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FranchiseVerdict

How Much Does a Ululani’s Hawaiian Shave Ice Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$286K – $566K

Franchise Fee

$48K

Royalty

5.0%

Ad Fund

0.5%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Ululani’s Hawaiian Shave Ice is $48K. 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 Ululani’s Hawaiian Shave Ice franchise requires a total investment of $286K – $566K. 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 $5K to $10K.

Ongoing Costs

Beyond the initial investment, Ululani’s Hawaiian Shave Ice franchisees pay ongoing fees. The royalty fee is 5.0% of gross sales (Percentage of monthly Gross Revenue). The advertising or brand fund contribution is 0.5% of gross sales. There is also a technology fee of $75.

Net Worth & Liquid Capital Requirements

Ululani’s Hawaiian Shave Ice requires working capital of $5K – $10K 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?

Ululani’s Hawaiian Shave Ice 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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