Full Answer
How much does it cost to purchase a Kona Ice truck?
You'll need between $120,000 – $150,000 to open a Kona Ice unit.
Is Kona Ice a franchise?
So if you're looking to control your own destiny and live life on your own terms, Kona Ice is the business for you. Let us take you on a journey to see what it would be like to be a Kona Ice franchisee. Read below and then visit our franchising website, www.ownakona.com to gather as much information as possible.
What is the total investment needed for Kona Ice?
between $150,400 and $174,150The estimated initial investment for beginning operations for a Kona Ice franchise is between $150,400 and $174,150.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
How much can a snow cone business make?
How Much Money Do Snow Cone Stands Make? It's reported that snow cone booths and shaved ice businesses have the potential to earn $100 to $2,000 in sales a day. This is a wide range because the location of your shaved ice business and the selling season play a large role in profitability.
Who owns Kona Ice?
Tony LambKona Ice is a mobile shaved ice company,. The company was founded by Tony Lamb in 2007. Lamb is Kona Ice's CEO. It was named one of the fastest growing franchises in the United States.
How many locations does Kona Ice have?
Are you looking for a Kona truck? Well, you've come to the right place. With over 1,000 trucks in 48 states, you're bound to find one!
Where was Kona Ice founded?
2007KONA ICE / FoundedKona Ice was started in Northern Kentucky in 2007. Our boss thought, “Hey, people don't sell shaved ice off of trucks. Also, ice cream trucks are creepy. What if we sold shaved ice off of a truck that was super fun and inviting?” And thus, Kona Ice was born.
Is Kona Ice International?
Hear it from our franchisees with testimonials on our website. Established Brand: With eight years in the industry and representation all across the country, and even internationally, Kona Ice is a well-developed and respected brand.
Can you get rich owning a franchise?
The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
How much is a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How many locations does Kona Ice have?
Are you looking for a Kona truck? Well, you've come to the right place. With over 1,000 trucks in 48 states, you're bound to find one!
Where did Kona Ice start?
Northern KentuckyKona Ice was started in Northern Kentucky in 2007. Our boss thought, “Hey, people don't sell shaved ice off of trucks. Also, ice cream trucks are creepy. What if we sold shaved ice off of a truck that was super fun and inviting?” And thus, Kona Ice was born.
How do you make Kona Ice?
0:422:07How To Make A Kona Ice - YouTubeYouTubeStart of suggested clipEnd of suggested clipJust a little just a little. Okay now what else do we do now. I would go with some great gravy greatMoreJust a little just a little. Okay now what else do we do now. I would go with some great gravy great okay so we're gonna do goofy grape on the outside we're gonna get a little bit messy. We.
Does Kona Ice truck take credit cards?
konaiceofdowney We accept all major credit cards, google, Apple Pay, Cash and Venmo! ...
How much money do you need to buy a Kona Ice franchise?
To buy a franchise with Kona-Ice, you'll need to have at least $30,000 in liquid capital 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. *. Request Free Information.
How many franchise units does Kona Ice have?
With growth of over 450 franchise units in 42 states in 5 years, it is PROVEN, PROFITABLE and downright FUN!
What is a Kona mini?
The Kona Mini: The most popular ancillary unit is a smaller, more agile version of the KEV, designed for indoor events and smaller outdoor venues. The Kona Trailer: Sometimes you only need the back half of the KEV – and that's exactly what the Kona Trailer is.
What is Kona fundraising?
Booking Kona is the fastest, easiest way to raise big bucks for schools, sports teams and non-profit organizations. Good news spreads quickly and before you know it, everyone will want you at their event. Not to mention, it's great to be involved in your community and give back.
What is Kona's favorite feature?
Kona's favorite feature for all customers is the ability to load up on tropical flavors to their heart's content. In a day and age where self-serve dessert is all the rage, Kona has taken that step for the mobile shaved ice industry with our patented FLAVORWAVE. It's great for the customers and it's great for you! It increases serving speed and everyone loves it. Does it get any better than this?
Why do schools love Kona?
Communities and schools love Kona for being a fun experience , while helping them reach their fundraising goals
Does Kona Ice have financing?
We have pre-arranged financing with a sister company in place specifically for Kona Ice, giving you the opportunity to expand at your own pace.
Where is Kona Ice located?
Kona Ice is a mobile, Hawaiian-style shaved ice truck franchise based in Florence, Kentucky. The company was founded by Tony Lamb in 2007. Lamb is Kona Ice's CEO. It was named one of the fastest growing franchises in the United States. As of March 2015, the company had more than 600 franchise locations in 43 states.
Does Kona Ice have a flavor dispenser?
Customers can customize their shaved ice with the Flavorwave , a patented flavor dispenser built into the side of the truck. Kona Ice shaved ice contains 60 percent less sugar than regular sugar water snow cones and can be made of 100 percent fruit juice in participating locations.
What is Kona Ice?
The franchisor offers franchises for the use of its “Kona Ice” trademarks, trade names, service marks, and logos for the operation of Kona Ice businesses. Kona Ice businesses provide flavored shaved ice, ice cream, and related products to the general public in a mobile environment, which includes the franchisor’s proprietary Kona Ice truck, ...
When is Kona Ice's FDD?
The above information has been compiled from the FDD of Kona Ice. Year of FDD: 2021.
How long is Kona Ice training?
Kona Kollege currently consists of 16-20 hours of on-the-job training at the franchisor’s corporate office in Florence, Kentucky. From time to time, the franchisor may require that franchisees, designated managers, and other employees attend system-wide refresher or additional training courses. Some of these courses may be optional, while others may be required.
How many franchises can a franchisor give?
The franchisor will generally grant only one license to a franchisee for any area with a population up to 100,000. In certain densely populated metropolitan areas, a territory may be considerably smaller, while franchisees operating in less densely populated urban areas may have significantly larger areas.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Can a franchisee get financing for a KEV?
Financial Assistance: At their sole discretion, and if they qualify, specified third-party lenders may offer franchisees financing for the purchase of their KEV and/or kiosk, mini or trailer. Except as stated, neither the franchisor, nor any agent or affiliate of its offers direct financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation.
What are the benefits of Kona Ice Truck?
A benefit to having a Kona Ice truck is that you will receive large, protected territories for your business. Territories are assigned based on zip code and give you the chance to operate your business without nearby competitors. There is no forced expansion of your business, which is ideal for entrepreneurs who wish to keep their time and effort focused on only one franchise.
Is Kona Ice good?
The good news is that there are many benefits and advantages to owning a Kona Ice franchise. Not only do you have the freedom to drive around your territory, but your truck comes fully supplied with everything you need: equipment, self-serve shaved ice, patented flavorwave, and customizable ancillary equipment. Here are some more reasons why the franchise ranks high in business owner satisfaction:
How much does it cost to start a Kona Ice franchise?
Kona Ice breaks down the start up costs to allow the candidate to see exactly where their money is going. The franchise license will cost $15,000 and is necessary to do business with Kona Ice. The truck will be the biggest expense, coming in at a price of $95,750. Kona Ice also requires the franchisees to purchase their initial inventory pack, which will contain everything the franchisee will need to make the product. This pack costs $4,875 and has the potential to produce around $50,000 in revenue.
How many Kona Ice locations are there?
In the last eight years, Kona Ice has gone from having 120 franchised locations around the country, to over 800 locations. During this time they also saw themselves expand into the international market by opening their first location in Canada.
What is Kona Ice passionate about?
Kona Ice is passionate about seeing their franchisees succeed and they structure their franchise system to give them the best possible chance.
What is the turnover rate of Kona trucks?
Throughout all of this massive growth, they have been able to maintain a very healthy turnover rate of 4.43 percent. Franchisees are loving their Kona trucks and are not letting go of them.
Why should franchisees do their own research?
Potential franchisees should still take the time to do their own research about owning a franchise, because the actual process of running a location may not be what they are looking for. Because this is a mobile unit, the day-to-day operation will be vastly different from having a brick and mortar store. Understanding the structure of what that entails is crucial before signing any paperwork.
Where is Kona Ice located?
So, he founded Kona Ice in Boone County, Kentucky and designed five prototype trucks to try out his creations.
When did Kona Mini come out?
In October of 2012, they introduced the Kona Mini, which is a small replica of the trucks that can be set up indoors to serve the shaved ice during the winter months. This allowed the brand to open up their market and continue to bring in revenue all through the year, instead of only being limited to warm-weather periods.
How much does it cost to own a Kona ice truck?
So if you want to own a Kona Ice truck, then this is how much it will cost you. Name of Fee. Cost. Initial Franchise Fee. $15,000. Truck and Installed Equipment. $102,650. Training Expenses.
What is Kona Ice?
Kona Ice serves gourmet tropical shaved ice out of a family-friendly themed trucks. They are really famous for their innovative way of serving. When you plan to visit there, make sure you know their latest menu. In this post, let’s see their latest menu. Kona Ice menu has different types of shaved cups and they also provide options ...
How many flavors of Kona Ice are there?
They allow you to customize their shaved ice flavors. You can choose from more than 10 flavors and even how much syrup you want. The thing that makes Kona Ice different from its competitors is that the shaved ice snow cones it sells contain up to 60% less sugar than a standard snow cone.
How to contact Kona Ice?
You can also contact the team of Kona Ice by using the contact form on their website.
Where is Kona Ice located?
Kona Ice is an American-based shaved ice truck franchise that was founded by Tony Lamb in 2007. The first truck of Kona Ice started to run in Florence, Kentucky.
How many ounces of shaved ice is in a kowabunga?
Their shaved ice comes in three flavors- Regular (8 ounces), King Kona (16 ounces) and Kowabunga (22 ounces). They also have some birthday packages on their menu for birthday parties as well. The Kona Ice menu prices are also very affordable as you can get a shaved ice for around $3.
5 Reasons Why Kona Ice Is Successful
Business Model
Meet Kev: The Kona Entertainment Vehicle
Protected Territory
One-Of-A-Kind Experience
Year-Round Opportunities
Kona Gives Back
Proven Success
Patented Product
Investment &Financing
- LOW COST INVESTMENT 1. $15,000 - $30,000 cost investment 2. Fixed royalty – a fraction of industry standard 3. No paralyzing build out costs We have pre-arranged financing with a sister company in place specifically for Kona Ice, giving you the opportunity to expand at your own pace.