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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$113K - $246K
Units as of 2019
173 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
Founded
2003
Parent Company
Ice House America
Leadership
Troy Doom, CEO

Franchising Overview

Franchising Since
2012 (9 years)
# of employees at HQ
30
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
173 (as of 2019)

Franchisor Information

Corporate Address
13901 Sutton Park Dr. S., Bldg. A, #100
Jacksonville, FL 32224

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
$7,000
Initial Investment
$113,050 - $245,650
Net Worth Requirement
$50,000 - $200,000
Cash Requirement
$25,000 - $75,000
Veteran Incentives
50% off franchise fee, first-year royalties waived
Royalty Fee
to 6%
Ad Royalty Fee
to 1%
Term of Agreement
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
Additional Training
At corporate manufacturing plant
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?
Yes
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

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

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021