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. Ululani’s Hawaiian Shave Ice discloses average revenue of $455K; no Item 19 revenue figure is on file for Arwa Coffee. FranchiseVerdict rates Arwa Coffee B (Above average) and Ululani’s Hawaiian Shave Ice B (Above average).
| Metric | Arwa Coffee | Ululani’s Hawaiian Shave Ice |
|---|---|---|
| Verdict Grade | BAbove average | BAbove 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 | $455K |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 9 | 11 |
| Unit Growth (YoY) | +5 units | +2 units |
| 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
$455K
SBA Charge-Off Rate
Limited data
N/A
Total Units
9
11
Unit Growth (YoY)
+5 units
+2 units
Year Began Franchising
2024
2016
FDD Year
2026
2025