7/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
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 (a “Jeremiah’s Italian Ice Shop”).
Company Background
Jeremiah's Italian Ice is a franchise opportunity that will provide you with the tools and resources to open your own business. Menu items include: gelato, soft serve ice cream, and Italian Ice (a distinctive menu featuring a variety of products).
Franchise Opportunity
Owning and operating a food business can be incredibly challenging. You need to have a great product, an understanding of the industry, and the ability to manage a team. Running a food business is hard work. You need to have a great product, an understanding of the industry, and the ability to manage a team. But that's just the beginning. Jeremiah's Italian Ice offers all of that and more. With over 25 years of experience in the food industry, we know what it takes to make your business succeed. We provide our franchisees with everything they need to get started, from training to marketing materials. So you can focus on what you're good at - making delicious Italian ice!
Corporate Structure
The franchisor is “JII Franchise Group, LLC” (referred to in this disclosure document as "us,” “our,” or “we”). We are a Florida limited liability company that was organized on February 23, 2019. We maintain our principal place of business at 1011 E. Colonial Drive, Suite 201, Orlando, Florida 32803 (tel: 407.622.1868). We do not maintain other sales offices. We conduct business only under the name and mark “Jeremiah’s Italian Ice”. We do not engage in business activities other than franchising Jeremiah’s Italian Ice Shops. We began offering Jeremiah’s Italian Ice Shop franchises in 2019 when we issued this disclosure document. We have never offered franchises in any other lines of business. Our agents for service of process are disclosed in Exhibit D to this disclosure document.

Earnings Transparency

10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "In-Line or Stand-Alone" Units

Average Revenue Per Unit

Compared vs. Frozen Desserts Industry

$671,201 / unit

Franchise Type: In-Line or Stand-Alone

Average Revenue During 2021

$671,201
$6,891
Industry Low
$671,201
Industry High

Financial Performance of "Non-Traditional" Units

Average Revenue Per Unit

Compared vs. Frozen Desserts Industry

$318,678 / unit

Franchise Type: Non-Traditional

Average Revenue During 2021

$318,678
$6,891
Industry Low
$671,201
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Jeremiah's Italian Ice Franchise System Development in 2021

FAQ

How much investment do I need to start my own Jeremiah's Italian Ice business?
Franchisees typically require at least $324 to $659 investment to get their Jeremiah's Italian Ice business started
What are the initial franchise fees for Jeremiah's Italian Ice?
Franchisees typically need to pay at least $30 in fees directly to Jeremiah's Italian Ice in order to earn the right to launch their business
How much money can I make with a Jeremiah's Italian Ice franchise? What are the average revenues for a typical Jeremiah's Italian Ice business?
We estimate that the average revenue of an individual Jeremiah's Italian Ice unit is approximately $671,201. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Jeremiah's Italian Ice unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

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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