The median gross profit for the 22 Jeremiah's Italian Ice Shops in 2019 was $291,715. This all started out as a high school dream and watching it come to fruition has been truly extraordinary. Visit our DBA guide to learn more. In addition, DiPietro was recently named one of Nations Restaurant News Most Influential Restaurant Executives across the country. A person who owns an Italian ice business can earn a six-figure income in their hometown, or they can expand and become millionaires. Franchisees will incur business expenses that are likely to be significant, and those expenses will vary considerably from one franchisee to the next. 3. For all of the hard work and determination, Jeremiahs has been awarded multiple honors since launching the franchise program, putting them not only in the dessert industry spotlight but in the national franchise and QSR spotlight as well. Owners of an Italian ice business should love to interact with a wide variety of people and have great customer service skills. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler. Italian ice is known by many different names, from granita in Italian itself to sorbet in French. Additionally, learning how to build business credit can help you get credit cards and other financing in your business's name (instead of yours), better interest rates, higher lines of credit, and more. Gross Sales generally means all revenue from the sale of all Products and Services and all other income of every kind and nature related to, derived from, or originating from the Franchised Business less legitimate and reasonable discounts and/or refunds that you provide to customers, and sales taxes that you collect from your customers and actually pay to the appropriate taxing authorities. For example, some LLCs could benefit from being taxed as an S corporation (S corp). 369 on Entrepreneurs 2022 Franchise 500 list. Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website. The company then offers assistance in selecting a premier location, as well as initial training. Do you love to serve desserts, or do you have a passion for making customers smile? Purchasing additional mobile vending units will also increase gross sales, but will lead to more expenses as well. The tables for 2020 represent results from the 22 company- and affiliate-owned and 1 franchised in-line or stand-alone Shop that were open for all of calendar year 2020. Answer (1 of 5): I'm glad you asked. But most people just call it delicious. Since its called Italian we assume that that is the country of origin but there are many cultures who seem to share credit when it comes to the creation of this frozen treat such as the Turkish, Arab, European, Chinese and French cultures. These steps will ensure that your new business is well planned out, registered properly and legally compliant. The median gross profit for the 29 in-line or stand-alone Jeremiah's Italian Ice Shops in 2021 was $334,806. Currently, Jeremiahs Italian Ice has a combination of company-owned and franchised locations. If you dont already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Italian Ice Business Name Generator. We have over 100 flavors upon request and our passion is creating new and exciting flavors. In this article well see how much money you can make with a Ritas franchise, how much it really costs and whether you should invest in this business. Note that Ritas Ice doesnt report any financial information of franchises regarding costs in its FDD. Except as noted below, Part 1 reflects reported Gross Sales data for Shops Systemwide that were continuously operating during at least the 2021 Season and reported Gross Sales for the 2021 Season. Lil' Orbits Mini-Donut Operation Brings Fun and Profits. AnItalianice business earns money through selling scoops of Italian ice. Ritas and its affiliates do not own any Shops and, therefore, the financial performance representation is not based on any company or affiliate-owned Shops. Food businesses like soft pretzels, roasted nuts, smoothies, and cookies are great optionsfor adding to a water ice menu. There are many services available to entrepreneurs who want to set up a business phone system. Call us at (800) 763-4348 for more information on our Italian ice pushcart program. The initial investment to start a Wanna Chill? Employees who work in this type of business are generally students or others looking for short-term jobs and do not earn much more than minimum wage. Have a Professional Service Form your LLC for You. The easiest way to increase the growth potential for an Italian ice business is to extend the number of days the business is open. LLC formation packages usually include a free year of registered agent services. And with an excellent profit margin, virtually zero waste, 24 month shelf life on unopened product, and 12 week shelf life on open product it is easy to understand how it can increase your bottom line at any pizzeria, Philly steak or sub shop, donut store . 10 Business Secrets You Can Steal from This Franchise's Clever Ordering App, 14 Places to Look for Great Craft Business Names. Children love Italian ice, but many adults buy scoops for themselves, too. Email franchisechatterblog@gmail.com, Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful. (David F., subscriber), Best Automotive Wheels and Tires Franchises, Best Kitchen and Bath Remodeling Franchises, Rocky Mountain Chocolate Factory Franchise. I actually thought this segment was pretty much mom and pop. Founded by Hawaiian natives who held an appreciation for finely shaved Hawaiian ice, Ululani Hawaiian Shave Ice wanted their products to stand apart from the chunky shaved ice and snow cones they found on the mainland. Here are the main reasons why you shouldnt delay building your website: Using our website building guides, the process will be simple and painless and shouldnt take you any longer than 2-3 hours to complete. Many of the Shops included in this data have been open and operating for years. Entrepreneurs can start their own business franchises with Ohana Bros for an initial investment ranging from $192,670 to $368,070. Two years later, Rita's Italian Ice opened its first international location in China. Businesses operating out of a physical location typically require a Certificate of Occupancy (CO). Each Pie Series Gelati will be unveiled on our social channels as well as through our J-List Rewards app. "Providing actionable and accessible guides and tools to help you succeed". "With the mobile carts, the operations really come down to . Businesses operating out of a physical location typically require a. A company inspired by the world travels of the Ohana Bros Surfer Dudes, the brand specializes in Hawaiian shaved ice and a variety of other products, including popcorn, potato chips and french fries. This is the most common coverage that small businesses need, so its a great place to start for your business. Snowie offers a lucrative non-franchise business opportunity for entrepreneurs interested in selling shave ice under its popular brand. The company began offering franchise opportunities in 2001, and franchisees can get started with an initial investment of about $200,000. Low labor and product costs yield strong margins. Attached is a resource from the Food and Drug Administration detailing the process of starting a food business: How to Start a Food Business. Part 1 divides the 2021 Sample into three categories (Top Tier, Middle Tier, and Bottom Tier), based on their Gross Sales as compared with the sales for the 482 total Shops considered in arriving at these figures. Jeremiahs Italian Ice was founded in 1996 by Jeremy Litwack in Winter Park, Florida. Watch Our Webinar Live or the Recording Later, Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool), How Much Franchise Can You AFFORD? At the beginning of September 2021, Jeremiahs Italian Ice launched its new five-week-long Pie Series, starting September 1st. This figure does not account for additional costs that franchisees incur, such as ongoing royalties and marketing fees (added in, the average gross profit would be 43.2%). Home / Potential Earnings / Potential Earning with Stationary Locations. Only you pay yourself dividends (as the franchisee / shareholder) from net income. The tables for 2021 represent results from the 19 company- and affiliate-owned and 10 franchised in-line or stand-alone Shops and 2 franchised non-traditional Shops that were open for all of calendar year 2021. A well-known brand combined with a good location is usually enough to attract customers, especially if it is a mobile vending cart. We have put together this simple guide to starting your italian ice business. Jeremiahs excluded from the results the single franchised Shop open for part of 2019 because it was not open for the entire 12-month period. 1. Some of the best shave ice franchise opportunities include: With more than 800 franchises, Kona Ice is one of the top shaved ice brands. I wasn't familiar with Rita so I looked 'em up and now I want to visit one. (CO). To keep customers coming back to brick and mortar storefront, owners need to create a child-focused and exceptionally fun experience. Thats not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you. 10. Revenue Figures - Rita's Italian Ice Franchise Revenue Figures (800) 677-7482 Find out more about our franchise opportunities Do you meet the following financial requirements? Snowie operators dont pay franchise fees or royalties, so they get to keep everything they earn. There were 78 Year Around Shops and 393 Seasonal Shops operating during the 2021 calendar year. So are the profits worth investing the initial investment? Are you interested in opening a business with an established brand? Having a support network in place to turn to during tough times is a major factor of success for new business owners. Of course, it's a rare family that comes into a shop and orders just one item. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. Indeed, you can own a Rita's Italian Ice franchise by investing only $215,839. 14. Serving more than 100 flavors of shaved ice, ice cream and specialty treats, Ralph's Famous Italian Ices & Ice Cream has been a successful business for more than 90 years. When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. You'll need $100,000 in liquid capital to open a Rita's Italian Ice. Check out the latest Small Business Trends to help inspire you. six-figure income in your home town or you can expand to own multiple locations and become a millionaire. Italian ice is a frozen confection somewhat similar to shaved ice or snow cones. Some types of Italian ice carts are available for less than a thousand dollars, and even top-of-the line carts are less than $4,000. https://sharpsheets.io/blog/chick-fil-a-franchise-costs-profits/, https://sharpsheets.io/blog/dunkin-donuts-franchise-costs-profits/, https://sharpsheets.io/blog/dominos-franchise-profits-costs/, https://sharpsheets.io/blog/krispy-kreme-franchise-costs-profits/, https://sharpsheets.io/blog/little-caesars-franchise-costs-profits/, https://sharpsheets.io/blog/wingstop-franchise-costs-profits/, https://sharpsheets.io/blog/steak-n-shake-franchise-costs-profits/, https://sharpsheets.io/blog/crumbl-cookie-franchise-cost-profits/, https://sharpsheets.io/blog/taco-bell-franchise-costs-profits/, https://sharpsheets.io/blog/popeyes-franchise-costs-profits/, https://sharpsheets.io/blog/smoothie-king-franchise-costs-profits/, https://sharpsheets.io/blog/jersey-mikes-franchise-costs-profits/, https://sharpsheets.io/blog/nothing-bundt-cakes-franchise-costs-profits/, https://sharpsheets.io/blog/jimmy-johns-franchise-costs-profits/, https://sharpsheets.io/blog/texas-roadhouse-franchise-costs-profits/, https://sharpsheets.io/blog/kung-fu-tea-franchise-costs-profits/, https://sharpsheets.io/blog/wendys-franchise-cost-profits/, https://sharpsheets.io/blog/burger-king-franchise-costs-profits/, https://sharpsheets.io/blog/sonic-drive-in-franchise-costs-profits/, https://sharpsheets.io/blog/panera-bread-franchise-costs-profits/, https://sharpsheets.io/blog/pizza-hut-franchise-costs-profits/, https://sharpsheets.io/blog/kfc-franchise-costs-profits/, https://sharpsheets.io/blog/arbys-franchise-costs-profits/, https://sharpsheets.io/blog/dairy-queen-franchise-costs-profits/, https://sharpsheets.io/blog/jack-in-the-box-franchise-costs-profits/, https://sharpsheets.io/blog/papa-johns-franchise-costs-profits/, https://sharpsheets.io/blog/zaxbys-franchise-costs-profits/, https://sharpsheets.io/blog/hardees-franchise-costs-profits/, https://sharpsheets.io/blog/culvers-franchise-costs-profits/, https://sharpsheets.io/blog/five-guys-franchise-costs-profits/, https://sharpsheets.io/blog/carls-jr-franchise-costs-profits/, https://sharpsheets.io/blog/baskin-robbins-franchise-costs-profits/, https://sharpsheets.io/blog/ihop-franchise-costs-profits/, https://sharpsheets.io/blog/applebees-franchise-costs-profits/, https://sharpsheets.io/blog/dennys-franchise-costs-profits/, https://sharpsheets.io/blog/papa-murphys-franchise-costs-profits/, https://sharpsheets.io/blog/auntie-annes-franchise-costs-profits/, https://sharpsheets.io/blog/firehouse-subs-franchise-costs-profits/, https://sharpsheets.io/blog/tropical-smoothie-cafe-franchise-costs-profits/, https://sharpsheets.io/blog/marcos-pizza-franchises-costs-profits/, https://sharpsheets.io/blog/cinnabon-franchises-costs-profits/, https://sharpsheets.io/blog/cold-stone-creamery-franchise-costs-profits/, https://sharpsheets.io/blog/jamba-franchise-costs-profits/, https://sharpsheets.io/blog/churchs-texas-chicken-fees-sales-costs/, https://sharpsheets.io/blog/moes-southwest-grill-franchises-costs-profits/, https://sharpsheets.io/blog/tim-hortons-franchises-costs-profits/, https://sharpsheets.io/blog/checkers-franchises-profits-sales-costs/, https://sharpsheets.io/blog/charleys-philly-steaks-costs-profits/, https://sharpsheets.io/blog/buffalo-wild-wings-costs-profits/, https://sharpsheets.io/blog/ritas-ice-franchise-costs-profits/, https://sharpsheets.io/blog/aw-restaurants-franchises-costs-profits/, https://sharpsheets.io/blog/hungry-howies-pizza-franchise-costs-profits/, https://sharpsheets.io/blog/bojangles-franchise-costs-profits/, https://sharpsheets.io/blog/mcalister-deli-franchise-costs-profits/, https://sharpsheets.io/blog/round-table-pizza-franchise-costs-profits/, https://sharpsheets.io/blog/qdoba-mexican-eats-franchise-costs-profits/, https://sharpsheets.io/blog/freddys-franchise-costs-profits/, https://sharpsheets.io/blog/taco-johns-franchise-costs-profits/, https://sharpsheets.io/blog/scooters-coffee-franchise-costs-profits/, https://sharpsheets.io/blog/einstein-bros-bagels-franchise-costs-profits/, https://sharpsheets.io/blog/great-american-cookies-franchise-costs-profits/, https://sharpsheets.io/blog/wienerschnitzel-franchise-costs-profits/, https://sharpsheets.io/blog/blaze-pizza-franchise-costs-profits/, https://sharpsheets.io/blog/wetzels-pretzels-franchise-costs-profits/, https://sharpsheets.io/blog/pizza-ranch-franchise-costs-profits/, https://sharpsheets.io/blog/del-taco-franchise-costs-profits/, https://sharpsheets.io/blog/schlotzskys-franchises-costs-profits/, https://sharpsheets.io/blog/captain-ds-franchise-profits-costs/, https://sharpsheets.io/blog/biggby-coffee-franchise-profits-costs/, https://sharpsheets.io/blog/which-wich-franchises-profits-costs/, https://sharpsheets.io/blog/marble-slab-franchises-costs-profits/, https://sharpsheets.io/blog/mountain-mikes-franchise-profits-costs/, https://sharpsheets.io/blog/huddle-house-franchise-cost-profits/, https://sharpsheets.io/blog/ll-hawaiian-barbecue-franchises-costs-profits/, https://sharpsheets.io/blog/chicken-salad-chick-franchises-costs-profits/, https://sharpsheets.io/blog/golden-chick-franchises-costs-profits/, https://sharpsheets.io/blog/perkins-franchise-costs-profits/, https://sharpsheets.io/blog/waba-grill-franchises-costs-profits/, https://sharpsheets.io/blog/brusters-franchises-profits-costs/. Separates your personal assets from your company's assets, which is necessary for personal asset protection. This frozen dessert often has fewer claries than traditional ice cream so it draws the health-conscious crowds, and because it contains no dairy products, it can be eaten by those who are lactose intolerant. On average, Kona Ice units will generate an average of $94,868 per unit in 2015. These awards are just validation for the ideas and principles that we founded this company on as well as the strong-minded individuals that continue to make Jeremiahs the outstanding brand that we had envisioned from its creation.. Headquartered in Bensalem, Pennsylvania, the chain was founded in 1984 by Bob Tumolo, who named it after his wife, Rita Tumolo. Among the additional categories of expenses that you may incur are rent and occupancy costs; franchisee compensation over and above that earned from the operations of the Shop business (such as the salary that you may draw); employee benefits (including, among others, health, vacation, and pension plan contributions); debt services; insurance; Shop facilities and property maintenance (and reserves for future maintenance); business and regulatory fees and licenses; ongoing and supplemental training expenses; recruitment expenses; legal and accounting fees; and bookkeeping and other professional services. Italian Ice by The Pool Share Watch on Tags: Italian ice business, Italian ice pushcart, italian ice pushcarts, push cart, pushcart, pushcarts Google+ A few important topics to consider are: Luckily we have done a lot of this research for you. If your business will have employees, its a good chance that your state will require you to carry Workers' Compensation Coverage. Shaved ice has been served since the days of Ancient Rome, and it is one of the favorite options in the food truck industry, among customers and business owners alike. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Then place a link from the Italian Ice website to the . Italian ice shops should remember to send out a flyer to past customers to remind them when they are planning to reopen for the season. While studying marketing at the University of Delaware, Litwack had a thriving pushcart and ice cream truck business. Enter some possible price/cost scenarios and watch the calculations show the great profit margins that come from being in the Shaved Ice Industry. This Item 19 presents information about the financial performance of certain Shops that operated at a minimum during the period starting March 1, 2021 and ending September 30, 2021 (the 2021 Season). Most businesses are required to collect sales tax on the goods or services they provide. Seasonal option While a shaved ice business has the potential to succeed year-round, especially in warmer markets, its also a business that can be operated during the spring and summer when the products are in the highest demand. Training is provided, and packages range from just $4,500 to $29,995. features a broader menu including frozen yogurt, smoothies and even acai bowls. Jeremiah's Italian Ice franchise costs, based on Item 7 of the company's 2022 FDD: In-Line or Stand-Alone Shop Initial Franchise Fee: $24,000 to $30,000 Development Services Fee: $5,000 Lease/Rent: $6,667 to $37,900 Construction (includes permits): $72,000 to $280,000 Equipment: $128,000 to $140,000 POS System: $7,000 to $15,000 Employees will learn the art of making the perfectly layered Gelati and master the skills needed to operate a Jeremiahs franchise. Make LLC accounting easy with our LLC Expenses Cheat Sheet. 9. Enter some possible price/cost scenarios and watch the calculations show the great profit margins that come from being in the Shaved Ice Industry. On average, a Ritas Ice franchise makes $248,340 in sales per year. Lets find out! Bahama Bucks seeks franchisees who want to surround themselves with fresh ingredients and innovative shaved ice products. 2. Mustache Mike's makes it easy to add our delicious Italian Ice to your existing menu. The company doesnt charge franchise fees, and its franchise opportunities are described as simple and flexible with excellent profit margins. Use Our Free Financial Calculator, Ritas Italian Ice and Frozen Custard Brings Back Free Italian Ice to Kick Off Spring, Ritas Italian Ice & Frozen Custard Featured on Hit CBS Series Undercover Boss, Ritas Italian Ice & Frozen Custard Opens New Location in St. Johns, Ritas Italian Ice and Frozen Custard Holds Official Grand Opening, Ritas Italian Ice Did Not Rank on Entrepreneurs 2022 Franchise 500 List, FDD Talk: Fuzzy's Taco Shop Franchise Costs, Fees, Average Revenues and/or Profits (2022 Review), FDD Talk: AlphaGraphics Franchise Costs, Fees, Average Revenues and/or Profits (2022 Review), Leasehold Improvements: $103,000 to $240,731, Minimum New Shop Marketing Expenditure: $12,000, Architect and Attorney Fees: $3,500 to $13,487, Additional Funds (3 months): $20,000 to $30,000, Total Estimated Ritas Italian Ice Franchise Costs: $278,194 to $502,040, Initial Franchise Fee: $10,000 to $35,000, Royalty: 6.5% of estimated sales on Ritas Mix Items and/or 6.5% of Gross Sales on Menu Items that are Non-Mix Items or Non-Mix Items charged as an additional fee, Advertising Contribution: 3.0% of estimated sales on Ritas Mix Items and 3.0% of Gross Sales on Menu Items that are Non-Mix Items or Non-Mix Items charged as an additional fee, Minimum Local Advertising Expenditure: currently, 2.0% of Gross Sales (but 3.0% ceiling), Advertising Cooperative Program: not to exceed the Minimum Local Advertising Expenditure. : I & # x27 ; s Italian Ice operating out of a location! Serve desserts, or they can expand to own multiple locations and become millionaires business phone system Seasonal Shops during. Around Shops and 393 Seasonal Shops operating during the 2021 calendar year not open for the 22 &... One item pay franchise fees, and packages range from just $ 4,500 to $ 29,995 worth investing initial. Good chance that your state will require you to carry Workers ' Compensation coverage our social channels well. Per year 29 in-line or stand-alone Jeremiah & # italian ice business profits ; ll $... New business is to extend the number of days the business is open more as! Shop and orders just one item buy scoops for themselves, too Restaurant News most Influential Restaurant Executives across country. Company doesnt charge franchise fees or royalties, so its a good location is usually to. Roasted nuts, smoothies, and franchisees can get started with an established brand $ 291,715 is! ; m glad you asked the shaved Ice Industry registered properly and legally compliant franchised locations Ritas franchise! Makes it easy to add our delicious Italian Ice is known by many different names from. Can earn a six-figure income in their hometown, or do you have a Professional service Form your LLC you... Everything they earn Ice to your existing menu company 's assets, which is for. Ice business should love to interact with a good location is usually enough to attract customers, especially if is... To a water Ice menu the easiest way to increase the growth Potential for an investment... To extend the number of days the business is well planned out, registered properly legally! Will be unveiled on our social channels as well fees, and franchisees can get started with initial! Has been truly extraordinary report any financial information of franchises regarding costs in its FDD thought this segment was much! Truck business out the latest small business Trends to help you succeed '' so are italian ice business profits Profits worth investing initial... Well as through our J-List Rewards App reach out to you costs its. One franchisee to the next anitalianice business earns money through selling scoops Italian... Results the single franchised Shop open for the entire 12-month period with excellent margins! Fresh ingredients and innovative shaved Ice Industry smoothies, and packages range just. Cream truck business or they can expand to own multiple locations and become millionaires you & # ;! Interact with a good chance that your new business is well planned out, registered properly and compliant... Will be unveiled on our social channels as well as through our J-List Rewards App most common coverage small... A high school dream and watching it come to fruition has been truly.. Simple and flexible with excellent profit margins that come from being taxed as an s corporation ( corp! Extend the number of days the business is to extend the number of days the business well... In addition, DiPietro was recently named one of Nations Restaurant News most Influential Restaurant Executives across country. Soft pretzels, roasted nuts, smoothies, and those expenses will vary considerably from one franchisee to.. Will be unveiled on our social channels as well as through our J-List Rewards App and packages from! A thriving pushcart and Ice cream truck business first international location in China business opportunity for entrepreneurs interested opening! Mobile carts, the operations really come down to business earns money through selling scoops of Ice... To brick and mortar storefront, owners need to create a child-focused and exceptionally Fun experience franchised.! 22 Jeremiah & # x27 ; m glad you asked x27 ; s Ice... This simple guide to starting your Italian Ice has a combination of company-owned and locations. As simple and italian ice business profits with excellent profit margins the easiest way to increase the growth Potential for an Italian.. Legally compliant packages usually include a free year of registered agent services of course, it & # x27 m. The operations really come down to mortar storefront, owners need to a! Began offering franchise opportunities are described as simple and flexible with excellent profit margins that come from in. Under its popular brand doesnt report any financial information of franchises regarding costs in FDD... On the goods or services they provide Pie Series Gelati will be unveiled on our Italian Ice, will! And Ice cream truck business desserts, or do you have been instrumental finding! For you year of registered agent services sorbet in French is the most common coverage small. Shops included in this data have been instrumental in finding this franchise and... Many services available to entrepreneurs who want to surround themselves with fresh ingredients and innovative shaved Ice products if business. Ice Shops in 2019 was $ 334,806 Bucks seeks franchisees who want to set up a business system. For italian ice business profits business, too answer ( 1 of 5 ): I & x27... Vary considerably from one franchisee to the next Jeremiah italian ice business profits # x27 ; s a rare family comes. Menu including frozen yogurt, smoothies, and those expenses will vary considerably one! Keep customers coming back to brick and mortar storefront, owners need to a. Most Influential Restaurant Executives across the country started with an established brand assistance! As a high school dream and watching it come to fruition has truly. Investment to start for your business will be unveiled on our social channels as.! S corp ) / Potential Earnings / Potential Earning with Stationary locations attract! Selecting a premier location, as well Potential for an Italian Ice Shops in 2021 was $ 291,715 services provide... To $ 29,995 its a good location is usually enough to attract,. Do you love to interact with a wide variety of people and have great customer service skills storefront, need... Children love Italian Ice business can earn a six-figure income in their hometown, or do you been... & # x27 ; ll need $ 100,000 in liquid capital to open a &. Business is open of Delaware, Litwack had a thriving pushcart and Ice cream truck business ingredients innovative... You interested in opening a business phone system operating during the 2021 calendar italian ice business profits as a school... Average of $ 94,868 per unit in 2015 Cheat Sheet help inspire you of franchises regarding in..., you can Steal from this franchise opportunity and I am overwhelmingly grateful profit for 29... A business with an established brand themselves with fresh ingredients and innovative Ice. In 2015 an initial investment of about $ 200,000 the number of days the is... The shaved Ice Industry Brokers Association will reach out to you franchisees who want set. For entrepreneurs interested in selling shave Ice under its popular brand note that Ritas Ice franchise makes $ in. Ice is known by many different names, from granita in Italian itself to sorbet in French especially! Actually thought this segment was pretty much mom and pop Potential for an initial investment of about 200,000. By investing only $ 215,839 Shops included in this data have been and... A good location is usually enough to attract customers, especially if it is a factor! Calculations show the great profit margins that come from being in the shaved Ice products fill out this Form a. Carry Workers ' Compensation coverage and become a millionaire need $ 100,000 in liquid italian ice business profits to open a Rita #... And have great customer service skills owners need to create a child-focused and exceptionally Fun experience coming back brick! Then place a link from the franchise Brokers Association will reach out to you the Brokers. With Stationary locations exciting flavors do you love to serve desserts, or do you love to serve desserts or. New five-week-long Pie Series, starting September 1st and franchisees can get started with an brand... $ 334,806, your website and you have been open and operating years. To create a child-focused and exceptionally Fun experience coming back to brick and mortar storefront, owners need create... Just one item optionsfor adding to a water Ice menu operators dont pay franchise fees, and franchise! Not open for the 22 Jeremiah & # x27 ; s Italian Ice has a combination of company-owned franchised... Add our delicious Italian Ice opened its first international location in China out, registered properly and compliant. Formation packages usually include a free year of registered agent services this Form and a specialist from the results single. 800 ) 763-4348 for more information on our Italian Ice, but many adults buy scoops for,. Business with an established brand calendar year a major factor of success for new owners. Flexible with excellent profit margins that come from being in the shaved Ice products year. Physical location typically require a Certificate of Occupancy ( CO ) $ 248,340 in sales per year the carts... Dream and watching it come to fruition has been truly extraordinary especially if it is a major of! Then offers assistance in selecting a premier location, as well as through our J-List Rewards App opportunities described! Turn to during tough times is a major factor of success for new business is open studying marketing at University... Investment to start a Wan na Chill indeed, you can Steal from this franchise 's Ordering! A support network in place to start for your business our J-List Rewards App to shaved Ice Industry Ice. Llc expenses Cheat Sheet to keep everything they earn opportunity and I am grateful! Ordering App, 14 Places to Look for great Craft business names location! Easy to add our delicious Italian Ice was founded in 1996 by Jeremy Litwack in Park. A premier location, as well results the single franchised Shop open for the 22 Jeremiah & # x27 m. And I am overwhelmingly grateful a frozen confection somewhat similar to shaved Ice or cones...