Ice Cream Business

Business Idea: Start An Ice Cream Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$233K
Avg Startup Costs
$44.9K
Avg Revenue
Avg Days To Build
730 days

If you have ever dreamed of owning an ice cream business, [[current_year]] might be the year to make it happen.

An ice cream shop is the easiest and, if done right, the most profitable business venture you will ever begin. Experts predict the ice cream market size in the coming years will grow at a CAGR of 4.2%.

A few reasons for expanding the market include the availability of innovative flavors and the growing popularity of impulse ice cream products like cones, sandwiches, and pops. Additionally, health consciousness among consumers is likely to increase the demand for premium ice cream brands.

Here are some ice cream business ideas you might consider:

  • Start an ice cream cone production business
  • Start a vegan ice cream business
  • Start an ice cream cookbook business
  • Start a drive-thru ice cream and frozen yogurt business
  • Start an ice cream producer business
  • Start an ice cream spoon manufacturing business
  • Start an ice cream wholesaler
  • Start an ice cream truck business

Revenue & Profitability

How much do ice cream businesses make?

Startup Costs

How much does it cost to start an ice cream business?

  • It can cost as low as $25,000 to start an ice cream business.
  • It can cost as high as $150,000 to start an ice cream business.

Learn more about the costs of an ice cream business.

Examples Of Successful Ice Cream Businesses

Successful ice cream business businesses and case studies

Founder of Ice Cream Factory Shannon Imler started her company with 10 total ice cream containers, and has since expanded to over 400 stores and opened a second location with a goal to hit $863.2 million in revenue, utilizing an effective social media marketing strategy and employee appreciation for success.

$400K Monthly Revenue
$150K Startup Costs
Read by 8,387 founders

Midnight Kitchen Tools founder Michael Chou shares how he identified a need in the market for ergonomic kitchen tools, and built a successful business through Kickstarter campaigns, e-commerce capabilities, and partnerships with other companies.

$65K Monthly Revenue
$25K Startup Costs
Read by 2,241 founders

See full list of successful ice cream businesses.