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