Rank no.112 – Kona Ice – US
Rank no.112 – Kona Ice – US
Products & Services: Shaved-ice truck
Number of Locations: 423
Total Investment: $104.59K – 120K
Founded: 2007
Began Franchising: 2008
About Kona Ice
Kona Ice franchisees bring their trucks to events to serve up shaved ice that customers can flavor themselves. Franchisees also partner with schools, teams, youth groups and other community groups for fundraising events. Shaved ice carts, kiosks and trailer are also available.
Franchise Units
| YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
| 2013 | 408 | 0 | 1 | 14 |
| 2012 | 279 | 0 | 0 | 11 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $104,600 – $120,000
Franchise Fee: $15,000
Ongoing Royalty Fee: $3K-4K/yr.
Term of Franchise Agreement: Term of agreement not renewable
Franchise Fee: $15,000
Ongoing Royalty Fee: $3K-4K/yr.
Term of Franchise Agreement: Term of agreement not renewable
FINANCIAL REQUIREMENTS
Liquid Cash Available: $20,000 – $40,000
OPERATIONS
Franchise can be run from home. Absentee ownership of franchise is NOT allowed..
| FINANCING TYPE | IN-HOUSE | THIRD PARTY |
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Franchise Ranking History
Franchise 500®: #112 (2013),
Fastest-Growing: #27 (2013),
Top New: #1 (2013),
Top Home-Based: #21 (2013),