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Hokulia Shave Ice

Hokulia Shave Ice

4 locations

The total investment to open a Hokulia Shave Ice franchise ranges from $31,000 - $170,260. Hokulia Shave Ice currently operates 4 locations (4 franchised). The top SBA 7(a) lenders for Hokulia Shave Ice are Zions Bank, A Division of, The Huntington National Bank and Central Bank. PeerSense FPI health score: 31/100.

Investment

$31,000 - $170,260

Total Units

4

4 franchised

FPI Score
Medium
31

Proprietary PeerSense metric

Limited
Capital Partners
4lenders available

Active capital sources verified for Hokulia Shave Ice financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
31out of 100
Limited

SBA Lending Performance

SBA Default Rate

16.7%

1 of 6 loans charged off

SBA Loans

6

Total Volume

$0.6M

Active Lenders

4

States

3

Top SBA Lenders for Hokulia Shave Ice

What is the Hokulia Shave Ice franchise?

Hokulia Shave Ice franchise presents a compelling opportunity within the vibrant and consistently growing snack and nonalcoholic beverage bars sector, carving out a distinct niche with its authentic Hawaiian shave ice experience. Established with a commitment to delivering a taste of the islands, this brand has meticulously cultivated an identity rooted in premium quality and a memorable customer experience, distinguishing itself in a competitive market. The core offering, genuine Hawaiian shave ice, is meticulously crafted using specific techniques and high-quality ingredients, ensuring a product that transcends mere crushed ice to become a delightful, textural treat. This dedication to authenticity is a cornerstone of the Hokulia Shave Ice franchise appeal, attracting consumers seeking unique and refreshing dessert options that evoke a sense of tropical escape. The brand’s headquarters in Lehi, Utah, serves as the central hub for its operational philosophy, emphasizing consistency across its growing network of locations. With a current footprint comprising six total units, the Hokulia Shave Ice franchise is positioned as an emerging player with significant potential for expansion, offering early-stage investors the chance to grow with a brand that has a clear vision and a beloved product. The emphasis on a unique product offering, combined with a strong brand narrative, allows the Hokulia Shave Ice franchise to create a differentiated experience for its patrons, fostering loyalty and repeat business. The simplicity of the product, yet its capacity for extensive customization with a wide array of flavors and toppings, caters to a broad demographic, from families seeking a refreshing treat to individuals looking for a novel dessert experience. This focus on a specialized, high-quality product, delivered within a welcoming and engaging environment, underpins the brand’s market position and its strategy for sustainable growth in the dynamic food service industry. The brand’s commitment extends beyond the product itself to encompass the overall customer interaction, striving to imbue each visit with the warmth and hospitality characteristic of Hawaiian culture, thereby enriching the value proposition for every Hokulia Shave Ice franchise operator and their customers.

The industry landscape for Snack and Nonalcoholic Beverage Bars, the category where the Hokulia Shave Ice franchise operates, is characterized by its remarkable resilience and consistent growth, even amidst broader economic fluctuations. Consumers consistently demonstrate a strong demand for convenient, enjoyable, and often indulgent treat options, making this sector a perpetual attractive segment within the broader food service economy. The market has seen a sustained trend towards unique and specialized offerings, moving beyond generic fast food to embrace concepts that provide a distinct experience or a premium product. Shave ice, as a specialized dessert, perfectly aligns with this consumer preference for novelty and authenticity. The nonalcoholic beverage segment, which includes various refreshing drinks and specialty treats, has demonstrated robust performance over the past decade, with annual revenues often showing steady increases year over year across the United States and Canada, reflecting a widespread cultural appreciation for sweet and refreshing indulgences. Seasonal factors naturally influence demand for cold treats like shave ice, with peak sales typically observed during warmer months, from late spring through early autumn; however, strategic locations and menu diversification can extend appeal throughout the year, capitalizing on year-round events or indoor mall traffic. The rise of experiential dining, where the atmosphere and the story behind the food are as important as the taste, further benefits concepts like the Hokulia Shave Ice franchise, which inherently offers a cultural experience. Despite the presence of numerous competitors in the broader dessert and snack market, the specific niche of authentic Hawaiian shave ice remains less saturated, presenting a significant opportunity for focused growth. Market data consistently indicates that consumers are willing to spend on affordable luxuries and treats, especially those perceived as high-quality or unique. The sector's inherent flexibility, allowing for various operational formats from small kiosks to dedicated storefronts, further contributes to its attractiveness for entrepreneurs. The ongoing consumer interest in customizable food and beverage options, where patrons can create their own flavor combinations, perfectly complements the shave ice model, enhancing customer engagement and satisfaction across all Hokulia Shave Ice franchise locations.

The financial investment required to launch a Hokulia Shave Ice franchise demonstrates a broad range, accommodating various business models and market entry strategies, with the total investment spanning from $31,000 to $170,260. This significant range is reflective of the flexibility offered to prospective franchisees, allowing for different scales of operation, from a compact mobile unit or kiosk to a more substantial permanent storefront. The specific components of this investment typically encompass the initial franchise fee, costs associated with specialized equipment, necessary leasehold improvements or vehicle customization, initial inventory of ingredients and supplies, a point-of-sale (POS) system, marketing expenses for the grand opening, and crucial working capital for the initial months of operation. For operators considering a streamlined approach, such as a mobile cart or a small kiosk in a high-traffic area, the lower end of the investment spectrum, closer to the $31,000 mark, becomes a highly accessible entry point into the food service industry. This affordability positions the Hokulia Shave Ice franchise as an attractive option for first-time entrepreneurs or those seeking to diversify their existing business portfolio without committing to the extensive capital requirements often associated with full-service restaurants. Conversely, the upper end of the investment range, reaching up to $170,260, typically accounts for more comprehensive build-outs, perhaps for a prime retail location with extensive interior design, seating, and a broader menu beyond just shave ice, potentially including other complementary Hawaiian-themed snacks or beverages. This flexibility allows franchisees to tailor their investment to their specific financial capacity and strategic market objectives. Critical equipment for a shave ice operation includes industrial-grade ice shavers capable of producing the fine, snow-like texture that defines authentic Hawaiian shave ice, specialized flavor dispensers, refrigeration units, and necessary serving ware. The initial inventory typically involves a diverse selection of high-quality syrups, fresh fruit toppings, and other complementary ingredients to ensure a rich and varied customer offering from day one. Additionally, an allocation for marketing and promotional activities during the crucial opening phase is essential to build initial brand awareness and drive customer traffic to the new Hokulia Shave Ice franchise location.

The operating model and support system for a Hokulia Shave Ice franchise are structured to provide comprehensive assistance to franchisees, ensuring consistency in product quality and customer experience across all six units and future expansions. Franchisees benefit from a well-defined operational framework designed to simplify the day-to-day management of a specialized snack bar. This includes access to proprietary operational manuals that detail every aspect of the business, from ingredient sourcing and preparation techniques for the authentic shave ice to customer service protocols and cleanliness standards. Training is a cornerstone of the support system, typically involving an intensive initial program for new franchisees and their key personnel, covering product knowledge, operational procedures, sales techniques, and effective business management strategies. This initial training is often supplemented with ongoing support, including refresher courses, webinars, and field visits from corporate representatives, all aimed at fostering continuous improvement and addressing specific operational challenges. Supply chain management is another critical area where the Hokulia Shave Ice franchise provides robust support, ensuring franchisees have reliable access to high-quality, consistent ingredients, particularly the specialized syrups and flavorings that are essential to the brand's unique product. This often involves negotiated supplier relationships, which can lead to cost efficiencies and ensure product uniformity across the network. Marketing support is also integral, with guidance on local marketing initiatives, access to approved promotional materials, and potentially national or regional brand campaigns designed to enhance brand visibility and drive customer traffic. The implementation of standardized technology solutions, such as user-friendly point-of-sale (POS) systems, is another aspect of the support, streamlining order processing, inventory tracking, and sales reporting for efficient management. This integrated support structure empowers franchisees to focus on delivering an exceptional product and customer experience, confident in the backing of a proven system. The inherent simplicity of the core product—shave ice—translates into a relatively straightforward operational model compared to more complex food service establishments, making it manageable for entrepreneurs from diverse professional backgrounds. This streamlined approach minimizes operational complexities, allowing franchisees to achieve operational excellence and maximize efficiency in their Hokulia Shave Ice franchise.

While specific revenue figures for the Hokulia Shave Ice franchise are not publicly disclosed without access to the comprehensive Franchise Disclosure Document, the industry segment of Snack and Nonalcoholic Beverage Bars generally exhibits promising financial characteristics. The FPI Score of 31 for Hokulia Shave Ice serves as an independent benchmark, allowing prospective investors to compare its relative standing against other franchise opportunities within various sectors, indicating its position within a broader analytical framework. In the snack and treat category, revenue generation is often driven by factors such as location, foot traffic, effective local marketing, and the seasonality of the product. Businesses operating in high-visibility areas, such as bustling retail centers, tourist destinations, or near educational institutions, typically report higher sales volumes. The inherent appeal of a refreshing, customizable treat like shave ice means that average transaction values can be quite favorable, especially when customers add multiple toppings or premium options. Profit margins in the nonalcoholic beverage and dessert sector can be attractive, often benefiting from relatively lower ingredient costs compared to full-meal establishments. For shave ice, the primary ingredients—ice, water, and flavored syrups—are generally cost-effective, which contributes positively to the gross profit margin on each sale. Operational efficiency plays a crucial role in maximizing profitability, with careful management of labor costs, waste reduction, and inventory control being paramount. The ability to cater to events, participate in local festivals, or offer delivery services can provide additional revenue streams beyond in-store sales, further enhancing the financial performance of a Hokulia Shave Ice franchise. The business model typically involves managing a consistent flow of customers during peak hours, often characterized by quick service times, which allows for a high volume of transactions over the course of a day or week. The relatively low overhead associated with smaller footprint operations, such as kiosks or mobile units, can also contribute to stronger net profit margins. The strong demand for unique, high-quality, and customizable treats within the consumer market provides a stable foundation for revenue generation. While exact earnings vary based on a multitude of factors including geographic location, operational prowess, and local market conditions, the underlying economics of the snack bar category, coupled with a differentiated product like authentic Hawaiian shave ice, suggest a compelling financial outlook for well-managed Hokulia Shave Ice franchise locations.

The growth trajectory for the Hokulia Shave Ice franchise, with its current count of six total units, clearly indicates an early-stage brand poised for significant expansion, presenting an opportune moment for new franchisees to join and grow with the system. This relatively modest unit count suggests that many prime territories across North America remain available, offering substantial whitespace for development in key markets. The scalability of the Hokulia Shave Ice franchise model is a considerable competitive advantage; the concept can be adapted to various operational formats, from compact kiosks and mobile units suitable for events or seasonal locations, to more permanent, small-footprint storefronts in high-traffic retail areas. This adaptability reduces barriers to entry and allows franchisees to select a model that best fits their investment capacity and local market conditions. A primary competitive advantage lies in the authenticity and specialized nature of its product. In a market often saturated with generic dessert options, genuine Hawaiian shave ice offers a distinct and memorable experience that differentiates it from competitors. This unique selling proposition fosters customer loyalty and strong word-of-mouth marketing. The brand's focus on a beloved, high-quality product minimizes direct competition from broader fast-food or coffee shop chains that may offer generic ice cream or blended drinks. Furthermore, the inherent appeal of a "taste of Hawaii" provides a powerful emotional connection with consumers, tapping into desires for escapism and unique cultural experiences. The relatively low operational overhead for certain models, especially mobile or kiosk formats, compared to full-service restaurants, also provides a competitive edge, potentially leading to higher profit margins and a quicker return on investment. The ability to quickly train staff for a specialized product ensures consistent quality and efficient service, which are crucial for customer satisfaction and repeat business. As the brand continues to expand from its Lehi, Utah headquarters, early adopters of the Hokulia Shave Ice franchise will benefit from being part of a growing system that prioritizes product quality and customer experience. This strategic growth, combined with a strong, differentiated product, positions the Hokulia Shave Ice franchise favorably for sustained development in the dynamic snack and treat market, allowing it to capture a larger share of consumer spending on refreshing, unique desserts.

The ideal franchisee for a Hokulia Shave Ice franchise typically possesses a genuine passion for customer service, an enthusiasm for community engagement, and a strong operational focus, rather than requiring extensive prior experience in the food service industry. While business acumen is certainly beneficial, the comprehensive training and support provided by the franchise system are designed to equip individuals from diverse professional backgrounds with the necessary skills to operate successfully. A franchisee who thrives on creating a positive and welcoming atmosphere for customers, and who is dedicated to maintaining the high standards of product quality and presentation that define the brand, would be an excellent fit. Individuals who are actively involved in their local communities and eager to participate in local events, school fundraisers, and charitable activities often excel, as these initiatives can significantly boost brand visibility and cultivate a loyal customer base for their Hokulia Shave Ice franchise. The operational simplicity of a specialized snack bar, compared to a full-service restaurant, means that an organized and detail-oriented individual can effectively manage inventory, staff, and daily operations. Ideal territories for a Hokulia Shave Ice franchise are typically locations characterized by high foot traffic and a demographic profile that appreciates unique, family-friendly dessert options. These can include bustling urban centers, vibrant suburban communities, popular tourist destinations, shopping malls, entertainment districts, proximity to schools, universities, or parks, and areas with a strong community event calendar. Strategic site selection is paramount, focusing on visibility, accessibility, and the presence of complementary businesses that draw similar customer segments. The flexibility of the Hokulia Shave Ice franchise model, accommodating various physical footprints from small kiosks to dedicated storefronts, allows franchisees to identify and secure prime locations that align with their chosen operational scale and local market opportunities.

The Hokulia Shave Ice franchise represents an attractive investor opportunity for those seeking to enter the resilient and growing snack and nonalcoholic beverage bars sector with a unique and well-defined product. With its relatively accessible investment range, starting from $31,000 and extending up to $170,260, the brand caters to a broad spectrum of entrepreneurs and investors, offering flexibility in operational scale and market entry. The current footprint of six total units signals an emerging brand with substantial runway for growth, allowing new franchisees to establish themselves in key markets and benefit from early-stage expansion. The FPI Score of 31 provides an independent measure for evaluating its potential within the franchising landscape. The brand's commitment to authentic Hawaiian shave ice provides a distinct competitive advantage, ensuring a differentiated product in a market that values novelty and quality. This focus on a specialized, beloved treat, combined with a proven franchise model originating from Lehi, Utah, offers a clear path to establishing a thriving business. The robust support system, encompassing training, operational guidance, and marketing assistance, further mitigates the risks typically associated with launching a new venture, empowering franchisees to achieve operational excellence and financial success. For investors looking for a concept with strong consumer appeal, scalable operations, and a clear brand identity, the Hokulia Shave Ice franchise stands out as a compelling choice within the quick-service food segment. The opportunity to deliver a unique, refreshing, and customizable treat positions franchisees to capture a significant share of discretionary consumer spending on desserts and snacks. Explore the complete Hokulia Shave Ice franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

31/100

SBA Default Rate

16.7%

Active Lenders

4

Key Highlights

Data Insights

Key performance metrics for Hokulia Shave Ice based on SBA lending data

SBA Default Rate

16.7%

1 of 6 loans charged off

SBA Loan Volume

6 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.5 loans per lender

Investment Tier

Mid-range investment

$31,000 – $170,260 total

Hokulia Shave Ice — 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

2022

2 approvals — best year on record for Hokulia Shave Ice.

Top SBA State

Utah

4 SBA-financed Hokulia Shave Ice locations — the densest operator footprint.

Average Loan Size

$96K

Median $73K — use as a sizing anchor when modeling your own $Hokulia Shave Ice unit.

Lender Concentration

75%

Concentrated

Share of Hokulia Shave Ice approvals captured by the top 3 SBA lenders.

Hokulia Shave Ice's SBA lending pipeline peaked in 2022 (2 approvals). The last five fiscal years account for 33% of cumulative volume ($132K approved). Operator density is highest in Utah with 4 SBA-financed locations. Average funded ticket sits at $96K, with the median at $73K. Lender mix is concentrated: the top three SBA lenders account for 75% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$25K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$321

Principal & Interest only

Locations

Hokulia Shave Iceunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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