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Millie's Ice Cream & Coffee franchise — is it worth it?

Low risk Growing network Item 19 disclosed

Millie's Ice Cream & Coffee offers a food and beverage franchise opportunity with an initial investment ranging from $253,500 to $556,500.

Everything below is free, read straight off Millie's Ice Cream & Coffee's registered filing, with where the numbers land against food & beverage peers. Weighing Millie's Ice Cream & Coffee against other options? Get a free shortlist of franchises that fit your budget.

Figures above are as disclosed in Millie's Ice Cream & Coffee's most recent FDD (registered 2025). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 34996-202510-06 — check it yourself. See every other Minnesota-registered franchise.

How much does a Millie's Ice Cream & Coffee franchise make?

Millie's Ice Cream & Coffee 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 is $624,972 in average unit revenue — read it alongside what Item 19 says about which units it covers (often only mature or top-performing locations). See every food & beverage brand that discloses earnings in the Food & beverage franchises with disclosed Item 19 earnings ranking.

Millie's Ice Cream & Coffee 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 Ice Cream & Coffee's 5.5% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Millie's Ice Cream & Coffee franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Millie's Ice Cream & Coffee franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. On $624,972 of revenue, a 5.5% royalty alone is about $34,373 a year before any other cost.

Millie's Ice Cream & Coffee lawsuits & legal history (FDD Item 3)

Millie's Ice Cream & Coffee'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 Ice Cream & Coffee closures & failure rate

Before you sign, Millie's Ice Cream & Coffee 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 Ice Cream & Coffee's most recent filing shows, and whether it's normal for a food & beverage 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 Ice Cream & Coffee's latest tables show a growing franchised network. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 0%, against a food & beverage median of 3.3% — at or better than the category. Net franchised outlets moved +1 to 9 in the latest reported year.

Who owns Millie's Ice Cream & Coffee?

Millie's Ice Cream & Coffee'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:

Food & beverage franchises at a similar investment level

Anyone weighing Millie's Ice Cream & Coffee 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 Ice Cream & Coffee franchise — frequently asked