Franchise FAQ

is kona ice a good franchise

by Alana Leannon Published 2 years ago Updated 1 year ago
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Why invest in a Kona Ice franchise?

Kona Ice franchisees are able to maintain a food cost of approximately 6 percent. In an industry where the average is 32 percent, Kona franchisees are already starting the game with a huge advantage. Additionally]

Who is the CEO of Kona Ice?

Tony Lamb is the founder and CEO of Kona Ice. Tony took inspiration from a bad experience with a “creepy ice cream truck” to start the biggest mobile ice cream franchise in the country. Kona Ice serves a market with a lot of strong competitors like Haagen-Dazs or Baskin-Robbins.

What is Kona Ice shaved ice?

Shaved ice is an ice treat that adults and children alike may enjoy indulging in all summer long. Kona Ice took the shaved ice concept and ran with it by introducing flavorful blends unique to the company, complete with mobile units. Tony Lamb founded Kona Ice in 2007, beginning to franchise the following year.

Is a Kona-Ice franchise profitable?

With growth of over 450 franchise units in 42 states in 5 years, it is PROVEN, PROFITABLE and downright FUN! What Does a Kona-Ice Franchise Cost? 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.

What does a Kona Ice Franchise Cost?

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

What is the best thing about Kona Ice?

What is a Kona mini?

How long does it take to graduate from Kona?

Is Kona Ice a new franchise?

Is the Kona Kiosk the same as a truck?

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How much profit does a Kona Ice truck make?

Kona Ice operation costs are relatively low. 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.

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 type of franchise is Kona Ice?

Looking to buy a shaved ice franchise? Look no further than the biggest brand in the mobile dessert industry, Kona Ice. We're different from every other franchise out there.

Which franchise owners make the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

How much money can you make selling snow cones?

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 Lamb - FounderTony 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!

Is Kona Ice a chain?

Kona Ice began franchising in 2008. In October 2012, the company launched the Kona Mini, a smaller replica of the Kona Ice truck, to sell shaved ice indoors during winter months. Kona Ice was recognized on Entrepreneur magazine's Franchise 500 list in 2013.

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.

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.

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Is it worth it to own a franchise?

If you're a fledgling entrepreneur or a seasoned business person wanting to diversify your holdings, you've probably wondered, “Are franchises a good investment?” The simple answer is yes, especially if a great opportunity presents itself. There is an obvious appeal to starting a business via buying a franchise.

Does Kona Ice truck take credit cards?

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

How many carbs are in Kona Ice?

zero carbNutrition > Flavorwave® > Kona Ice. This zero calorie, zero sugar, zero carb Kona is both vegan and Kosher-certified. It is sweetened with all natural Stevia and is the perfect treat that everyone can enjoy!

Find a Kona Ice Truck

Kona Ice® Production. Enjoy the Experience. Our intellectual property is protected by the following U.S. Patents: 8,157,136 April 7, 2012

How much does it cost to franchise Kona Ice?

2. Thanks to its food truck-like format, a Kona Ice franchise is relatively inexpensive to establish. Total investment is estimated at $104,600 to $120,000, and liquidity requirements are only $20,000 to $40,000. The initial franchise fee is $15,000.

How many Kona ice cream trucks are there?

Established by Tony Lamb in 2007 after what he describes as “a real bad ice cream truck experience” with his daughter, Kona Ice began franchising in 2008 and now has close to 450 units in 41 states. The main vehicle for sales (no pun intended) is the Kona Entertainment Vehicle (KEV for short), which is a clean, bright, attractive, music-equipped, and attention-getting version of the standard neighborhood ice cream truck. Kona Ice has also developed additional formats including the “mini-truck,” trailer, and kiosk to expand the number of venues available to its products.

What is shaved ice called?

While there are two basic versions, one using crushed ice and one using shaved ice, Kona Ice has taken the shave ice version (named in Hawaii where it originated, it is called “shave ice” rather than “shaved ice”) and built a brand around it.

Is Kona Ice popular in Florida?

The summer season anywhere in the U.S. is conducive to shave ice sales, but some parts of the country have climates that will remain conducive even through the winter months—Kona Ice will be much more popular in January in Florida or Texas than in Minnesota or Michigan.

Who wrote the Kona Ice review?

This Kona Ice franchise review was written by Daniel Slone, our contributing franchise reviewer. All opinions expressed in this review are Daniel’s own.

Is Kona Ice a good franchise?

5. Kona Ice has been well-received in the franchise community, garnering the ranking of #1 New Franchise in 2013 from Entrepreneur magazine. It also earned a spot in the Top 40 Food Franchises as judged by Franchise Business Review, and Best in Franchisee Satisfaction at the 2013 Franchise Leadership & Development Conference. Needless to say, happy franchisees are one of the best recommendations any system can have.

How much does a Kona Ice franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 1181 franchised Kona Ice locations in the USA.

Are there any Kona Ice franchise opportunities near me?

Based on 2020 FDD data, Kona Ice has franchise locations in 45 states. The largest region is the South with 659 franchise locations.

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.

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!

How much money does Kona Ice give back?

Ever wonder if you’re making a difference? With Kona Ice, you’ll see it happening right before your very eyes. With over $80 million dollars given back to local communities all across the country, Kona Ice is defined by our community involvement. Because we’re a mobile franchise, this allows you to be directly involved in your community at every touch point.

What is a Kona mini?

Once you own a Kona truck, you will have access to: - 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 Day a good daycare?

- Parents, kids and staff alike say Kona Day is the best day of the week at daycare.

Does Kona Ice have a marketing team?

Kona Ice has a full time marketing team of graphic designers, digital marketers, copywriters and videographers that create content for Google AdWords campaigns, Facebook campaigns and Instagram campaigns. Hundreds of thousands of dollars are spent on these marketing campaigns that are designed solely to make the franchisee’s phone ring and fill up their inbox. You focus on building your contact database, as corporate provides:

Is Kona Ice a franchise?

Ranked the #1 New Franchise by Entrepreneur Magazine in 2013 and Highest in Franchisee Satisfaction from 2014-2019 by Franchise Business Review, Kona Ice’s reputation is proclaimed as being one of the most innovative brands and “be your own boss” businesses around. In fact, we’ve made the Fastest Growing list the past six years. Kona Ice is thriving all across the map - from New Hampshire to California. And as of 2014, it’s been proven to work in three international markets as well. And in addition to that, roughly 75% of franchisees are purchasing a second unit within the first two years.

What is a Kona mini?

Once you own a Kona truck, you will have access to: 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 is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Is Kona Day a good daycare?

Parents, kids and staff alike say Kona Day is the best day of the week at daycare.

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.

Does Kona Ice have a marketing team?

Kona Ice has a full time marketing team of graphic designers, digital marketers, copywriters and videographers that create content for Google AdWords campaigns, Facebook campaigns and Instagram campaigns. Hundreds of thousands of dollars are spent on these marketing campaigns that are designed solely to make the franchisee’s phone ring and fill up their inbox. You focus on building your contact database, as corporate provides:

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.

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.

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.

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.

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