4/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
As a franchisee, you will operate either a seasonal mobile kiosk business serving shave ice and other frozen desserts or an inline store front business offering smoothies, shave ice, scoop ice cream and other frozen desserts.
Company Background
Hokulia is a franchisor of family-owned and operated shave ice stores. Founded in 1992, Hokulia has developed over 50 franchisees on the Hawaiian Islands. We are committed to helping our business owners thrive by providing them with personalized training and ongoing support from experts who have been there themselves. With decades of experience, we know what it takes to succeed as an entrepreneur --and we want you to be part of our success story!
Franchise Opportunity
Owning your own business is the American dream, but it's hard to know where to start or what the best option for you is. There are so many different types of businesses out there, and it can be hard to decide which one is right for you. Do you want a seasonal business or a year-round one? A drive-thru or an inline store? Hokulia offers three great options for owning your own frozen dessert business. With our mobile kiosk, you can operate your business seasonally; with our year-round drive-thru, you can have a permanent location; and with our inline store front, you can offer smoothies, shave ice and more!
Corporate Structure
HokuliaFranchising, inc. was incorporated on August 9, 2012 in the State of Utah under the name Hokulia Franchising, Inc. Their principal place of business is 872 W. Heritage Fark Boulevard, Layton,Utah 84041.
Investment and Franchisee Fees
The total investment necessary to begin operation of a seasonal mobile kiosk Hokulia® franchise is between $67,100 – $117,000 (not including rent). This includes the $17,000 – $38,500 that must be paid to the franchisor or affiliate. Under this offering, you are permitted to purchase either a single unit or multiple units pursuant to an area developer agreement. The total investment above includes the initial franchise fee of 15,000 for one unit, $28,000 for two units, $35,000 for three units, but only the initial inventory package and grand opening fee for the first unit to be developed of $2,000 – $3,500.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Hokulia Shave Ice Franchisees

Hokulia Shave Ice Franchise System Development in 2017

FAQ

How much investment do I need to start my own Hokulia Shave Ice business?
Franchisees typically require at least $209 to $786 investment to get their Hokulia Shave Ice business started
What are the initial franchise fees for Hokulia Shave Ice?
Franchisees typically need to pay at least $17 in fees directly to Hokulia Shave Ice in order to earn the right to launch their business
How much money can I make with a Hokulia Shave Ice franchise? What are the average revenues for a typical Hokulia Shave Ice business?
We haven’t done the math on how much revenue a typical Hokulia Shave Ice brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Hokulia Shave Ice to generate a similar amount
How long do I need to commit to running a Hokulia Shave Ice unit? What is my contractual commitment?
Hokulia Shave Ice franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $324,567 to $659,500 which is Much Higher than the $0 to $0 average in the Frozen Desserts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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