Jeremiah's Italian Ice Franchise Review & Verdict (2024)

Product details

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Jeremiah's Italian Ice fits first-time franchise buyers looking for a mid-scale food & beverage concept.

✓ Strengths

Key FDD Facts

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

Initial investment (Item 7)

$295K - $744K

Franchise fee (Item 5)

$30K

Item 19 median rev

$436k franchised in-line or stand-alone Shops

System size (Item 20)

144 +33

Agreement term

10 yrs

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

Data extracted from the 2024 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.

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

163

Total units open

33

Units opened last year

6

Units closed last year

5 non-renewals + 1 ceased operations

27

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2024 filing.

4

Risks to review

3

Strengths identified

3

Questions to ask

Industry Benchmarks

How Jeremiah's Italian Ice ranks against 811 Food & Beverage peers we've analyzed.

Initial investment

39th pct · of 811 peers

Franchise fee

18th pct · of 811 peers

System size

81st pct · of 811 peers

Food & Beverage industry averages

Avg investment

$528K - $1.3M

Avg franchise fee

$38K

Avg system size

235

Franchises analyzed

811

How Jeremiah's Italian Ice stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Jeremiah's Italian Ice Disclosed $30K $295K - $744K — 144
Domino's PizzaSimilar price Disclosed $10K $107K - $744K 5.5% 6,974
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

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Frequently Asked Questions

How much does a Jeremiah's Italian Ice franchise cost?

Jeremiah's Italian Ice requires a $30,000 initial franchise fee and a total initial investment range of $294,817–$743,725, per the most recent FDD on file.

Who owns Jeremiah's Italian Ice?

Jeremiah's Italian Ice is franchised by JII Franchise Group, LLC (Jeremiahs Italian Ice), 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 Jeremiah's Italian Ice disclose financial performance (Item 19)?

Yes. Jeremiah's Italian Ice discloses Item 19 financial performance representations with reported revenue around $436,373. See the financials sub-page for the full distribution.

How many Jeremiah's Italian Ice locations are there?

As of their 2024 FDD, Jeremiah's Italian Ice has 144 total locations, with 33 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

What are the renewal and exit terms?

Per the FDD, Jeremiah's Italian Ice discloses an initial agreement term of 10 years. Review Items 10 and 17 for the full renewal and termination provisions.

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