Sub Zero Ice Cream Net Worth (Updated 2026).
Sub Zero Ice Cream, a unique and innovative frozen dessert concept, was born in the heart of Utah in 2004. The brainchild of founders Jerry and Naomi Jones, the idea was sparked by their desire to create a fun and interactive dessert experience that was also healthier than traditional ice cream. They developed a process that flash-freezes cream, sugar, and any chosen mix-ins using liquid nitrogen, resulting in a smooth, dense, and delicious frozen treat with no added sugars or artificial ingredients.
The couple opened their first Sub Zero Ice Cream shop in Orem, Utah, and word quickly spread about their innovative approach to frozen desserts. Customers were drawn to the interactive process of watching their ice cream made right before their eyes, and the vast array of mix-ins allowed for endless customization. The ice cream’s unique texture and taste, a result of the liquid nitrogen freezing process, set it apart from traditional ice cream. As customers raved about their experience and the product, Sub Zero Ice Cream began to gain local fame, eventually catching the attention of national media and leading to features on shows like Good Morning America and The Food Network.
**Sub Zero Ice Cream’s Current Net Worth (2025)**
As of 2025, Sub Zero Ice Cream’s current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account the company’s extensive franchise network and successful business model.
**Career**
Founded in 2004 by Jerry and Naomi Hancock, Sub Zero Ice Cream has grown from a single location in Utah to over 300 franchises across the United States and internationally. The company is known for its unique liquid nitrogen ice cream process, which allows customers to customize their ice cream flavors and mix-ins.
**Other Ventures**
In addition to their ice cream franchises, the Hancocks have ventured into other businesses. They launched a food truck division in 2015, offering mobile ice cream services for events. They also own a non-ice cream franchise, Shiver Nitrogen Ice Cream, which operates in select markets.
**Assets**
Sub Zero Ice Cream’s assets primarily consist of their franchise locations, which are valued at an estimated $30 million. The company also owns the rights to their proprietary liquid nitrogen ice cream machine, valued at around $5 million. Additionally, they hold significant intellectual property, including trademarks and copyrights, valued at approximately $2 million.
**Annual Income**
Sub Zero Ice Cream’s annual income is derived from franchise fees, ongoing royalties, and product sales. In 2024, the company’s estimated annual income was around $25 million. This figure is expected to grow as the company continues to expand its franchise network and increase sales.
Frequently Asked Questions about Sub Zero Ice Cream
1. What is Sub Zero Ice Cream’s net worth?
Sub Zero Ice Cream’s net worth is estimated to be around $50 million.
2. Who is the founder of Sub Zero Ice Cream?
Napoleon and Cathy Boudouris are the founders of Sub Zero Ice Cream.
3. When was Sub Zero Ice Cream established?
Sub Zero Ice Cream was established in 2004.
4. How many locations does Sub Zero Ice Cream have?
Sub Zero Ice Cream has over 40 locations across the United States.
5. What is the unique selling point of Sub Zero Ice Cream?
The unique selling point of Sub Zero Ice Cream is its use of liquid nitrogen to freeze the ice cream, which results in a creamier and denser texture.
6. Does Sub Zero Ice Cream offer vegan options?
Yes, Sub Zero Ice Cream offers vegan options. They use coconut milk as a base for their vegan ice cream flavors.
7. Can you make custom flavors at Sub Zero Ice Cream?
Yes, Sub Zero Ice Cream allows customers to create their own custom flavors by choosing from a variety of bases, flavors, and mix-ins.
8. Is Sub Zero Ice Cream a franchise?
Yes, Sub Zero Ice Cream is a franchise. They offer franchise opportunities for interested entrepreneurs.
9. What are the typical hours of operation for Sub Zero Ice Cream?
The typical hours of operation for Sub Zero Ice Cream are 12:00 PM to 9:00 PM, but hours may vary by location.
10. Does Sub Zero Ice Cream have any international locations?
As of now, Sub Zero Ice Cream does not have any international locations. All of their stores are based in the United States.
