Financing Dossier
Kiosk'Ice
US Market Adaptation Program
$373,870
Total financing requested
Financing Dossier
US Market Adaptation Program
Total financing requested
| Company Identity | |
|---|---|
| Legal name | MK ICE SAS |
| Trade name | Kiosk'Ice |
| SIREN | 532 325 727 |
| SIRET (headquarters) | 532 325 727 00040 |
| VAT number | FR39532325727 |
| Legal form | SAS (Simplified Joint-Stock Company) |
| Share capital | €169,300.00 |
| Founded | May 17, 2011 |
| Headquarters | Route des Milelli, Parc Aurancia, 20090 Ajaccio, Corsica, France |
| President | Michèle ROSSI |
| NAF Code | 4669C — Wholesale of miscellaneous supplies and equipment |
| Employees | 1-2 |
MK ICE SAS, operating under the Kiosk'Ice brand, is a French company specializing in the design, engineering, and manufacturing of automated ice vending machines. The company has developed proprietary technology for compact, fully automated ice production and dispensing units designed for outdoor unattended operation.
Design and manufacturing of automated ice vending machines. Each unit integrates ice production, storage, bagging, and contactless payment into a single compact footprint. Machines are manufactured in-house with full control over the supply chain and quality assurance process.
The Kiosk'Ice machine stands apart from existing US market offerings through its compact design (42 sq ft footprint versus 100+ sq ft for competitors), lifetime chassis warranty, modular architecture enabling field-level repairs, integrated IoT monitoring platform, and all-inclusive pricing with no hidden costs.
The company has demonstrated consistent operational excellence across its European fleet and is now seeking to adapt its proven technology for the US market, the largest ice vending market in the world.
Total investment required for the US market adaptation program: $373,870 (EUR 343,000 at 1.09 conversion rate).
| Line Item | Amount (USD) | % of Total |
|---|---|---|
| Application & Digital Platform | $81,750 | 21.9% |
| Production Tooling | $81,750 | 21.9% |
| US Chassis (fabrication) | $49,050 | 13.1% |
| US Compliance & Certifications | $46,870 | 12.5% |
| PCB / Electronic Board | $37,060 | 9.9% |
| Mechanical Engineering | $30,520 | 8.2% |
| Electrical Engineering | $30,520 | 8.2% |
| Prototype Test Bench | $16,350 | 4.4% |
| Total | $373,870 | 100% |
| Quarter | Scope | Amount (USD) | Cumulative |
|---|---|---|---|
| Q3 2026 | Mechanical + Electrical Engineering + PCB | $98,100 | $98,100 |
| Q4 2026 | Chassis + Prototype + Application (1/2) | $106,275 | $204,375 |
| Q1 2027 | Certifications + Application (2/2) + Tooling (1/2) | $128,620 | $332,995 |
| Q2 2027 | Tooling (2/2) + Finalization | $40,875 | $373,870 |
The US ice vending market represents the largest addressable market globally, driven by high per-capita ice consumption, warm-climate states, and a strong culture of self-service retail. The market is served primarily by large-footprint machines from established domestic players.
Kiosk'Ice enters the market with a differentiated value proposition: a compact, all-inclusive machine at $35,000, significantly below the installed cost of competing solutions.
| Criterion | Kiosk'Ice | Kooler Ice | Everest | Ice House America |
|---|---|---|---|---|
| Machine price | $35,000 | $65,000–$150,000 | $55,000–$100,000 | $120,000+ (lease) |
| Footprint | 42 sq ft | 100+ sq ft | 80+ sq ft | 120+ sq ft |
| Chassis warranty | Lifetime | 1 year | 1 year | N/A (lease) |
| Contactless payment | Yes (native) | Optional | Optional | Yes |
| IoT monitoring | Yes (included) | Optional add-on | Basic | Proprietary |
| Repairability | AA++ (modular) | Standard | Standard | Franchise-dependent |
Compactness: 42 sq ft footprint opens locations inaccessible to competitors (gas station corners, strip malls, parking areas).
Price: At $35,000 all-inclusive, entry cost is 50–75% below market alternatives.
Warranty: Lifetime chassis warranty reduces total cost of ownership and builds buyer confidence.
Technology: Native contactless payment, integrated IoT platform for remote monitoring and predictive maintenance.
Conservative scenario only. All projections below use worst-case assumptions: $1,500/month revenue per machine sold, conservative sales ramp.
Monthly payment: $7,055
| Year | Opening Balance | Annual Interest | Principal Repaid | Monthly Payment | Closing Balance |
|---|
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Machines sold (cumulative) | 8 | 23 | 48 |
| Revenue ($1,500/mo/machine) | $283,600 | $537,600 | $908,600 |
| Annual debt service | — | — | — |
| Coverage ratio | — | — | — |
The following guarantees are proposed to secure the financing. Their combination provides multiple layers of protection for the lender.
All figures below use the conservative scenario: 8 machines Year 1, 15 machines Year 2, 25 machines Year 3.
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Machines sold | 8 | 15 | 25 |
| Machine sales ($35K each) | $280,000 | $525,000 | $875,000 |
| SaaS + After-sales | $3,600 | $12,600 | $33,600 |
| Total Revenue | $283,600 | $537,600 | $908,600 |
| Machine COGS | ($168,000) | ($315,000) | ($525,000) |
| US Sales Operations | ($50,000) | ($80,000) | ($120,000) |
| Marketing & Trade Shows | ($25,000) | ($40,000) | ($50,000) |
| Travel | ($15,000) | ($20,000) | ($20,000) |
| Total Costs | ($258,000) | ($455,000) | ($715,000) |
| Net Result | +$25,600 | +$82,600 | +$193,600 |
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Net Result | $25,600 | $82,600 | $193,600 |
| Annual Debt Service | — | — | — |
| DSCR | — | — | — |
| Q1 | Q2 | Q3 | Q4 | |
|---|---|---|---|---|
| Machines sold | 1 | 2 | 3 | 2 |
| Revenue | $36,200 | $71,400 | $106,000 | $70,000 |
| Costs | ($52,000) | ($63,000) | ($82,000) | ($61,000) |
| Net Cash Flow | ($15,800) | +$8,400 | +$24,000 | +$9,000 |
| Company | MK ICE SAS |
| President | Michèle ROSSI |
| Address | Route des Milelli, Parc Aurancia, 20090 Ajaccio, Corsica, France |
| Phone | [Phone number] |
| [email protected] | |
| Website | www.kioskice.com |
| SIREN | 532 325 727 |
| SIRET | 532 325 727 00040 |
| VAT | FR39532325727 |
This document is provided for the sole purpose of evaluating a financing request and is strictly confidential. It may not be reproduced, distributed, or disclosed to third parties without the prior written consent of MK ICE SAS. All financial projections contained herein are forward-looking estimates based on management's best assessment of market conditions, historical performance, and industry benchmarks. They do not constitute guarantees of future results. Actual performance may differ materially from the projections presented. The conservative scenario presented in this document represents the company's assessment of worst-case outcomes and is intended to demonstrate the resilience of the business model under adverse conditions.
Document prepared: March 2026 — Version 4.0