GelatissimoFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Gelatissimo franchise requires a total initial investment of $373K – $886K, including a $35K franchise fee and an ongoing 4.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $373K – $886K
- 69th pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 5
- 22nd pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $373K – $886K including a $35K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 57/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Silmarils, LLC
- Parent company
- Gelatissimo USA Unit Trust
- Ultimate parent
- Gelatissimo Pty Limited
- CEO title
- Chief Executive Officer
- Rey Maninang
- Incorporated in
- CA
- HQ
- 126 Coyote Brush, Irvine CA 92618
- Auditor
- Windes, Inc.
- Audited financials
- Franchisor revenue
- $605K
- vs $481K prior year
Overview
About
Gelatissimo franchisees operate gelato shops, managing daily operations including product preparation, customer service, inventory management, and store staffing. The business model centers on premium ice cream/gelato retail with likely seasonal demand fluctuations and dependency on foot traffic in high-visibility locations.
- CEO
- Rey Maninang
- Founded
- 2023
- FDD year
- 2025
- States available
- 3
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $15K | $80K |
| Equipment, build-out, other | $323K | $771K |
| Total initial investment | $373K | $886K |
Source: Gelatissimo 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $373K – $886K
- Below avg, review vs category
- Liquid capital req'd
- $15K – $80K
- Better than avg vs category
- Franchise fee
- $35K – $35K
- Near category avg vs category
- Royalty
- 4.0%
- Gross Sales · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $300 |
| Training fee | $500 |
| Transfer fee | $15K |
| Renewal fee | $18K |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Quick-Service Restaurants averages
How Gelatissimo Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 5
- Opened
- 3
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 80%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- Outlier (see FDD)
- Likely small-sample artifact
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Gelatissimo presents high risk due to going concern status, minimal system scale, unverified unit economics, and lack of territorial protection—suitable only for investors with high risk tolerance and capital to absorb losses.
Litigation (Item 3)
No litigation information provided in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Windes, Inc.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 57 / 100 rating
- 01HIGHGoing Concern status indicates franchisor financial distress or operational viability concerns
- 02MEDOnly 5 units in system with no disclosed average revenue/net income makes ROI projections impossible
- 03MINORExplosive 300% YoY unit growth from ~1-2 units is unsustainable and suggests either new concept or prior collapse
- 04MINORNo protected territory creates direct competition risk between franchisees in same market
- 05MINORWide investment range ($372,500–$885,500) with no clear breakdown suggests inconsistent unit economics
- 06MINORHigh franchise fee ($35,000) relative to tiny system size and unproven unit economics
- 07MINORNo Item 19 financial performance data prevents validation of franchisor's revenue/profitability claims
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation information provided in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 39 hrs
- On-the-job training
- 42 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Plan G
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Plan G
Item 20 · call current owners
Franchisee Contacts
7 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Gelatissimo · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Gelatissimo franchise?
The total investment to open a Gelatissimo franchise ranges from $373K – $886K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Gelatissimo franchise owners earn?
Gelatissimo does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Gelatissimo's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Gelatissimo (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Gelatissimo franchise locations are there?
As of their most recent FDD filing, Gelatissimo has 5 total units in the United States, including 0 franchised units and 1 company-owned units. 3 new units were opened in the latest reporting year.
Is Gelatissimo a good franchise to buy?
FranchiseVerdict rates Gelatissimo as a B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.