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2026 FDD VERIFIEDMobile Food & Beverages
Kona Ice

Kona Ice

Franchising since 2007 · 1,820 locations

The total investment to open a Kona Ice franchise ranges from $178,856 - $178,856. The initial franchise fee is $15,000. Ongoing royalties are 6% plus a 3.5% advertising fee. Kona Ice currently operates 1,820 locations (1,816 franchised). PeerSense FPI health score: 74/100. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$178,856 - $178,856

Franchise Fee

$15,000

Total Units

1,820

1,816 franchised

FPI Score
High
74

Proprietary PeerSense metric

Strong
Capital Partners
34lenders available

Active capital sources verified for Kona Ice financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Established (25-99 loans)

High Confidence
74out of 100
Strong

SBA Lending Performance

SBA Default Rate

0.0%

0 of 45 loans charged off

SBA Loans

45

Total Volume

$8.2M

Active Lenders

34

States

19

Top SBA Lenders for Kona Ice

What is the Kona Ice franchise?

The mobile food industry has exploded in popularity over the past two decades, but within this broad category, one franchise concept has distinguished itself by achieving something remarkable: building one of the largest franchise systems in the United States while maintaining an almost impossibly high franchisee satisfaction rate. The shaved ice and frozen treat market has traditionally been served by a fragmented mix of independent operators, seasonal stands, and small regional chains that lack the brand recognition, operational systems, and marketing support needed to build sustainable, scalable businesses. For the entrepreneur attracted to the food service industry but deterred by the high investment costs, complex operations, and razor-thin margins of traditional restaurants, mobile frozen treat concepts offer a fundamentally different business model — lower investment, simpler operations, seasonal flexibility, and the kind of community-focused, feel-good business experience that traditional restaurants rarely provide.

Kona Ice is the largest shaved ice franchise in the United States and one of the most unique franchise concepts in any category, operating a fleet of over 1,500 tropical-themed mobile shaved ice trucks that bring premium, flavor-customizable frozen treats directly to communities, events, schools, sports leagues, corporate gatherings, and neighborhood streets across the country. Founded in 2007 in Florence, Kentucky, by Tony Lamb, Kona Ice was born from a simple but powerful observation: the traditional ice cream truck experience — with its loud, annoying music, questionable product quality, and zero community engagement — was ripe for reinvention. Lamb created a mobile shaved ice concept that transformed the neighborhood frozen treat truck from an annoyance into a celebration, designing custom tropical-themed trucks with vibrant island graphics, a built-in sound system playing laid-back tropical music, and an innovative self-service Flavorwave station where customers customize their shaved ice with their own combination of premium fruit-flavored syrups. The self-service flavor station is a stroke of genius — it transforms the purchase from a passive transaction into an interactive experience that children and adults find equally engaging, and it eliminates the bottleneck of having an operator add flavors one customer at a time. Beyond the product innovation, Kona Ice has built its brand around a deep commitment to community engagement and giving back — the company has donated over $100 million to local schools, sports leagues, and community organizations through its fundraising programs, making every Kona Ice truck a rolling community benefit as well as a business.

The mobile food and frozen treat industry benefits from several powerful market dynamics. The frozen dessert market generates billions of dollars annually, and shaved ice specifically has experienced strong growth as consumers seek alternatives to traditional ice cream that are perceived as lighter, more refreshing, and more customizable. The mobile format eliminates the real estate costs that burden traditional food service operations, and the event-driven, seasonal business model creates concentrated revenue periods during warm-weather months, school events, sports seasons, and community festivals. Kona Ice has further expanded its addressable market by developing relationships with schools (where Kona trucks serve as fundraising platforms), corporations (where Kona trucks provide employee appreciation and event catering), and community organizations (where Kona trucks serve as activity attractions at festivals, fairs, and neighborhood events). These institutional and B2B revenue streams supplement the consumer-facing neighborhood truck routes, creating a diversified business model that reaches customers through multiple channels.

The Kona Ice franchise model requires an initial investment ranging from approximately $150,000 to $300,000, which includes the franchise fee, custom-built Kona Ice truck, equipment, initial inventory, marketing materials, and working capital. The franchise fee provides access to the Kona brand, proprietary truck design, Flavorwave technology, training, and ongoing support. Franchisees pay an ongoing royalty on gross sales. The business is designed for owner-operator management during the startup phase, with the ability to add additional trucks and drivers as the business grows. Revenue is generated through a combination of neighborhood routes, private event bookings, school and organization fundraisers, corporate events, and festival and fair appearances. The seasonal nature of the business — with peak revenue concentrated during spring and summer months — is both a challenge and an advantage: franchisees must generate sufficient revenue during the peak season to cover annual expenses, but the off-season provides time for business planning, truck maintenance, relationship building, and personal pursuits. Many Kona Ice franchisees operate the business as a family venture, involving spouses and children in the fun, community-focused operations.

Kona Ice has built one of the largest franchise systems in the United States with over 1,500 franchise territories, making it the undisputed category leader in mobile shaved ice and one of the largest mobile food franchises of any type. The franchise system has earned consistent recognition for franchisee satisfaction, ranking at or near the top of franchisee satisfaction surveys year after year — a distinction that reflects the strength of the business model, the quality of corporate support, and the genuine enjoyment that franchise owners derive from operating a business that brings joy to their communities. Each franchise territory provides exclusive rights within a defined area, and the corporate team supports franchise development with truck delivery, initial training, marketing launch programs, and ongoing operational support. The corporate team maintains national relationships with school systems, sports organizations, and corporate clients that generate event booking opportunities for franchise locations across the system.

The Kona Ice training program covers truck operations, product preparation, event booking and management, school and organizational fundraising programs, marketing and community engagement, and business administration. The training emphasizes the Kona Ice brand experience — the tropical atmosphere, the customer interaction style, and the community engagement philosophy that differentiate Kona from generic mobile food operations. Ongoing support includes marketing materials, product innovation, operational coaching, and the Kona Ice franchisee community that provides peer support and inspiration.

The ideal Kona Ice franchise owner is an outgoing, community-oriented individual or family who wants to build a fun, flexible business that generates income while making a positive impact on their community. Prior food service experience is not required — the operational model is straightforward and the training is comprehensive. Candidates should be comfortable with outdoor, event-based work, enjoy interacting with children and families, and be motivated by the unique combination of entrepreneurship and community service that defines the Kona Ice experience.

PeerSense tracks Kona Ice franchise performance data including SBA lending activity, unit growth trends, and competitive positioning within the mobile food and frozen treat sector. With an FPI score of 74 out of 100, Kona Ice demonstrates solid lending confidence and massive system scale. Explore franchise financing options and SBA loan data at PeerSense.com.

FPI Score

74/100

SBA Default Rate

0.0%

Active Lenders

34

Key Highlights

Low SBA default rate (0.0%)
1,820 locations nationwide

Data Insights

Key performance metrics for Kona Ice based on SBA lending data

SBA Default Rate

0.0%

0 of 45 loans charged off

SBA Loan Volume

45 loans

Across 34 lenders

Lender Diversity

34 lenders

Avg 1.3 loans per lender

Investment Tier

Mid-range investment

$178,856 – $178,856 total

Payment Estimator

Loan Amount$143K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,851

Principal & Interest only

Locations

Kona Iceunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Kona Ice