Ululani’s Hawaiian Shave Ice^®

Food & Beverage • Year: 2026

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.

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

The franchise’s biggest strength is a spotless legal record - zero disclosed lawsuits, zero government penalties, zero franchisor enforcement actions and no fraud allegations - which lowers litigation and regulatory risk; its biggest downside is a high upfront cost, with an initial franchise fee low range of $38,000 (top 10% in food & beverage), increasing cash needed to start.

Pros

Zero disclosed lawsuits, zero government penalties, zero franchisor-initiated enforcement actions, and zero cases alleging fraud - a clean legal and compliance record that reduces litigation and regulatory risk compared with most food & beverage franchisors.

Cons

The initial franchise fee low range is $38,000, placing it in the top 10% for food & beverage - this increases your upfront cash requirement versus most peers.

There are 36 signed-but-not-open outlets (top 10%) - an unusually large pipeline that may indicate the franchisor is selling agreements faster than it can support openings or that there are delays in site approvals and buildouts.

Lawsuits & Legal Risk

100

Excellent

Ululani’s Hawaiian Shave Ice reported no material legal proceedings,

Territory Protection

43/100

NORMAL

Ululani’s Hawaiian Shave Ice grants a protected, non-exclusive radius-based Franchise Territory sized by market density, which precludes other Ululani’s outlets while the agreement is in force. Territory rights are subject to performance contingencies; the franchisor retains e-commerce/alternative-distribution rights and may develop nearby units without offering a right of first refusal.

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

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

Franchise Fee

Real Estate

Equipment & Assets

Reserves

Training

Other

Maximum Investment

$526,300

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:

Percent Attaining Average:

33.3%

Audit Status:

Unaudited

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

Is Ululani’s Hawaiian Shave Ice a good franchise to own?

Whether Ululani’s Hawaiian Shave Ice is a good franchise depends on your goals, experience, and local market. Key factors from the 2026 FDD: Ululani’s Hawaiian Shave Ice operates 10 locations, received a legal risk score of 100/100, a training and support score of 70/100. Financial performance data is disclosed in Item 19. Prospective franchisees should review the full Franchise Disclosure Document and consult with a franchise attorney before making any investment decision.

Is an Ululani’s Hawaiian Shave Ice franchise worth the investment?

The value of an Ululani’s Hawaiian Shave Ice franchise investment depends on factors such as location, operator experience, and market demand. The initial investment ranges from $265,800 to $526,300. Ululani’s Hawaiian Shave Ice disclosed average gross sales of $351,645 in 2026. Franchise investments carry inherent risk, and prospective buyers should conduct thorough due diligence before committing capital.

How long does it take to break even with an Ululani’s Hawaiian Shave Ice franchise?

Break-even timelines for Ululani’s Hawaiian Shave Ice franchises are not disclosed in the 2026 Franchise Disclosure Document. Break-even periods vary significantly based on initial investment level, local market conditions, operating costs, and revenue ramp-up speed. Prospective franchisees should build a pro forma financial model using Item 7 cost estimates and, where available, Item 19 financial performance data from the FDD.

Is Ululani’s Hawaiian Shave Ice a franchise or a corporate-owned business?

As of the 2026 FDD, Ululani’s Hawaiian Shave Ice operates 6 franchised locations and 4 company-owned locations. Franchise opportunities are available through the franchisor's disclosure process.

Interested in Ululani’s Hawaiian Shave Ice?

Get more information and connect with the franchise directly.