of our ice skating rink and family recreational facility and the services and products that we will be offering to our patrons.

• First Fiscal Year:  $240,000
• Second Fiscal Year:  $450,000
• Third Fiscal Year:  $750,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above and there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

11. Publicity and Advertising Strategy

We have been able to work with our branding and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for patrons in the whole of Carson City – Nevada which is why we have made provisions for effective publicity and advertisement of our ice skating rink and family recreational facility.

Below are the platforms we intend to leverage on to promote and advertise Crystal Planet® Ice Skating Rink & Fun Parks, LLC;

• Place adverts on both print (community based newspapers and magazines) and electronic media platforms
• Sponsor relevant community based sport events and competitions
• Leverage on the internet and social media platforms like Instagram, Facebook, Twitter, YouTube, Google + et al to promote our brand
• Install our billboards in strategic locations all around Carson City – Nevada
• Engage in roadshows from time to time in targeted neighborhoods
• Distribute our fliers and handbills in target areas
• Contact families, corporate organizations, religious centers and schools by calling them up and informing them of Crystal Planet® Ice Skating Rink & Fun Parks, LLC and the services we offer
• List Crystal Planet® Ice Skating Rink & Fun Parks, LLC on local directories
• Advertise our ice skating rink and family recreational center in our official website and employ strategies that will help us pull traffic to the site.
• Ensure that all our staff members wear our branded shirts

12. Our Pricing Strategy

Our pricing system is going to be based on what is obtainable in the industry, we don’t intend to charge more and we don’t intend to charge less than what our competitors are charging as gate fees or membership fee in Carson City – Nevada and neighboring cities.

Be that as it may, we have put plans in place to offer discount services once in a while and also to reward our loyal customers especially when they refer clients to us or when they register as a family, group, religious organization or school. The prices of our services will be same as what is obtainable in the United States’ open market.

• Payment Options

The payment policy adopted by Crystal Planet® Ice Skating Rink & Fun Parks, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Crystal Planet® Ice Skating Rink & Fun Parks, LLC will make available to her clients;

• Payment via bank transfer
• Payment with cash
• Payment via credit cards/Point of Sale Machines (POS Machines)
• Payment via online bank transfer
• Payment via check
• Payment via mobile money transfer
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for all our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

If you are looking towards starting an ice skating rink, then you should be ready to go all out to ensure that you raise enough capital to cover some of the basic expenditure that you are going to incur. The truth is that starting this type of business does not come cheap.

You would need money to secure a standard facility, acquire ice skating rinks and equipment, pay your workforce and pay bills for a while until the revenue you generate from the business becomes enough to pay them. The items listed below are the basics that we would need when starting our ice skating rink and family fun center in the United States;

• The total fee for registering the business in the United States of America – $750.
• Legal expenses for obtaining licenses and permits – $1,500.
• Marketing promotion expenses (8,000 flyers at $0.04 per copy) for the total amount of $10,000.
• Cost for hiring Business Consultant – $5,000.
• Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $30,800.
• Cost of accounting software, CRM software and Payroll Software – $3,000
• Cost for leasing facility for the ice skating rink and family fun center – $250,000.
• Cost for facility remodeling and equipping the facility – $200,000.
• Other startup expenses including stationery – $1000
• Phone and utility deposits – $3,500
• Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $100,000
• The cost for start-up inventory – $15,000
• The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, video games, snooker board, tables and chairs et al) – $10,000.
• The cost of launching a website – $600
• The cost for our grand opening party – $15,000
• Miscellaneous – $15,000

We would need an estimate of $550,000 to successfully launch a small but standard ice skating rink in Carson City – Nevada.

Generating Startup Capital for Crystal Planet® Ice Skating Rink & Fun Parks, LLC

Crystal Planet® Ice Skating Rink & Fun Parks, LLC is a private registered family business that will be owned and managed by Eddy Jason – King and his immediate family members. They are the financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank

N.B: We have been able to generate about $150,000 (Personal savings $100,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business close shop.

One of our major goals of starting Crystal Planet® Ice Skating Rink & Fun Parks, LLC is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. We know that one of the ways of winning customers over to pick up membership in our ice skating rink is to equip our facility with state of the entertainment equipment and make our services affordable.

Crystal Planet® Ice Skating Rink & Fun Parks, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check: Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Acquiring a big facility and remodeling the facility: In Progress
• Conducting Feasibility Studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of Company’s Logo: Completed
• Printing of Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Purchase of ice skating rinks, family entertainment equipment, electronic appliances, office appliances and suppliers: In progress
• Creating Official Website for the Company: Completed
• Creating Awareness for the business both online and in the neighborhood: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party planning: In Progress
• Establishing business relationship with vendors and key stakeholders in the industry: In Progress

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