Franchise Facts Report → brands → Millie's Homemade Ice Cream
Millie's Homemade Ice Cream franchise — is it worth it?
Low risk Growing network Item 19 disclosed
What Millie's Homemade Ice Cream's most recent Franchise Disclosure Document says about the money, the litigation, and the franchisee churn — before you wire a five- or six-figure franchise fee.
Everything below is free, read straight off Millie's Homemade Ice Cream's registered filing, with where the numbers land against category peers. Weighing Millie's Homemade Ice Cream against other options? Get a free shortlist of franchises that fit your budget.
Figures above are as disclosed in Millie's Homemade Ice Cream's most recent FDD (registered 2025). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 34996-202510-10 — check it yourself. See every other Minnesota-registered franchise.
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Tell us your budget and the industries you're open to. We'll match you with 5–10 franchises whose own FDDs fit — ranked by earnings disclosure, growth and closure rate — and email you the list. Millie's Homemade Ice Cream will be on it if it fits.
How much does a Millie's Homemade Ice Cream franchise make?
Millie's Homemade Ice Cream is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure did not machine-read cleanly from this filing, so we don't print one; Item 19 of the source FDD has the tables. See every other brand that discloses earnings in the Other franchises with disclosed Item 19 earnings ranking.
Millie's Homemade Ice Cream franchise profit vs. revenue
Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Millie's Homemade Ice Cream's 5.5% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Millie's Homemade Ice Cream franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Millie's Homemade Ice Cream franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure.
Millie's Homemade Ice Cream lawsuits & legal history (FDD Item 3)
Millie's Homemade Ice Cream's most recently filed Franchise Disclosure Document (2025) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.
Millie's Homemade Ice Cream closures & failure rate
Before you sign, Millie's Homemade Ice Cream will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Millie's Homemade Ice Cream's most recent filing shows, and whether it's normal for a franchise of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Millie's Homemade Ice Cream's latest tables show a growing franchised network. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 0%. Net franchised outlets moved +1 to 9 in the latest reported year.
Who owns Millie's Homemade Ice Cream?
Millie's Homemade Ice Cream's franchise is offered by Millie's Franchising, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2025), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it. The same franchisor files separate FDDs for other brands, which is worth knowing — sibling brands share a franchise-support organization but disclose their own numbers:
Franchises at a similar investment level at a similar investment level
Anyone weighing Millie's Homemade Ice Cream is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
Millie's Homemade Ice Cream franchise — frequently asked
Who owns Millie's Homemade Ice Cream — who is the franchisor?
Millie's Homemade Ice Cream's most recently filed FDD (2025) names Millie's Franchising, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. The same franchisor also files FDDs for Millie's Ice Cream & Coffee. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a Millie's Homemade Ice Cream franchise cost?
Millie's Homemade Ice Cream's most recently filed FDD (Item 7) puts the total estimated initial investment at $253,500 – $556,500, with an initial franchise fee of $50,000 and a 5.5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. Against category peers it sits in the lower quartile (median $227,750).
How much profit does a Millie's Homemade Ice Cream franchise make?
Millie's Homemade Ice Cream discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (5.5% of gross for Millie's Homemade Ice Cream), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Millie's Homemade Ice Cream franchise profit number quoted elsewhere is an estimate.
Does Millie's Homemade Ice Cream disclose financial performance (Item 19)?
Yes — Millie's Homemade Ice Cream reports unit-level earnings in Item 19. The headline figure did not machine-read cleanly, so check Item 19 of the source FDD for the numbers.
Are there lawsuits against Millie's Homemade Ice Cream?
No — Millie's Homemade Ice Cream's most recently filed FDD (2025) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.
Is Millie's Homemade Ice Cream a good franchise to buy?
Nobody can answer that from Millie's Homemade Ice Cream's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against category peers and against your own budget. Our read on this filing is low risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.
Get a free email when something changes on Millie's Homemade Ice Cream or this category: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.