How a basement operation turned 300-pound water blocks into millions

Making $2.7 Million A Year Selling Ice In NYC | Small Business · 13:12 · Video: Insider Food · Watch at the source

In short: In 2009, Richard Boccato started a business in a bar basement using nothing but chainsaws and clothing irons. Today, his company serves some of the world's most elite culinary destinations by turning filtered tap water into a luxury commodity.

Hundredweight Ice has scaled from a DIY hobby into a multimillion-dollar operation in New York City. The company now harvests over 3 million pounds of ice annually, generating $3 million in revenue in 2025. A luxury market featuring over 20 Michelin-starred restaurants is served by this firm, which shapes 300-pound filtered tap water blocks into bespoke spheres, cubes, and engraved items.

The transition from manual tools to a massive production scale highlights the premium on craft in the food industry. It demonstrates how specialized manufacturing—focusing on specific shapes and aesthetics—can turn a basic utility into a high-margin luxury service for the hospitality sector.

Opens the Intellect+ feed with this card first. Swipe up for the next one.

Sources

To cite this card, link to https://intellectplus.co.uk/app/food-making-2-7-million-a-year-selling-ice-in-nyc-small-business.

How we source, check and correct cards: Editorial standards.

General information, not professional advice. Spotted an error? Flag the card or see corrections and complaints.

Intellect Plus is a visual educational discovery platform for exploring fascinating facts and ideas. Brain Food, Not Brain Rot. What is Intellect Plus?

Related

Finding something worth knowing…