Gong cha vs Millie’s Homemade Ice Cream
Franchise Comparison 2026
Both Gong cha and Millie’s Homemade Ice Cream are quick-service restaurants franchises. Gong cha requires an investment of $185K – $627K while Millie’s Homemade Ice Cream requires $254K – $557K. In terms of revenue, Gong cha reports higher average unit revenue at $440K. Gong cha has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Gong cha A (Top Quintile) and Millie’s Homemade Ice Cream A (Top Quintile).
| Metric | Gong cha | Millie’s Homemade Ice Cream |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $185K – $627K | $254K – $557K |
| Franchise Fee | $35K | $50K |
| Royalty Rate | 6.0% | 5.5% |
| Average Revenue (Item 19) | $440K | $380K |
| SBA Charge-Off Rate | 0.0% (15 loans) | Limited data |
| Total Units | 6 | 14 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2023 | 2021 |
| FDD Year | 2025 | 2025 |
Investment Range
$185K – $627K
$254K – $557K
Franchise Fee
$35K
$50K
Royalty Rate
6.0%
5.5%
Average Revenue (Item 19)
$440K
$380K
SBA Charge-Off Rate
0.0% (15 loans)
Limited data
Total Units
6
14
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
2021
FDD Year
2025
2025