Jeremiah's Italian Ice franchise
2024 filing · May 16, 2024GrowingShares sales figures
Jeremiah's Italian Ice at a glance
A shop serving Italian ice, gelati and soft ice cream. At the end of 2023 there were 136 Jeremiah's Italian Ice locations in the US, 117 franchised and 19 company-owned.
The business
- Franchisor
- JII Franchise Group, LLC
- The company that sells the franchises
- Franchising since
- 2019
- 5 years of selling franchises
- Franchisor based in
- Orlando, Florida
What you pay
- Cost to open
- $351K–$721K
- An in-line or stand-alone shop
- Franchise fee
- $30,000
- Plus a $5,000 development services fee; $15,000 for a non-traditional shop
- Royalty
- 6%
- 6% of net sales (10% for a non-traditional shop), paid weekly, plus 4.5% for marketing
- Brand fund
- 2%
- 2.0% of net sales to the fund, within a 4.5% marketing contribution that includes local spend
- Agreement length
- 10 years
Where it is
- US locations, 2023
- 136
- Franchised and company-owned
- Franchised
- 117
- Company-owned
- 19
- Change in 3 years
- +106
- Franchised locations, 2021–2023
- States
- 11
- Most in Florida, Texas and Georgia
From JII Franchise Group, LLC’s 2024 filing; revenue and net loss from its audited financial statements, page 203; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Jeremiah's Italian Ice among all franchises with the same figure.
| Figure | Jeremiah's Italian Ice | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $535,784 | Costs more than 67% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 136 | More than 81% of franchises |
How much a Jeremiah's Italian Ice franchise costs
Opening an in-line or stand-alone shop costs an estimated $350,567 to $721,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction (includes permits) ($72,000 to $280,000) and equipment ($128,000 to $150,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial franchise fee | $24,000 | $30,000 | |
| Development Services Fee | $5,000 | ||
| Lease/rent | $6,667 | $37,900 | |
| Construction (includes permits) | $72,000 | $280,000 | |
| Equipment | $128,000 | $150,000 | |
| POS System | $8,000 | $16,500 | |
| Signage | $9,500 | $25,000 | |
| Opening Advertising | $15,000 | ||
| Inventory and Start-up Supplies | $10,000 | $17,800 | |
| Insurance | $10,000 | $12,000 | |
| Training Expenses | $2,000 | $4,000 | |
| Business Licenses | $250 | $6,000 | |
| Architect and Professional Fees | $10,000 | $20,000 | |
| Additional Funds (3 Months) | $50,000 | $100,000 | |
| Security/Utility Deposits | $150 | $1,800 | |
| Total | $350,567 | $721,000 | |
Source: JII Franchise Group, LLC, 2024 filing, page 17
Jeremiah's Italian Ice franchise fee
The franchise fee is $30,000, plus a $5,000 development services fee; $15,000 for a non-traditional shop. You pay it when you sign the franchise agreement.
Source: JII Franchise Group, LLC, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of net sales (10% for a non-traditional shop), paid weekly, plus 4.5% for marketing. |
|---|---|
| Brand or marketing fund | 2.0% of net sales to the fund, within a 4.5% marketing contribution that includes local spend. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: JII Franchise Group, LLC, 2024 filing, page 12
Sales and earnings
Shares figures Jeremiah's Italian Ice publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average net sales
- $530,319
- Median net sales
- $515,576
Yearly figures for 2023, covering 19 company or affiliate-owned and 75 franchised in-line or stand-alone shops open all of 2023. The average is about 1 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: JII Franchise Group, LLC, 2024 filing, pages 57–58
SBA loans to Jeremiah's Italian Ice franchisees
Lenders approved 92 SBA-backed loans for Jeremiah's Italian Ice franchisees from 2020 to 2026, $35.3M in all: 91 7(a) loans and 1 504 loan. All 21 that have ended were paid in full; none was charged off. The other 71 haven’t ended 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
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | Jeremiah's Italian Ice | Typical ice cream brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +50% / +964% | +6.2% / +18% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 1.3% / 18% | 2.4% / 9.5% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical ice cream brand is the median of the 33 brands in ice cream franchises with three years of counts.
How Jeremiah's Italian Ice compares
Of the 101 ice cream franchises on this site, Jeremiah's Italian Ice is the 70th cheapest to open and the 20th largest by number of locations.
| Figure | Jeremiah's Italian Ice | Typical ice cream brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $351K | $285K | $222K |
| Cost to open, high end | $721K | $597K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 136 | 18 | 21 |
| Shares earnings figures | Yes | 76 of 101 | 2,147 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
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 41 (+30) | 19 | +30 | 0 |
| 2022 | 78 (+37) | 19 | +38 | −1 |
| 2023 | 117 (+39) | 19 | +40 | −1 |
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: JII Franchise Group, LLC, 2024 filing, page 64
Where Jeremiah's Italian Ice locations are
At the end of 2023, Jeremiah's Italian Ice had locations in 11 states. The most are in Florida, Texas and Georgia.
- Florida67
- Texas26
- Georgia13
- North Carolina9
- Arizona6
- South Carolina4
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 48 | 19 | 67 |
| Texas | 26 | 0 | 26 |
| Georgia | 13 | 0 | 13 |
| North Carolina | 9 | 0 | 9 |
| Arizona | 6 | 0 | 6 |
| South Carolina | 4 | 0 | 4 |
| Tennessee | 4 | 0 | 4 |
| Alabama | 3 | 0 | 3 |
| Louisiana | 2 | 0 | 2 |
| Colorado | 1 | 0 | 1 |
All 11 states
| Nevada | 1 |
|---|
Source: JII Franchise Group, LLC, 2024 filing, page 65
Who owns Jeremiah's Italian Ice?
Jeremiah's Italian Ice franchises are sold by JII Franchise Group, LLC.
From JII Franchise Group, LLC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| 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: JII Franchise Group, LLC, 2024 filing, litigation on page 9, bankruptcy on page 9
Jeremiah's Italian Ice filings
The figures on this page come from JII Franchise Group, LLC’s 2024 filing, issued May 16, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | May 16, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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