About Spiked Rich Franchise
Spiked Rich offers a distinctive ice cream parlor experience, specializing in custom ice cream crafted with liquid nitrogen.
Franchisees operate a fast-casual establishment, serving the general public with innovative frozen treats, including the unique option for alcohol-infused creations, alongside baked goods and other items.
The brand's appealing concept is defined by its distinctive interior and exterior design, proprietary recipes, and high customer service standards, creating a modern and engaging dessert destination.
Spiked Rich Franchise Cost & Fees
Minimum Investment
$325K
Average Investment
$486K
Maximum Investment
$647K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $34,500.00 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Revenues (Brand Development Fund Contribution, max $575 per weekly collection, may be raised to 3%); 2% of Gross Revenues (Required Minimum Expenditure for Local Advertising) | National brand fund |
| Total Investment Range | $324,675 – $647,242 | Includes build-out, inventory, working capital |
The investment range of $325K–$647K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenues) and marketing fee (1% of Gross Revenues (Brand Development Fund Contribution, max $575 per weekly collection, may be raised to 3%); 2% of Gross Revenues (Required Minimum Expenditure for Local Advertising)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $34,500 | $34,500 |
| Construction, Leasehold Improvements, Furniture and Fixtures | $116,519 | $289,365 |
| Equipment | $64,932 | $140,450 |
| Signage (interior and exterior) | $2,160 | $14,815 |
| Computer, Software and Point of Sales System | $3,040 | $6,776 |
| Opening Inventory | $12,090 | $19,800 |
| Rent Deposits | $18,686 | $29,197 |
| Utility Deposits | $807 | $1,798 |
| Insurance Deposits and Premiums | $92 | $3,000 |
| Pre-opening Travel Expense | $2,100 | $3,900 |
| Grand Opening Advertising | $15,000 | $16,050 |
| Professional Fees | $6,340 | $13,060 |
| Business Permits and Licenses | $3,200 | $5,675 |
| Printing, Stationery and Office Supplies | $1,601 | $3,570 |
| Additional funds – 3 Months | $43,608 | $65,286 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of the then current franchise fee, with a minimum of $20,000 |
| Renewal Fee | 50% of the then current initial franchise fee; subject to a $20,000 minimum |
| Technology Fee | Up to $500 a month |
| Audit Fee | Costs of examination plus related expenses |
| POS System | $100 |
| Loyalty Program | $100 |
| Accounting Program | $100 |
| Interest charge | 1.5% per month from due date or highest rate allowed by law, whichever is lower |
| Insufficient Funds Fee | $50 per violation |
| Additional Training | $500 per person per day plus expenses incurred |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 1 week |
| Classroom Training | 14 |
| On-the-Job Training | 34 |
| Training Location | Davie, Fl Area |
| Additional Training | Franchisor may offer mandatory and/or optional additional training programs from time to time. If required by Franchisor, Franchisee, or Franchisee’s principals shall participate in on-going training at a location designated by Franchisor or a national business meeting or annual convention. Total ongoing training and/or annual meetings required will be five (5) days or less per year. Franchisor reserves the right to impose a reasonable fee for all additional training programs. Franchisee shall be responsible for any and all incidental expenses incurred. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | The minimum Territory that may be granted in a suburban area is a file (5) mile radius or 300,000 in population, whichever is less. The minimum Territory that may be granted in an urban area is a five (5) block radius or 300,000 in population, whichever is less. |
| Description | Your Territory is located in all or a portion of a listed town, city, or county, and is identified by a group of contiguous zip codes. The Territory is determined on an individual basis taking into account minimum numbers of households, average home prices and household incomes. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | at least $20,000 |
| Renewal Conditions | Be in full compliance, have no more than three (3) events of default during current term, provide written notice to us at least six months before the end of the term, execute a new franchise agreement, pay us a Successor Agreement Fee of at least $20,000, continue to have the right to occupy the premises or have received approval from us to relocate, remodel your Franchised Business location, execute a general release. |
| Transfer Fee | 50% of the then current franchise fee, with a minimum of $20,000 |
| Transfer Conditions | Our decision not to exercise our right of first refusal; transferee meets our then-current standards for qualifying franchisees; transferee signs our then-current form of Franchise Agreement, which may have materially different terms from your Franchise Agreement; transferee and its general manager successfully complete our Initial Management Training Program; you have paid us and third-party creditors all amounts owed; you and the transferee sign a General Release; you shall subordinate any claims you have against the transferee to us; you will indemnify us for a period of 3 years following the transfer; our approval of the material terms and conditions of the transfer; landlord’s consent of a lease assignment, if applicable; payment of a transfer fee equal to at least $20,000. |
| Termination for Cause | We may terminate only if you default. The Franchise Agreement describes defaults throughout. Please read it carefully. |
| Non-Compete Period | During the term of the franchise and 24 months after the termination of the Franchise Agreement |
| Non-Compete Details | During the term: You may not divert customers to competitors, participate in similar restaurant/eatery businesses, induce our employees to leave, or act prejudicially to our goodwill. Post-termination (24 months): You may not divert customers to competitors, participate in similar restaurant/eatery businesses within 10 miles of your former outlet or any other Spiked Rich location, induce our employees to leave, or act prejudicially to our goodwill. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Franchise Agreement does not require that you personally supervise your Spiked Rich outlet, although we recommend it. Your Spiked Rich outlet must be directly supervised by a general manager. Your general manager can either be you or someone appointed by you who is acceptable to us. Your general manager must successfully complete our Initial Management Training Program and all other training courses we require. Your general manager must devote full time to the job and cannot have an interest or business relationship with any of our competitors. If the franchisee is a business entity, your general manager is not required to have an equity interest in the franchisee entity. |
| Required Suppliers | We have identified various suppliers, distributors and manufacturers of equipment, fixtures, furnishings, ingredients, supplies and services that your Franchised Business must use or provide, which meets our standards and requirements. Your architect and building contractor must meet our approval. You must purchase all equipment, fixtures, furnishings, ingredients, supplies and services, including computer systems and certain software, from our designated suppliers and contractors or in accordance with our specifications. |
| Supply Restrictions | We maintain written lists of approved items of equipment, fixtures, furnishings, ingredients, supplies and services (by brand name and/or by standards and specifications) and a list of designated suppliers and contractors for those items. We will update these lists periodically and issue the updated lists to all franchisees. We reserve the right to revoke approval of any item or supplier that does not continue to meet our then-current standards. Our criteria for approving items and suppliers are not available to you. If you request that we approve a proposed item or supplier, we may charge for our actual costs of product testing and evaluation. |
| Franchisor Revenue from Suppliers | In our recent fiscal year ending December 31, 2024, neither we nor any of our affiliates has received any revenue from franchisees’ required purchases or leases. Other than us or our affiliates disclosed in Item 1, there are no other approved suppliers in which any of our officers own an interest. We do not receive any other revenue, rebates, discounts or other material consideration from any other supplies based on your required purchases of products, supplies or equipment; however, we may do so in the future, and any rebates or discounts we receive may be kept by us in our sole discretion. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or obligation on your behalf. |
Spiked Rich Franchise Earnings — Item 19
Revenue Range
$805K – $1.0M
Sample Size
2 units
Past financial performance does not guarantee future results. Individual results will vary.
Spiked Rich Litigation & Risk Flags
Clean Litigation RecordSpiked Rich has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Spiked Rich System Growth
Total Units
2
Franchised
0
Company-Owned
2
Spiked Rich currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 2 |
| 2024 | 0 | 0 | 2 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 16 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$11K
Net Income
$-36,095
Total Assets
$47K
Audited by Metwally CPA PLLC for year ending December 31.
Spiked Rich Franchise — FAQ
The total investment to open a Spiked Rich franchise ranges from $324,675 to $647,242, per their Franchise Disclosure Document. This includes the initial franchise fee of $34,500.00. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Spiked Rich charges a royalty fee of 6% of Gross Revenues of gross sales, plus a 1% of Gross Revenues (Brand Development Fund Contribution, max $575 per weekly collection, may be raised to 3%); 2% of Gross Revenues (Required Minimum Expenditure for Local Advertising) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Spiked Rich Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Spiked Rich to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Spiked Rich franchise owners report . This is based on a sample of 2 units. Past performance does not guarantee future results.
Spiked Rich has been franchising since 2021. The FDD shows an investment range of $324,675-$647,242, a 6% of Gross Revenues royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $34,500.00 and the total investment ranges from $324,675 to $647,242 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Spiked Rich and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Spiked Rich or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com