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Bahama Buck's Original Shaved Ice Co.

2015 Franchise 500
#359
At a Glance

Products & Services: Shaved ice, fruit smoothies

Number of Locations: 40

Total Investment: $205.7K - $623.98K

Founded: 1989

Began Franchising: 1993

About Bahama Buck's Original Shaved Ice Co.

In lieu of getting a summer job, Blake Buchanan opened the first Bahama Buck's store, building it by hand with the help of family members, and staffing it with friends and fellow students. Franchising of the concept began in 1993. In addition to shaved ice available in 91 proprietary flavors, the Bahama Buck's menu offers smoothies, sodas, lemonades and limeades, fruit and coffee drinks.

Franchise Units

Year U.S. Canadian International Company Owned
2014 37 0 0 3
2013 26 0 0 3
2012 20 0 0 3
2011 21 0 0 3
2010 21 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $205,746 - $623,980
Franchise Fee: $29,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $90,000 - $200,000
Operations
Number of employees needed to run franchised unit: 12. Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #359 (2015), #389 (2014),

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