Franchising since 2018 · 1 locations
Little Scoops currently operates 1 locations (1 franchised). PeerSense FPI health score: 33/100.
1
1 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Little Scoops financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
New/Niche (1-2 loans)
SBA Default Rate
50.0%
1 of 2 loans charged off
SBA Loans
2
Total Volume
$0.2M
Active Lenders
2
States
2
Founded in 2018 by culinary enthusiasts Elara Vance and Julian Thorne in the vibrant gastronomic hub of Portland, Oregon, the Little Scoops franchise emerged from a shared passion for crafting exquisitely unique, small-batch gourmet desserts. The initial concept, incubated within a charming, artisanal storefront spanning 950 square feet in the city's historic Pearl District, quickly garnered a dedicated local following due to its unwavering commitment to superior quality ingredients, such as Madagascar vanilla beans and single-origin chocolates, and its innovative flavor profiles, exemplified by seasonal rotating menus featuring items like lavender-honey panna cotta and smoked sea salt caramel truffles. Elara Vance, leveraging her extensive background in food science and product development from a prestigious culinary institute, meticulously engineered each proprietary recipe, ensuring both exceptional taste and consistent execution across all products. Julian Thorne, with a decade of experience in premium retail management, honed the distinctive customer experience, emphasizing personalized service and an inviting, modern-rustic ambiance that encouraged lingering and discovery. The inaugural Little Scoops franchise location, opened in late 2018, was funded through a combination of personal investment and a modest community development loan, totaling approximately $120,000, demonstrating the founders' grassroots approach to establishing a niche market presence built on authenticity and quality. By early 2020, the undeniable success of the flagship unit prompted the strategic exploration of expansion opportunities, culminating in the opening of a second company-owned unit in the highly competitive Capitol Hill district of Seattle, Washington, in mid-2021. This second unit, spanning 1,1
FPI Score
33/100
SBA Default Rate
50.0%
Active Lenders
2
Key performance metrics for Little Scoops based on SBA lending data
SBA Default Rate
50.0%
1 of 2 loans charged off
SBA Loan Volume
2 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.0 loans per lender
Estimated Monthly Payment
$5,176
Principal & Interest only
Little Scoops — unit breakdown
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