Ululani's Hawaiian Shave Ice Franchise FDD, Costs & Fees (2026)

Ululani's Hawaiian Shave Ice is a frozen dessert franchise offering Hawaiian shave ice with flavored syrups and specialty toppings, serving families and dessert enthusiasts, and known for finely shaved ice and tropical flavors.

KEY FRANCHISE STATS

Franchisees

100%

Franchise fee

$58,000

Investment

$296,000 - $596,000

Revenue (AUV)

n.a.

Ululani's Hawaiian Shave Ice is a frozen dessert franchise specializing in finely shaved ice topped with flavored syrups. Customers can choose from different fruit and dessert-inspired flavors, with syrups made using pure cane sugar and selected fruit ingredients.

Charlotte "Ululani" Yamashiro began serving Hawaiian shave ice at community events and farmers' markets in 2003 after moving to the Pacific Northwest. She later returned to Hawaii and opened a shop in Lahaina, Maui, in 2008 with her husband, David Yamashiro, and Brad Edgerton.

Ululani's Hawaiian Shave Ice subsequently introduced a franchise program based on its recipes and preparation methods. The business continues to focus on finely textured ice, flavored syrups, and Hawaiian-style dessert service.

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Initial investment

The initial investment required for a Ululani's Hawaiian Shave Ice franchise is $296,000 - $596,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

TYPE OF EXPENDITURE	AMOUNT
Initial Franchise Fee	$58,000
Rent and Security Deposit	$12,000 to $20,000 first three months ($3,000 to $5,000 per month plus deposit)
Construction, Remodeling and Leasehold Improvements	$60,000 to $250,000
Utility Deposits and Fees	$1,800 to $5,500 first 3 months ($600 to $1833 per month)
Computer Hardware and Software	$2,500 to $4,500
Fixtures and Furnishings	$5,000 to $25,000
Equipment and Supplies	$55,000 to $85,000
Initial Stock of Supplies and Inventory	$50,000
Signage	$5,000 to $10,000
Payroll – 3 months	$24,500 to $42,000 ($8,166.67 to $14,000 per month)
Out-of-Pocket Expenses During Training	$5,500 to $7,500
Initial Advertising	$5,000 to $15,000
Licenses and Permits	$500 to $3,000
Professional Fees	$3,500 to $5,000
Insurance	$1,000 to $2,000 first 3 months ($333 to $666 per month)
Bank Fees (Automatic Payment Processing)	$500 to $800 first 3 months ($166 to $266 per month)
Miscellaneous Opening Costs	$1,000 to $3,000
Additional Funds – 3 months	$5,000 to $10,000
Total Estimated Initial Investment	$295,800 to $596,300

TYPE OF EXPENDITURE	AMOUNT
Initial Franchise Fee	$58,000
Rent and Security Deposit	$12,000 to $20,000 first three months ($3,000 to $5,000 per month plus deposit)
Construction, Remodeling and Leasehold Improvements	$60,000 to $250,000
Utility Deposits and Fees	$1,800 to $5,500 first 3 months ($600 to $1833 per month)
Computer Hardware and Software	$2,500 to $4,500
Fixtures and Furnishings	$5,000 to $25,000
Equipment and Supplies	$55,000 to $85,000
Initial Stock of Supplies and Inventory	$50,000
Signage	$5,000 to $10,000
Payroll – 3 months	$24,500 to $42,000 ($8,166.67 to $14,000 per month)
Out-of-Pocket Expenses During Training	$5,500 to $7,500
Initial Advertising	$5,000 to $15,000
Licenses and Permits	$500 to $3,000
Professional Fees	$3,500 to $5,000
Insurance	$1,000 to $2,000 first 3 months ($333 to $666 per month)
Bank Fees (Automatic Payment Processing)	$500 to $800 first 3 months ($166 to $266 per month)
Miscellaneous Opening Costs	$1,000 to $3,000
Additional Funds – 3 months	$5,000 to $10,000
Total Estimated Initial Investment	$295,800 to $596,300

Franchise Disclosure Document

Below is Ululani's Hawaiian Shave Ice's 2026 Franchise Disclosure Document. Sign up for free to view the document.

FRANCHISE FINANCING

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Number of units

Ululani's Hawaiian Shave Ice had 16 total units in 2026, of which 12 were franchised-owned and 4 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Ululani's Hawaiian Shave Ice

key competitors in the

Ice Cream

sector.

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New

100%

5%-6%

$296,000

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n.a.

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New

-2%

6.00%

$53,000

$684,000

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n.a.

Dairy Queen

Over $500K

1969

New

4.00%

$1,516,000

$2,543,000

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n.a.

The Dolly Llama

$100K - $200K

New

n.a.

6.00%

$162,000

$473,000

n.a.

Crispy Cones

$200K - $500K

New

500%

5.00%

$374,000

$582,000

n.a.

Tifa

Over $500K

New

200%

6.00%

$500,000

$676,000

$508,000

n.a.

Hokulia Shave Ice

$50K - $100K

New

6.00%

$86,000

$930,000

n.a.