Sloan's franchise
2022 filing · March 17, 2022Fewer locationsShares sales figures
Sloan's at a glance
An ice cream and candy store with a playful, colorful interior and baked goods and gifts. At the end of 2021 there were 10 Sloan's locations in the US, 4 franchised and 6 company-owned, so most are run by the company itself.
The business
- Franchisor
- Sloan's Franchise LLC
- The company that sells the franchises
- Franchising since
- 2012
- 10 years of selling franchises
- Franchisor based in
- West Palm Beach, Florida
What you pay
- Cost to open
- $705K–$1.24M
- A Traditional store
- Franchise fee
- $40,000
- $32,000 for each additional store
- Royalty
- 6%
- 6% of gross sales, paid weekly
- Brand fund
- 1%
- 1% of gross sales, paid weekly
- Agreement length
- 5 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 10
- Franchised and company-owned
- Franchised
- 4
- Company-owned
- 6
- Change in 3 years
- −1
- Franchised locations, 2019–2021
- States
- 3
- Most in Florida, California and Nevada
From Sloan's Franchise LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Sloan's among all franchises with the same figure.
| Figure | Sloan's | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $969,859 | Costs more than 82% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 10 | Fewer than 61% of franchises |
How much a Sloan's franchise costs
Opening a Traditional store costs an estimated $704,607 to $1,235,110. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($245,780 to $473,770) and furniture, fixtures & equipment ($319,227 to $400,840). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| To Be Made Franchise Fee | $40,000 | ||
| Real Estate/Rent | $6,875 | $50,000 | |
| Utility Deposits | $1,000 | $2,000 | |
| Leasehold Improvements | $245,780 | $473,770 | |
| Insurance | $1,000 | $7,600 | |
| Office Equipment & Supplies | $3,500 | $5,500 | |
| Training | $2,500 | $10,000 | |
| Signage | $6,500 | $8,500 | |
| Computers and Software | $6,000 | $8,000 | |
| Furniture, Fixtures & Equipment | $319,227 | $400,840 | |
| Initial Inventory | $40,000 | $60,000 | |
| Grand Opening | $0 | $10,000 | |
| Licenses & Permits | $600 | $900 | |
| Legal & Accounting | $6,000 | $8,000 | |
| Additional Funds (3months) | $25,625 | $150,000 | |
| Total | $704,607 | $1,235,110 | |
Source: Sloan's Franchise LLC, 2022 filing, page 14
Sloan's franchise fee
The franchise fee is $40,000, $32,000 for each additional store. You pay it when you sign the franchise agreement.
Source: Sloan's Franchise LLC, 2022 filing, page 9
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly. |
| Transfer Fee | $10,000 |
| Substitute or New Manager Training/Additional Training | Currently, $500 per day, plus your expenses in attending |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Sloan's Franchise LLC, 2022 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Sloan's publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Sloan's Franchise LLC, 2022 filing, page 44
- Estimate Estimated yearly sales per location
- $610K–$1.1M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Sloan's franchisees
Lenders approved 2 SBA 7(a) loans for Sloan's franchisees in 2026, $1.33M 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
Growth and closures
Share of franchised locations, 2021 / 2019–2021. Typical means the median: half of brands are above it, half below.
| Measure | Sloan's | Typical ice cream brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +33% / −20% | +6.2% / +18% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 40% | 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 Sloan's compares
Of the 101 ice cream franchises on this site, Sloan's is the 94th cheapest to open and the 61st largest by number of locations.
| Figure | Sloan's | Typical ice cream brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $705K | $285K | $222K |
| Cost to open, high end | $1.24M | $597K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 10 | 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 |
|---|---|---|---|---|
| 2019 | 4 (−1) | 6 | 0 | −1 |
| 2020 | 3 (−1) | 6 | 0 | −1 |
| 2021 | 4 (+1) | 6 | +1 | 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: ice cream franchise costs and franchise failure rates.
Source: Sloan's Franchise LLC, 2022 filing, page 47
Where Sloan's locations are
At the end of 2021, Sloan's had locations in 3 states. The most are in Florida, California and Nevada.
- Florida8
- California1
- Nevada1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 4 | 4 | 8 |
| California | 0 | 1 | 1 |
| Nevada | 0 | 1 | 1 |
Source: Sloan's Franchise LLC, 2022 filing, page 47
Who owns Sloan's?
Sloan's franchises are sold by Sloan's Franchise LLC. Its filing names no parent company.
From Sloan's Franchise LLC’s 2022 filing, page 7.
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: Sloan's Franchise LLC, 2022 filing, litigation on page 9, bankruptcy on page 9
Sloan's filings
The figures on this page come from Sloan's Franchise LLC’s 2022 filing, issued March 17, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | March 17, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other ice cream franchises
All ice cream franchises
Sloan's is also on these lists: retail franchises, food franchises.