Kona Ice Ranked on Entrepreneur Magazine’s Fastest Growing Franchise
Mobile Shaved Ice Truck Franchise Recognized for Its Growth Worldwide
March 30, 2021 // Franchising.com // FLORENCE, Ky. - Kona Ice announced today that it has been named to Entrepreneur magazine’s Fastest-Growing Franchise list for the nineth year in a row. This year, Kona Ice ranked as No. 16 in the U.S. and Canada and No. 22 Worldwide.
Franchises on this list are ranked based on the net total of units added globally (both franchised and company-owned) with ties broken based on percentage growth. 2021 marks the first year that the ranking is based on systemwide growth, in recognition of the increasingly global nature of franchising. Kona Ice’s position in the Fastest-Growing Franchises ranking is evidence of the strength and appeal of its concept, even during challenging times.
“2020 was a challenging year, but it also was a productive and innovative year for us as well,” said Tony Lamb, CEO and founder of Kona Ice. “It is an honor to be recognized by Entrepreneur for the nineth year in a row. The momentum behind our brand is stronger than ever before and we have our franchisees to thank for their optimism and trust and commitment to helping us grow.”
The recognition received by Kona Ice highlights the expansion made by the company from July 2019 to July 2020.
"Nothing can stop the smartest franchises from growing - not even a pandemic!” says Jason Feifer, Entrepreneur’s editor-in-chief. “We've been impressed with how innovative franchises have pivoted and adapted this past year, and are happy to celebrate the ones who keep pushing forward and growing."
Bringing tropical tunes and cups of shaved ice everywhere it stops, Kona Ice offers its distinctive blend of entertainment and gourmet frozen treats across 49 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 $82 million to community-based organizations since its launch in June 2007.
Entrepreneurially spirited individuals interested in owning a Kona Ice franchise should have the ability to invest $127,750 – $151,550, which includes working capital and a typical franchise fee of $20,000.
To view Kona Ice in the full ranking, visit: www.entrepreneur.com/franchises/fastestgrowing.
To learn more about Kona Ice, visit: www.Kona-Ice.com.
For more information about available franchise opportunities, visit: www.ownakona.com.
About Kona Ice
A true community ally renowned for facilitating endless fundraising options, Kona Ice has given more than $82 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 49 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 42 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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