Frequent question: Is Kona Ice a good franchise?

Ranked the #1 New Franchise by Entrepreneur Magazine in 2013 and Highest in Franchisee Satisfaction from 2014-2019 by Franchise Business Review, Kona Ice’s reputation is proclaimed as being one of the most innovative brands and “be your own boss” businesses around.

How much does a Kona Ice franchise make?

Average Sales / Revenue per Year

On average, Kona Ice franchises draw in $94,868 annually. This, of course, will vary based on your business expertise and commitment to marketing your brand. It must also be considered that your sales will vary based on the season.

How much profit does a Kona Ice truck make?

On average, Kona Ice units will generate an average of $94,868 per unit in 2015. Of course with Kona Ice, it is not uncommon for frachisee’s to own multiple vehicles, which increases the average annual income.

How much does a Kona franchise cost?

What are the franchise and royalty fees? Our franchise fee is $15,000. This is included in the price of the franchise. Royalty fees are as follows: $3,000 per year for the first five years; $3,500 per year for years six and seven; and $4,000 per year for years eight and up.

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What is the net worth of Kona Ice?

As of 2017, the company’s corporate headquarters, which employs 40 full-time, pulled in $25 million in revenue. Kona estimates systemwide sales at roughly $165 million based on cup inventory.

Is selling shaved ice profitable?

by Dustin K. “How much money can I make with a Shaved Ice business”? … Sales for a typical shaved ice or snow cone business will average around $100 to $2,000 a day but it all hinges on a number of factors including location, competition, length of your season and business history.

How much is it to rent a Kona truck?

Kona Ice prices are about $3 to $5 depending on the cup size and location. Since Kona Ice usually doesn’t have a static address of the business, you will have to look on their website to find the truck closest to you.

Kona Ice Prices (Updated: January 2022)

Food Size Price
Birthday Package
Birthday Package 24 Cups $110.00
Each Cup Over 24 1 Cup $2.50

How many Kona Ice franchises are there?

This website will provide all the details you could possibly need to hopefully leave you so impressed that there’s nothing else to do but join our 1200+ franchises across the United States as they hit the road daily. This is an opportunity to own your own business and make a difference in your community.

Is Kona Ice a chain?

Kona Ice is a mobile shaved ice company,. The company was founded by Tony Lamb in 2007. Lamb is Kona Ice’s CEO. It was named one of the fastest growing franchises in the United States.

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How much does it cost to open a Bahama Bucks?

The total estimated investment ranges from $163,442 for a kiosk and $463,884 for a large store. An additional 6% of gross sales goes toward royalties, while 2% goes toward adveristing efforts. The average income of a Bahama Buck’s franchise is $245,306, with the top 25% of stores earning $357,611.

How much does Baskin Robbins franchise cost?

The initial franchise fee for opening a Baskin-Robbins is $25,000 per location. It is good for a 20-year term.

Does Kona Ice charge tax?

Kona Ice is an American-based shaved ice truck franchise that was founded by Tony Lamb in 2007. The first truck of Kona Ice started to run in Florence, Kentucky.

Kona Ice Franchise Cost.

Name of Fee Cost
Tax, Title, and Licensing of Truck From $2,000 to $6,000
Initial Inventory $5,500
Optional Inventory From $0 to $500

How many flavors does Kona Ice have?

Over the years, we’ve created six different flavor bases, each with their own unique benefits. And we currently have over 40 proprietary flavors with at least 20 more in production. Our commitment to serving a delicious product is just as strong as our commitment to serve something healthier.

Who is the owner of Kona Ice?

Tony Lamb, CEO of Kona Ice, talks about how the coronavirus pandemic led the company to turn to ice cream trucks.

Is Kona Ice in Canada?

From our Kona Ice family to your family – Happy Thanksgiving. Today, and every day we’re thankful for your continued support at each of our Kona Ice locations across Canada!

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Where did Kona Ice start?

Kona Ice was started in Northern Kentucky in 2007. Our boss thought, “Hey, people don’t sell shaved ice off of trucks. Also, ice cream trucks are creepy. What if we sold shaved ice off of a truck that was super fun and inviting?” And thus, Kona Ice was born.