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How Much Does a Ululani’s Hawaiian Shave Ice Franchise Cost?

2026 Franchise Disclosure Document (FDD) Data

A Ululani’s Hawaiian Shave Ice franchise costs between $265,800 and $526,300 in total initial investment, according to the 2026 Franchise Disclosure Document. The initial franchise fee is $38,000.

$265,800

Minimum Investment

$526,300

Maximum Investment

$38,000

Franchise Fee

Ululani’s Hawaiian Shave Ice Franchise Fee

Initial Franchise Fee $38,000

Fee Range $38,000 – $48,000

Item 7 Fee Estimate $48,000

Ululani’s Hawaiian Shave Ice Total Investment Breakdown

Here is the itemized breakdown of costs to open a Ululani’s Hawaiian Shave Ice franchise, as reported in the 2026 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $48,000

Initial Franchise Fee $48,000

Real Estate $63,600 – $275,500

Construction, Remodeling and $60,000 – $250,000

Rent and Security Deposit $3,000 – $20,000

Utility Deposits and Fees $600 – $5,500

Leasehold Improvements $0

Equipment & Assets $97,500 – $134,500

Equipment and Supplies $35,000 – $55,000

Initial Stock of Supplies and Inventory $50,000

Fixtures and Furnishings $5,000 – $15,000

Signage $5,000 – $10,000

Computer Hardware and Software $2,500 – $4,500

Training $5,500 – $7,500

Out-of-Pocket Expenses During Training $5,500 – $7,500

Working Capital & Reserves $5,000 – $10,000

Additional Funds - 3 months $5,000 – $10,000

Other Costs $46,200 – $50,800

Payroll - 3 months $8,166 – $42,000

Initial Advertising $5,000 – $15,000

Professional Fees $3,500 – $5,000

Licenses and Permits $500 – $3,000

Miscellaneous Opening Costs $1,000 – $3,000

Insurance $333 – $2,000

Bank Fees (Automatic Payment Processing) $166 – $800

Total Estimated Investment $265,800 – $526,300

How Does Ululani’s Hawaiian Shave Ice Compare to Other Food & Beverage Franchises?

Ululani’s Hawaiian Shave Ice's minimum investment of $265,800 is below the Food & Beverage industry median. The median minimum investment for Food & Beverage franchises is $316,000.

$265,800

Ululani’s Hawaiian Shave Ice Min

$316,000

Food & Beverage Median Min

$526,300

Ululani’s Hawaiian Shave Ice Max

$696,000

Food & Beverage Median Max

Investment Analysis

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Frequently Asked Questions

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

The total startup cost for a Ululani’s Hawaiian Shave Ice franchise ranges from $265,800 to $526,300, according to the 2026 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Real Estate at $63,600 to $275,500.

How much is the Ululani’s Hawaiian Shave Ice franchise fee?

The Ululani’s Hawaiian Shave Ice franchise fee is $38,000, with a range of $38,000 to $48,000 depending on the agreement, as disclosed in the 2026 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Ululani’s Hawaiian Shave Ice a good investment?

Ululani’s Hawaiian Shave Ice requires a total franchise investment of $265,800 to $526,300 and scores Legal Risk: 100/100, Training: 70/100 in our FDD analysis. See our full Ululani’s Hawaiian Shave Ice franchise review for a detailed assessment of risks, territory, and support.

How much does a Ululani’s Hawaiian Shave Ice franchise owner make?

Ululani’s Hawaiian Shave Ice franchise locations report median gross sales of $216,952 per the 2026 FDD Item 19. See our Ululani’s Hawaiian Shave Ice franchise earnings breakdown for the full financial performance data.