FranchiseVerdict
Tikiz Shaved Ice and Ice Cream logo
FV-02739·MODERATEExcellent86

Tikiz Shaved Ice and Ice Cream

Food & Beverage - Full ServiceFranchising since 2012Website
Investment
$173K – $185K
14th pct Full Service
Avg revenue
57th pct Full Service
Royalty
Units
40
68th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $173K – $185K including a $20K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Tikiz Franchising, LLC
Incorporated in
Florida
HQ
1021 S. Rogers Circle, Suite 1, Boca Raton, FL 33487
Auditor
Arie A. Taykan & Company, CPA's
Audited financials
Franchisor revenue
$473K
vs $812K prior year
⚠ Going-concern note
Disclosed in FDD 2023
Status as of 2023; may have been resolved in a later filing we don't yet have.

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 Tikiz Shaved Ice and Ice Cream 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $173K–$185K
Working capital
$
FDD reports $1K–$4K

Unlevered ROIC · per unit

58%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$181K
Payback
21 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

Tikiz franchisees operate small retail kiosks or storefronts selling shaved ice desserts and ice cream products. Day-to-day operations include inventory management, food preparation, customer service, local marketing, and seasonal staffing adjustments. The business model relies heavily on foot traffic, weather conditions, and impulse purchase behavior in high-traffic locations (malls, outdoor events, tourist areas).

CEO
Brian Tollefson
Founded
2012
FDD year
2023
States available
11

Item 7 · what it costs

The Vitals

Total investment
$173K – $185K
All-in to open one unit
Liquid capital
$1K – $4K
Cash you must have on hand
Franchise fee
$20K
Royalty
$500 per month
Ad fund
$250

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
40
Opened
11
Last reporting year
Closed
4
Turnover rate
10.0%
Company-owned
2
Corporate units in the system
% franchised
95%
vs corporate-owned
Multi-unit owners
25.0%
Net growth (yr3)
+22.6%
Net unit change last year
3-yr CAGR
+26.7%
Compounded over last 3 years
2021
38+7
Franchised units
2022
31
Franchised units
2023
30
Franchised units

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

Item 20 · 33 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 · 33 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

59
Risk · 0-100
MODERATE59 / 100

Tikiz presents meaningful operational and legal risks due to pending patent litigation, lack of financial disclosure, and unproven profitability relative to capital required.

Score breakdown · what drove the 59 / 100 rating

  1. 01HIGHActive patent infringement litigation with competitor Kona Ice creates operational and brand reputation risk
  2. 02MINORFinancial transparency absent: no Item 19 (average revenue/net income disclosure) prevents accurate ROI assessment
  3. 03HIGHPrior breach of franchise agreement litigation indicates potential franchisor-franchisee relationship strain
  4. 04MEDModest unit growth (22.6% YoY on only 40 units) suggests limited market traction despite favorable growth rate
  5. 05MINORHigh initial investment ($172,500–$185,250) relative to unclear profit potential and seasonal business model vulnerability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population
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
2
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
Florida

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
16 hrs
POS system
Customer Software Program
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

58 numbers

Locked
(337) 912-••••
Jareth Navarre Navaden, Inc. Sulphur, Louisiana
LA
(601) 493-••••
Craig Sanders Cool Treats LLC Natchez, Mississippi
MS
(714) 296-••••
Jessica Garcia
CA

One-time purchase · CSV download · Validation questions included

FDD download

Tikiz Shaved Ice and Ice Cream · FDD (2023) PDF

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