How much to open a jeremiahs italian ice

With various gelato, ice cream, and Italian ice, Jeremiah’s Italian Ice believes it is a demonstrated expert of frozen treats working to conquer the southern United States. Jeremiah’s Italian Ice is known for its gelati which combines Italian ice and smooth ice cream in rich layers.

Founded in 1996, Jeremiah’s Italian Ice started its journey thanks to founder Jeremy Litwack and his college studies in marketing coupled with his high school job as an ice cream vendor. Litwack sold his first franchise in 2019, and with over 25 franchises in many states, your Jeremiah's Italian Ice franchise could be next.

Why You May Want To Start a Jeremiah’s Italian Ice Franchise

Jeremiah’s Italian Ice is looking for a franchisee dedicated to outstanding service, authenticity, and above all, being cool. The ideal candidate is resourceful, timely, strategic, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Jeremiah’s Italian Ice may be easier than ever. The potential responsibilities of a franchisee include engaging with customers and clients, developing marketing strategies, and overseeing day-to-day operations.

Jeremiah’s Italian Ice is designed to operate out of anything ranging from small facilities to full-blown, indoor sit-down locations. Their menu strategy allows for a simple and streamlined system that provides over forty flavors for a memorable and flavorful experience.

Jeremiah’s Italian Ice has been ranked in Entrepreneur’s Top New Franchises list. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make a Jeremiah’s Italian Ice a Good Choice?

Opening a Jeremiah’s Italian Ice franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry. 

To be part of the Jeremiah’s Italian Ice team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

Jeremiah’s Italian Ice has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll.

How To Open a Jeremiah’s Italian Ice Franchise

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Ensure that you take time to explore the opportunity. Research the brand and your local area to see if a Jeremiah’s Italian Ice franchise would do well in your community. You may want to speak to existing franchisees and ask the team any questions.

Jeremiah’s Italian Ice provides franchisees with a tenured team of experts in business that have been in the game for years. Training includes multiple days at a certified training store and a partnership with Pivotal Growth Partners, who have led other brands to award-winning growth.


Type of Business
The franchisee will operate a “Jeremiah’s Italian Ice” business providing a distinctive menu featuring a variety of Italian Ice, gelati, and soft ice cream, related approved merchandise, and other related products and approved merchandise, as well as other limited time offerings.


Corporate Information
JII Franchise Group, LLC is a Florida limited liability company that was organized on February 23, 2019. They maintain their principal place of business at 1011 E. Colonial Drive, Suite 201, Orlando, Florida 32803. They began offering Jeremiah’s Italian Ice Shop franchises in 2019.


Investment
If you sign a franchise agreement, then your total initial investment necessary to begin operation of a Jeremiah’s Italian Ice Shop will range from $245,310 to $513,328 for a traditional shop and from $107,905 to $207,090 for a kiosk. This includes $20,300 to $48,650 that must be paid to the franchisor or one of their affiliates. The franchisor offers active duty service members and qualified U.S. military veterans a 20% discount from initial franchise fees.
If you sign an area development agreement, your estimated initial investment under that agreement will  vary depending on how many Jeremiah’s Italian Ice Shops you agree to develop. This includes a development fee that you must pay to the franchisor in the amount of $35,000 for the first Jeremiah’s Italian Ice Shop to be developed plus a discounted fee of $25,000 for the second and $15,000 for each additional Jeremiah’s Italian Ice Shop to be developed. For a three-Shop Development Agreement, the franchisor estimates that your total initial investment will range from $691,430 to $1,497,484. This includes $70,300 to $99,650 that must be paid to the franchisor or one of their affiliates.


How much to open a jeremiahs italian ice

View the 2020 Jeremiah’s Italian Ice FDD

How much does a jeremiahs franchise make?

The median gross profit for the 22 Jeremiah's Italian Ice Shops in 2019 was $291,715. This figure does not account for additional costs that franchisees incur, such as ongoing royalties and marketing fees (added in, the average gross profit would be 43.2%).

Is selling Italian ice profitable?

How much profit can an italian ice business make? A small scoop of water ice in a cup with a spoon costs around 35 cents to make and will sell well for two dollars. That is almost 600% profit! Italian ice has a long shelf-life if frozen, and it is rare to lose money through spoilage.

Where did Jeremiah's Italian Ice start?

Jeremiah's Italian Ice started as an idea in the mind of owner Jeremy Litwack when he was a high school student selling Italian Ice in front of the Philadelphia Mint. The idea grew while Jeremy studied marketing at the University of Delaware, blossoming into a thriving pushcart and ice cream truck enterprise.

Does Jeremiah Italian ice have dairy?

Jeremiah's gluten and dairy free offerings are Italian ices and gelati (not dairy free). They specifically suggest steering clear of the cookies & cream and cake batter flavors which do contain gluten.