America's new Frozen Force, Jeremiah's Italian Ice® has reawakened the frozen dessert industry with the innovative, craveable product you have to try to believe. With a huge base of die-hard fans, an irresistible Culture of Cool and effortlessly simple operations, investors can’t wait to grab a scoop! How 'bout you?
1Average unit volume means the 2020 average “Gross Sales” (as that term is defined in our FDD) for our 22 company- and 1 affiliate-owned Jeremiah’s Italian Ice Shops that were open for all of 2020. During 2020, 10 of those 22 Jeremiah’s Italian Ice Shops (43%) had gross sales that equaled or exceeded that average. The median Gross Sales for the 22 Jeremiah’s Italian Ice Shops in 2019 was $498,881. Please refer to Item 19 of our FDD for all of the relevant details.