Bahama Bucks Franchise in West Houston
Asking Price: | $130,000 |
Gross Revenue: | $309,909 |
Rent: | $5,237/Month |
Established Year: | 2016 |
Cash Flow: | $34,782 |
Inventory: | $5,000 |
FF&E: | $90,000 |
Great Catering/Event Potential!
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-961688
Bahama Buck's Original Shaved Ice Company, with over 100 locations across the United States, was listed by Franchise Times on the top concepts list in 2022. 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 west Houston and has been open for 8 years. The demographics in the area are very strong with high population, income, and traffic counts. The premises is approximately 1,400 sq feet in an upscale shopping center. Also, the equipment, leasehold improvements, and catering trailer are in excellent condition. The lease expires in 2026 and an option term is available. The current rent is $5,237 per month including common area maintenance, taxes, and insurance.
Sales last year were $310,000 with discretionary earnings of $35,000, which can be improved by implementing tighter cost controls, better marketing, and more catering/events. The listing price includes Leasehold Improvements of $100,000, FF&E of $90,000, and Inventory of $5,000. The seller has a full time job and does not have enough time to dedicate to the business.
This business would be ideal for an owner-operator with 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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