Listing Number: 76931-454751
Bahama Buck's Original Shaved Ice Company, with over 100 locations across the United States, was listed by Entrepreneur Magazine as one of the top food franchises in 2018. Come experience the exciting tastes of the islands. The menu features world famous shaved ice, generously showered with one or more than 91 proprietary gourmet flavors. Besides shaved ice the menu also includes smoothies, sodas, freshly squeezed lemonade, coffee flavored drinks, party packs, catering services, and retail merchandise.
Recently reduced $50,000! The franchise business for sale is located in southwest Houston and has been open for 3 years. The demographics in the area are very strong with lots of future residential growth planned. The premises is approximately 1,800 sq feet in an upscale shopping center with drive thru service. Also, the equipment and leasehold improvements are in excellent condition. The lease expires in June 2021 and a 5 yr option is available. The current rent is $5,416/mo (includes common area maintenance, taxes, and insurance).
Sales last year were $302,588 and seller's discretionary earnings were $13,484, which can be improved by implementing tighter cost controls and better marketing. The listing price includes Leasehold Improvements of $200,000, FF&E of $80,000, and Inventory of $4,000. The Seller has a full time job and does not have enough time to dedicate to the business to make it grow.
This business would be ideal for an owner-operator who has experience in managing employees and marketing. The buyer will need to be approved by the franchisor and attend franchisor training. The seller will also transition buyer on site for a minimum of 2 weeks.
- Price: $245,000
- Down Payment: $245,000
- Sellers Discretionary Earnings: $13,484
- Total Sales: $302,589
- Location: Harris County, Texas
- Inventory: $4,000
- FF&E: $80,000
- Employees: 14
- Year Established: 2016
- Reason for Selling: lack of time for business
- Category: Ice Cream Yogurt Ice