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General

Industry

Food and Beverage

Category

Frozen Dessert

Works with Franchise Brokers

No

Year of Founding

2012

Fees

Marketing Fee

2%

Royalty Fee

8%

Franchise Fee

$25,000-$25,000

Investment Range

$157K-$288K

Location units

Total U.S. Locations

9

U.S. Franchised Units

9

U.S. Corporate Units

N/A

Headquarters (City)

San Fernando

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2013

Issuance of FDD Data

06/04/2019

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$157K-$288K

Franchise Fee

$25,000-$25,000

What to know about Paradis franchise?

Paradis is a luxury ice cream brand with multiple stores all over the United States. They make artisanal ice creams using only the finest ingredients. The company offers a wide variety of flavors, including both classic and modern options. Some of Paradis' most popular flavors include salted caramel, chocolate chip cookie dough, and pistachio. In addition to its signature ice creams, they also offer a selection of sorbets, gelatos, and frozen yogurts. Their staff is highly trained and passionate about their products. They are always willing to help customers find the perfect flavor for their needs. Paradis is dedicated to providing its customers with the highest quality ice cream possible. Paradis provides their franchisees with everything they need to get started, including store design, equipment, signage, and marketing materials. They also offer ongoing support to help franchisees grow their businesses.

Paradis is based in San Fernando, CA. Scroll down to learn more!

How much does a Paradis franchise cost?

Are you wondering how much is a Paradis franchise? Before starting a Paradis franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Paradis franchise is $156,800 and can go all the way up to $287,500. Keep in mind, you should also allocate additional funds to live off of while the Paradis business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Paradis franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Paradis business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Paradis franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Paradis. Hotels to the Frozen Dessert, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 5 1 0 6
2017 6 4 0 10
2018 10 0 1 9

Additional Details

How much does a Paradis franchise owner make?

Paradis franchise earnings and revenue can vary significantly from one franchisee to another.
The Paradis franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Paradis discloses financials at the unit level. In other words, they show how much Paradis franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Paradis franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Paradis. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Paradis owners were making.

Visit the Paradis metrics tab to explore the financials for this business.

What is the Paradis franchise fee?

Owning a Paradis franchise requires 8% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Paradis Franchise Disclosure Document

Keep in mind, there is also an initial Paradis franchise fee of $25,000 that is included in the initial investment amount of $156,800 to $287,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Paradis franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Paradis franchise fee of $25,000.

Visit the Paradis metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Paradis founded?

Paradis started offering franchises in 2013. Paradis was founded 10 years ago in 2012.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Paradis locations are in the U.S.?

As of 2019, there were 9 locations across the U.S. There are also 0 corporate locations. Most Food and Beverage franchises like Paradis have more franchised locations than corporate locations.

How many Paradis franchises opened over the past few years?

Over the prior 3 years we have data for, Paradis has opened 5 outlets throughout the U.S. Visit the Paradis metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Paradis franchises closed over the past few years?

Over the prior 3 years we have data for, Paradis has closed 1 outlets throughout the U.S

Visit the Paradis metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Paradis growing? Are they opening more locations than they are closing?

The net unit growth rate for Paradis over the past 3 years is 80%. Over the last year we have data for, Paradis had a net unit growth rate of -10%.

Without a comparison, this number doesn’t mean much. Compare how the Paradis growth rate compares to 2,000+ other franchises and Industry franchises like Paradis. More info in the Paradis metrics tab.

Is Paradis franchise eligible for an SBA Loan?

Paradis is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Paradis franchise was assigned the SBA Franchise ID of S2790 on 03/22/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Paradis that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Paradis a franchise in the United States?

According to the SBA, Paradis meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Paradis provides you with an FDD if you are in discussion to buy a Paradis.

What is the Paradis Franchise for Sale Rate?

The Paradis systemwide health and franchisee satisfaction can be measured by the Paradisfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Paradis franchise for sale rate over the past 3 years is 44%. Over the last year we have data for, Paradis had a franchise for sale rate of 44%.

Without a comparison, this number doesn’t mean much. Compare how the Paradis franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Paradis. More info in the Paradis metrics tab.

What is the Paradis Franchise Failure Rate?

Paradis franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Paradis failure rate over the past 3 years is 11%. Over the last year we have data for, Paradis had a franchise failure rate of 11%.

Without a comparison, this number doesn’t mean much. Compare how the Paradis franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Paradis. More info in the Paradis metrics tab.

How can I find out more details on Paradis franchise?

Visit the Paradis metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Paradis

$222,150

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Paradis

8%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Paradis

$25,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

General

Industry

Food and Beverage

Category

Frozen Dessert

Works with Franchise Brokers

No

Year of Founding

2012

Fees

Marketing Fee

2%

Royalty Fee

8%

Franchise Fee

$25,000-$25,000

Investment Range

$157K-$288K

Location units

Total U.S. Locations

9

U.S. Franchised Units

9

U.S. Corporate Units

N/A

Headquarters (City)

San Fernando

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2013

Issuance of FDD Data

06/04/2019

Detailed Franchise metrics for Paradis

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Paradis below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Paradis

0%

80%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Paradis

NA

44%

Industry median

All franchises median

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Franchise Disclosure Document

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Paradis

NA

11%

Industry median

All franchises median

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Business details

Website

http://www.paradis-icecream.com/

Business email

a*****@Daradis-icecream.com

Mailing address

1701 1®' Street

State headquarters

California

Contact Name

Paradis

Phone

+1 (000) 0********00

City

San Fernando

Zip code

91340
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