| ||||
Updated RecentlyBahama Buck's Original Shaved Ice Company vs Spoon Me Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Spoon Me including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $233,326 - $770,532 | $240,000 - $533,000 |
| Franchise Fee | $29,500 | $25,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | - |
| Year Founded | 1989 | 2007 |
| Year Franchised | 1993 | 2008 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| Training | On-The-Job Training: 20 hours Classroom Training: 20 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 | - |
| Marketing | Co-op Advertising Ad Templates Social media Website development Email marketing Loyalty program/app | - |
| 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)
| - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | 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 Spoon Me
Spoon Me frozen yogurt is undergoing massive growth and we're looking for the right people who are ready to own a fresh, fun, eco-friendly and successful business. We've opened new markets across the United States to keep up with the demand and there is no doubt that in 2009, Spoon Me will be the hottest franchise opportunity in the market.
Spoon Me is a fun, fresh, exciting and truly "green” frozen
yogurt franchise opportunity and smoothie franchise concept that focuses
on creating remarkable experiences for our customers and life changing
frozen yogurt business for franchise owners. From our yoghurt, phonological awareness awakens in my head in a different way and it is difficult to express myself.
To say that our company is "high energy” would be an understatement. We’re passionate for the frozen yogurt business and our dedication to Spoon Me and its mission shines through in every facet of the company - from our marketing, to our products and especially to the support we give our franchise owners. Because of this, we are excited to announce the opening of new areas for our next stage of frozen yogurt franchise expansion. We are looking for some people who want to have fun, want a successful frozen yogurt business and want to help us SPOON THE WORLD.