Jeremiah’s Italian Ice^®

Food & Beverage • Year: 2024

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What Is Jeremiah’s Italian Ice?

Jeremiah’s Italian Ice is a frozen-dessert franchise centered on a menu featuring Italian ice, gelati, soft ice cream and related approved merchandise. Revenue is generated through the sale of those Products and approved merchandise. Shops operate from indoor retail structures of approximately 800 to 1,400 square feet and are typically located in strip shopping centers or stand-alone units.

Jeremiah’s Italian Ice Franchise: Pros and Cons

The franchisor provides 224 total initial training hours (top 10%) and a low $15,000 initial franchise fee, giving operators strong preparation and lower entry costs, but carries a major risk with 92 signed-but-not-open outlets (top 5%), suggesting buildout or support bottlenecks.

Pros

224 total initial training hours (top 10% overall) — the franchisor invests heavily in operator training, meaning you and your team will be thoroughly prepared before opening.

$15,000 initial franchise fee (bottom 10% for Food & Beverage) — the entry cost is well below what's common in this sector, leaving you with more cash on hand for build-out and early operating needs.

Zero disclosed lawsuits, zero franchisee-initiated judgments/settlements, and zero government penalties (all well below typical for Food & Beverage) — a clean legal and regulatory record that reduces litigation risk and administrative distraction.

Cons

92 signed-but-not-open outlets (top 5% for Food & Beverage) — an unusually large pipeline of agreements not yet opened, which can indicate the franchisor is selling faster than it can support openings or is facing site/buildout delays.

$50,000 minimum Item 7 reserves (top quarter for Food & Beverage) — a relatively high reserve requirement that ties up cash and suggests ongoing monthly operating costs are higher than industry peers.

Managers must hold equity (5% required; manager equity is uncommon in this sector) — this uncommon ownership requirement can complicate hiring and compensation structures for on-site leadership.

Lawsuits & Legal Risk

100

Excellent

The franchise reported no material legal proceedings.

Territory Protection

48/100

NORMAL

Grants a protected operating area excluding placement of other franchised units. The franchisor retains rights to sell via e-commerce and alternative channels, use different trademarks and venues, develop or acquire nearby units affecting market density without a right of first refusal, and condition protection on performance while allowing franchisee relocation.

Training & Support

100

Excellent

The brand provides an extensive 224-hour training curriculum designed to prepare four staff members for launch through comprehensive training. The program includes on-site launch assistance for operational readiness; franchisees are responsible for travel and lodging expenses, and on-site support does not incur additional fees.

How Much Does It Cost to Open a Jeremiah’s Italian Ice Franchise?

Opening a Jeremiah’s Italian Ice franchise requires a total initial investment of $350,567 to $721,000, according to the 2024 Franchise Disclosure Document. This range covers the franchise fee, real estate, equipment, training, and initial working capital needed to launch and operate through the early months.

Minimum Investment

$350,567

Franchise Fee

Real Estate

Equipment & Assets

Reserves

Training

Other

Maximum Investment

$721,000

Minimum Investment Breakdown

Franchise Fee$24,000

Real Estate$88,817

Equipment & Assets$155,500

Reserves$50,000

Training$2,000

Other$30,250

Maximum Investment Breakdown

Franchise Fee$30,000

Real Estate$339,700

Equipment & Assets$209,300

Reserves$100,000

Training$4,000

Other$38,000

Investment Analysis

This investment analysis is coming soon. Have ideas for other analyses you'd like us to add? Get in touch.

The initial investment amounts shown are estimates only. Actual costs may vary based on location size, business model, and multi-unit ownership arrangements. We recommend reviewing the full Franchise Disclosure Document for complete details.

How Much Do Jeremiah’s Italian Ice Franchise Owners Make?

Jeremiah’s Italian Ice franchise locations reported average gross sales of $530,319 and median gross sales of $515,576 in 2024, based on financial performance data disclosed in Item 19 of the Franchise Disclosure Document.

Average Gross Sales:

$530,319

Median Gross Sales:

$515,576

High Gross Sales:

$1,210,436

Low Gross Sales:

$154,608

Sample Size:

Percent Attaining Average:

45.0%

Franchise vs Corporate Performance: The disclosed results combine 19 company/affiliate-owned shops and 75 franchised in-line/stand-alone shops (plus 3 non-traditional shops), so performance is reported in aggregate but the franchisor does provide unit counts to clarify the sample composition.

Performance Variability Analysis: In 2023 the top inline/stand-alone shop had $1,210,436 in Net Sales versus a low of $154,608, and 45% of shops were above the average, indicating a group of higher‑earning locations lifts the average above the median.

Data Scope and Limitations: The 2023 figures represent 97 shops that were open for the full calendar year with additional partial‑year shops explicitly excluded, and the Item 19 disclosures are stated as unaudited.

Frequently Asked Questions

How much does it cost to open a Jeremiah’s Italian Ice franchise?

The total initial investment for a Jeremiah’s Italian Ice franchise ranges from $350,567 to $721,000, according to the 2024 Franchise Disclosure Document. This includes the franchise fee, real estate, equipment, training, and working capital.

What is the Jeremiah’s Italian Ice initial franchise fee?

The initial franchise fee for Jeremiah’s Italian Ice is $15,000, as stated in the 2024 FDD. This fee is paid upon signing the Franchise Agreement.

How much do Jeremiah’s Italian Ice franchise owners make?

Jeremiah’s Italian Ice franchise locations reported average gross sales of $530,319 and median gross sales of $515,576 in 2024, based on Item 19 of the Franchise Disclosure Document. Actual earnings vary by location, market, and operator experience.

Does Jeremiah’s Italian Ice have any franchise lawsuits or legal issues?

Jeremiah’s Italian Ice received a legal risk score of 100 out of 100 in the 2024 FDD analysis. The franchise reported no material legal proceedings.

Does Jeremiah’s Italian Ice offer exclusive franchise territories?

Jeremiah’s Italian Ice received a territory protection score of 48 out of 100. Grants a protected operating area excluding placement of other franchised units.

What training does Jeremiah’s Italian Ice provide to new franchisees?

Jeremiah’s Italian Ice received a training and support score of 100 out of 100. The brand provides an extensive 224-hour training curriculum designed to prepare four staff members for launch through comprehensive training.

How many Jeremiah’s Italian Ice franchise locations are there?

Jeremiah’s Italian Ice had 136 total locations as of the 2024 Franchise Disclosure Document.

What type of business is Jeremiah’s Italian Ice?

Jeremiah’s Italian Ice is a frozen-dessert franchise centered on a menu featuring Italian ice, gelati, soft ice cream and related approved merchandise.

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