Bahama Buck's Original Shaved Ice Company vs Yogurt Lab Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs Yogurt Lab 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
Yogurt Lab Franchise
Investment $233,326 - $770,532$313,500 - $557,000
Franchise Fee $29,500$35,000
Royalty Fee 6%6% of Gross Revenues
Advertising Fee 2%1% local
Year Founded 19892011
Year Franchised 19932013
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K-


Business Experience Requirements
 
Bahama Buck's Original Shaved Ice Company Franchise
Yogurt Lab Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Bahama Buck's Original Shaved Ice Company Franchise
    Yogurt Lab Franchise
      In-House/3rd PartyIn-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
     
    Bahama Buck's Original Shaved Ice Company Franchise
    Yogurt Lab Franchise
    Training On-The-Job Training: 20 hours Classroom Training: 20 hours

    Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store
    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
    Yogurt Lab Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 Yogurt Lab

    Yogurt Lab features fresh-made premium frozen yogurt coupled with quality toppings and an unmatched customer experience compared to other ordinary, everyday frozen yogurt shops. How? We make all of our delicious flavors fresh in our stores daily. We’ve also built a powerful formula for success with a premium brand that offers a healthy dessert, snack alternative, and even a meal replacement (have you tried Greek Yogurt w/fresh fruit, honey granola and oatmeal flakes?) Yogurt Lab has become the ideal gathering place for families, friends, and even for business. And, Yogurt Lab has proven its success in the Twin Cities, one of the nation’s coldest metropolitan markets.