News

Jeremiah's to add 16 Southeastern US stores

Photo: Provided

February 13, 2020

Florida-based frozen treats franchise Jeremiah's Italian Ice, a Florida-based frozen treats franchise, has signed its very first area representative agreement to develop 16 locations throughout northern Florida and various parts of southern Georgia, a news release said.  

The development deal with KBK Enterprises, LLC includes a store in Tallahassee, as well as oversight of franchise development and store support for 15 locations in a 10-county territory in the two aforementioned states.  

"We're taking a culture-centered approach to growth, which means we're focused on aligning the interests of our brand with our people at every level, from in-store crew members to franchisees to area representatives," said Jeremiah's founder and CEO Jeremy Litwack, in the release. "We've been scooping up our tasty frozen treats for nearly 25 years, and I am confident that the team at KBK Enterprises is the right group to drive our expansion in a new region with so much potential."

Jeremiah's began franchising late last year after its founding in 1996. In the six months since then the brand has sold more than 75 franchises to more than 30 franchisee groups, including its first out of state locations in Arizona, Georgia, North Carolina and Texas. Among the signed development deals, 20 are multi-unit contracts, and the brand is on track to have 100 stores open or in development in the next two years.

Including a franchise fee of $30,000, the investment range to open a traditional 800-1,200 square foot location is $221,105-$486,618. The investment range for a 175-250 square foot co-brand/kiosk franchise is $98,755-$202,290, which includes a $15,000 franchise fee. 

The brand currently has 23 Florida locations.