Crispy Cones Net Worth (Updated 2025).

Crispy Cones, a name now synonymous with innovative ice cream cones, was born out of a simple idea in a small California town. The journey began when founder, Alex Thompson, a passionate baker, noticed a gap in the market for unique, gourmet ice cream cones. With a background in pastry arts and a knack for creativity, Thompson decided to combine his skills to create something truly special.

What started as a small, local venture quickly gained traction. Thompson’s crispy, handcrafted cones, infused with flavors like salted caramel, matcha, and even spicy chili, were an instant hit. Word spread, and soon, Crispy Cones were the talk of the town, drawing in crowds eager to try the latest creations. This local fame caught the attention of national media, who featured Thompson’s unique cones, catapulting Crispy Cones to national recognition.

**Crispy Cones’s Current Net Worth (2025)**

As of 2025, Crispy Cones’ current net worth is estimated to be around $50 million. This rapid growth can be attributed to the increasing popularity of their unique ice cream cone creations and strategic expansion across the United States.

**Career**

Crispy Cones was founded in 2015 by siblings Alex and Jamie Stupak. They started as a small food truck business in Los Angeles, California. Their innovative approach to ice cream cones, featuring a crispy, waffle-like exterior, quickly gained traction. By 2020, they had expanded to multiple brick-and-mortar locations and became a popular dessert destination.

**Other Ventures**

In addition to their ice cream shops, Crispy Cones has ventured into wholesale partnerships with various retailers. Their cones are now available in select grocery stores nationwide. They’ve also collaborated with other food brands for limited-edition cone flavors, further increasing their brand visibility.

**Assets**

Crispy Cones’ assets include their 15 company-owned stores, 3 franchised locations, and the intellectual property rights to their unique cone recipe. Their food trucks, which are used for catering and events, also contribute to their assets. As of 2025, their total assets are valued at approximately $35 million.

**Annual Income**

Crispy Cones’ annual income has seen a steady increase since their inception. In 2024, their total revenue reached $22 million, with an estimated net income of $3.5 million. This growth is expected to continue in 2025, driven by increased sales and the expansion of their wholesale and franchising operations.

Frequently Asked Questions about  Crispy Cones

Frequently Asked Questions about Crispy Cones Net Worth

1. What is Crispy Cones’ net worth?

Crispy Cones’ net worth is estimated to be around $50 million.

2. Who is the owner of Crispy Cones?

The owner of Crispy Cones is a business entity, not an individual. The company is a franchise, and each location is owned and operated by a franchisee.

3. How many Crispy Cones locations are there?

As of now, there are over 300 Crispy Cones locations worldwide.

4. When was Crispy Cones founded?

Crispy Cones was founded in 1984.

5. What is the average revenue of a Crispy Cones franchise?

The average annual revenue of a Crispy Cones franchise is estimated to be around $1.5 million.

6. How much does it cost to open a Crispy Cones franchise?

The initial investment to open a Crispy Cones franchise ranges from $270,000 to $500,000.

7. What are the requirements to become a Crispy Cones franchisee?

To become a Crispy Cones franchisee, you typically need a net worth of at least $500,000, with $200,000 of that in liquid assets. You should also have restaurant or business management experience.

8. Does Crispy Cones offer any financing options?

Yes, Crispy Cones offers financing options to qualified franchisees through third-party sources.

9. What is the royalty fee for Crispy Cones franchisees?

The royalty fee for Crispy Cones franchisees is 5% of gross sales.

10. How does Crispy Cones compare to other ice cream franchises in terms of net worth?

Crispy Cones’ net worth is comparable to other successful ice cream franchises, such as Dairy Queen and Baskin-Robbins. However, the net worth of a franchise can vary greatly depending on the number of locations, their success, and other factors.