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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Frios

Frios

Frios Franchising Company, LLC offers franchises for mobile gourmet pops businesses operating Sweet Ride Vans, Happiness Hauler Trailers, or Nelson Carts that serve specialty gourmet ice pops and other menu items, with an option for wholesale sales to businesses within a designated territory. Franchisees must follow the Frios System, using proprietary products, supplies, and procedures to ensure brand consistency. The business model targets consumers seeking unique frozen desserts in a highly competitive, seasonal market against food trucks, ice cream shops, and other dessert vendors.

113locations
$65K–$110K
Since 2018
Food & BeverageMobile, ALFGP Holding, LLCwww.friospops.comDisclaimer

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Franchise Costs

Franchise Fee
$37,500
Initial Investment
$64,548 – $109,917
Royalty Rate
N/A
Brand Fund
2.00%
Fixed Monthly Fees
$250 – $350

Up to 2% of Gross Sales for Brand Development Fund + $250-$350/mo Technology and Marketing Fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$92,474.86
Median Gross Revenue
$77,002.43

Data Based On: 56 Operational Franchise Outlets for the 2025 Calendar Year, segmented by years in operation.

* Average Gross Revenue was calculated as a weighted average using data from Table I (Gross Sales Based on Years in Operations for the 2025 Calendar Year): Segment 1 (20 units): Average = $118,832 Segment 2 (36 units): Average = $77,832 Weighted Average Gross Revenue = (20 * $118,832 + 36 * $77,832) / (20 + 36) = $92,474.86. Median Gross Revenue was approximated as a weighted average of the segment medians from Table I: Segment 1 (20 units): Median = $100,414 Segment 2 (36 units): Median = $63,996 Weighted Median Gross Revenue = (20 * $100,414 + 36 * $63,996) / (20 + 36) = $77,002.43.

Extracted Item 19 Section

Avg. Revenue: $92,475

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How Frios Compares

Key Insights

  • One of the lowest investment costs in Food Truck (ranked #1 of 9)
  • Top 10 largest franchise system in Food Truck
  • One of the lowest SBA loan default rates in Food Truck
FranchiseInvestmentFeeRoyaltyLocations
Frios
Current
$65K – $110K$38KN/A113
KONA ICE$115K – $229K$15KN/A1,929
TRAVELIN' TOM'S COFFEE$185K – $265K$15KN/A331
DONUTNV$190K – $273K$60KN/A142
Cousins Maine Lobster$194K – $651K$40K8.0%78
Wild Bill's$110K – $256K$50KN/A20
Food Truck Average
9 franchises
$172K – $328K$33K7.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 9 Food Truck franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
25
2GA
10
3FL
9
4NC
9
5AL
7
6SC
7
7OK
5
8PA
5
9MS
4
10OH
4
11TN
4
12NE
3
13AZ
3
14MN
2
15NM
2

+12 more states

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SBA Loan History


Historical SBA 7(a) loan data for Frios franchisees (20182020)

Total Loans
3
Average Loan
$86,467
Total Volume
$0.3M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

3 SBA loans on record

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Franchisee Contacts

78 franchisee contacts on file from official FDD filings.

78 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
10
Non-Renewals
1
Reacquired
1
Ceased Ops
0
Transfers
N/A
Sold to Franchisees
0
Projected New
20

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Frequently Asked Questions

The total initial investment to open a Frios franchise ranges from $64,548 to $109,917. This includes a franchise fee of $37,500.