Jeremiah's Italian Ice Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$30,000
Investment required
$103,000 - $696,000
Royalty fee
6% to 10%

Jeremiah's Italian Ice: Revolutionizing Frozen Treats with Flavorful Fun

Jeremiah's Italian Ice is a vibrant and community-focused franchise that began its journey in 1996 in Winter Park, Florida. Founded by Jeremy Litwack, the franchise started with a single location that quickly became a beloved spot for locals, thanks to its unique offerings of Italian ice, soft ice cream, and Gelati—a delightful combination of both. 

Over the years, Jeremiah's Italian Ice has expanded significantly, and in 2019, it began franchising, allowing others to join what they call the "Frog Squad." The franchise's headquarters remain in Florida, where it continues to innovate and expand its menu, which features a variety of refreshing flavors made fresh daily. 

Jeremiah's Italian Ice differentiates itself from the competition through its emphasis on creating a lively, community-centered atmosphere at each location, along with its signature product, the Gelati, which offers endless flavor combinations. 

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Jeremiah's Italian Ice offers 2 types of franchises:

Type of Shop Initial Investment
Jeremiah's Italian Ice Non-Traditional Shop $102,800 to $253,783
Jeremiah's Italian Ice Traditional Shop $325,567 to $696,000

We are summarizing below the main costs associated with opening a Jeremiah's Italian Ice Traditional Shop franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Jeremiah's Italian Ice Traditional Shop

Type of Expenditure Amount
Initial franchise fee $24,000 - $30,000
Development Services Fee $5,000 - $5,000
Lease/Rent $6,667 - $37,900
Construction (includes permits) $72,000 - $280,000
Equipment $128,000 - $150,000
POS System $8,000 - $16,500
Signage $9,500 - $25,000
Opening Advertising $15,000 - $15,000
Inventory and Start-up Supplies $10,000 - $17,800
Insurance $10,000 - $12,000
Training Expenses $2,000 - $4,000
Business Licenses $250 - $6,000
Architect and Professional Fees $10,000 - $20,000
Additional Funds (6 Months) $25,000 - $70,000
Security & Utility Deposits $150 - $1,800
Total $325,567 - $696,000

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Number of units

2023
Franchised units

11

41

78

Company-owned units

22

19

19

Total units

33

60

97

Franchise Disclosure Document

Training 

Jeremiah's Italian Ice provides comprehensive training to its franchisees to ensure they are well-equipped to operate their locations successfully. 

  1. Hands-On Training: Franchisees receive hands-on training focused on the daily operations of a Jeremiah's Italian Ice location. This includes learning how to prepare and serve the brand's signature Italian Ice, Gelati, and soft ice cream, ensuring consistency and quality across all locations.
  2. Classroom Training: This portion of the training covers essential business aspects, such as inventory management, point-of-sale systems, and customer service techniques. Franchisees are taught how to maintain the brand’s vibrant and community-focused atmosphere, which is key to Jeremiah’s customer experience.
  3. Marketing and Operations: The training also includes detailed guidance on local marketing strategies and operational best practices. This ensures that franchisees can effectively promote their business within their communities and manage their locations efficiently, maintaining the high standards set by Jeremiah's Italian Ic

Territory Protection

Jeremiah's Italian Ice offers territory protection to its franchisees, ensuring that each franchise location has a designated area where no other Jeremiah's franchises can operate. 

This protected territory is based on factors such as population density and market potential, allowing franchisees to develop their business without direct competition from other Jeremiah's locations within their region. 

This protection helps franchisees build a loyal customer base and ensures that they have the market space needed to grow their business successfully.

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