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FranchiseVerdict

How Much Does a Icy-N-Spicy Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$262K – $395K

Franchise Fee

$38K

Royalty

5.5%

Ad Fund

1.0%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Icy-N-Spicy is $38K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Icy-N-Spicy franchise requires a total investment of $262K – $395K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $20K to $20K.

Ongoing Costs

Beyond the initial investment, Icy-N-Spicy franchisees pay ongoing fees. The royalty fee is 5.5% of gross sales (Gross Sales). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $500.

Net Worth & Liquid Capital Requirements

Icy-N-Spicy requires working capital of $20K – $20K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

Icy-N-Spicy does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

Next Steps

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