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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$113K - $246K
Units as of 2019
173 Increase 4.8% over 3 years

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 Information Circle
$7,000
Initial Investment Information Circle
$113,050 - $245,650
Net Worth Requirement Information Circle
$50,000 - $200,000
Cash Requirement Information Circle
$25,000 - $75,000
Veteran Incentives Information Circle
50% off franchise fee, first-year royalties waived
Royalty Fee Information Circle
to 6%
Ad Royalty Fee Information Circle
to 1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

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

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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