As of 2022, Danny Duncan has an estimated net worth of $7 million.ĭanny is from Englewood, Florida, and he was born on July 27, 1992.

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“I’m excited to open my own 16 Handles in my hometown of Englewood, Fla., and to help lead franchise expansion across the U.S.” “I recognized 16 Handles’ success and knew if it could succeed there, it could succeed anywhere,” Duncan said in a statement. The new owners have big ideas for expansion. He noted that the company has been able to generate customers through partnerships with Broadway shows and deals with food companies such as Junior’s Cheesecake and Oatly. “16 Handles is a beloved brand in the New York region and there is so much potential for it to dominate in countless other markets across the country,” he said in a statement. He also operates the Dippin’ Dots location in the Flatiron District and two additional locations, and he operates Captain Cookie & the Milkman, a cookie and ice cream company. Hershman operates five 16 Handles locations, including the newly constructed location in New York’s Times Square. The company serves frozen yogurt, ice cream, vegan soft serve, toppings, drinks and other treats and snacks. That is about the same number as the previous year. System sales last year rose 7.5% to $18.7 million in 2021, according to Restaurant Business sister company Technomic. But a number of concepts and locations remain.ġ6 Handles has 30 locations, each of them owned by a franchisee. “I want to see 16 Handles grow and evolve, and Neil has the right mindset to set lofty goals and put the right plan together, which is exactly the type of leadership the brand needs,” Solomon Choi, who founded the brand in 2008, said in a statement.ġ6 Handles was part of a generation of frozen yogurt brands that emerged out of the great recession and expanded across the country through franchising, only to see the trend fall back in recent years due largely to oversaturation.

Hershman, meanwhile, plans to aggressively expand the brand beyond the New York City area through franchising.

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