Total Estimate
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Frios Gourmet Pops

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Restaurants & Food
Category
Desserts
Investment Range
$71,615 - $90,654
Total US Locations
109
Franchise Units
108
Founding Year
2016
Started Offering Franchises
2018
Management Capacity
Owner Operator
Job Count
7
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
Yes
Royalty Fee
Variable
Marketing Fee
NA
Franchise Fee
$37,500
Headquarters (City, State)
Mobile, AL
Square Footage
NA
Retail Location?
No
Agreement Term Length
10 years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

Frios Gourmet Pops is a mobile gourmet popsicle franchise and the largest of its kind in the country. They offer hand-poured pops made with high-quality, fresh ingredients and an extensive menu of unique flavors that appeal to both kids and adults. Frios has developed a modern twist on the traditional ice cream truck through their branded "Sweet Ride" vans, giving owners the flexibility to sell at community festivals, sports events, farmers markets, neighborhoods, and more. In addition, they provide a low-cost, low-overhead business model with no storefront required, comprehensive training, and ongoing franchise support, making it an accessible entry point for aspiring entrepreneurs.

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Management team / founders

After a successful career in his family's oil and gas supply company in Mobile, Alabama, Mr. Cliff Kennedy discovered Frios Gourmet Pops as a customer and was instantly drawn to the business model and its potential. From 2017 to 2018, he studied the franchise in depth and became a multi-unit franchisee himself. Recognizing opportunities to improve and scale the brand, he acquired the company in December 2018 and is now the CEO. Jen Rogers serves as Brand President and CMO, bringing over two decades of experience building and scaling brands, and Alison Groom, a former franchisee herself, serves as VP of Operations. With territories available across the U.S., Frios is dedicated to the continued success of franchisees. Franchise owners are assisted with every step prior to launching, as well as with continuous support from the management team. Comprehensive training is provided to help owners build a profitable business quickly, even with no prior experience.

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Focus of owner for daily business operations

As a Frios Gourmet Pops franchise operator, the main facets of the business entail: 1. Managing your routes, event schedules, and inventory of gourmet pops; 2. Attracting and retaining customers through community events, festivals, and local partnerships; 3. Conducting local marketing efforts including online advertising, promotional events, and building word-of-mouth referrals; 4. Review of financials, sales metrics, and territory expansion opportunities.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
Variable
6%
6%
Marketing Fee
NA
Franchise Fee
$37,500
$35,000
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$37,500
$37,500
When Franchise Agreement is signed
Sweet Ride Van, Wrap, and Equipment
$15,115
$16,654
As incurred
Computer, Software, and Point of Sale System
$300
$1,500
As incurred
Grand Opening Marketing
$1,000
$2,000
As incurred
Initial Starter Pack
$5,500
$6,500
As incurred
Insurance Deposits – Three Months
$1,000
$2,000
As incurred
Travel for Initial Training
$750
$1,500
As incurred
Professional Fees
$250
$2,500
As incurred
Licenses and Permits
$200
$500
As incurred
Additional Funds – Three Months
$10,000
$20,000
As incurred
Total Estimate
$71,615
$90,654
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
53
59
+6
Franchised
2023
59
89
+30
N/A
2024
89
108
+19
N/A
2022
1
1
0
Company-Owned
2023
1
1
0
N/A
2024
1
1
0
N/A
2022
54
60
+6
Total Outlets
2023
60
90
+30
N/A
2024
90
109
+19
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Frios Gourmet Pops
21% / 104%
2% / 4%
0% / 11%
Industry median
0% / 3%
2% / 9%
0% / 6%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

Frios Gourmet Pops provides a great opportunity for an investor looking for a fun, low-cost, mobile business with flexible ownership options. The proven success of the business model, low overhead with no storefront requirement, and a total investment starting under $65k make the investment highly accessible. Additionally, the brand's rapid growth as the largest gourmet pops franchise in the country, combined with strong consumer demand in the growing frozen dessert market, provides potential investors with significant scalability and expansion potential across available U.S. territories.