Make vs. Buy
We are confident that you will find purchasing Serv-ice Ice is more cost effective, sanitary, and convenient than making your own packaged ice
We now accept all credit and debit cards as forms of payment.
| Capital Investment | Make your own Ice | Buy Ice |
|---|---|---|
| Cost of Electrical Wiring | $101.00 | $0.00 |
| Cost of Plumbing for Drain with Trap | $194.00 | $0.00 |
| Cost of Plumbing for water Connection | $122.00 | $0.00 |
| Carpentry Work and Other installation costs | $130.00 | $0.00 |
| Ice Maker | $3,350.00 | $0.00 |
| Ice Merchandiser | $1,200.00 | $0.00 |
| Freight Cost for Ice Maker & Merchandiser | $260.00 | $0.00 |
| Total Capital Investment | $5,357.00 | $0.00 |
| Overhead Cost Per Year | ||
| Depreciation Ice Maker | $418.75 | $0.00 |
| Depreciation Merchandiser | $120.00 | $0.00 |
| Maintenance & Repairs | $300.00 | $0.00 |
| Property Taxes | $45.00 | $0.00 |
| Fire & Liability Insurance | $50.00 | $0.00 |
| Total Overhead Costs Per Year | $933.75 | $0.00 |
| Operating Cost Per Year | ||
| Electricity for Ice Maker | $1,239.98 | $0.00 |
| Water & Sewer | $240.00 | $0.00 |
| Ice Bags & Ties/unit | $0.05 | $0.00 |
| Ice Bags & Ties/yr | $150.00 | $0.00 |
| Employee Wage/hr | $5.15 | $0.00 |
| Employee Labor | $515.00 | $0.00 |
| Ice Purchased from Serv-Ice due to Machine Failure | $350.00 | $0.00 |
| Total Operating Cost Per Year | $2,494.98 | $0.00 |
| Retail Price | $1.99 | $1.99 |
| Units Sold | 3,000 | 3,000 |
| Gross Profit | $5,970.00 | $5,970.00 |
| Cost/Unit | $1.14 | $0.95 |
| Net Income | $2550.00 | $3,120.00 |