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How Much Does a Milkshake Factory Franchise Cost?

2025 Franchise Disclosure Document (FDD) Data

A Milkshake Factory franchise costs between $510,492 and $772,548 in total initial investment, according to the 2025 Franchise Disclosure Document. The initial franchise fee is $60,000.

$510,492

Minimum Investment

$772,548

Maximum Investment

$60,000

Franchise Fee

Milkshake Factory Franchise Fee

Initial Franchise Fee $60,000

Fee Range $55,000 – $60,000

Item 7 Fee Estimate $60,000

Milkshake Factory Total Investment Breakdown

Here is the itemized breakdown of costs to open a Milkshake Factory franchise, as reported in the 2025 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $60,000

Initial Franchise Fee $60,000

Real Estate $200,620 – $376,864

Leasehold Improvements $155,620 – $324,364

Architectural and Design Services $21,500 – $24,000

Real Estate and Construction Management Services $20,000

Lease - Security Deposit $3,500 – $8,500

Equipment & Assets $205,721 – $252,575

Furniture, Fixtures and Equipment ('FFE') $163,328 – $182,997

Initial Inventory (pre-opening) $14,976 – $22,604

Computer System and IT Equipment (and any initial Required Software fees) $14,000 – $20,530

Interior Signage $8,500 – $15,500

Signage (exterior) $4,917 – $10,944

Training $14,845 – $17,720

Training - Costs and Expenses $6,345 – $9,220

Initial Training Fee $8,500

Working Capital & Reserves $15,000 – $40,000

Additional Funds - 3 Months $15,000 – $40,000

Other Costs $14,306 – $25,389

Opening Marketing Spend $11,913 – $16,500

Business Permits and Licensing $635 – $4,499

Professional Fees $1,258 – $2,890

Insurance - Deposit and 3 Months of Premiums $500 – $1,500

Total Estimated Investment $510,492 – $772,548

How Does Milkshake Factory Compare to Other Food & Beverage Franchises?

Milkshake Factory's minimum investment of $510,492 is above the Food & Beverage industry median. The median minimum investment for Food & Beverage franchises is $315,233.

$510,492

Milkshake Factory Min

$315,233

Food & Beverage Median Min

$772,548

Milkshake Factory Max

$693,450

Food & Beverage Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Milkshake Factory?

The total startup cost for a Milkshake Factory franchise ranges from $510,492 to $772,548, according to the 2025 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Real Estate at $200,620 to $376,864.

How much is the Milkshake Factory franchise fee?

The Milkshake Factory franchise fee is $60,000, with a range of $55,000 to $60,000 depending on the agreement, as disclosed in the 2025 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Milkshake Factory a good investment?

Milkshake Factory requires a total franchise investment of $510,492 to $772,548 and scores Legal Risk: 100/100, Training: 70/100 in our FDD analysis. See our full Milkshake Factory franchise review for a detailed assessment of risks, territory, and support.

How much does a Milkshake Factory franchise owner make?

Milkshake Factory's 2025 FDD appears to include Item 19 financial performance information, but ZeeReport is not showing a sales or revenue number for this report.

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All product and company names mentioned are trademarks™ or registered® trademarks of their respective holders. Use of these names does not imply any affiliation with, sponsorship by, or endorsement by them. Data sourced from publicly available Franchise Disclosure Documents (FDDs).

ZeeReport does not audit the information it receives and does not independently verify the information in every instance.

Prospective franchisees should consult the original Franchise Disclosure Document before making any investment decision.

Data is extracted via automated AI tools. Inaccuracies or omissions are possible due to the nature of the technology.

This report is for informational purposes only and does not constitute legal, tax, financial, investment, or other professional advice.

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