FranchiseVerdict
Nite Creamery logo
FV-01784·CAUTIONStandard76

Nite Creamery

Food & Beverage - Ice Cream & DessertsFranchising since 2021Website
Investment
$113K – $713K
12th pct Ice Cream & D…
Avg revenue
59th pct Ice Cream & D…
Royalty
6.0%
27th pct Ice Cream & D…
Units
2
8th pct Ice Cream & D…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $113K – $713K including a $35K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • 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
Nite Inc.
Incorporated in
California
HQ
570 Higuera Street, #103, San Luis Obispo, California, 93401
Auditor
Velez Hardy
Audited financials
Franchisor revenue
$0
vs $0 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 Nite Creamery unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $113K–$713K
Working capital
$
FDD reports $10K–$50K

Unlevered ROIC · per unit

17%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$443K
Payback
71 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.

Overview

About

Nite Creamery franchisees operate ice cream retail shops, likely focused on evening/late-night service based on brand positioning. Day-to-day operations include inventory management, customer service, point-of-sale transactions, product preparation, staffing, and store maintenance. The model likely emphasizes extended hours and novelty offerings to differentiate in the crowded ice cream market.

CEO
Sicano Eng
Founded
2021
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$113K – $713K
All-in to open one unit
Liquid capital
$10K – $50K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Percentage of gross revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 24 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 · 24 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.

Total loans
1
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

Early-stage ice cream franchise with unproven unit economics, missing financial disclosures, franchisor going concern issues, and no territorial protection — represents high execution risk with limited franchisee success data.

Score breakdown · what drove the 72 / 100 rating

  1. 01MINOROnly 2 existing units indicates nascent/stalled system with no demonstrated scalability or franchisee success proof
  2. 02MEDNo average revenue or net income disclosed (missing Item 19) — impossible to validate ROI on $113k-$712k investment
  3. 03HIGHGoing Concern = False suggests financial instability or operational uncertainty at franchisor level
  4. 04MINORNo protected territory creates direct competition risk and cannibalization between franchisees
  5. 05MINOR$1,200/month minimum royalty (vs. 6% of gross) penalizes low-revenue locations and indicates weak unit economics
  6. 06MINORWide investment range ($113k-$712k spread of 530%) suggests inconsistent buildout costs or undefined unit models
  7. 07MINOR5-year term is relatively short; limits ability to recoup investment or build equity
  8. 08HIGHNo disclosed litigation history suspicious given only 2 units (harder to have disputes with tiny system)

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
Protected territory
No
Initial term
5 years
Renewal term
5 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
0 hrs
POS system
Square 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

24 numbers

Locked
(225) 326-••••
LA
(860) 240-••••
CT
(517) 373-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

Nite Creamery · FDD (2025) PDF

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