Profitability of Selling Italian Ice
Italian ice is a popular summer treat, and it can be quite profitable for those who sell it. Here are some factors to consider when determining profitability:
Cost and Pricing
- The cost of ingredients. Italian ice is made with fruit, water, and sugar. You can expect to spend $0.50-$0.75 per serving.
- The price you charge. Once you’ve determined your costs, you’ll need to set a price. Generally, the higher the price point, the more profitable the business. However, consider the competition and what consumers are willing to pay.
Overhead and Inventory
- Overhead costs like equipment, employees, insurance, etc. These vary based on factors like location and size of your business.
- Shelf-life and spoilage. Italian ice lasts a long time frozen so it’s rare to lose inventory.
By following key steps like creating a business plan and choosing the right location, equipment, and recipes, selling Italian ice can be a very lucrative summer business.
A small scoop costs around 35 cents to make and sells well for $2 – almost 600% profit!