Kona Ice Ranked in Entrepreneur Magazine’s “Top Franchises for Less Than $150,000” List
Mobile Shaved Ice Truck Ranked as a Leading Low-Cost Franchise Investment
May 22, 2019 // Franchising.com // FLORENCE, Ky. - Kona Ice announced today that it has been ranked in Entrepreneur’s “Top Franchises for Less Than 150,000” list. Notably, the brand was rated number 13 on the prestigious list of strategic franchise investments.
Entrepreneur’s franchise industry analysts compile the list based on scores received on the Franchise 500 evaluation, which analyzes more than 150 data points in the categories of costs and fees, size and growth, franchisee support, brand strength and financial strength and stability. Kona Ice’s ranking on the list is a testament to its strength as a franchise opportunity and position as a leading investment in its price segment.
“Being named to this esteemed list is a proud moment for us,” said Tony Lamb, founder and CEO of Kona Ice. “We’re proud to be ranked as a leading low-cost franchise investment.” “Just last year we added 175 trucks, now operating close to 1,100 since our launch in June 2007.” Our hard work to make our franchise opportunity appealing and rewarding to franchisees continues to pay off.”
Bringing tropical tunes and cups of shaved ice everywhere it stops, Kona Ice offers its distinctive blend of entertainment and gourmet frozen treats across 47 states. Equally as appealing as the icy treats that the brand offers is its philanthropic commitment in the communities it serves. Nationwide, Kona Ice has donated more than $62 million to community-based organizations since the launch in June 2007.
Providing entrepreneurs interested in investing in the franchise a full suite of support services ranging from initial and ongoing training to sales and marketing programs, the Kona Ice investment ranges in price from $117,650 – $135,925. An initial franchisee fee of $20,000 is required, and finance programs are in place to support qualified entrepreneurs in their Kona Ice investment.
To view Kona Ice in the full Entrepreneur ranking, visit: https://www.entrepreneur.com/article/332363.
About Kona Ice
A true community ally renowned for facilitating endless fundraising options, Kona Ice has given $62 million back to neighborhood schools, organizations and teams since its inception in 2007. The brand's iconic truck offers customers a one-of-a-kind experience, featuring the opportunity to create their own shaved ice on the self-serve Flavorwave™, while enjoying the soothing sights and sounds from the tropics. Currently, there are 1,000-plus franchise units in more than 47 states.
For more information about booking Kona Ice for a fundraiser or event, visit www.kona-ice.com. To learn more about available franchise opportunities, visit www.ownakona.com or call (800) KONAICE.
About Entrepreneur Media Inc.
For 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit entrepreneur.com.
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