How many Milkshake Factory franchise locations are there?

As of the 2025 FDD, Milkshake Factory has 4 franchise locations. The company has been franchising since 2023.

Can you get an SBA loan for a Milkshake Factory franchise?

Yes, SBA loans are available for Milkshake Factory franchises. Historical data shows 3 SBA 7(a) loans have been approved for Milkshake Factory franchisees, with an average loan amount of $680,500. The historical default rate is 0.0%.

Is Milkshake Factory a good franchise to buy?

Milkshake Factory shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Milkshake Factory

Milkshake Factory franchises enable owners to operate quick-serve shops offering hand-spun milkshakes, gourmet chocolates, craft sundaes, and related products using a proprietary system including recipes, design, operations standards, training, and advertising. The business model involves franchisees independently owning and operating shops from leased premises typically 1,300-1,800 sq ft, with franchisor support in development, purchasing, and promotions, including multi-unit area development options. They target consumers seeking premium frozen desserts and sweets in a competitive market with ice cream shops, confectioneries, and other dessert businesses.

Locations

$510K–$773K

Investment

Since 2023

Franchising

Food & BeverageAnn Arbor, MIEdwards MSF Holdings, LLC and FW-MSF Holdings, LLCwww.milkshakefactory.comDisclaimer

Franchise Costs

Franchise Fee

$60,000

Item 5 of FDD

Initial Investment Range

$510,492 – $772,548

Low: $510,492High: $772,548

Item 7 of FDD

Royalty Rate

6.00%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Fixed Monthly Fees

$1,056 – $1,056

Item 6 of FDD

6% royalty + 2% ad fund + $1,056/mo fixed fees (technology $325, POS software $714, MS Office/antivirus $17)

Financial Performance

Item 19 Financial Performance

Data Based On: Data is described as being disclosed for 3 Franchised locations open for the first full three months of operations in 2024, and for 9 Affiliate-Owned Shops open for the entirety of 2024.

* The document indicates that financial performance data is disclosed in Item 19, referring to 'Part I' for 9 affiliate-owned shops and 'Part II' for 3 franchised locations. However, the specific financial figures (e.g., gross revenue, net income, profit) for these parts were not visible or provided in the attached OCR or image files, preventing extraction of numerical values.

Extracted Item 19 Section

How Milkshake Factory Compares

Key Insights

Higher investment than 89% of Desserts & Ice Cream franchises

Franchise	Investment	Fee	Royalty	Locations
Milkshake Factory Current	$510K – $773K	$60K	6.0%	4
RITA'S FRANCHISE COMPANY, LLC; RITA'S ICE-CUSTARD-HAPPINESS	$315K – $713K	$35K	6.5%	569
MENCHIE'S	$165K – $425K	$40K	6.0%	296
DIPPIN' DOTS	$139K – $399K	$35K	6.0%	260
MARBLE SLAB CREAMERY	$355K – $477K	$25K	6.0%	249
HAAGEN DAZS SHOP	$215K – $568K	$30K	4.0%	207
Desserts & Ice Cream Average 28 franchises	$327K – $657K	$36K	7.0%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 28 Desserts & Ice Cream franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States

1MI

2NC

3TX

4UT

SBA Loan History

Historical SBA 7(a) loan data for Milkshake Factory franchisees (2025 – 2025)

Total Loans

Average Loan

$680,500

Total Volume

$2.0M

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.

Franchisee Contacts

52 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

52 Contacts Available

Unlock all Milkshake Factory franchisee contacts with verified contact information

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

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a Milkshake Factory franchise ranges from $510,492 to $772,548. This includes a franchise fee of $60,000. Ongoing royalty fees are 6.0% of gross sales.

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