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IceBorn

2014 Franchise 500
#489
At a Glance

Products & Services: Ice and water vending machines

Number of Locations: 175

Total Investment: $27.1K - $205.5K

Founded: 2003

Began Franchising: 2012

About IceBorn

IceBorn began franchising in 2012, but parent company Ice House America has been manufacturing and operating automated ice and water vending machines since 2003. The machines are available in a variety of sizes, and franchisees typically place them in retail center parking lots. The company's SmartIce app allows franchisees to monitor their machines remotely from a smartphone or computer.

Franchise Units

Year U.S. Canadian International Company Owned
2014 30 0 0 145
2013 11 0 0 134
2012 0 0 0 132
2011 N/A N/A N/A 116
2010 N/A N/A N/A 100
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Central America, Mexico, South America.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $27,095 - $205,500
Franchise Fee: $1,000 - $5,000
Ongoing Royalty Fee: to 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 50% off franchise fee, first-year royalties waived
Financial Requirements
Net Worth: $50,000 - $200,000
Liquid Cash Available: $0 - $50,000
Operations
Franchise can be run from home. Absentee ownership of franchise is allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 day. At corporate manufacturing plant : 2 days.

Franchise Ranking History

Franchise 500®: #489 (2014),
Low-Cost: #91 (2014),
Top New: #57 (2014),

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