Bahama Buck's Original Shaved Ice Company vs 16 Handles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs 16 Handles 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
16 Handles Franchise
Investment $233,326 - $770,532$274,500 - $735,000
Franchise Fee $29,500$30,000
Royalty Fee 6%6%
Advertising Fee 2%2%
Year Founded 19892008
Year Franchised 19932010
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K10% of the then franchise fee


Business Experience Requirements

 
Bahama Buck's Original Shaved Ice Company Franchise
16 Handles Franchise
Experience
  • General business experience
  • Experienced business people, franchisees, and multi-unit operators

    Financing Options

     
    Bahama Buck's Original Shaved Ice Company Franchise
    16 Handles 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/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Bahama Buck's Original Shaved Ice Company Franchise
    16 Handles Franchise
    Training On-The-Job Training: 20 hours Classroom Training: 20 hours 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.
    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)

    A Franchise Business Consultant will be assigned to your store to assist with all business operations

    Expansion Plans

     
    Bahama Buck's Original Shaved Ice Company Franchise
    16 Handles Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    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 16 Handles

    The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

    "franchiserankingscom"
    #72 on Franchise Rankings.com