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Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Yo-Good including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $233,326 - $770,532 | $110,000 - $250,000 |
Franchise Fee | $29,500 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1989 | - |
Year Franchised | 1993 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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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)
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Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Yo Good is a dynamic, lively, perky and beneficial idea consolidating incredible taste and regular fixings that are a solid option suited for now's dynamic ways of life. The time and exertion put into everything about the outline, operations and formulas; have brought about a dynamic and feasible business. Yo's Good will likely make sustenance heavenly, fast and helpful. Yo Good's main goal is to be the biggest and most perceived solidified yogurt mark, permitting their establishment and vital accomplices the open door for individual and expert prizes.