2026 FDD Item 19, p. 51
Jeni's Splendid Ice Creams Franchise Revenue and Company-Owned Profit (2026 FDD)
In Item 19 of its 2026 Franchise Disclosure Document, Jeni's Splendid Ice Creams reports average annual Net Sales, corporate-owned Shops of $983,258 (Fiscal 2025 (ended January 4, 2026), 85 corporate-owned Shops open all of fiscal 2025; 36 (42.4%) met or exceeded the average). The figures below are selected disclosures, not a substitute for reading the full Item 19.
Startup cost: a Jeni's Splendid Ice Creams franchise costs an estimated $698,000 – $954,750 to open (Item 7). See the full Jeni's Splendid Ice Creams franchise cost breakdown.
Does Jeni's Splendid Ice Creams’s Item 19 show profit or owner pay?
Partly. Besides sales, Jeni's Splendid Ice Creams’s Item 19 reports “Average annual Gross Profit, corporate-owned Shops (Net Sales less COGS)”, “Average annual Net Profit, corporate-owned Shops (after an imputed 7% royalty and brand fund)” and “Median annual Net Profit, corporate-owned Shops”. These profit figures cover company-owned units, not franchised ones, so they do not show a franchisee’s results. Each figure follows the franchisor’s own definition in Item 19, which decides which costs are deducted and whether an owner’s salary is one of them. None of them is necessarily an owner’s take-home pay.
What Jeni's Splendid Ice Creams discloses (Item 19)
Source: Jeni's Splendid Ice Creams 2026 FDD, Item 19, PDF p. 51.
| Figure | Value | Period | Based on |
|---|---|---|---|
| Average annual Net Sales, corporate-owned Shops | $983,258 | Fiscal 2025 (ended January 4, 2026) | 85 corporate-owned Shops open all of fiscal 2025; 36 (42.4%) met or exceeded the average (Item 19, PDF p. 52) |
| Median annual Net Sales, corporate-owned Shops | $920,992 | Fiscal 2025 | 85 corporate-owned Shops (Item 19, PDF p. 53) |
| Average annual Gross Profit, corporate-owned Shops (Net Sales less COGS) | $724,751 | Fiscal 2025 | 85 corporate-owned Shops; 73.7% of Net Sales (Item 19, PDF p. 52) |
| Average annual Net Profit, corporate-owned Shops (after an imputed 7% royalty and brand fund) | $120,118 | Fiscal 2025 | 85 corporate-owned Shops; 12.2% of Net Sales; excludes owner pay, financing, depreciation and taxes (Item 19, PDF p. 53) |
| Median annual Net Profit, corporate-owned Shops | $113,903 | Fiscal 2025 | 85 corporate-owned Shops; 42 (49.4%) met or exceeded the average (Item 19, PDF p. 56) |
Item 19 sample and definitions
Item 19 (PDF pages 51-56) covers the 85 of 94 corporate-owned Shops that operated all of fiscal 2025 (excluding 7 opened in 2025 and 2 seasonal), since there were no franchised Shops. Shops are grouped into quartiles by Net Profit: average Net Profit was $332,780 in the top quartile and -$75,139 in the bottom quartile, whose average Net Sales ($783,236) were higher than the lower-middle quartile's ($740,078). COGS imputes the price the parent company would charge for its products. Net Profit deducts an imputed 7% royalty and brand fund that these shops did not pay, but not the technology fee, owner compensation, financing, depreciation or taxes.
How to interpret Jeni's Splendid Ice Creams’s Item 19 figures and sample limits · What Item 19 does and does not show about owner pay.
A source check placed this record on review hold. Automatic fee estimates are withheld until the outstanding issues are resolved. Reported sales are not owner income.
Scope of these figures: The selected Jeni's Splendid Ice Creams disclosures above retain their recorded periods and samples. The lead figure covers 85 corporate-owned Shops open all of fiscal 2025; 36 (42.4%) met or exceeded the average. They do not establish take-home owner income or the results of a new outlet. Read the linked Item 19 for the franchisor's definitions and exclusions.
Full Jeni's Splendid Ice Creams franchise cost breakdown · Payback calculator (enter your own assumptions)
Sources
Jeni's Splendid Ice Creams Franchise, LLC Franchise Disclosure Document, issued May 4, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 12
- Item 6: cited PDF p. 12
- Item 7: cited PDF p. 17
- Item 19: cited PDF p. 51
- Item 20: cited PDF p. 58
- Agreement term (Item 17): cited PDF p. 44
Page references for Jeni's Splendid Ice Creams use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- November 3, 2026: Source review hold recorded. Unresolved corrections are listed in this source section.
- November 3, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued May 4, 2026).
- November 3, 2026: Rechecked against the May 4, 2026 Minnesota FDD: Items 1, 5, 6, 7, 11, 17, 19 and 20. Item 6 now lists all 22 rows (the draft had 8); the renewal fee is now recorded as 50% of the then-current fee. Added median sales and profit figures to Item 19, moved the Area Development total into notes, added the opening deadline and rewrote the analysis. The Item 20 Table 1 company-count conflict remains and is disclosed.
- November 2, 2026: Provisional publication approved per owner directive: Owner directed on November 2, 2026 that every remaining batch 6 brand go live, including brands whose FDDs print conflicting figures. Each record was rechecked against its FDD on November 3, 2026; the unresolved source conflicts remain disclosed and the record is not marked verified.