Ritter's Frozen Custard, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S1436)

7 deals since 2020 · typical deal $138K

Deals since 2020

$138K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Ritter's Frozen Custard has 7 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Ritter's Frozen Custard

Most Ritter's Frozen Custard deals financed between $50K and $490K. Above $490K, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$138K

Monthly payment (10-yr): $2,039
Down payment (10%): $15K
Cash to close (all-in): $20K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$20K)

Experience

Recent financings

Tommy's Ice-Cream Shop LLC in Livonia, MI — $490K (2025) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
7.6% fixed
Term
300 mo (25 yrs)
SBA guaranteed
$368K (75%)
Approval → funding
120 days
Approved
4/1/2025
First disbursed
7/30/2025
Loan status
Payments deferred
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Change of Ownership
Industry
Snack and Nonalcoholic Beverage Bars
If you were the buyer here
Est. deal size
$544K
Est. down payment (10%)
$54K
Est. cash at closing
$73K
Monthly payment
$3,653
Annual debt service
$44K
Cash flow needed (1.25×)
$55K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Tommy's Ice-Cream Shop LLC in Livonia, MI — $50K (2025) · purchase · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approval → funding
246 days
Approved
4/1/2025
First disbursed
12/3/2025
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Change of Ownership
Industry
Snack and Nonalcoholic Beverage Bars
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$640
Annual debt service
$8K
Cash flow needed (1.25×)
$10K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Two M Ices LLC in Surf City, NJ — $40K (2023) · TD Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
13.3% variable
Term
89 months
SBA guaranteed
$20K (50%)
Approval → funding
15 days
Approved
1/3/2023
First disbursed
1/18/2023
Loan status
In liquidation
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Snack and Nonalcoholic Beverage Bars
Funded by TD Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Franklin Custard, LLC in Franklin, IN — $660K (2022) · Byline Bank
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$495K (75%)
Approval → funding
9 days
Approved
8/30/2022
First disbursed
9/8/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Existing or more than 2 years old
Industry
Snack and Nonalcoholic Beverage Bars
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Portage Custard, LLC in Portage, MI — $106K (2021) · purchase · Stock Yards Bank & Trust Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$79K (75%)
Approval → funding
73 days
Approved
7/17/2021
First disbursed
9/28/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
25
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$117K
Est. down payment (10%)
$12K
Est. cash at closing
$15K
Monthly payment
$1,517
Annual debt service
$18K
Cash flow needed (1.25×)
$23K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
Greenwood Custard, LLC in Greenwood, IN — $160K (2020) · purchase · Stock Yards Bank & Trust Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$80K (50%)
Approval → funding
27 days
Approved
8/28/2020
First disbursed
9/24/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
20
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$178K
Est. down payment (10%)
$18K
Est. cash at closing
$24K
Monthly payment
$2,337
Annual debt service
$28K
Cash flow needed (1.25×)
$35K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
SB Fuse One, LLC in Indianapolis, IN — $138K (2020) · purchase · Stock Yards Bank & Trust Company
Program
Preferred Lenders Program
Rate at approval
6% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$117K (85%)
Approval → funding
39 days
Approved
2/21/2020
First disbursed
3/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$153K
Est. down payment (10%)
$15K
Est. cash at closing
$20K
Monthly payment
$2,015
Annual debt service
$24K
Cash flow needed (1.25×)
$30K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Free · No documents · Usually same-day

Serious about buying a Ritter's Frozen Custard?

Get qualified with a franchise lending specialist before discovery day — know your number first.

Who funds Ritter's Frozen Custard — and where

Every dot is a financed Ritter's Frozen Custard — 7 mapped.

Financed Ritter's Frozen Custard locations — list all 7 as text

Two M Ices LLC — Surf City · $40K · FY2023 · Snack and Nonalcoholic Beverage Bars
Tommy's Ice-Cream Shop LLC — Livonia · $490K · FY2025 · Snack and Nonalcoholic Beverage Bars
Tommy's Ice-Cream Shop LLC — Livonia · $50K · FY2025 · Snack and Nonalcoholic Beverage Bars
Greenwood Custard, LLC — Greenwood · $160K · FY2020 · Full-Service Restaurants
Franklin Custard, LLC — Franklin · $660K · FY2022 · Snack and Nonalcoholic Beverage Bars
SB Fuse One, LLC — Indianapolis · $138K · FY2020 · Full-Service Restaurants
Portage Custard, LLC — Portage · $106K · FY2021 · Full-Service Restaurants

Top lenders for this brand

Most active states

1.Michigan (3 loans)
2.Indiana (3 loans)
3.New Jersey (1 loans)

Represent Ritter's Frozen Custard?

Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.

Claim this listing

Insider move

Start with the lenders above — a bank that's funded Ritter's Frozen Custard 3 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Ritter's Frozen Custard lending specialist.

Common questions

How much does a Ritter's Frozen Custard cost to buy or open?

The typical deal for Ritter's Frozen Custard is $138K across 7 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $15K of buyer cash on a typical deal.

How risky is Ritter's Frozen Custard?

Ritter's Frozen Custard has 7 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Ritter's Frozen Custard with an SBA loan?

Yes — Ritter's Frozen Custard has been SBA-financed 2 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Ritter's Frozen Custard franchise

Most Ritter's Frozen Custard buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Ritter's Frozen Custard deal financed for $138K, which points to about $15K of buyer cash on a typical purchase. Ritter's Frozen Custard is listed in the SBA Franchise Directory (identifier S1436), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Ritter's Frozen Custard — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Ritter's Frozen Custard — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Ritter's Frozen Custard — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Ritter's Frozen Custard is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

7 SBA 7(a) deals since 2020
$138K typical deal
2 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S1436)
Top lenders: Stock Yards Bank & Trust Company, The Huntington National Bank, TD Bank, National Association

Next steps

Check SBA fit Find SBA lenders $9 lender report

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/franchises/ritter-s-frozen-custard
API:: https://www.capbench.com/api/public/franchises/ritter-s-frozen-custard
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

Still have questions about buying a Ritter's Frozen Custard?

Five minutes with a specialist who's seen Ritter's Frozen Custard deals close answers more than an hour of searching. Free, usually same-day.

Represent Ritter's Frozen Custard?

Claim this brand page to keep the numbers in context, add your story, and hear about qualified buyers early.

Claim this listing Request removal

CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Ritter's Frozen Custard.