SeeBITDAOklahoma

Twice The Ice

Food and Beverage Retailers
  • 1411 S. Main, Kingfisher, OK
  • Since 2003
Estimated valueLow confidence
$406K
$151Klikely range$637K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$203K
7% of revenue
Employees
—
not reported
Lisa Norris
Owner (Missouri based location) · source
Unlikely to sell soon

How we got $406K

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

A typical food and beverage retailers business in Oklahoma$3.0M
Revenue$3.0M
× 7% profit margin$203K
× 2 sale multiple = value$406K

· Own this business? Correct these figures

What we know

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

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 offers drive-up vending of filtered ice and water, with touchless purchasing through its ICE2U app, aimed at people who need ice and water quickly.

Products & services
Twice The IceTwice Pure WaterPlanet PenguinICE2U appICE2U for BusinessICE2U For Food TrucksICE2U for ConstructionICE2U For Restaurants
Markets served
business owners and managersfood trucksconstructionrestaurants
Service area
Corpus Christi TXHastings FLMathis TXRockport TXGreen Cove Springs FL

From the company's website. Industry: Food and Beverage Retailers.

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
$3.0M$203K—
Dennis' Express Pharmacy
Kingfisher
$4.6M$349K0.1 mi
RJRX3 LLC
Kingfisher · 9 employees
$7.2M$541K0.1 mi
Heritage Pharmacy
Kingfisher
$4.6M$349K0.1 mi
B & B Liquor
Kingfisher
$3.0M$203K0.1 mi
O'Reilly Auto Parts
Kingfisher
$2.3M$126K0.1 mi
United Supermarkets
Kingfisher
$3.0M$203K0.1 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$406K
Multiple for this size and industry2×
Value range$151K – $637K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Food and Beverage Retailers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.

Revenue range$1.4M – $3.9M
EBITDA range$94K – $265K
Industry (NAICS)Food and Beverage Retailers (445)

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

  • MS
    Marc Savenor
    Owner (Boston based location) · Company website · source
  • ES
    Elizabeth Sellers
    Owner (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.

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 food and beverage retailers company in Kingfisher, Oklahoma, in business since 2003. It is owned by Lisa Norris (Owner (Missouri based location)). Its estimated annual revenue is about $3.0M, with roughly $203K of EBITDA. Its estimated business value is $406K (likely range $151K–$637K).

Common questions

Who owns Twice The Ice?
Twice The Ice is owned by Lisa Norris (Owner (Missouri 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 $3.0M (likely between $1.4M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Twice The Ice worth?
About $406K, roughly 2× its estimated EBITDA of $203K, typical for a food and beverage retailers company its size. Likely range: $151K–$637K.
When was Twice The Ice founded?
Twice The Ice has been in business since 2003.