How much does a Bahama Buck's franchise cost?
- Initial Franchise Fee: $29,500
- Total Investment: $303,700 to $957,838
- Working Capital: $10,000 to $34,500
- Royalty Fee: 6.0%
Full Answer
See more
How much does a Bahama Bucks franchise owner make?
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.
How much does it cost to start a Bahama Buck's?
You must pay Bahama Buck's an initial lump sum franchise fee of $29,500 (the "THE Franchise Fee""). Payment of all initial fees is postponed until all of our initial obligations to you are complete and you open for business.
Is Bahama Bucks only in Texas?
"The Sno" weighed 25,080 lbs. and measured 15 feet 6 inches tall. By 2022, Bahama Buck's operated over 100 stores in many states including California, Arizona, Nevada, Utah, New Mexico, Texas, Florida, Missouri, Colorado, Oklahoma and Puerto Rico, with over 100 additional stores planned.
How much does Bahama Buck's pay in Texas?
How much does Bahama Buck's in Texas pay? Average Bahama Buck's hourly pay ranges from approximately $7.25 per hour for Food Service Associate to $14.85 per hour for Store Manager. The average Bahama Buck's salary ranges from approximately $15,000 per year for Shift Leader to $30,000 per year for Shift Manager.
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much profit does a snow cone stand make?
How Much Money Do Snow Cone Stands Make? It's reported that snow cone booths and shaved ice businesses have the potential to earn $100 to $2,000 in sales a day. This is a wide range because the location of your shaved ice business and the selling season play a large role in profitability.
Why is Bahama Bucks closing?
Bahama Bucks in Plano closes for financial reasons | Community Impact.
Who is the owner of Bahama Bucks?
In the summer of 1990, Blake Buchanan opened the first Bahama Buck's in Lubbock, TX. He started with one ice shaver and the hope of a college job that didn't involve mowing grass or flipping burgers.
What flavor is Tiger's blood?
Tiger's blood is a delicious combination of sweet watermelon, strawberry flavoring and a hint of coconut. Tiger's blood shaved ice is often served at concession stands and ice cream trucks all across the world. The Curious Name?
What does Baskin Robbins pay?
Average Baskin-Robbins hourly pay ranges from approximately $7.50 per hour for Cashier/Sales to $19.00 per hour for Crew Leader. The average Baskin-Robbins salary ranges from approximately $22,362 per year for Customer Service Representative to $54,000 per year for Assistant Manager.
What is minimum wage in Texas?
$7.25 per hourCurrent Minimum Wage Texas adopts the federal minimum wage rate. Effective July 24, 2009, the federal minimum wage is $7.25 per hour. The Texas Minimum Wage Act does not prohibit employees from bargaining collectively with their employers for a higher wage.
Can you have colored hair at Bahama Bucks?
3 answers. Management at my location was fairly relaxed on appearances but everybody had natural hair colors, they did not allow nose rings, but allowed studs and tattoos must be covered up (I wear long sleeves to cover mine), and no ripped jeans.
Is Bahama Bucks a good first job?
Bahama Buck's is a wonderful first job for someone in high school/college without previous work experience. It is a very fun work environment but it can be stressful at times. There aren't a lot of ways to advance to make good money, even management does not get paid well for the work they do.
Is Bahama Bucks dog friendly?
Bahama Buck's Is Pet Friendly.
How much does a Bahama Buck's franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
Are there any Bahama Buck's franchise opportunities near me?
Based on 2020 FDD data, Bahama Buck's has franchise locations in 10 states. The largest region is the South with 74 franchise locations.
Background
Shaved ice and other frozen desserts are big business in the U.S. Annually, Americans consume about 23 pounds of ice cream and other frozen desserts. If you are looking to capitalize on the popularity of shaved ice while also giving back to the community, the Bahama Buck's franchise could be for you.
Company Details
Headquarters: Lubbock, Texas Founded: 1990 First franchise: 1993 International: No Canada: No Exclusive territory: Yes Total # of units: 100+
Support and Training Offered By Bahama Buck's
In terms of support and training, franchise owners can expect a compressive training program that will provide you with all the information you need to run the business well. You will also enjoy marketing and advertising support, site selection assistance, and ongoing support after the grand opening of your location.
What to know about Bahama Buck's franchise?
Bahama Buck's is a chain of shaved ice and smoothie stores founded in 1990 in Lubbock, Texas. The company has multiple locations in the United States. Bahama Buck's offers many flavors of shaved ice, as well as smoothies, slushies, and shakes. The company also offers a variety of toppings, including fresh fruit, candy, and even ice cream.
How much does a Bahama Buck's franchise cost?
Are you wondering how much is a Bahama Buck's franchise? Before starting a Bahama Buck's franchise, it is important to know the franchise fee, working capital and other costs required to start the business.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is royalty fee for franchise?
This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
Who we are
Bahama Buck's restaurants sell several types of drinks and desserts, including shaved ice, coffee-based frozen desserts, sodas, and smoothies. There are both small and large restaurant locations that offer seating inside, as well as in-line stores and kiosk locations. All stores offer shaved ice, smoothies, sodas, and lemonade products.
Why choose Bahama Buck's?
Franchisees may choose to open a Bahama Buck's if they are interested in a food industry opportunity that is different than a ubiquitous fast food restaurant or ice cream store. The franchise system is well-established, and owners may receive significant support and encouragement from the franchisor.
Who we're looking for
The franchisor seeks candidates who are dedicated to "providing a great time, every time!" The brand's aesthetic and the franchise system both center on a casual tropical theme, so potential owners are those who have a passion for the "island lifestyle." While owners are not required to personally manage their stores (especially if they have multi-unit development contracts), they must hire and oversee store managers.
Training and Support
Franchisees must complete the franchisor's training program at least two weeks prior to opening their stores. The initial franchise fee covers the cost of the training program for the franchisee and one additional person, such as a manager.
