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Dippin' Dots

Dippin' Dots

The total investment to open a Dippin' Dots franchise ranges from $79,349 to $398,650. The initial franchise fee is $35,000. Ongoing royalties are 6% plus a 2% advertising fee.

What is the Dippin' Dots franchise?

Dippin Dots began when microbiologist Curt Jones flash froze the first beaded pellet in his Lexington, Kentucky laboratory in 1988. He adapted industrial cryogenic technology, including liquid nitrogen methods used in agricultural and biomedical research, to create a product that competitors have not fully replicated at scale. The company is headquartered in Paducah, Kentucky, and has grown to more than 22,000 points of access across the United States and more than a dozen countries, including Japan, South Korea, the Philippines, Australia, Canada, Chile, Taiwan, Vietnam, Oman, China, Russia, Honduras, and Luxembourg. Its international debut came in Japan in 1995, and by 2002 the brand operated at more than 2,000 locations across North America, Europe, and Asia. After filing for bankruptcy in 2011, Dippin Dots was acquired by Scott Fischer of Fischer Capital in 2012 for $12.9 million. In 2022, J&J Snack Foods Corp., traded on NASDAQ under JJSF, acquired Dippin Dots and Doc Popcorn for a combined $222 million. As of 2025, the system reports 260 total units, all owned by franchisees. The brand has been called "the ice cream of the future" since its founding and remains differentiated in the frozen dessert category.

Frozen desserts are part of the broader $97 billion U.S. foodservice market. Specialty and experiential ice cream concepts have benefited from consumer demand for premium products that feel unique, shareable, or connected to an activity. Dippin Dots fits that demand through its unusual texture, novelty, and presence in entertainment venues. Amusement parks, stadiums, movie theaters, and family entertainment centers provide high traffic and support premium pricing. The live events and entertainment economy in the United States generates hundreds of billions in annual consumer spending. Specialty frozen dessert competition remains fragmented locally and regionally, while venue based operators face fewer direct substitutes. Dippin Dots acquired gourmet popcorn franchisor Doc Popcorn in 2014, creating co branding and co location opportunities. The post pandemic recovery in out of home entertainment spending also supports the venue formats central to the brand's distribution strategy.

Reported initial franchise fees include $35,000 and $15,000, depending on the disclosure period, format, or territory structure. Buyers should confirm the applicable amount in the current Franchise Disclosure Document. The 2025 and 2026 Franchise Disclosure Documents report total initial investment from approximately $79,000 to $399,000. Independent estimates listed $119,704 to $366,950 in 2023, $120,000 to $367,000 in a 2026 estimate, and $112,204 to $366,950 in another analysis. Lower investment formats include mobile carts and kiosks, while the upper range can reflect inline locations, co branded Dippin Dots and Doc Popcorn units, construction, permitting, and equipment costs. Comparable experiential dessert concepts can exceed $400,000 to $600,000 after real estate, equipment, and working capital. J&J Snack Foods Corp. has relationships with national food service distributors and major venue operators, which may support product procurement. Buyers should review SBA eligibility for their selected format, including possible SBA 7(a) or SBA 504 financing.

The system offers mobile carts, kiosks, inline retail locations, and co branded Dippin Dots and Doc Popcorn units. Mobile formats typically require one to two staff members per shift, while larger inline locations may require three to five, based on traffic and venue size. Corporate training covers product handling, cryogenic storage, point of sale operations, customer engagement, and format specific procedures. Since 2022, J&J Snack Foods Corp. has provided the parent company infrastructure supporting onboarding and field operations. Territory and exclusivity terms appear in the Franchise Disclosure Document, with venue and event formats requiring close review of geographic scope. Multi unit development is available, and carts and kiosks can require less capital than larger food concepts. Dippin Dots products rely on proprietary cryogenic manufacturing that franchisees cannot reproduce independently, supporting consistency and limiting product level competition.

Buyers should seek audited financial information through other sources, speak with franchisees about unit economics, and review J&J Snack Foods Corp. SEC filings, which the NASDAQ listed parent produces quarterly and annually. Dippin Dots supports premium pricing through product differentiation.

Dippin Dots emerged from its 2011 bankruptcy with new ownership and expanded distribution. J&J Snack Foods Corp.'s $222 million acquisition in 2022 added capital resources, distribution infrastructure, and snack and beverage operating experience. Scott Fischer acquired the brand for $12.9 million in 2012, served as President from 2012, and became CEO in 2018. As of December 2018, Dippin Dots and Doc Popcorn operated in 11 countries, with other reports citing as many as 14. The company opened its own warehouse and distribution network in China, opened five Shanghai locations in 2018, planned five more before year end, and targeted Beijing and Chinese international amusement parks for 2019. It projected doubling year over year international revenue growth for each of the five years after that announcement. In the United States, Dippin Dots was present in approximately 25% of movie theater locations, leaving a stated three to one whitespace opportunity. Family entertainment centers were another expansion target. The cryogenic process has supported a product moat across more than 35 years because no competitor has replicated it at commercial scale.

The strongest candidate may have experience with high volume customer service, cryogenic product storage and handling, and relationships with venue operators, event promoters, or entertainment facilities. Background in sports, entertainment, tourism, or events may help an operator secure locations more quickly. Cart and kiosk formats can support multi unit development with lower per unit capital requirements than full service restaurants. Available territories should be confirmed with the Dippin Dots franchising team because rights may center on facilities, events, or market zones rather than a standard geographic radius. The current Franchise Disclosure Document sets out the agreement term and renewal provisions. Buyers should review renewal conditions, transfer rights, and any right of first refusal with a franchise attorney. Opening time depends on the format. Mobile carts may deploy faster than inline locations, which require permitting, construction, and equipment installation that vary by jurisdiction and venue.

Dippin Dots offers a distinctive franchise concept built around proprietary technology, J&J Snack Foods Corp. ownership, more than 35 years of brand recognition, and formats ranging from approximately $79,000 to $399,000. Its PeerSense Loan Activity Score is 43, rated Fair, so buyers should conduct independent research before making a decision. PeerSense provides due diligence data that includes SBA lending history, the Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for investment level, unit count trajectory, royalty structure, and financial disclosure practices. Buyers can use that information to compare Dippin Dots with experiential frozen dessert and specialty food concepts and assess cost, revenue potential, and risk.

Loan Activity Score

43/100

SBA Default Rate

11.1%

Active Lenders

15

According to its Franchise Disclosure Document or public business records, Dippin' Dots has 260 locations, all owned by franchisees. Public SBA loan records show 15 lenders made 18 loans to franchisees of Dippin' Dots. PeerSense calculates Dippin' Dots's score as 43 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.

Franchising since 2022 · 260 locations

Investment

$79,349 to $398,650

Franchise Fee

$35,000

Total Units

260

260 franchised

Loan Activity Score
Medium
43
SBA Lending
17
Lender Quality
9
Transparency
7
Reach
7
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
15SBA lenders

Distinct lenders in public SBA records for Dippin' Dots

18

Total SBA loans

$162K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Dippin' Dots

Loan Activity Score Breakdown

Growing (10 to 24 loans)

Medium Confidence
43out of 100
Fair
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety17/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency7/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

11.1%

vs 10.3% peer avg

SBA Loans

18

Total Volume

$2.9M

Active Lenders

15

1 selective

States

10

vs. SBA Sector Average

-0.8%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Item 19 financial data disclosed
260 locations nationwide

Data Insights

Key performance metrics for Dippin' Dots based on SBA lending data

SBA Default Rate

11.1%

0.8% above peer avg

SBA Loan Volume

18 loans

Across 15 lenders

Lender Diversity

15 lenders

Avg 1.2 loans per lender

Investment Tier

Mid range investment

$79,349 to $398,650 total

Dippin' Dots: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2025

3 approvals. The best year on record for Dippin' Dots.

Top SBA State

Kentucky

2 SBA financed Dippin' Dots locations, the densest operator footprint.

Average Loan Size

$699K

Median $722K. Use as a sizing anchor when modeling your own Dippin' Dots unit.

Lender Concentration

80%

Concentrated

Share of Dippin' Dots approvals captured by the top 3 SBA lenders.

Dippin' Dots's SBA lending pipeline peaked in 2025 (3 approvals). The last five fiscal years account for 17% of cumulative volume ($2.0M approved). Operator density is highest in Kentucky with 2 SBA financed locations. Average funded ticket sits at $699K, with the median at $722K. Lender mix is concentrated: the top three SBA lenders account for 80% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$63K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$821

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Dippin' Dots, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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4 FDDs Available for Dippin' Dots

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.

Dippin' Dots

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman

This is not a franchise offering and does not constitute financial, investment, or legal advice. Data is sourced from Franchise Disclosure Documents (FDDs), public filings, and third party sources and may contain inaccuracies. The figures reflect the FDD on file for the year shown and may have been superseded or extracted with errors. PeerSense is not a financial advisor, attorney, or accountant. Always consult the brand's current FDD and seek professional guidance from a qualified attorney, accountant, or financial advisor before making any franchise investment decision. See full Terms & Conditions.