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FranchiseVerdict

Ralph's Famous Italian Ices vs MidnighTreats

Franchise Comparison 2026

Both Ralph's Famous Italian Ices and MidnighTreats are quick-service restaurants franchises. Ralph's Famous Italian Ices requires an investment of $112K – $318K while MidnighTreats requires $133K – $296K. MidnighTreats discloses average revenue of $485K; Ralph's Famous Italian Ices does not report Item 19 data. FranchiseVerdict rates Ralph's Famous Italian Ices A (Top Quintile) and MidnighTreats A (Top Quintile).

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