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[Editor's note: This story has been updated to reflect that Nico Vergara worked at Zeds Real Fruit Ice Cream before launching his business. And it all started with a small New Zealand-style "real fruit" ice cream cart in Portland, Oregon. Vergara helped manage a business, Zed's Real Fruit Ice Cream, that used the machine before starting his own in 2021. Most of that revenue — $473,000 — came solely from Nico's Ice Cream. One piece of equipment was particularly important: the ice cream blender, made by a Hope, New Zealand-based company called Little Jem.
Persons: Nico Vergara, Vergara, he'd, Jem Organizations: CNBC, Cream, Apple Locations: New Zealand, Portland , Oregon, Portland, Oregon, Washington, Mexican, Zealand, Hope , New Zealand
Today, Nico's Ice Cream includes two brick-and-mortar locations in Portland and pints sold in about 60 grocery stores across Oregon and Washington. Within a year, one ice cream cart became two brick-and-mortar locations, a Mexican restaurant and a cafe that closed almost as quickly as it opened. Most of that revenue — $473,000 — came solely from Nico's Ice Cream. One piece of equipment was particularly important: the ice cream blender, made by a Hope, New Zealand-based company called Little Jem. Vergara, working at one of his two Nico's Ice Cream locations.
Persons: Nico Vergara, Vergara, he'd, Jem Organizations: Zealand, CNBC, Cream, Apple Locations: New Zealand, Portland , Oregon, Portland, Oregon, Washington, Mexican, Zealand, Hope , New Zealand
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I turned my love of 'real fruit' ice cream into $650K in salesIn 2021, Nico Vergara sank all the money he earned playing the stock market and working in the service industry into an ice cream cart. He planned to sell a special kind of ice cream blended with real fruit and open a shop in his hometown of Portland, Oregon. Now, Nico's Ice Cream has two brick-and-mortar locations in Portland, helping Vergara also open a restaurant, Nico's Cantina. At the age of 23, he's bringing in $650,000 in annual sales from all of his ventures.
Persons: Nico Vergara, Vergara Locations: Portland , Oregon, Portland
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