Ike’s, the Franchise, Inc
Key figures
| Initial franchise fee | $80,000 |
| Total investment (Item 7) | $141,300 – $616,500 |
| Royalty (Item 6) | 8% of gross sales |
| Headquarters state | CA |
| Legal name (Item 1) | Ike’s, the Franchise, Inc |
| FDD issuance date | 2025-04-22 |
| Franchised units (Item 20) | 7 (Item 20, p.49) |
| Brand website | https://www.loveandsandwiches.com |
About Ike’s, the Franchise, Inc
It costs $141,000 - $614,000 to start a Ike's franchise. From royalty fees, training, territory protection, here's all you need to know. It costs on average between $141,000 – $614,000 to start a Ike’s franchised restaurant. This includes expenses for construction, equipment, initial inventory, and operating costs. Did you know that bringing Ike's Love and Sandwiches' legendary "dirty sauce" and celebrity-named sandwich creations to your community requires a tota...
Due diligence dossier
Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.
Unit history (Item 20)
| Year | Franchised | Company-owned | Total |
|---|---|---|---|
| 2022 | 6 | 88 | 94 |
| 2023 | 7 | 96 | 103 |
| 2024 | 7 | 96 | 103 |
Source: Item 20, p.49 of the brand's FDD.
Risk & history facts
| Closures in the last 3 years | 0 (Item 20, p.50 of the FDD) |
| Transfers in the last 3 years | 0 (Item 20, p.50 of the FDD) |
| Litigation matters disclosed (Item 3) | 0 (Item 3, p.9 of the FDD) |
| Bankruptcy (Item 4) | No bankruptcy disclosed (Item 4) (Item 4, p.9 of the FDD) |
Litigation summary (Item 3): No litigation information is required to be disclosed in this Item. (Item 3, p.9 of the FDD)
Item 19 — franchisor-provided financial performance representations
These figures are the franchisor's own representations in Item 19 of its FDD. They are not verified earnings and are not a promise of what any unit will earn.
| Average revenue | $855,042 (Item 19, p.48 of the FDD) |
| Median revenue | $706,740 (Item 19, p.48 of the FDD) |
| Revenue range | $306,390 – $1,454,462 (Item 19, p.48 of the FDD) |
Ownership & operations
| Owner-operator required | Yes (Item 15, p.41 of the FDD) |
| Absentee ownership allowed | No (Item 15, p.41 of the FDD) |
Territory description (Item 12): Franchisees are granted a Designated Territory with a minimum radius of 1/4 mile (urban) or 2 miles (suburban), but do not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or alternate distribution channels. (Item 12, p.34 of the FDD)
Training: One of our representatives for a period of up to 14 days around your scheduled opening to provide on-site pre-opening assistance and training. (Item 11, p.24 of the FDD)
Ongoing support:
- Visits to inspect the Restaurant and evaluate products/services
- Review of annual advertising plan
- Advice and written materials concerning management techniques
- Training programs and seminars
- Additional on-site training at franchisee's request
- Administration of the Worldwide Creative Marketing Fund
- Indemnification against damages for use of Marks
- Annual franchisee meeting
Source: Item 11, p.24 of the brand's FDD.
Company facts
| Headquarters | San Francisco, CA (Item 1, p.6 of the FDD) |
| Years in business | 6 (Item 1, p.6 of the FDD) |
| Years franchising | 6 (Item 1, p.6 of the FDD) |
| Initial term | 10 years (Item 17, p.42 of the FDD) |
| Renewal term | 10 years (Item 17, p.42 of the FDD) |
| Company-owned units | 96 (Item 20, p.49 of the FDD) |
| Projected new units | 3 (Item 20, p.51 of the FDD) |
Questions to ask the franchisor
Generated from what this brand's FDD data does not disclose — ask Ike’s, the Franchise, Inc directly:
- What liquid capital does the franchisor require of a new franchisee? It is not disclosed in the FDD data we hold for this brand.
- What minimum net worth does the franchisor require? It is not disclosed in the FDD data we hold for this brand.
Territory — what the FDD says (Item 12)
This brand's Item 12 grants no territory at all. There is no geographic protection and no territory-based exclusion; where you may operate is defined by the franchisor's own placement decisions.
The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory.”
Next steps with Ike’s, the Franchise, Inc
Put Ike’s, the Franchise, Inc on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.