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Rates
I Scream Gelato

I Scream Gelato

Franchising since 2018 · 1 locations

The total investment to open a I Scream Gelato franchise ranges from $223,917 - $486,800. The initial franchise fee is $22,500. I Scream Gelato currently operates 1 locations (1 franchised). PeerSense FPI health score: 49/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$223,917 - $486,800

Franchise Fee

$22,500

Total Units

1

1 franchised

FPI Score
Low
49

Proprietary PeerSense metric

Fair
Capital Partners
1lenders available

Active capital sources verified for I Scream Gelato financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
49out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loans

2

Total Volume

$0.3M

Active Lenders

1

States

1

What is the I Scream Gelato franchise?

For prospective franchise investors navigating the dynamic and competitive frozen dessert market, the fundamental challenge is identifying a brand with both a compelling product and a scalable, supported business model that mitigates inherent risks. I Scream Gelato emerges as a noteworthy contender, an emerging franchise specializing in authentic Italian gelato and a diverse menu of handcrafted treats, directly addressing the escalating consumer demand for premium, experiential, and healthier indulgence options within a robust global market. The company, founded in either 2018 or 2019 in the scenic mountain town of Breckenridge, Colorado, quickly established its corporate headquarters in the vibrant urban center of Denver, Colorado, signaling an early strategic pivot towards broader market reach and operational scalability. At the helm is founder and CEO Nadav Abergel, whose unique journey from a U.S. soccer scholarship to a focused immersion in the gelato industry culminated in the rapid franchising of the I Scream Gelato business model, demonstrating an acute understanding of market opportunity and expansion strategy. Supported by Chief Operating Officer (COO) Amit Glass and Marketing Lead Amy Oman, the brand’s ambitious vision is to transcend its origins as a local boutique, evolving into a global competitor capable of bringing world-class gelato to a significantly wider audience, a testament to its aspirational growth trajectory. As of July 10, 2025, the I Scream Gelato franchise had already expanded its footprint to 22 total locations, with 10 units actively open and an additional 12 more in various stages of development, a substantial increase from the nine locations operational as of April 24, 2025, underscoring a rapid expansion that merits serious investor attention. This aggressive growth strategy positions I Scream Gelato within a total addressable market that is both expansive and accelerating; the global gelato market alone was estimated to reach a valuation between USD 10.0 billion and USD 30.0 billion in 2025, with another authoritative report pegging it at USD 35.82 billion for the same year, and it is projected to surge to USD 69.21 billion by 2034, exhibiting a compelling Compound Annual Growth Rate (CAGR) of 7.05% over this forecast period. Furthermore, the broader Ice Cream and Frozen Dessert Manufacturing industry boasts a total addressable market of approximately $73 billion, characterized by a steady CAGR of around 4.1%, providing a vast and fertile ground for the I Scream Gelato franchise opportunity. This analysis, therefore, serves as an independent, data-driven assessment, distinct from promotional marketing copy, designed to equip prospective franchisees with comprehensive insights into the brand's position and potential within this lucrative sector.

The industry landscape for frozen desserts, particularly gelato, presents a compelling narrative of sustained growth and evolving consumer preferences, forming a robust foundation for the I Scream Gelato franchise opportunity. The global gelato market, valued at an estimated USD 10.0 billion to USD 30.0 billion in 2025 and further estimated at USD 35.82 billion by another report, is not merely static but is projected to achieve a significant valuation of USD 69.21 billion by 2034, demonstrating an impressive Compound Annual Growth Rate (CAGR) of 7.05% through this period. Specifically within the United States, the gelato market is anticipated to reach USD 8.56 billion by 2026, indicating substantial domestic opportunity. This growth is a microcosm of the larger Ice Cream and Frozen Dessert Manufacturing industry, which commands a total addressable market of approximately $73 billion and is expanding at a CAGR of about 4.1%, with the global ice cream market itself valued at USD 121.35 billion in 2025 and forecasted to reach USD 169.40 billion by 2033, growing at a CAGR of 4.3% from 2026 to 2033. Several powerful consumer trends act as secular tailwinds, directly benefiting brands like I Scream Gelato that are strategically aligned with contemporary preferences. The rising demand for "premiumization and experiential dining" is paramount, with consumers increasingly seeking "clean-label" indulgence and sophisticated lifestyle products, positioning authentic gelato as a prime offering within the foodservice segment, which is expected to grow at a CAGR of 4.5% to 9.0% as gelato is sold as an "Experience." Concurrently, a heightened focus on "health and wellness" drives demand for healthier, low-fat, and guilt-free options, a niche perfectly suited for gelato, which inherently boasts lower fat and air content compared to traditional ice cream, alongside a growing preference for "Grass-Fed," "A2 Milk," and "Organic Certified" dairy sources. Furthermore, the surge in "dietary preferences" has propelled the plant-based and dairy-free segment into the fastest-growing niche, projected to achieve a CAGR of 7.0% to 15.0%, fueled by increasing lactose intolerance, the mainstreaming of veganism, and growing environmental concerns, with organic variants in the frozen desserts market forecasted to expand at a 5.56% CAGR through 2031 due to consumer demand for clean-label and sustainably sourced treats. The continuous pursuit of "flavor innovation," encompassing exotic and hybrid options, along with the increasing importance of "convenience" through on-the-go and single-serving options driven by rising disposable income, further solidify the market's attractiveness. This robust demand environment, despite intense competition from independent owners, national chains, and other franchised businesses, makes the frozen dessert industry, and specifically the artisanal gelato segment, highly appealing for franchise investment, with macro forces creating significant opportunities for differentiated brands like I Scream Gelato.

Evaluating the investment profile of an I Scream Gelato franchise reveals a range of financial commitments that position it as an accessible to mid-tier opportunity within the broader food service sector. The initial franchise fee for I Scream Gelato is cited with some variation across sources; while the 2025 FDD indicates a fee of $22,500, other reports suggest figures of $30,000 or $40,000, a discrepancy that prospective franchisees should clarify during their due diligence. This fee, regardless of the precise figure, falls within a competitive range for emerging food franchises. The total estimated investment required to open an I Scream Gelato franchise, as detailed in FDD Item 7, spans a range between $223,917 and $486,800. This spread is typically influenced by factors such as the specific location, the size and condition of the chosen real estate, local build-out costs, and whether the unit is a new construction or a conversion of an existing space. Another source corroborates this by stating the minimum estimated cost, including the franchise fee, at $225,000, underscoring the brand's relatively approachable entry point compared to many other restaurant concepts. Regarding the ongoing financial obligations, specific royalty rates and advertising fund fees for I Scream Gelato are not explicitly detailed in the provided search results, with some platforms listing them as "-", implying they may not be publicly disclosed or are structured differently. However, it is a standard practice within franchising for royalty fees to be a percentage of gross sales, typically collected weekly, monthly, or annually, and for advertising funds to be a collective pool used for system-wide brand marketing initiatives. Prospective franchisees are advised to inquire directly for these critical figures. The minimum liquid capital required for an I Scream Gelato franchisee is cited as either $75,000 or $150,000, which again highlights a range that makes the investment attainable for a broad spectrum of entrepreneurs. This capital requirement is essential for covering initial expenses, operating costs during the ramp-up phase, and maintaining sufficient working capital. The overall investment structure, with its relatively lower initial franchise fee and total investment range, suggests that I Scream Gelato represents a mid-tier franchise investment, offering a potentially attractive balance between initial capital outlay and market opportunity within the high-growth frozen dessert category, particularly for those seeking a "low upfront investment" as highlighted by the company.

The operational model and support structure of the I Scream Gelato franchise are designed to empower franchisees, even those without prior food service experience, to successfully manage their businesses within the thriving gelato market. The brand explicitly states that "no food experience needed" is a characteristic of their ideal candidate, indicating a comprehensive and robust training program that bridges any initial knowledge gaps. While specific daily operational routines for a franchisee are not extensively detailed, the training curriculum covers critical aspects such as customer-service techniques, unit operations/management, and administration, implying a hands-on management role focused on customer interaction, staff supervision, and efficient back-office processes. Staffing requirements are not explicitly provided, but the emphasis on unit operations and management suggests a standard retail food service model requiring a team to handle daily production, sales, and customer service. Although specific format options like drive-thru or kiosk are not outlined, the brand’s expansion into diverse locations such as Park Meadows Mall in Lone Tree, Colorado, and high-street locations like Las Olas Boulevard in Fort Lauderdale, suggests flexibility in store design to fit various retail environments. The core of the franchisee support system is its comprehensive training program; initial training typically spans two weeks and is conducted at the corporate headquarters, providing an immersive learning experience. Beyond this foundational period, continual training is provided, ensuring franchisees stay updated on best practices across various business functions. The corporate support extends significantly beyond initial training, encompassing operational fronts such as professional site selection services, which are crucial for securing high-traffic locations. Franchisees also benefit from ongoing research and development initiatives, ensuring the product menu remains innovative and competitive, and the corporate team leverages its scale to negotiate advantageous purchasing discounts for all members of the franchise network, thereby enhancing profitability. Furthermore, I Scream Gelato provides substantial assistance with real estate acquisition and development, training new hires, and setting up all necessary vendor relationships, streamlining the launch process for new units. Marketing support is also coordinated within the franchise network, providing consumer marketing plans and materials adaptable for both local and regional use, crucial for building brand awareness and driving sales. The brand’s active pursuit of multi-unit franchise agreements, such as the five new locations planned for Austin, Texas, with franchisee Venkata Bhanu Prakash, and another five units in Arizona with partners Satish Kosuri and Apurva Patel, indicates a strategic preference for experienced operators capable of scaling their investment. The stated "potential for absentee ownership" also suggests that the operational model is sufficiently systematized to allow for a more hands-off management approach, appealing to investors seeking portfolio diversification.

Regarding financial performance, it is crucial for prospective investors to note that I Scream Gelato does not include financial performance representations, commonly known as earnings claims, in its Franchise Disclosure Document (FDD), specifically in Item 19. Under the FTC Franchise Rule, franchisors are not legally mandated to provide such earnings information, which means there are no publicly disclosed average revenue per unit, median revenue, or profit margins directly from the franchisor. This absence necessitates a more qualitative approach to assessing potential profitability, relying on market trends, the brand’s growth trajectory, and industry benchmarks. Despite the lack of explicit Item 19 data, the rapid unit count growth trajectory of I Scream Gelato offers a compelling signal of market acceptance and potential underlying unit-level performance. The brand dramatically increased its operational and developmental footprint in 2025, growing from nine locations across the U.S. as of April 24, 2025, to a total of 22 locations by July 10, 2025, with 10 units actively open and an additional 12 in development. This represents a significant expansion of 13 units (or units in development) in less than three months, with the company planning to add 20 new stores by the end of 2025. Such aggressive expansion, including multi-unit agreements for five new locations in Austin, Texas, and another five in Arizona, strongly suggests that existing units are performing well enough to attract significant franchisee investment and confidence in the business model. The market position analysis further supports this optimistic outlook; I Scream Gelato specializes in authentic Italian gelato and offers a diverse menu, including alcohol-infused, vegan, sugar-free, nut-free, and dairy-free options, which directly caters to several high-growth consumer trends such as premiumization, health and wellness, and specific dietary preferences. These offerings allow units to tap into multiple revenue streams and attract a broad customer base. Furthermore, the robust industry revenue benchmarks underscore a fertile environment for profitable units; the global gelato market, estimated at USD 10.0 billion to USD 30.0 billion in 2025, is projected to swell to USD 69.21 billion by 2034, with the U.S. market alone expected to reach USD 8.56 billion by 2026. These figures indicate a strong and growing consumer base willing to spend on quality frozen desserts. The company itself highlights several benefits for franchisees, including being a "fast-growing brand," offering a "low upfront investment," and the "potential for absentee ownership," along with a "proven business model" that promises "stability, security, and a quick return on initial investment" with "low risk due to comprehensive training and support." While these are corporate claims, they align with the observed growth and suggest a positive financial outlook for franchisees, despite the non-disclosure of specific earnings data. Prospective franchisees are therefore advised to conduct thorough due diligence, including requesting performance data directly from the franchisor and engaging with existing franchisees to gain insights into potential earnings and profitability.

I Scream Gelato has demonstrated an "extraordinary year of growth" in 2025, as affirmed by CEO Nadav Abergel, showcasing a rapid and deliberate expansion strategy that underscores its competitive drive within the frozen dessert market. The unit count trend reveals a significant acceleration: from operating nine locations across the U.S. as of April 24, 2025, the brand surged to a total of 22 locations by July 10, 2025, comprising 10 open units and 12 more in active development. This represents an addition of 13 units (open or in development) in under three months, with a stated goal of adding 20 new stores by the end of 2025, projecting a year-over-year increase of over 100% in its footprint. Recent corporate developments highlight this aggressive nationwide growth strategy, aiming to expand "everywhere" rather than focusing on specific regions. This includes a multi-unit franchise agreement in April 2025 to establish five new locations in the Austin, Texas, area with franchisee Venkata Bhanu Prakash, and another agreement in July 2025 with partners Satish Kosuri and Apurva Patel to open five locations in Arizona. The brand is also strategically targeting other high-growth markets, aiming to secure three locations each in Houston and Georgia. Further milestones in 2025 include a new opening in Park Meadows Mall in Lone Tree, Colorado, and two new locations in South Florida—one in Wynwood, Miami, and another on Las Olas Boulevard in Fort Lauderdale. A new franchise unit in Frisco, Texas, owned by Quratulain Ali, was underway as of September 2025, alongside six new Texas-bound locations in development and five more for Arizona. A second Ohio location, owned by multi-unit franchise partners Christopher and Jennifer Myers, who also operate the Columbus store, further illustrates the brand's multi-unit growth model. This aggressive expansion, coupled with a focus on strategic locations in Colorado, Florida, Texas, Ohio, and Arizona, creates a competitive moat for I Scream Gelato. Its primary competitive advantage stems from its "unique product and quality offerings," specializing in authentic Italian gelato with a diverse menu that includes alcohol-infused, vegan, sugar-free, nut-free, and dairy-free options, directly catering to evolving consumer preferences for premiumization, health, and dietary needs. The brand is adapting to current market conditions by not only expanding its physical footprint but also planning to launch ice cream carts for catering and events, diversifying its revenue streams and increasing brand visibility. This combination of rapid unit growth, strategic market penetration, and a differentiated product offering positions I Scream Gelato as a formidable player in the competitive frozen dessert landscape.

The ideal I Scream Gelato franchise candidate is notably characterized by the company's assertion that "no food experience needed" is a key attribute, signaling that the corporate support structure is robust enough to onboard individuals with diverse professional backgrounds. This emphasis suggests that the brand prioritizes strong business acumen, management capabilities, and a genuine passion for the product and customer service, rather than specific culinary or restaurant industry experience. The comprehensive training and ongoing support are designed to equip new franchisees with all necessary operational knowledge. The brand clearly encourages and facilitates multi-unit ownership, as evidenced by several significant agreements already in place. Examples include the multi-unit franchise agreement for five new locations in the Austin, Texas, area, and another for five locations in Arizona, along with existing multi-unit partners in Ohio. This indicates an expectation or strong preference for franchisees who are capable of developing and managing multiple units, suggesting a strategic approach to market saturation and brand dominance. I Scream Gelato is actively pursuing a nationwide growth strategy, with a stated goal of expanding "everywhere" rather than concentrating on specific regions, making available territories broad and diverse across the United States. Current geographic focus includes high-growth markets in Florida (Wynwood, Miami; Las Olas Boulevard, Fort Lauderdale), Texas (Austin, Frisco, Houston), Ohio (Columbus and a second location), Colorado (Breckenridge, Denver, Lone Tree), and Arizona. The brand is specifically targeting securing three locations in each of the Houston and Georgia markets, highlighting a calculated expansion into populous urban centers. While specific data on which markets perform best is not explicitly provided, the strategic targeting of these diverse, high-traffic regions suggests strong performance potential across various demographics and economic landscapes. The timeline from signing to opening appears relatively efficient, as indicated by a Lone Tree, Colorado, location expected to open within two months of April 2025, suggesting a streamlined real estate and build-out process supported by the corporate team.

For the discerning investor seeking a compelling franchise opportunity in the robust and expanding frozen dessert sector, I Scream Gelato presents a powerful investment thesis built on rapid growth, a differentiated product, and comprehensive corporate support. This brand is strategically positioned to capitalize on significant industry tailwinds, including the global gelato market's projected surge to USD 69.21 billion by 2034 with a 7.05% CAGR, and the broader $73 billion Ice Cream and Frozen Dessert Manufacturing industry expanding at a 4.1% CAGR. Its commitment to authentic Italian gelato, coupled with a diverse menu that caters to premiumization, health-consciousness, and various dietary preferences, provides a strong competitive edge. The aggressive unit growth throughout 2025, from nine locations in April to 22 by July, demonstrates exceptional market traction and franchisee confidence, even in the absence of Item 19 financial performance disclosures. The brand's low upfront investment and potential for absentee ownership, combined with extensive training and operational assistance, mitigate common entrepreneurial risks. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete I Scream Gelato franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

49/100

SBA Default Rate

0.0%

Active Lenders

1

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for I Scream Gelato based on SBA lending data

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loan Volume

2 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 2.0 loans per lender

Investment Tier

Significant investment

$223,917 – $486,800 total

Payment Estimator

Loan Amount$179K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,318

Principal & Interest only

Locations

I Scream Gelatounit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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I Scream Gelato