INS Ice Beer franchise
2026 filing · April 13, 2026
INS Ice Beer at a glance
A retro-themed Korean restaurant and bar serving frosty beer in thin ice glasses with Korean street food and snacks.
The business
- Franchisor
- Wevelopment USA, Inc
- The company that sells the franchises
- Franchisor based in
- Los Angeles, California
- Typical size
- 1,500–3,500 sq ft
What you pay
- Cost to open
- $444K–$936K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 3%
- 3% of gross sales, paid monthly, plus a marketing fee of up to 1%
- Brand fund
- Yes
- Up to 1% of gross sales, paid with the royalty
- Renewal fee
- $25,000
- When the agreement ends and you sign again
- Agreement length
- 5 years
Where it is
- US locations, 2025
- 0
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 0
- Change in 2 years
- 0
- Franchised locations, 2023–2025
From Wevelopment USA, Inc’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
INS Ice Beer among all franchises with the same figure.
| Figure | INS Ice Beer | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $690,000 | Costs more than 75% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 3% | Lower than 98% of brands with a set rate |
| US locationsFranchised and company-owned | 0 | Fewer than 97% of franchises |
How much a INS Ice Beer franchise costs
Opening one INS Ice Beer costs an estimated $444,000 to $936,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($250,000 to $500,000) and additional funds – 3 months ($55,000 to $150,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Real Property/Site Lease | $10,000 | $30,000 | |
| Leasehold Improvements | $250,000 | $500,000 | |
| Equipment & Furniture | $50,000 | $100,000 | |
| Opening Inventory | $10,000 | $30,000 | |
| Insurance | $10,000 | $15,000 | |
| Signage, Menu Board | $5,000 | $15,000 | |
| Grand Opening Promotion | $5,000 | $30,000 | |
| POS and Information System | $5,000 | $15,000 | |
| Initial Training Expenses | $4,000 | $11,000 | |
| Additional Funds – 3 months | $55,000 | $150,000 | |
| Total | $444,000 | $936,000 | |
Source: Wevelopment USA, Inc, 2026 filing, page 17
INS Ice Beer franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Wevelopment USA, Inc, 2026 filing, page 11
Royalty and ongoing fees
| Royalty | 3% of gross sales, paid monthly, plus a marketing fee of up to 1%. |
|---|---|
| Brand or marketing fund | Up to 1% of gross sales, paid with the royalty. |
| POS, Computer or Information Systems Fee | Up to $250 per month (currently not assessed) |
| Transfer Review Fee | $2,500 |
| Renewal Fee | $25,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Wevelopment USA, Inc, 2026 filing, page 12
Other fees as filed, from pages 13–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures INS Ice Beer does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Wevelopment USA, Inc, 2026 filing, page 40
- Estimate Estimated yearly sales per location
- $960K–$1.7M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to INS Ice Beer franchisees
Lenders approved one SBA 7(a) loan for a INS Ice Beer franchisee in 2026, for $400K. It hasn’t 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 INS Ice Beer compares
Of the 813 restaurant franchises on this site, INS Ice Beer is the 457th cheapest to open and the 758th largest by number of locations.
| Figure | INS Ice Beer | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $444K | $408K | $222K |
| Cost to open, high end | $936K | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 3% | 5% | 6% |
| US locations | 0 | 14 | 21 |
| Shares earnings figures | No | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 0 (0) | 0 | 0 | 0 |
| 2024 | 0 (0) | 0 | 0 | 0 |
| 2025 | 0 (0) | 0 | – | – |
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: franchise failure rates.
Source: Wevelopment USA, Inc, 2026 filing, page 41
Who owns INS Ice Beer?
INS Ice Beer franchises are sold by Wevelopment USA, Inc. It is a subsidiary of Wevelopment Co.
From Wevelopment USA, Inc’s 2026 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 11. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Wevelopment USA, Inc, 2026 filing, litigation on page 11, bankruptcy on page 11
INS Ice Beer filings
The figures on this page come from Wevelopment USA, Inc’s 2026 filing, issued April 13, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 13, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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