Ululani’s Hawaiian Shave Ice logo

Ululani’s Hawaiian Shave Ice®

Food & Beverage Year: 2026
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What Is Ululani’s Hawaiian Shave Ice?

Ululani’s Hawaiian Shave Ice is a franchise concept focused on offering high-quality shave ice and related products and services. The business is seasonal, with sales typically peaking during warmer months, though seasonality may be reduced for shops located in closed environments such as indoor shopping malls.

Ululani’s Hawaiian Shave Ice Franchise: Pros and Cons

A major strength is the franchisor's unusually clean record—zero disclosed lawsuits, zero government penalties and zero enforcement actions—which reduces the chance you'll inherit legal or compliance baggage; however, the initial franchise fee low range is $38,000 (top 10% for Food & Beverage) and there are 36 signed-but-not-open outlets, suggesting openings may be delayed relative to sales.

Pros

Zero disclosed lawsuits, zero government penalties and zero franchisor enforcement actions — a far cleaner legal and enforcement record than most Food & Beverage systems, which reduces the chance you'll inherit compliance or litigation baggage.
The initial franchise fee is refundable (yes) — uncommon in this sector (only ~14% offer refundability), giving you a safety net if an opening doesn't proceed and protecting some of your upfront cash.
On-site support is provided with no additional charge — uncommon (about 87% of Food & Beverage brands bill extra), which lowers your launch and operating costs by removing a common surprise expense.

Cons

The initial franchise fee low range is $38,000, placing it in the top 10% for Food & Beverage — this raises the upfront cash you must commit compared with typical peers.
There are 36 signed-but-not-open outlets, well above typical for all systems (top 10%) — this may indicate the franchisor is selling agreements faster than it can support openings or that site approvals and build-outs are delayed.

Territory Protection

48/100
NORMAL

Grants a protected operating area where the franchisor will not place other physical units, providing site-specific rights. The franchisor retains rights to sell via e-commerce and alternative distribution channels, to develop nearby units, and to acquire or convert franchise locations, making protection contingent on performance quotas and market-density.

Training & Support

70/100
NORMAL

The brand provides a robust 90-hour training curriculum designed to prepare three managerial staff members for launch. The program includes on-site launch support for operational readiness, provided without an additional franchisor fee; franchisees are responsible for travel and lodging expenses.

Unit Growth Analysis

Unit Growth Chart

This franchise was flat at 2 units from 2022 to 2023 (0% growth), increased modestly to 3 units by 2025 (+50% vs 2023), then jumped to 10 units in 2026 — an absolute gain of 7 units and a 233.3% year‑over‑year increase. The trajectory is sharply accelerating, suggesting recent successful franchise sales or scaling execution and improving growth momentum. However, the surge is from a very small base (3 → 10), so investors should seek evidence that this jump is sustainable (pipeline, capital, and replicable unit economics) rather than a one‑time spike.

How Much Does It Cost to Open an Ululani’s Hawaiian Shave Ice Franchise?

Opening an Ululani’s Hawaiian Shave Ice franchise requires a total initial investment of $265,800 to $526,300, according to the 2026 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

$265,800
Minimum Investment Breakdown
Franchise Fee
Real Estate
Equipment & Assets
Reserves
Training
Other

Maximum Investment

$526,300
Maximum Investment Breakdown

Minimum Investment Breakdown

Franchise Fee$48,000
Real Estate$63,600
Equipment & Assets$97,500
Reserves$5,000
Training$5,500
Other$46,200

Maximum Investment Breakdown

Franchise Fee$48,000
Real Estate$275,500
Equipment & Assets$134,500
Reserves$10,000
Training$7,500
Other$50,800

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 Ululani’s Hawaiian Shave Ice Franchise Owners Make?

Ululani’s Hawaiian Shave Ice franchise locations reported average gross sales of $351,645 and median gross sales of $216,952 in 2026, based on financial performance data disclosed in Item 19 of the Franchise Disclosure Document.

Average Gross Sales:
$351,645
Median Gross Sales:
$216,952
High Gross Sales:
$970,191
Low Gross Sales:
$131,415
Sample Size:
6
Percent Attaining Average:
33.333333333333336%
Franchise vs Corporate Performance: Franchised locations in 2023 averaged 351,645 in gross sales across six outlets, while the affiliate (company) locations shown elsewhere in the Item 19 include several higher top-end results (including outlets exceeding 1,000,000), indicating affiliates have achieved higher peak sales in this dataset.
Performance Variability Analysis: There is substantial variability among franchised outlets (range 131,415 to 970,191) and the mean exceeds the median, indicating a right-skewed distribution driven by a few high-performing locations.
Data Scope and Limitations: The sample is small (six franchised locations), includes partial-year and disaster-affected results noted by asterisks, and the disclosed income/expense tables are absent and unaudited, limiting comparability and reliability for projecting future performance.

Frequently Asked Questions

How much does it cost to open an Ululani’s Hawaiian Shave Ice franchise?

The total initial investment for an Ululani’s Hawaiian Shave Ice franchise ranges from $265,800 to $526,300, according to the 2026 Franchise Disclosure Document. This includes the franchise fee, real estate, equipment, training, and working capital.

What is the Ululani’s Hawaiian Shave Ice initial franchise fee?

The initial franchise fee for Ululani’s Hawaiian Shave Ice is $38,000, as stated in the 2026 FDD. This fee is paid upon signing the Franchise Agreement.

How much do Ululani’s Hawaiian Shave Ice franchise owners make?

Ululani’s Hawaiian Shave Ice franchise locations reported average gross sales of $351,645 and median gross sales of $216,952 in 2026, based on Item 19 of the Franchise Disclosure Document. Actual earnings vary by location, market, and operator experience.

Does Ululani’s Hawaiian Shave Ice have any franchise lawsuits or legal issues?

Ululani’s Hawaiian Shave Ice received a legal risk score of 100 out of 100 in the 2026 FDD analysis. The franchise reported no material legal proceedings.

Does Ululani’s Hawaiian Shave Ice offer exclusive franchise territories?

Ululani’s Hawaiian Shave Ice received a territory protection score of 48 out of 100. Grants a protected operating area where the franchisor will not place other physical units, providing site-specific rights.

What training does Ululani’s Hawaiian Shave Ice provide to new franchisees?

Ululani’s Hawaiian Shave Ice received a training and support score of 70 out of 100. The brand provides a robust 90-hour training curriculum designed to prepare three managerial staff members for launch.

How many Ululani’s Hawaiian Shave Ice franchise locations are there?

Ululani’s Hawaiian Shave Ice had 10 total locations as of the 2026 Franchise Disclosure Document.

What type of business is Ululani’s Hawaiian Shave Ice?

Ululani’s Hawaiian Shave Ice is a franchise concept focused on offering high-quality shave ice and related products and services.

Interested in Ululani’s Hawaiian Shave Ice?

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