How an Ice Machine Rental Business Sold at 600 Times EBITDA

In this episode, Lucas and Luna explore the unlikely world of commercial ice machine rentals. They break down the recent sale of IceCo Services, a small regional operator that sold for 600 times EBITDA. With a handful of long-term lease contracts and almost zero customer turnover, the business achieved a multiple that would make any SaaS founder jealous. Lucas explains why buyers are so hungry for these 'boring' physical-asset businesses, and what the deal tells us about the market for ultra-stable cash flows. If you've ever wondered how a business that just drops off ice machines can be worth millions, this one's for you. #IceMachineRental #CommercialIce #BusinessExit #EBITDA #SmallBusinessSale #RecurringRevenue #ServiceBusiness #BusinessBroker #Entrepreneur #PassiveIncome #IceCo #FexingoBusiness #BusinessPodcast #BuyerAndSeller #PodcastEpisode #HighMultiple #LeaseContracts #SmallBiz Keep every episode free: buymeacoffee.com/fexingo