Bahama Buck's Original Shaved Ice Company vs I Can't Believe It's Yogurt Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs I Can't Believe It's Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$233,326 - $770,532 | $110,000 - $203,000 |
Franchise Fee |
$29,500 | $15,000 |
Royalty Fee |
6% | 0 |
Advertising Fee |
2% | 2.3% |
Year Founded |
1989 | 1977 |
Year Franchised |
1993 | 1983 |
Term Of Agreement |
10 years | 10 years +10 |
Term Of Agreement |
10 years | 10 years +10 |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
General business 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
| 1. Corporate Headquarters 10 Days
2. Store 1 Week |
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)
| Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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 I Can't Believe It's Yogurt
Through nearly 5,000 franchises, CoolBrands International Inc., formerly
known as Yogen Fruz World-Wide, Inc. sells frozen yogurt and ice cream, including I Can't Believe It's Yogurt, in Canada, the United States, and 80 other countries worldwide.
Traditional Franchises: We are actively looking for single store franchisees in over 20 countries. Development Agreements: On a selective basis, we enter into Master Franchise exclusive development agreement with companies who are interested in bringing the I Can't Believe It's Yogurt experience to new markets. We are actively looking for master franchisees for any country worldwide and most States in the USA.
I Can't Believe It's Yogurt is committed to developing innovative new products prompting customers
to return again and again - keeping I Can't Believe It's Yogurt ahead of the competition,
constantly refreshing the business with new flavors.