SeeBITDAOklahoma

Twice The Ice

Wholesale trade
  • 121 E Waterloo Rd, Edmond, OK
  • 4 locations
  • Since 2003
Estimated valueLow confidence
$11.2M
$2.4Mlikely range$22.5M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$38.5M
a year
Profit (EBITDA)
$2.2M
6% of revenue
Employees
—
not reported
Marc Savenor
Owner of Boston based location · source
Unlikely to sell soon

How we got $11.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical wholesale trade business in Oklahoma$38.5M
Revenue$38.5M
× 6% profit margin$2.2M
× 5.2 sale multiple = value$11.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
4 locations found

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

From public records and the company's website, not a statement that it's for sale.

What they do

Twice the Ice sells ice and filtered water through drive-up, touchless vending machines and the ICE2U app. It also offers ICE2U for Business and for food trucks, construction and restaurants to manage ice purchases.

Products & services
Twice The IceTwice Pure WaterPlanet PenguinICE2U appICE2U for BusinessICE2U For Food TrucksICE2U for ConstructionICE2U For Restaurantsdrive-up ice and water vending
Markets served
food trucksconstructionrestaurantsbusiness owners and managers
Service area
Corpus Christi TXHastings FLMathis TXRockport TXGreen Cove Springs FL

From the company's website. Industry: Wholesale trade.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Trucking & freight
Restaurants

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Twice The Ice
this business
$38.5M$2.2M—
Blue Rhino Propane Exchange
Edmond
$9.6M$660K0.1 mi
CIRCLE E INC
Edmond · 2 employees
$3.0M$168K0.1 mi
JAK'D UP LLC
Edmond · 4 employees
$3.1M$177K0.4 mi
Louis Systems
Edmond
$9.6M$660K0.6 mi
J.D. LAKE ENTERPRISES, INC.
Edmond · 2 employees
$2.8M$257K0.6 mi
EDMOND TENNIS SERVICES, LLC
Edmond · 19 employees
$14.2M$971K0.9 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$11.2M
Multiple for this size and industry5.2×
Value range$2.4M – $22.5M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (6%). Treat these as a rough guide.

Revenue range$10.3M – $64.2M
EBITDA range$579K – $3.6M
Industry (NAICS)Wholesale trade (42)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Founded 2003
“In 2003 Ice House America brought you the Twice the Ice brand of ice vending machines, revolutionizing how ice was bought and sold.”

Leadership

  • ES
    Elizabeth Sellers
    Owner of three Texas based locations · Company website · source

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

4 locations

121 E Waterloo RdEdmondThis listing
105 S Chouteau AveChouteauView
221 S Broadway StClevelandView
8701 SE 29th StMidwest CityView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Twice The Ice

Twice The Ice is a wholesale trade company in Edmond, Oklahoma, in business since 2003. It is owned by Marc Savenor (Owner of Boston based location). Its estimated annual revenue is about $38.5M, with roughly $2.2M of EBITDA. Its estimated business value is $11.2M (likely range $2.4M–$22.5M). It has 4 locations.

Common questions

Who owns Twice The Ice?
Twice The Ice is owned by Marc Savenor (Owner of Boston based location), according to public sources such as the company's website or filings.
How much revenue does Twice The Ice make?
SeeBITDA estimates Twice The Ice's annual revenue at about $38.5M (likely between $10.3M and $64.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Twice The Ice worth?
About $11.2M, roughly 5.2× its estimated EBITDA of $2.2M, typical for a wholesale trade company its size. Likely range: $2.4M–$22.5M.
When was Twice The Ice founded?
Twice The Ice has been in business since 2003.