Jeremiah’s Italian Ice Franchise FDD, Profits & Costs (2025)
Jeremiah’s Italian Ice was founded by Jeremy Litwack in 1996 in Winter Park, Florida, inspired by his high school experience selling Italian Ice in Philadelphia.
The company’s headquarters remain in Florida, reflecting its roots and continuing commitment to the region.
Jeremiah’s Italian Ice launched its franchising model in 2019, aiming to extend its reach while maintaining its community-focused culture.
The franchise’s strategy includes a strong emphasis on local community engagement and creating a welcoming atmosphere, positioning it distinctively against more traditional dessert options.
The franchise is known for producing fresh Italian Ice daily at each location, using quality ingredients to craft distinctive flavors.
This emphasis on freshness and community-oriented settings with vibrant and energetic atmospheres has enabled Jeremiah’s Italian Ice to establish a unique presence in the frozen dessert market.
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Initial Investment
How much does it cost to start a Jeremiah’s Italian Ice franchise? It costs on average between $103,000 – $696,000 to start a Jeremiah’s Italian Ice 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. Jeremiah’s Italian Ice offers 2 types of franchises:
| Franchise Type | Initial Investment |
|---|---|
| Traditional restaurant | $326,000 – $696,000 |
| Non-Traditional | $103,000 – $254,000 |
We are summarizing below the main costs associated with opening a Jeremiah’s Italian Ice franchised Traditional restaurant. For more information on the costs required to start a Jeremiah’s Italian Ice franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $24,000 – $30,000 |
| Development Services Fee | $5,000 |
| Lease/Rent | $6,667 – $37,900 |
| Construction (includes permits) | $72,000 – $280,000 |
| Equipment | $128,000 – $150,000 |
| POS System | $8,000 – $16,500 |
| Signage | $9,500 – $25,000 |
| Opening Advertising | $15,000 |
| Inventory and Start-up Supplies | $10,000 – $17,800 |
| Insurance | $10,000 – $12,000 |
| Training Expenses | $2,000 – $4,000 |
| Business Licenses | $250 – $6,000 |
| Architect and Professional Fees | $10,000 – $20,000 |
| Additional Funds (3 Months) | $25,000 – $75,000 |
| Security / Utility Deposits | $150 – $1,800 |
| Total Estimated Initial Investment* | $326,000 – $696,000 |
Average Revenue (AUV)
How much revenue can you make with a Jeremiah’s Italian Ice franchise? A Jeremiah’s Italian Ice franchised restaurant makes on average $532,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $506,000 yearly revenue for similar ice cream franchises. Below are 10 Jeremiah’s Italian Ice competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Jeremiah’s Italian Ice Franchise Disclosure Document
Frequently Asked Questions
How many Jeremiah’s Italian Ice locations are there?
As of the latest data, Jeremiah’s Italian Ice operates over 130 locations across 11 states. The majority are franchise-owned, with 78 franchised units reported in 2024. The company has experienced significant growth since launching its franchise program in 2019, awarding over 260 franchise units across more than 115 franchise groups.
What is the total investment required to open a Jeremiah’s Italian Ice franchise?
The total investment required to open a Jeremiah’s Italian Ice franchise ranges from $103,000 to $696,000.
What are the ongoing fees for a Jeremiah’s Italian Ice franchise?
Jeremiah’s Italian Ice franchisees pay a 6% royalty fee on gross sales and a 2% marketing fee. These fees support brand operations, product development, and advertising efforts to enhance customer reach and maintain quality standards.
What are the financial requirements to become a Jeremiah’s Italian Ice franchisee?
To become a Jeremiah’s Italian Ice franchisee, candidates must have a minimum net worth of $250,000 and at least $100,000 in liquid capital. These requirements ensure that franchisees have the necessary financial stability to support the initial investment, operational costs, and any contingencies that may arise during the franchise setup and early growth phases.
How much can a Jeremiah’s Italian Ice franchise owner expect to earn?
The average gross sales for a Jeremiah’s Italian Ice franchise are approximately $0.53 million per location. Assuming a 15% operating profit margin, $0.53 million yearly revenue can result in $79,500 EBITDA annually.
Who owns Jeremiah’s Italian Ice?
Jeremiah’s Italian Ice is owned by its founder, Jeremy Litwack. He started the brand in 1996 in Winter Park, Florida, driven by his passion for creating high-quality Italian ice. Litwack continues to lead the company, overseeing its expansion and brand development as it grows nationwide through franchising.
Disclaimer
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