Not Ranked

Initial Investment

LOW: $27,095
HIGH: $213,500

Change in Units

+0.6% +1 UNITS (1 Year)
+7.6% +12 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2003

Franchising Since

2012 (4 Years)

Corporate Address

1597 The Greens Wy. Jacksonville Beach, FL 32250

CEO

Troy Doom

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.

Financials

Financial Requirements

Initial Investment

$27,095 - $213,500

Net-worth Requirement

$50,000 - $200,000

Liquid Cash Requirement

$25,000 - $50,000

Ongoing Fees

Initial Franchise Fee

$1,000 - $5,000

Ongoing Royalty Fee

to 6%

Ad Royalty Fee

to 1%

Financing Options

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

Veteran Incentives


50% off franchise fee, first-year royalties waived

Franchise 500® Rank History

  • 2014 - 489

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 1 day

Additional Training: At corporate manufacturing plant

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: May 18th, 2016

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Previous Years Rankings

2016 2015 2014 2013 2012