Icy-N-Spicy

Icy-N-Spicy

Information based on 2023 FDD

Food & Beverage · Desserts

Investment min
$262K
Total: $262K–$395K
Avg gross revenue
$920K
Unit-level, 2023
Franchise fee
$38K
Per current disclosure
Royalty
5.5%
of gross revenue
Locations
1
Franchising since 2020

Description

What is Icy-N-Spicy?

Icy-N-Spicy represents an innovative fusion in the dessert industry, combining the refreshing allure of frozen treats with an exciting spicy twist that sets it apart in the competitive food and beverage market. Founded in 2018, this emerging franchise concept has captured attention with its unique approach to dessert creation, offering customers an unexpected and memorable taste experience.

The brand specializes in crafting artisanal frozen desserts that incorporate carefully balanced flavor profiles, where sweet meets heat in perfect harmony. Their signature offerings feature premium ingredients and proprietary spice blends, creating a distinctive menu that appeals to adventure-seeking food enthusiasts and traditional dessert lovers alike.

What makes Icy-N-Spicy particularly compelling is its modern take on frozen treats, tapping into the growing consumer demand for innovative flavor combinations and experiential dining. The concept benefits from a streamlined operational model, making it attractive for entrepreneurs looking to enter the food service industry with a distinctive product offering.

The franchise provides comprehensive training and support systems to help franchisees master their unique preparation techniques and maintain consistent quality across locations. Their business model is designed to thrive in various retail environments, from shopping centers to high-traffic urban locations, with a compact footprint that maximizes operational efficiency.

As a relatively new player in the dessert segment, Icy-N-Spicy offers franchisees the opportunity to get in on the ground floor of an exciting concept with significant growth potential. The brand's commitment to product innovation and customer experience positions it well for expansion in the dynamic food and beverage marketplace.
  • Lower barrier entry investment level
  • Recession-resistant dessert market positioning
  • Social media friendly concept appeal
  • Ground floor franchise opportunity potential
  • Above average single unit performance
  • Accessible first-time franchisee investment

Location Analysis

Where Icy-N-Spicy wins

Icy-N-Spicy represents an emerging opportunity in the dessert sector, with a limited initial market presence as a relatively new concept founded in 2018. The brand is in its early expansion phase, presenting both opportunities and challenges for potential franchisees. The current early-stage development allows new franchisees to secure prime territories and establish strong market positions in their chosen regions. Given the dessert sector's growth and the increasing popularity of unique frozen treat concepts, there's significant potential for expansion in high-traffic areas with diverse demographics. Ideal locations should prioritize areas with high foot traffic, strong millennial and Gen Z presence, and complementary retail environments such as shopping centers or entertainment districts. Key success factors include proximity to colleges, urban centers, and family-oriented neighborhoods with median household incomes above $50,000. Weather patterns should be considered, with locations in warmer climates potentially seeing more consistent year-round traffic. While the limited operational history presents some risk, it also offers franchisees the opportunity to shape the brand's growth and establish strong market positions in their territories. Prospective franchisees should focus on metropolitan areas with population densities exceeding 100,000 within a 3-mile radius and areas experiencing positive population growth trends.
Total US locations
1
Franchise units
N/A
Corporate locations
1
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind Icy-N-Spicy

Avg gross revenue$919,941
Investment range$262,300 – $395,350
Investment midpoint$328,825
Brand fund1%
Royalty5.5%
Franchise fee$38,000
Min. net worth
Min. liquid capital
Icy-N-Spicy presents an entry-level investment opportunity in the dessert franchise sector with total investment requirements ranging from $262,300 to $395,350. This positions the brand below the sub-sector average minimum of $296,855, making it accessible to emerging entrepreneurs seeking lower-barrier entry into food service franchising.

The dessert franchise sector benefits from recession-resistant consumer behavior, as affordable indulgences remain popular during economic uncertainty. The growing demand for unique, experiential dining concepts and social media-friendly dessert offerings creates favorable market dynamics for specialty dessert concepts.

As a single-unit system established in 2018, Icy-N-Spicy represents an early-stage franchise opportunity with limited operational history. While this creates uncertainty regarding system infrastructure and proven scalability, it may offer ground-floor positioning for investors comfortable with emerging brand risk.

The reported gross revenue of $919,941 substantially exceeds the sub-sector average of $414,337, though this single-unit performance should be evaluated carefully given the limited operational sample size. Prospective investors should thoroughly examine territory rights, operational complexity, and franchisor support systems given the nascent franchise structure.

Ideal candidates include hands-on operators with food service experience and sufficient liquid capital to sustain operations during the brand development phase. The lower investment threshold makes this suitable for first-time franchisees, though investors should prioritize markets with strong foot traffic and dessert-focused demographics. Comprehensive FDD review and franchisor due diligence remain essential given the system's early development stage.
Did you know? Did you know that bringing the bold flavors and refreshing treats of an Icy-N-Spicy franchise to your community requires a total investment between $262,300 and $395,350, which covers everything from the $38,000 franchise fee to equipment, buildout, and working capital needed to serve up their signature spicy-sweet frozen delights?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$262K–$395K
Most common
$262,300
Minimum
$328,825
Midpoint
$395,350
Maximum

Per FDD Item 7, total initial investment ranges from $262,300 to $395,350. The midpoint $328,825 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$336K
$874K
$920K
2021
2022
2023
Avg
$710K
YOY change (2022 -> 2023)
+5%

According to Item 19 of the Franchise Disclosure Document, Icy-N-Spicy has an average gross revenue of $920K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
211100
2017
2018
2019
2020
2021
2022
2023
1 units open as of 2023 FDD

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Icy-N-Spicy's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Icy-N-Spicy franchise typically ranges between $262,300.00 and $395,350.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Icy-N-Spicy
Icy-N-Spicy
$920K avg revenue · 0+ US franchises

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