Franchise Deep Dive: Chill-N Nitrogen Ice Cream Franchise Costs, Fees, Profit and Data

LAST UPDATED: June 2024

FRANCHISE WEBSITE: https://www.chillnicecream.com/franchising 

NUMBER OF LOCATIONS: 14

REPORTED COST TO GET IN: $462,000 - $679,000

REPORTED ROI (Item 19):  $643,013 (median revenue 2022)

Chill-N Nitrogen Ice Cream is a non-traditional Miami-based ice cream franchise. Rather than serving premade ice cream made with the traditional churning method, Chill-N lets customers build their own custom flavors and then uses liquid nitrogen to flash freeze the ingredients into their finished form.

How Many Chill-N Nitrogen Ice Cream Locations Are There?

Chill-N was founded in 2011 by ice-cream-loving entrepreneur Danny Golik. Golik and some of his friends spent six months experimenting in a garage with different ice cream recipes. After enduring plenty of brain-freezes, the group finally perfected what they call the "nitrogen ice cream equation." 

As of March 2024, there are 14 open Chill-N locations, with more in development. 

What Is the Chill-N Nitrogen Ice Cream Business Model?

Chill-N provides a personalized and interactive experience where customers can customize their ice cream with their choice of base, flavor, and mix-ins, and watch as it is made right in front of them using liquid nitrogen. 

Chill-N provides its franchisees the following benefits:

• Real Estate/Site Selection
• Store Build-Out/Construction
• Equipment Purchasing Packages
• Professional Manuals
• Training Systems
• Accounting Outsource Services
• Point of Sale Packages
• Social Media Portal
• Marketing and Brand Development
• Vendor & Supplier Product Systems
• Proprietary Recipes
• Grand Opening Support

How Much Can Chill-N Nitrogen Ice Cream Owners Make?

The median revenue for Chill-N Nitrogen Ice Cream stores in 2022 was $643,013. 

How Much Does It Cost to Open a Chill-N Nitrogen Ice Cream Franchise?

The investment range for Chill-N Nitrogen Ice Cream depends on the condition and size of the location, but franchisees can expect to pay around $462,000 to $679,000. 

Other financial requirements and fees include: 

• Net Worth: $700,000 for a single unit; $1,000,000 for multi units
• ?Liquid Capital: $200,000 for a single unit; $500,000 for multi units
• Royalty Fee: 6% of sales (weekly)
• Local Advertising Fee: 3%

What Is the Franchise Fee for Chill-N Nitrogen Ice Cream?

The franchise fee for a single unit is $39,000, while the franchise fees for two and three units are $69,000 and $79,000, respectively. 

Who Are the Leaders of Chill-N Nitrogen Ice Cream?

• David Leonardo - CEO
• Danny Golik - Co-Founder and Chief Operating Officer
• Donna Golik - Co-Founder and Chief Brand Officer
• Anthony Alfaro - Franchise Business Manager
• Connor Wooten - Head of Technology and Innovation
• William Golik - Head of Marketing

What Helpful Articles Can I Read to Learn More?

• An ice cream chain without freezers eyes national expansion
• Chill-N Nitrogen Ice Cream Franchise Set to Open up New Locations
• Nitrogen ice cream 'pioneers' open new Chill-N location in Brentwood
• Brothers opening 2 Chill-N Nitrogen stores
• Chill-N Nitrogen Ice Cream Launches National Franchise Program

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