7 Ice Cream Business Success Stories [2024]

Updated: November 1st, 2023
Start An Ice Cream Business

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

Here are some real life success stories of starting a ice cream business:

Learn more about starting an ice cream business:

Where to start?

-> How to start an ice cream business?
-> How much does it cost to start an ice cream business?
-> Pros and cons of an ice cream business

Need inspiration?

-> Examples of established ice cream business
-> Marketing ideas for an ice cream business
-> Ice cream business slogans
-> Ice cream business names
-> Ice cream business Instagram bios
-> Ice cream business Instagram captions

Other resources

-> Ice cream business tips
-> Blog post ideas for an ice cream business
-> Ice cream business quotes

1. Midnight Kitchen Tools ($780K/year)

Michael Chou, an engineer working for NASA, came up with the idea for Midnight Kitchen Tools one night when he realized the need for an ergonomic ice cream scoop to protect his wrist from discomfort. After successfully launching the Midnight Scoop on Kickstarter and receiving valuable feedback, Chou expanded his product line to include the Midnight Slice, a revolutionary pizza slicer. With a focus on high-quality, functional kitchen tools, Midnight Kitchen Tools continues to innovate and meet the evolving needs of home cooks.

How much they make: $780K/year
How much did it cost to start: $25K
Current team size: 4


How This NASA Engineer Built A $65K/Month Kitchen Tools Business

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.

Michael started Midnight Kitchen Tools almost 10 years ago
Michael grew the business to $65K/month
It cost Michael $25000 to start the business
Read by 1,450 founders

4. Jeni's

Jeni Britton Bauer is the founder and chief creative officer of Jeni's, who started this business in 2002. Jeni's is known for making ice creams with artful attention to detail and amazing customer satisfaction. Her cookbooks have won New York Times and Wall Street Journal bestsellers along with James Beard Award in 2012.

Where they're located: Nashville, Tennessee, USA
Website traffic: 290K/month


5. Ben & Jerry's Ice Cream

Official site for Ben & Jerry's super premium ice cream and greek frozen yogurt. Peace, Love, & Ice Cream.

Website traffic: 140K/month

6. Nick's Ice Cream

Nick's was founded by Nicolas Luthman in 2014 when he was diagnosed as pre-diabetic. Nicolas shifted his lifestyle to a low-carb and anti-inflammation diet, which led to the development of Nick's. His ice creams have now successfully become a replacement for sugar while being tasty treats.

Website traffic: 90K/month


7. Cold Stone Creamery

Cold Stone Creamery offers the Ultimate Ice Cream Experience. Ice Cream, Ice Cream Cakes, Shakes, and Smoothies the Way You Want It.

Where they're located: Tucson, Arizona, USA
Website traffic: 1.24M/month