FranchiseVerdict
Häagen-Dazs Shop logo
FV-01266·STRONGExcellent91

Häagen-Dazs Shop

Food & Beverage - Ice Cream & DessertsFranchising since 1983Website
Investment
$215K – $568K
44th pct Ice Cream & D…
Avg revenue
$704K
34th pct Ice Cream & D…
Royalty
4.0%
3rd pct Ice Cream & D…
Units
207
85th pct Ice Cream & D…
SBA default

Bottom line

  • Total investment $215K – $568K including a $30K franchise fee, 4.0% ongoing royalty.
  • Average unit revenue of $704K/year (median $612K).
  • Rated STRONG with a risk score of 49/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
The Häagen-Dazs Shoppe Company, Inc.
Parent company
Dreyer’s Grand Ice Cream Company, Inc.
Incorporated in
New Jersey
HQ
7500 Flying Cloud Drive, Suite 750, Eden Prairie, Minnesota 55344
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$9.8M
vs $10.4M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Häagen-Dazs Shop unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $704,197
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $215K–$568K
Working capital
$
FDD reports $10K–$64K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$92K
EBITDA margin
13.0%
Total invested
$428K
Payback
56 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Häagen-Dazs Shop units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$845K

on $4.2M purchase

Total debt

$3.4M

SBA $2.1M + senior + seller note

Overview

About

Franchisees operate standalone or co-branded Häagen-Dazs retail locations, serving premium ice cream and frozen desserts to walk-in customers. Day-to-day responsibilities include staff management, inventory control, point-of-sale operations, customer service, and local marketing within a protected territory.

CEO
Adam Hanson
Founded
1983
FDD year
2025
States available
29

Item 7 · what it costs

The Vitals

Total investment
$215K – $568K
All-in to open one unit
Liquid capital
$10K – $64K
Cash you must have on hand
Franchise fee
$30K
Royalty
4.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
5.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$704K
Per unit, per year
Median gross sales
$612K
Item 19 type
Gross Sales
Sample size
178 units
vs category median 18 · large
Range (low → high)
$133K$2.2M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank34th
vs Food & Beverage - Ice Cream & Desserts peers
Investment cost rank44th
Lower investment ranks lower (better)
Royalty rate rank3th
Lower royalty = lower percentile (better)
Unit count rank85th
vs Food & Beverage - Ice Cream & Desserts peers
Risk score rank10th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
207
Opened
9
Last reporting year
Closed
11
Turnover rate
5.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-1.0%
Net unit change last year
3-yr CAGR
-0.5%
Compounded over last 3 years
2023
207-2
Franchised units
2024
209
Franchised units
2025
208
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 15 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 15 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

Declining unit economics, missing profitability disclosures, and premium category exposure create material risk despite protected territory and no litigation.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORDeclining unit count (-1.0% YoY) suggests system contraction despite premium brand positioning
  2. 02MEDNet income not disclosed in Item 19 — unable to verify actual profitability claims against $704k average revenue
  3. 03MINORHigh initial investment range ($214k-$567k) with no transparent profitability data creates misalignment of risk/reward
  4. 04MEDRoyalty structure (4%) combined with undisclosed operating costs makes ROI timeline uncertain
  5. 05MINORPremium ice cream category vulnerable to economic downturns and seasonal revenue volatility

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius or Facility
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Minnesota

Item 11

Training & Operations

Classroom training
30 hrs
On-the-job training
21 hrs
POS system
Treatware POS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

88 numbers

Locked
(305) 534-••••
FL
(720) 299-••••
CO
(860) 383-••••
CT

One-time purchase · CSV download · Validation questions included

FDD download

Häagen-Dazs Shop · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above