Franchise FAQ

how much you make out of a kona truck franchise

by Adalberto Stoltenberg Published 2 years ago Updated 1 year ago
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While the average franchise overhead is 32%, Kona Ice's overhead is only 6%. This allows for profit margins of up to 50%. Based on the average profits claimed by 534 Kona Ice owners, we can estimate that given a midpoint investment of $162,275. It would take you less than 3 years to recoup your investment.Jun 27, 2022

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.

What are the royalty fees associated with Kona Ice?

What are the franchise and royalty fees? Our franchise fee is $15,000. This is included in the price of the franchise. Royalty fees are as follows: $3,000 per year for the first five years; $3,500 per year for years six and seven; and $4,000 per year for years eight and up.

Who are the owners of Kona Ice?

Tony Lamb - Founder and CEO - Kona Ice | LinkedIn.

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!

What franchise is the most profitable?

Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.

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.

How many franchises does Kona Ice have?

1304 Kona Ice franchisesThere are currently 1304 Kona Ice franchises in the United States and that number is growing every year. Tony Lamb is the founder and CEO of Kona Ice.

What Kona means?

Kona means "Leeward" in Hawaiian. In Ancient Hawaii each island had a "Kona" district. Kailua-Kona, Hawaii, sometimes called Kona Town.

How long has Kona Ice been in business?

Kona 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.

Do Kona Ice trucks take card?

konaiceofdowney We accept all major credit cards, google, Apple Pay, Cash and Venmo! ...

Does Kona Ice give free refills?

Did you know that if you purchase a large Kona Ice plastic cup for $5.00 (includes a Kona Ice) that you can get it refilled for only $3!

What is Kona Ice pay it forward?

Virtual students can purchase Kona Ice vouchers to be used whenever they see the Kona Ice truck. Also, we do have a Pay It Forward options that you can add to your cart. This money goes in to help pay for Kona Ice cups for any students that might not have something pre-paid for by the day of our event.

Where is Tony lamb from?

Horsham, VictoriaAntony Hamilton Lamb OAM (born 7 March 1939) is an Australian former politician. Born in Horsham, Victoria, he was the son of Victorian Country Party politician Hamilton Lamb.

What flavor is Tiger's blood?

This Hawaiian Shaved Ice brand of Tiger's Blood flavoring is a bright red color when poured over ice, and it tastes like a fruity burst of flavor. With its blend of watermelon, strawberry, and a hint of coconut you're sure to please everyone at the next birthday pool party; both children and adults.

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.

What is Kona Ice made of?

Shaved ice – it's what we sell. But it's not just any shaved ice. Our product is vitamin-fortified, Smart Snack approved, and sweetened with pure cane sugar and all-natural stevia leaf extract. It's definitely not your run-of-the-mill snow cone.

What does a Kona Ice Franchise Cost?

The total investment to open a Kona Ice franchise is $140,350. Kona Ice splits the initial investment into three different categories: the franchise fee ($15,000), inventory pack ($5,500) and the truck ($119,850). With the franchisee fee, you’ll receive corporate support and access to marketing materials. A onetime deposit of $20,000 is required. It covers your franchise fee and a $5,000 deposit on your truck.

How much does it cost to open a Kona Ice franchise?

The total investment to open a Kona Ice franchise is $140,350. Kona Ice splits the initial investment into three different categories: the franchise fee ($15,000), inventory pack ($5,500) and the truck ($119,850). With the franchisee fee, you’ll receive corporate support and access to marketing materials. A onetime deposit of $20,000 is required. It covers your franchise fee and a $5,000 deposit on your truck.

What is the best thing about Kona Ice?

One of the best things about Kona Ice is that the business model is simple. The brand works for you, not the other way around. Our goal at corporate is to make your Kona Ice experience as enjoyable and stress-free as eating a cup of shaved ice!

What is a Kona mini?

The Kona Mini: The most popular ancillary unit is a smaller, more agile version of the KEV. It’s designed for indoor events and smaller outdoor venues. It’s a low-risk, high-reward investment that can truly make your business last all year.

How long does it take to graduate from Kona?

You’ll graduate from Kona Kollege with a 30 day plan that will have you primed and ready for success. On top of your startup plan, you will be set up for multiple follow up calls throughout your first year to ensure a smooth and successful start to your business!

Is Kona Ice a new franchise?

Here at Kona Ice, we know why we’ve succeeded and reached these ranks of the #1 New Franchise (Entrepreneur Magazine 2013), top in Franchisee Satisfaction (Franchise Business Review and Franchise Update), #1 in Category (Dessert Franchise in Entrepreneur Magazine) and made the Fastest Growing List for the past five years. We don’t think it’s luck at all. It’s the combination of a fresh concept, strong corporate support with a vision, and a desire to make the world a better place.

Is the Kona Kiosk the same as a truck?

Perfect for semi-permanent venues or large events, the Kona Kiosk can serve the same amount of people as the truck. It’s smaller than a truck, but it has the same visibility and could be the perfect supplement to your Kona business.

Background

Ice cream and shaved iced have been popular with Americans and the world for a long time. The history of shaved ice can be traced back to Roman Emperor Nero in 27 B.C. when he told his workers to bring back snow form the mountains, which was then flavored with a fruit and honey mixture.

Support and Training Offered By Kona Ice

In terms of support and training, the franchise owner can expect to go to Kona Kollege to learn everything you need to know about operating the business. The franchise will also provide you with marketing materials and a corporate structure that will answer any and all questions you have.

Franchises Similar to Kona Ice

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

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.

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.

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.

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.

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.

Quick & Easy Startup

We pride ourselves on our franchising process. When you decide you want to start your own business, you don't want to wait years to make that dream become a reality. With Kona, you’re in a for a fun ride.

Minimal Investment

When you’re deciding to go into business for yourself, wouldn't it be nice to not have to mortgage your house just to have a shot at profitability? When we started this company, we wanted the franchise to be affordable. We're all about the experience, and we want your experience to be just as great as your customer's.

Patented Flavorwave

We’re not some random ice cream truck. We’ve put a lot of thought and research into the KEV (Kona Entertainment Vehicle). It’s your best selling tool and it also houses our patented Flavorwave. This is what truly separates us from every other shaved ice franchise.

Mobile

We're not like most franchises - no brick and mortar in our simple business model. It keeps your overhead extremely low and gives you the opportunity to bring the party to your customers. And on top of that, it also means you don't have to be open all the time. You want to take a Monday off? You can with Kona Ice.

Community Involvement

Because of our high profitability, we're able to give back in BIG ways to our local communities. And not just from a distance. You'll be making a difference in the lives of the people you see on a day to day basis. The fact that we're a mobile franchise allows you to see the money you give back in action.

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