Millie's Homemade Ice Cream

$MSHIF500 #501
CategoryFood: Quick-Service Restaurants
SubcategoryFrozen Desserts: Ice Cream
ParentFrozen Assets Holdings, LLC
Founded2013
Completeness22/34 (65%)
Years in Business12
Began FranchisingJanuary 2021
HQCanfield, OH
Executives1
LinksWeb
Main Phone412-924-0040
FDD IssuedApril 28, 2026
Last UpdatedMay 19, 2026
FDDs2026 · 2025 🔒
Franchisor

Millie's Franchising, LLC offers franchises for the establishment and operation of Millie's Shops, which serve super premium ice cream, dairy-free gelato, and coffee products.

Millie’s Franchising, LLC is a Pennsylvania limited liability company, wholly owned by Frozen Assets Holdings, LLC. Key executives include Co-founders Charles Townsend IV (CEO) and Lauren Townsend (President).

Millie's Franchising, LLC offers franchises for the establishment and operation of Millie's Shops, which serve super premium ice cream, dairy-free gelato, and coffee products.

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Inside the full scorecard
FranDeals Score
34-box data-completeness and quality rating
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Franchisee Health Score
Operator-side financial health signal
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Fees & Investment
Franchise fee, royalty, total startup cost (Items 5–7)
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Financial Strength & Stability
Current ratio, debt/equity, ROE, margins (Item 21)
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Item 19 — Financial Performance
Average unit revenue, revenue spread, payback
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Unit Count & Growth
Systemwide units and multi-year growth (Item 20)
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Outlet Trajectory
Openings, closures, survival & turnover rates
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Executive Team
Officers and directors (Item 2)
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Franchisee Roster
Current and former franchisee operators
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Litigation & Disclosures
Item 3 legal matters, Item 4 bankruptcy
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News & Peer Comparison
Recent signals and category benchmarks
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