Mister Softee Franchise FDD, Profits & Costs (2025)

Mister Softee, founded in 1956 by brothers William and James Conway in Philadelphia, quickly became a leader in the soft serve ice cream industry. The brand started franchising the same year and now has a strong presence in 18 states.

Headquartered in Runnemede, New Jersey, since 1958, the company remains family-owned, led by cousins Jim Conway Jr. and John Conway. Mister Softee is the oldest and largest soft-serve ice cream truck franchise in the U.S., a testament to its lasting popularity.

The brand stands out for its extensive franchise network, rich history, and the strong support it provides to its franchisees.

Mister Softee Franchise Initial Investment

It costs on average between $242,000 – $287,000 to start a Mister Softee franchised restaurant.

This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.

Type of ExpenditureAmount
Initial Franchise Fee$7,500
Mister Softee Truck and Equipment$208,000-$238,000
Inventory$6,000-$8,000
Licenses and Professional Services$1,500-$3,000
Prepaid Insurance Premium$2,000-$3,000
Training Expenses$1,500-$2,500
Additional Funds (3 Months)$15,000-$25,000
Total$241,500-$287,000

Mister Softee Franchise Disclosure Document

Frequently Asked Questions

How many Mister Softee locations are there?

As of the latest data, Mister Softee operates around 630 units across 21 states in the United States. These units consist entirely of independently owned franchise trucks, as Mister Softee franchises are run by small business owners.

What is the total investment required to open a Mister Softee franchise?

The total investment required to open a Mister Softee franchise ranges from $242,000 to $287,000.

What are the ongoing fees for a Mister Softee franchise?

Mister Softee franchisees are required to pay a royalty fee of $3,855 per year based on gross sales. Unlike many other franchises, Mister Softee does not impose a national advertising fee, which provides some flexibility for franchisees in managing their ongoing expense.

What are the financial requirements to become a Mister Softee franchisee?

To become a Mister Softee franchisee, the financial requirements include a minimum net worth of $185,000 and liquid capital of at least $50,000. These figures are necessary to ensure that franchisees can cover the initial investment costs and sustain the business during its early stages​.

Who owns Mister Softee?

Mister Softee is owned by the Conway family. It was founded in 1956 by brothers William Conway and James Conway in Philadelphia. Today, the company remains a family-operated business, co-owned by their sons, Jim Conway Jr. and John Conway, who continue to manage and expand the franchise.

Disclaimer

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