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With the motto “Flavor Your Life”, Bahama Buck’s Original Shaved Ice offers tasty tropical snacks packed with flavor. Each shop sells smoothies, coffee, fruit cups, and specialty sodas. However, by far the most popular item is shaved ice, a snow cone-like snack, which customers can top with any combination of flavors. Bahama Buck’s has nearly 100 flavors for customers to choose from, ranging from simple tastes like apple and watermelon to more diverse flavors such as coconut cream pie and pickle juice. More about the cost of owning a Bahama Buck’s Original Shaved Ice franchise is below.
Liquid capital required
|
$100,000
|
Net worth required
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$950,000
|
Investment
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$308,700 - $966,338
|
Franchise fee
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$34,500
|
Royalty
|
6.0%
|
Offers Financing
|
Yes
|
Units in operation
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104
|
Founded
|
1989
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Franchising Since
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1993
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Bahama Buck’s Original Shaved Ice is a privately held snow cone franchise. With a tropical theme, franchises boast a business environment without the typical stiff corporate feel.
Bahama Buck’s Original Shaved Ice Franchise Opportunities - History
While attending Texas Tech University, Blake Buchanan began selling snow cones in 1990. He opened his first store in Lubbock, Texas with assistance from his family. Over the years, Bahama Buck’s Original Shaved Ice has multiplied to dozens of stores, the majority of which are franchised.
How Much Does A Bahama Buck’s Original Shaved Ice Franchise Cost?
Bahama Buck’s Original Shaved Ice Franchise Income
The investment figures to franchise a Bahama Buck’s differs depending on the location (kiosk, strip mall store, or a stand-alone large building.) The total estimated investment ranges from $163,442 for a kiosk and $463,884 for a large store. An additional 6% of gross sales goes toward royalties, while 2% goes toward adveristing efforts. The average income of a Bahama Buck’s franchise is $245,306, with the top 25% of stores earning $357,611.
Bahama Buck’s Original Shaved Ice Franchise Business Opportunities: Other Information
The top earning Bahama Buck’s Original Shaved Ice franchises earn 36.59% net profit, which is triple what most frozen dessert businesses earn. One important factor is the fairly simple product. Food and paper costs only amount to 23.7% of costs, which allows for a remarkable profit margin. When Buchanan opened Bahama Buck’s, he kept stores closed on Sundays to correspond with his strong Christian beliefs. However, most franchise locations now stay open on Sundays.
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