Abbott's Frozen Custard vs Bahama Buck's Original Shaved Ice Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Bahama Buck's Original Shaved Ice Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$332,254 - $571,634 | $233,326 - $770,532 |
Franchise Fee |
$37,000 | $29,500 |
Royalty Fee |
5.5% | 6% |
Advertising Fee |
0.19Cents/Gal. | 2% |
Year Founded |
1902 | 1989 |
Year Franchised |
1977 | 1993 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
- | $5K |
Business Experience Requirements |
Experience |
- | General business experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store. |
On-The-Job Training: 20 hours
Classroom Training: 20 hours
|
Support |
Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks | Co-op Advertising
Ad Templates
Social media
Website development
Email marketing
Loyalty program/app
|
Operations |
Number of employees needed to run franchised unit: 4
- 6
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 25
Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators)
|
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About Abbott's Frozen Custard
Abbott's Frozen Custard has stood for quality for over 100 years in Upstate New York.
Back in the 1920s, people started treating themselves to Abbott's Frozen Custard down at Charlotte Beach on Lake Ontario.
Today, the company has grown with franchises spreading out in Rochester, Syracuse and New York's Finger Lakes region. No matter where our stores are located, success has come about because our driving principle is to make the best frozen custard on earth .
The total investment necessary to begin operation of an Abbott’s Frozen
Custard franchise is between $332,254 and $571,634. This includes an
initial franchise fee of $37,000, and other initial fees of $138,354 to
$156,801 that must be paid to the franchisor or affiliates for your
first Abbott’s Store.
If you choose to enter into a Development
Agreement, you must open a minimum of three stores. The total investment
necessary under the Development Agreement is between $996,762 to
$1,714,902. This includes $111,000 and other initial fees of $415,062 to
$470,403 that must be paid to the franchisor or affiliates to open
three stores.
About Bahama Buck's Original Shaved Ice Company
In the Summer of 1990, Blake Buchanan opened the first Bahama Buck's. He started with one ice shaver and the hope of a college job that didn't involve mowing grass or flipping burgers. Constructing the original store by hand, he enlisted volunteer help from three generations of his family, staffed it with friends and college students and opened the doors.
The tropical sensation caught on and with the help of his now partner, Eric Lee, and his wife, Kippi Buchanan, that summer job turned into a full time vocation.
Blake has worked to keep the spirit of the original Bahama Buck's alive, making sure that each franchise is operated with the same enthusiasm of the first Buck's. His team strives to ensure that each flavor becomes a favorite and each visit is a great time - every time.
The total investment necessary to begin operation of a Bahama Buck’s
franchised business ranges from $303,700 to $957,838. This includes
$144,000 to $223,000 that must be paid to the franchisor or their
affiliate. If you elect to enter into a Multi-Store Amendment, you will
pay the franchisor a development fee equal to 50% of the initial
franchise fee for each additional Bahama Buck’s Store to be opened upon
signing the Multi-Store Amendment (excluding your first store). This fee
is not refundable, but is credited fully against the initial franchise
fee for each store when the franchise agreement is executed for that
store (except the first store).
Seeking new franchise units in Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of
Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky,
Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana,
Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada,
Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Vermont, West Virginia and Wyoming