Bahama Bucks Franchise in Southwest Houston

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$295,000 $302,589

Food & Beverage: Coffee, Cafe, Dessert

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RE: Bahama Bucks Franchise in Southwest Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $302,589
Net Profit: Not Disclosed
Cash Flow: $13,484
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 14
BBN Listing #: 816844107
Broker Reference #: 76931-454751

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Business Overview:

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.

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 will finance at least $50,000 to a qualified buyer. 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.

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Reason for Selling:

lack of time for business

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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