IceBorn

Ice and water vending machines

2023 Franchise 500 Rank: N/R Not ranked last year

See the Full List

Initial investment: $113K - $246K

Units as of 2019: 173 4.8% over 3 years

Jump to Franchising Overview

Company Overview

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.

About IceBorn

Industry	Food
Related Categories	Miscellaneous Food/Beverage Businesses, Miscellaneous Services
Founded	2003
Parent Company	Ice House America
Leadership	Troy Doom, CEO
Corporate Address	13901 Sutton Park Dr. S., Bldg. A, #100 Jacksonville, FL 32224
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	2012 (11 years)
# of employees at HQ	30
Where seeking	This company is offering new franchisees in the following US states:
# of Units	173 (as of 2019)

Information for Franchisees

Here's what you need to know if you're interested in opening a IceBorn franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$7,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$113,050 - $245,650
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$50,000 - $200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$25,000 - $75,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	50% off franchise fee, first-year royalties waived
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	to 6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	to 1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	IceBorn has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	12.5 hours
Classroom Training	15.5 hours
Ongoing Support	Grand Opening Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes

Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where IceBorn landed on this year's Franchise 500 Ranking versus previous years.

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to IceBorn.

PJ's Coffee of New Orleans

description: Coffee, tea, pastries, sandwiches, salads

Request Info

Goosehead Insurance

description: Property and casualty insurance

Learn More

Signal

description: Private security guard and patrol services

Learn More

Row House

description: Indoor rowing classes

Request Info

These Franchises Are Big-Time Earners Right Now, and They're Fun!

From yummy beverages and meal delivery kits to sports and science, these are the hottest franchise categories.

By Kim Kavin

Franchise

He Used To Train Horses. Now His Business Does $11 Million In Annual Revenue.

To become Floor Coverings International top franchisee, Jeffrey Bell had to learn to delegate.

By Kim Kavin

Franchise

The New Joint Employer Rule Will Crush Franchising As We Know It. Here's What You Can Do to Protect Your Business.

Here's how the NLRB's new Joint Employer Rule redefines the franchisor-franchisee relationship and will alter the $825 billion franchising landscape.

By Carl Stoffers

Franchise

She Was Afraid of Her Company Becoming the 'McDonald's of Mental Healthcare' Until She Realized This

Erin Pash discovered that franchising offered the best of both worlds for therapy practices.

By Carl Stoffers

Franchise

He Opened a Pizza Restaurant to Serve the Native American Community. It Was So Successful He's Opening 20 More.

Dennis Johnson thought that Bemidji, Minnesota needed a place for the surrounding tribes to work, and hang out. He was right.

By Carl Stoffers

Franchise

These Are the 10 Hottest Franchise Categories For 2024

Based on the trends, we're predicting which categories will be all the rage in 2024. Check out the list.

By Tracy Stapp Herold

See more franchise content

Disclaimer

The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.

Updated: December 12th, 2022

For reprints and licensing questions, click here.

Update Your Listing | Submit New Listing

IceBorn

Company Overview

About IceBorn

Business Overview

Information for Franchisees

Financial Requirements & Ongoing Fees

Financing Options

Training & Support Offered

Operations

Franchise 500 Ranking History

Sign Up for Our Franchise Newsletter

Related Franchises

Related Franchise Content