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4 dni temu · The total investment required to open a Kona Ice franchise ranges from $167,000 to $212,000. What are the ongoing fees for a Kona Ice franchise? For a Kona Ice franchise, the ongoing royalty fees are $3,000 annually for the first two years, increasing to $4,000 for years three to six, and then $5,000 for years seven through ten.
6 sie 2024 · The 3-year failure rate for Kona Ice franchises is relatively low at around 3%, indicating a high success rate compared to industry averages.
23 sie 2023 · What Is the Franchise Fee for Kona Ice? The initial franchise fee for Kona Ice is $15,000. The brand’s website reports that the franchise fee covers the cost of corporate support and access to marketing materials.
The cost of opening a Kona Ice franchise can vary depending on a number of factors. On average, you can expect to invest between $173K-$222K. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.
16 cze 2024 · The Finances of a Kona Ice Franchise. Kona Ice estimates that the initial costs to set up one of its locations are $173,356 to $222,141. This includes a $15,000 initial franchise fee, as well as $146,491 to $155,491 for a Kona branded ice truck and its installed equipment. Aside from this, no individual part of the initial outlay is over $10,000.
28 kwi 2023 · Kona Ice Franchise Success and Failure Rate. The below table will highlight the Kona Ice success and failure rate for the last 3 years. This will supplement your decision-making process.
To buy a franchise with Kona-Ice, you'll need to have at least liquid capital of $30,000 and a minimum net worth of $50,000. Franchisees can expect to make a total investment of at least $99,800 . They also offer financing via 3rd party as well as a discount for veterans ( 10% off Franchise Fee ).
