Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Initial Investment

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

Change in Units

+5.1% +8 UNITS (1 Year)
+13.8% +20 UNITS (3 Years)

Company Profile

Founded

2003

Franchising Since

2012 (5 Years)

Corporate Address

1597 The Greens Wy. Jacksonville Beach, FL 32250

CEO

Troy Doom

Parent Company

Ice House America

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

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 Onsite: 1 day

Training at headquarters: 2 days

Additional Training: At corporate manufacturing plant

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Related Franchises

Related Articles

9 Ways You Can Build a Strong Franchise Community

9 Ways You Can Build a Strong Franchise Community

You need a strong network of people all working hard to make your franchise a success. Find out what you can do to inspire those people.
Rick Grossmann
Burger Kings in Israel Will Offer Adult Happy Meals With Sex Toys Today

Burger Kings in Israel Will Offer Adult Happy Meals With Sex Toys Today

When you think of romance, think of...Burger King?
Rose Leadem
3 Big Ways Technology Transformed a Booming Franchise

3 Big Ways Technology Transformed a Booming Franchise

In order to get a competitive edge, Anytime Fitness embraced advancements in tech and is reaping the rewards.
Entrepreneur Partner Studio Staff
The 8 Things You Need to Know If You Think You're Ready to Turn Your Business Into a Franchise

The 8 Things You Need to Know If You Think You're Ready to Turn Your Business Into a Franchise

Are you ready to take your already successful business model and duplicate it as a franchise? Here are some final considerations to mull over as you get ready to choose the road for expanding your business.
Rick Grossmann
10 Weird, Funny, Sweet and Out-There Valentine's Day Promotions For Singles and Couples

10 Weird, Funny, Sweet and Out-There Valentine's Day Promotions For Singles and Couples

Hooters has free wings for singles. We're not kidding.
Rose Leadem

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: September 9th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012