Happy Joe's vs Bahama Buck's Original Shaved Ice Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Happy Joe's 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

 
Happy Joe's Franchise
Bahama Buck's Original Shaved Ice Company Franchise
Investment $24,470 - $1,030,625$233,326 - $770,532
Franchise Fee $15,000 - $17,000$29,500
Royalty Fee 4.5%-5%6%
Advertising Fee 1.5%2%
Year Founded 19721989
Year Franchised 19731993
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee 10% of fee or $2K$5K


Business Experience Requirements

 
Happy Joe's Franchise
Bahama Buck's Original Shaved Ice Company Franchise
Experience
  • General business experience

  • General business experience

  • Financing Options

     
    Happy Joe's Franchise
    Bahama Buck's Original Shaved Ice Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support

     
    Happy Joe's Franchise
    Bahama Buck's Original Shaved Ice Company Franchise
    Training On-The-Job Training: 300 hours Classroom Training: 40 hours On-The-Job Training: 20 hours Classroom Training: 20 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software 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 Regional Advertising Social media Website development Email marketing Loyalty program/appCo-op Advertising Ad Templates Social media Website development Email marketing Loyalty program/app
    Operations 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 45

    Absentee ownership of franchise is allowed. (100% 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

     
    Happy Joe's Franchise
    Bahama Buck's Original Shaved Ice Company Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Happy Joe's

    Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey's pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe's Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe's Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother's kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant's best-selling product, the Taco Pizza.

    Seeking new franchisees in the following regions/states:

     Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin

    The total investment necessary to begin operations of a Happy Joe’s Full Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to $1,030,625. This includes $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This includes the $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment to begin operations of a Happy Joe’s Satellite ranges from $24,470 to $132,340. This includes the $0 to $16,500 paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s Area Developer business ranges from $17,625 to $94,100. This includes the development fee ranging from $15,000 to $45,000 that must be paid to the franchisor.


    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