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I Scream Gelato franchise

2024 filing · February 29, 2024GrowingShares sales figures

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I Scream Gelato at a glance

A fast casual dessert shop serving handmade Italian gelato and desserts. At the end of 2023 there were 5 I Scream Gelato locations in the US, 1 franchised and 4 company-owned, so most are run by the company itself.

The business

Industry
Ice cream
Also listed in food
Franchisor
ISG Franchise, LLC
The company that sells the franchises
Who runs it
Semi-absentee
Owner doesn't have to take part; a trained manager runs it

What you pay

Cost to open
$224K–$452K
Fee, build-out and opening working capital
Franchise fee
$30,000
Paid once, when you sign
Royalty
6%
6% of gross sales, paid monthly, plus 1% to the marketing fund
Brand fund
1%
1% of gross sales, paid monthly
Agreement length
10 years
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
5
Franchised and company-owned
Franchised
1
Company-owned
4
Change in 3 years
+1
Franchised locations, 2021–2023
States
3
Most in Colorado, Florida and Ohio

Support and records

Shares sales figures
Yes
For some or all locations
SBA loans approved
3
2023–2026
Lawsuits disclosed
None
Bankruptcy disclosed
None
Latest filing
Feb 29, 2024
2024 filing

From ISG Franchise, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

I Scream Gelato among all franchises with the same figure.

FigureI Scream GelatoAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$337,859Costs less than 52% of franchises
Franchise feePaid once, when you sign$30,000Lower than 72% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned5Fewer than 71% of franchises

How much a I Scream Gelato franchise costs

Opening one I Scream Gelato costs an estimated $223,917 to $451,800. That covers the franchise fee and everything else needed to open, through the first months of working capital.

Source: ISG Franchise, LLC, 2024 filing, page 17

I Scream Gelato franchise fee

The franchise fee is $30,000. You pay it when you sign the franchise agreement.

Source: ISG Franchise, LLC, 2024 filing, page 11

Royalty and ongoing fees

Royalty6% of gross sales, paid monthly, plus 1% to the marketing fund.
Brand or marketing fund1% of gross sales, paid monthly.
Transfer fee$10,000 plus any broker fees and other out-of-pocket costs we incur
Replacement/Additional Training feeCurrently, $350 per day

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: ISG Franchise, LLC, 2024 filing, page 12

Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures I Scream Gelato publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Source: ISG Franchise, LLC, 2024 filing, page 40

Estimate Estimated yearly sales per location
$320K–$570K

Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.

SBA loans to I Scream Gelato franchisees

Lenders approved 3 SBA 7(a) loans for I Scream Gelato franchisees from 2023 to 2026, $666K in all. None has been paid off or charged off yet.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

How I Scream Gelato compares

Of the 101 ice cream franchises on this site, I Scream Gelato is the 30th cheapest to open and the 70th largest by number of locations.

FigureI Scream GelatoTypical ice cream brandTypical franchise
Cost to open, low end$224K$285K$222K
Cost to open, high end$452K$597K$477K
Franchise fee$30K$35K$40K
Royalty6%6%6%
Brand fund1%2%2%
US locations51821
Shares earnings figuresYes76 of 1012,147 of 3,352

Typical is the median across the 101 brands in ice cream franchises; typical franchise, across every brand here.

Locations opened and closed

1 opened
0 closed or left
Franchised locations, last 3 years
2021
0 opened0 closed or left
0 (0)
2022
0 opened0 closed or left
0 (0)
2023
1 opened0 closed or left
1 (+1)
YearFranchisedCompany-ownedOpenedClosed
20210 (0)300
20220 (0)400
20231 (+1)4+10

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: ice cream franchise costs and franchise failure rates.

Source: ISG Franchise, LLC, 2024 filing, page 43

Source filing (2024, PDF)

Where I Scream Gelato locations are

At the end of 2023, I Scream Gelato had locations in 3 states. The most are in Colorado, Florida and Ohio.

  • Colorado3
  • Florida1
  • Ohio1
StateFranchisedCompany-ownedTotal
Colorado033
Florida011
Ohio101

Source: ISG Franchise, LLC, 2024 filing, page 44

Who owns I Scream Gelato?

I Scream Gelato franchises are sold by ISG Franchise, LLC.

From ISG Franchise, LLC’s 2024 filing.

I Scream Gelato filings

The figures on this page come from ISG Franchise, LLC’s 2024 filing, issued February 29, 2024, on record with the NASAA Electronic Filing Depository.

I Scream Gelato filings, newest first
FilingIssuedRegistryOn this page
2024 filingFebruary 29, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

Other ice cream franchises

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I Scream Gelato is also on these lists: food franchises.

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