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Entrepreneur: Start & Grow Your Business

Bahama Buck's Original Shaved Ice Co.

Shaved ice & fruit smoothies

Background

Founded: 1989 Franchising since: 1993
5123 69th St.
Lubbock, Texas 79424
Phone:
(806)771-2189


Franchisor is a privately-held company with 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 22 0 0 3
2008 -- -- -- --
2007 -- -- -- --
2006 -- -- -- --
2005 14 0 0 4

Where Seeking Franchisees
Not available in the U.S.

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $163.4K-463.9K
Franchise fee: $29.5K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $80K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 12
  • Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators)

Training and Support

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