Ice Cube Business

Ice Cube Business Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

Ice making is a low-capital business since water is the only raw material used in producing ice fairly, simply, and efficiently. If run efficiently and marketed well, ice making business can be a profitable opportunity.

To start ice making, you need an ice maker, water, and power source.

In this list, you'll find real-world ice cube business success stories and very profitable examples of starting a ice cube business that makes money.

1. Glo® ($4.8M/year)

Hagan Walker, co-founder of Glo, came up with the idea for liquid-activated products, including light-up drink cubes and sensory toys for children, during a classroom project. After winning a competition and receiving funding, Walker and his team worked tirelessly to refine their prototypes and secure major accounts to keep the business afloat. Now, they sell over 3 million products to customers in 37 countries, generating a revenue of $1.2 million per year.

How much money it makes: $4.8M/year
How much did it cost to start: $15K
How many people on the team: 27

How We Built A $1.2MM/Year Business Selling Light Up Ice Cubes

Learn how a team from Mississippi State University turned a classroom project into a $1.2 million year business selling liquid-activated, light-up drink cubes and sensory toys for kids, which are now sold in 37 countries.

Read this case study

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