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FranchiseVerdict

MidnighTreats vs Ralph's Famous Italian Ices

Franchise Comparison 2026

Both MidnighTreats and Ralph's Famous Italian Ices are quick-service restaurants franchises. MidnighTreats requires an investment of $133K – $296K while Ralph's Famous Italian Ices requires $112K – $318K. MidnighTreats discloses average revenue of $485K; Ralph's Famous Italian Ices makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Based on only 2 outlets. FranchiseVerdict rates MidnighTreats C (Average) and Ralph's Famous Italian Ices C (Average).

Investment Range
$133K – $296K
$112K – $318K
Franchise Fee
$30K
$20K
Royalty Rate
7.0%
$1 per 2.5 gal tub; $3 per gal soft-serve mix; 5% of Additional Products
Average Revenue (Item 19)
$485Kn=2
N/ANo Item 19 representation
SBA Charge-Off Rate
N/A
Limited data
Total Units
4
83
Unit Growth (YoY)
+1 units
+1 units
Year Began Franchising
2024
2001
FDD Year
2026
2025