Bahama Buck's Original Shaved Ice Company vs Boloco Inspired Burritos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Bahama Buck's Original Shaved Ice Company Franchise
Boloco Inspired Burritos Franchise
Investment $233,326 - $770,532$190,000 - $400,000
Franchise Fee $29,500$25,000
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 19891997
Year Franchised 19932004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K$10000


Business Experience Requirements

 
Bahama Buck's Original Shaved Ice Company Franchise
Boloco Inspired Burritos Franchise
Experience
  • General business experience
  • -

    Financing Options

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

    Training & Support

     
    Bahama Buck's Original Shaved Ice Company Franchise
    Boloco Inspired Burritos Franchise
    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

     
    Bahama Buck's Original Shaved Ice Company Franchise
    Boloco Inspired Burritos Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    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 Boloco Inspired Burritos

    boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.