A successful popsicle business can make tens or hundreds of thousands of dollars a year. At $3.75 each, The Hyppo produces between 20,000 and 30,000 popsicles per week, equating to a weekly revenue between $75,000 and $112,500. Initiating a popsicle business can involve substantial financial commitment. Our extensive research and hands-on experience have revealed an estimated starting cost of approximately $5500 for launching a popsicle business.
It’s important to select a location for a popsicle business that receives a lot of foot traffic. The Ice Cream Production industry has come a long way and it is still evolving with a number of popsicle makers bringing in creativity in terms of flavors, packaging and mode of selling. Pros: High demand as popsicles are a popular summer treat. Cons: Limited availability as sales can be low in cold weather months.
What do I need to start a popsicle business?
Start a popsicle business by following these steps:
- Plan your business. Outline the scope, and develop a strong mission statement.
- Form a legal entity.
- Register for taxes.
- Open a business bank account & credit card.
- Set up business accounting.
- Obtain necessary permits and licenses.
- Get business insurance.
Determine how much money you’ll need and where it will come from. You may need a small business loan. Find a facility if you’re selling wholesale or at markets. With all pieces in place, you’ll be on your way to a successful popsicle business.
Crafting a business plan is key. Outline your target market. Determine ingredient/material costs and pricing. Popular flavors include strawberry, mango, blueberry, and coconut. That’s it to get started!
How many popsicles are sold annually?
Over 2 billion popsicles are sold annually. The most popular flavor is cherry. Generally, it takes 4-5 hours to make a popsicle.
In 1937, Popsicle debuted a two-stick version during the Great Depression. Good Humor debuted chocolate-covered ice cream pops and sued Popsicle for infringement. The court ruled Popsicle could sell water-based treats and Good Humor could sell ice cream pops.
North America has the largest low-calorie popsicle market share due to health-conscious consumers and food technology advancements. Over half of the European market share is low-calorie popsicles due to the fast-paced lifestyle and ready-to-eat food consumption driving market growth there.