Icy-N-Spicy Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Icy-N-Spicy fits first-time franchise buyers looking for an emerging food & beverage concept.

✓ Strengths

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$345K - $624K

Franchise fee (Item 5)

$40K

Royalty (Item 6)

5.5%

System size (Item 20)

2

Years in business

6+ yrs

Company-owned units

2

Model Icy-N-Spicy's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 5.5% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (5.5%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Industry Benchmarks

How Icy-N-Spicy ranks against 749 Food & Beverage peers we've analyzed.

Initial investment

48th pct · of 749 peers

Franchise fee

56th pct · of 749 peers

System size

13th pct · of 749 peers

Food & Beverage industry averages

Avg investment

$589K - $1.4M

Avg franchise fee

$37K

Avg system size

261

Franchises analyzed

749

How Icy-N-Spicy stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Icy-N-Spicy Disclosed $40K $345K - $624K 5.5% 2
Qargo CoffeeSimilar price None $50K $155K - $625K 6% 10
Doctor's AssociatesBiggest system None $15K $227K - $630K 8% 18,773
Vintage Hospitality GroupTop-rated in category Disclosed $50K $3.5M - $6.4M 5.5% 33

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Icy-N-Spicy franchise cost?

Icy-N-Spicy requires a $40,000 initial franchise fee and a total initial investment range of $345,300–$624,350, per the most recent FDD on file.

Who owns Icy-N-Spicy?

Icy-N-Spicy is franchised by I AND S FR LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.

Does Icy-N-Spicy disclose financial performance (Item 19)?

Yes. Icy-N-Spicy discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.

What ongoing fees does Icy-N-Spicy charge?

Franchisees pay a royalty of 5.5% on gross sales as defined in Item 6 of the FDD.

How many Icy-N-Spicy locations are there?

As of their 2026 FDD, Icy-N-Spicy has 2 total locations. This information comes from Item 20 of the FDD.

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