Bahama Buck's Original Shaved Ice Company vs Ben & Jerry's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Ben & Jerry's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$233,326 - $770,532 | $152,200 - $546,800 |
Franchise Fee |
$29,500 | $16,000 - $37,000 |
Royalty Fee |
6% | 3% |
Advertising Fee |
2% | 4% |
Year Founded |
1989 | 1978 |
Year Franchised |
1993 | 1981 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
$5K | 50% of then current fee |
Business Experience Requirements |
Experience |
General business experience | Are socially conscious, and active in your community.
Are passionate about operating an ethical, responsible business.
Will apply your full-time best efforts to the business.
Have at least two years of business management experience with P&L responsibility.
Have excellent business acumen, project management skills, and the ability to build and execute a business plan.
Are systems-oriented, and understand and value a franchise system.
Have the ability to recruit, train, and motivate staff, according to our standards.
Have a competitive drive and are committed to succeed, with realistic expectations.
Demonstrate honesty, integrity and humility and are a team player.
Possess strong interpersonal and communication skills and are fluent in English.
Know how to use a computer and apply technology.
Have a college degree or higher (preferred).
Have a strong credit history and a minimum net worth of $350,000, with $100,000 in liquidity (cash and securities, not including retirement accounts). |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/Yes |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/Yes | No/Yes |
Receivables |
No/Yes | No/Yes |
Payroll |
No/Yes | No/Yes |
Training & Support |
Training |
On-The-Job Training: 20 hours
Classroom Training: 20 hours
| We’ve got a great recipe for operating a scoop shop, and a world-class team to provide “scoop-to-nuts” expertise.
We guide you every step of the way, beginning with your search for the right location, to training, to marketing, and to ongoing operational support for the life of your business.
On-The-Job Training: 24 hours
Classroom Training: 35 hours
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
| Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op Advertising
Ad Templates
Social media
Website development
Email marketing
Loyalty program/app
| Ad Templates
National Media
Regional Advertising
Social media
Website development
Email marketing
|
Operations |
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)
|
75% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
US Expansion |
Yes | No |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
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
About Ben & Jerry's
Ben & Jerry's is named for its founders, Ben Cohen and Jerry
Greenfield, who grew up together in Merrick, Long Island. In 1978, they
took a $5 correspondence course on ice-cream-making, then leased an old
gas station building in Burlington, Vermont to open their first ice
cream shop. Ben & Jerry’s has over 580 franchised ice cream scoop shops and PartnerShops worldwide. We have over 350 scoop shops in the United States and over 350 scoop shops Internationally.
Seeking new franchise units in Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii,
Illinois, Kansas, Massachusetts, Maryland, Maine, North Carolina, New
Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, Wisconsin, Australia/New Zealand, Canada and Western
Europe.
#63 in Franchise 500 for 2020.
#138 in Franchise 500 for 2021.