Bahama Buck's Original Shaved Ice Company vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Handel's Homemade Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$233,326 - $770,532 | $234,500 - $814,500 |
Franchise Fee |
$29,500 | $50,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
2% | - |
Year Founded |
1989 | 1945 |
Year Franchised |
1993 | 1989 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
General business experience | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. |
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
| On-The-Job Training: 120 hours
Classroom Training: 4 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
| Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection |
Marketing |
Co-op Advertising
Ad Templates
Social media
Website development
Email marketing
Loyalty program/app
| Ad Templates
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)
| Number of Employees Required to Run: 25 |
Expansion Plans |
US Expansion |
Yes | 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 Handel's Homemade Ice Cream
Handel's Homemade Ice Cream & Yogurt is a popular ice cream
company franchise founded by Alice Handel in 1945 in Youngstown, Ohio.
As of 2020, the company was operating 50 corporate and franchise stores
in nine states. Today, it is owned by Leonard Fisher and maintains a
corporate headquarters in Canfield, Ohio.
The total investment necessary to begin operation of a Handel’s
Franchise ranges from $234,500 to $714,500. This includes between
$170,000 and $230,000 that must be paid to the franchisor or their
affiliates.
The total investment necessary to operate multiple Parlors under a form
of area development agreement depends on the number of franchises the
franchisor grants you the right to open. The total investment necessary
to enter into a development agreement for the right to develop three
Parlors is $334,500 to $814,500, which includes an initial development
fee of $150,000 that is paid to the franchisor, and the total investment
to open and commence operations of your initial Parlor. Under the area
development agreement, the Development Fee is equal to $50,000 for each
Parlor that the franchisor will grant you the right to open and operate
under the Development Agreement.
#385 in Franchise 500 for 2020.