Arwa Coffee vs Ululani’s Hawaiian Shave Ice
Franchise Comparison 2026
Both Arwa Coffee and Ululani’s Hawaiian Shave Ice are quick-service restaurants franchises. Arwa Coffee requires an investment of $237K – $615K while Ululani’s Hawaiian Shave Ice requires $286K – $566K. FranchiseVerdict rates Arwa Coffee C (Average) and Ululani’s Hawaiian Shave Ice B (Above average).
| Metric | Arwa Coffee | Ululani’s Hawaiian Shave Ice |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $237K – $615K | $286K – $566K |
| Franchise Fee | $40K | $48K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | N/ACompany-owned only · n=2 | N/AIncl. company outlets |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 9 | 11 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2016 |
| FDD Year | 2026 | 2025 |
Investment Range
$237K – $615K
$286K – $566K
Franchise Fee
$40K
$48K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
N/ACompany-owned only · n=2
N/AIncl. company outlets
SBA Charge-Off Rate
Limited data
N/A
Total Units
9
11
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2016
FDD Year
2026
2025