For what reason was Kona Ice franchise positioned Overall Franchise in Entrepreneur Magazine or significantly more critically, Highest in Franchisee Satisfaction by TWO separate agencies? We figure we may know why. What’s more, the best part is that we can have you ready for action in 30 days or less!
Kona Ice organizations give seasoned shaved ice, Ice cream, and related items to the overall population in a mobile domain, which includes the franchisor’s proprietary Kona Ice truck, known as the Kona Entertainment Vehicle (KEV).
The franchisor offers establishments for the utilization of its “Kona Ice” trademarks, trade names, service marks, and logos for the activity of Kona Ice Businesses.
In 2007, Kona Ice was founded by Tony Lamb. Lamb is Kona Ice’s CEO. It was the fastest-growing franchise in the United States.
#1. Kona Ice Franchise Opportunities
You have more effect full Kona ice franchise opportunities to start Kona ice business.
- No land costs
- Single individual activity per unit
- Multi-unit expandability
- Completely contained and totally portable
- Unbelievable franchisee purchasing power
Why Kona ice is a more successful business?
- Incredibly Low Overhead
- Ensured Territory
- All year Opportunities
- Network Involvement
- Unrivalled Corporate Support and Marketing
#2. Kona Ice Franchise Cost
1. Kona Ice Franchise Cost :
| Estimated Investment Cost | ||
| Name of Fee | Low | High |
| Initial Franchise Fee | $15,000 | $15,000 |
| Truck and Installed Equipment | $102,650 | $102.650 |
| kona ice franchise Training Expenses | $200 | $500 |
| Truck Delivery | $500 | $3,000 |
| Truck Compliance Fee | $0 | $5,000 |
| Truck Insurance for 3 Months | $450 | $1,200 |
| Tax, Title, and Licensing of Truck | $2,000 | $6,000 |
| Initial Inventory | $5,500 | $5,500 |
| Optional Inventory | $0 | $500 |
| Permits and Licenses | $250 | $1,500 |
| Real Estate or Truck Storage | $0 | $1,200 |
| Computer System and Hardware | $200 | $1,000 |
| Additional Funds (3 months) | $1,000 | $8,500 |
| ESTIMATED TOTAL | $127,750 | $151,550 |
Other Fee/Cost
| Type of Fee | Amount |
| kona ice franchise Royalty | $3,000 annually for the first 5 years, $3,500 for the next 2 years, and $4,000 for the remaining 3 years. |
| Additional Equipment Royalty | Varies based on the type of Additional Equipment (currently $600 to $2,000 per year). |
| Territory Reservation Fee | $10,000 per territory. |
| Territory Infringement Fee | $1,000 plus invoice amount for the first violation; $5,000 plus invoice amount for second and subsequent violations. |
| Change of Territory Fee | $1,000 |
| Territory Relocation Fee | $2,500 |
| Marketing Fund | Currently $500 per year. |
| Additional Training | Then current fee (currently approximately $0). |
| Kona Email Address Fee | $60 per e-mail address per year. |
| Customer Satisfaction Reimbursement | Varies under circumstances. |
| kona ice franchise Non-Compliance Fee | $1,000 for the first violation; $5,000 if violation is not corrected within 30 days; $5,000 for the second violation. |
| Misappropriated Success Guide Fee | Will vary under the circumstances. |
| Payment Service Fees | Up to 3% of the total charge. |
| Late Fees | $25 per day, plus the lesser of the daily equivalent of 12% per year simple interest or the highest rate allowed by law. |
| Returned Check or Insufficient Funds Fee | $100 |
| Indemnification | Will vary under the circumstances. |
| Professional Fees and Expenses | Varies under the circumstances. |
| Renewal Franchise Fee | $5,000 |
| kona ice franchise Transfer Fee | $5,000 |
| Ancillary Transfer Fee | $500 |
| KEV Remodel or KEV Upgrades | $0 – $15,000 |
| Mystery Shopper Fee | $1,000 per occurrence. |
| Broker Fee | $5,000 if franchisees transfer their business to a prospect that came from KII or KII’s cost of the brokerage commissions, finder’s fees, or similar charges. |
| Management Fee | $250 per day, plus costs and expenses. |
#3. Kona Ice Franchise For Sale
Kona ice franchise for sale At the point when you choose you to need to go into business, we understand that you would prefer not to hold up a very long time to make that fantasy a reality. Kona ice ensures that you can make a profit in 30-60 days of your deposited.
Once you join the kona ice, you will get the world’s support and marketing from Kona corporate. With a simple business model and entrepreneur items, and you’re destined is starting to success.