Selling ice cream can be a passive way to make extra money. Once you have a good process and hire a driver, you can start making money without much time or effort.
Ice cream is everyone’s favorite. Customers vary depending on age and gender. You can make $200 to $300 a day. That means returns of over $5,000 a month. It will take an investment to get started.
An ice cream taster can earn up to $100,000 a year. A chocolate taster earns $21,000 on average, up to $90,000 to $100,000 per year.
Profit margin for franchise owners is low as they give a percentage to the factory. Surveys suggest independent shops make 20% to 40%.
Shops make money in summer. Workers make $8 to $12 per hour. Management makes $25,000 to $38,000 per year. These are costs when figuring earning potential. The average margin is around 40%.
It does not take much effort to start; however, it can be costly. Many people simply get trucks and drivers. You can make passive income via a store or truck. However, to be passive, work must be delegated.
Profits selling flavors will differ when compared to a shop selling only one. Offering other products like chocolate will boost income. Offering delivery helps make more.
Management style determines income. Baskin Robbins charges $2.19 for a kid’s scoop, $2.79 for a single scoop, and $3.99 for a double scoop. Soft serve has a good profit margin.
The most important factor is having a solid plan. Make sure to research competition and develop an edge to attract customers. On average, even a small business can earn $45,000 to $120,000 monthly. Well performing businesses with a good brand can earn over $200,000 monthly. Profit margins are good in this business.