FranchiseVerdict
Salty Paws Ice Cream Truck logo
FV-02221·CAUTIONExcellent86

Salty Paws Ice Cream Truck

Food & Beverage - Ice Cream & DessertsFranchising since 2024Website
Investment
$72K – $256K
2nd pct Ice Cream & D…
Avg revenue
59th pct Ice Cream & D…
Royalty
Units
9
42nd pct Ice Cream & D…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $72K – $256K including a $35K franchise fee.
  • 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
Salty Trucks, LLC
Incorporated in
Delaware
HQ
43 Rehoboth Avenue, Rehoboth Beach, Delaware 19971
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$0
Most recent fiscal 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 Salty Paws Ice Cream Truck 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: $72K–$256K
Working capital
$
FDD reports $5K–$12K

Unlevered ROIC · per unit

43%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$173K
Payback
28 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

Franchisees operate ice cream truck routes selling frozen treats from a mobile vehicle in assigned territory. Day-to-day operations include vehicle maintenance, inventory restocking, route management, customer transactions, and compliance with local health/vending permits. Revenue is heavily dependent on weather, foot traffic, local events, and seasonal demand.

CEO
Suzanne Tretowicz
Founded
2025
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$72K – $256K
All-in to open one unit
Liquid capital
$5K – $12K
Cash you must have on hand
Franchise fee
$35K
Royalty
greater of $500 per month or 6% of gross revenue
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
9
Opened
9
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
20.0%
2023
9+9
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 · 10 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 · 10 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

Salty Paws presents HIGH RISK due to active fraud/breach litigation, undisclosed financial performance, going concern status, minimal unit base, and royalty structure that may exceed profitability on seasonal ice cream truck revenues.

Score breakdown · what drove the 72 / 100 rating

  1. 01HIGHActive litigation alleging breach of contract and fraud by CEO/affiliate with specific damages claim ($45,063.45) suggests systemic training or disclosure failures
  2. 02HIGHGoing Concern status is FALSE — indicates the franchisor itself may be financially unstable or at risk of insolvency
  3. 03MEDNo average revenue or net income disclosure (Item 19) makes ROI analysis impossible; combined with only 9 units, suggests weak performance data the company does not want disclosed
  4. 04MINORTiny unit count (9 franchises) with unknown growth trajectory indicates either new/unproven concept or declining system; ice cream trucks are highly seasonal/weather-dependent with thin margins
  5. 05MINORWide investment range ($72K-$255K) suggests lack of standardization or scope creep; franchisees may face unexpected capital calls
  6. 06MINORRoyalty structure (greater of $500/mo or 6%) creates cash drain even in slow months; $500 minimum on $1,200/mo gross revenue = 42% royalty rate — unsustainable

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic (Zip code based)
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
1
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
Required
Governing law
Pennsylvania

Item 11

Training & Operations

Classroom training
18 hrs
On-the-job training
17 hrs
POS system
Clover
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

12 numbers

Locked
(631) 228-••••
NY
(985) 856-••••
LA
(201) 390-••••
NJ

One-time purchase · CSV download · Validation questions included

FDD download

Salty Paws Ice Cream Truck · FDD (2025) PDF

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