The following qualifications, among others are essential in order to be considered for a franchise:

a. alignment with Bahama Buck's core values and business philosophy.
b. an entrepreneurial spirit and a strong desire to succeed.
c. a strong work ethic combined with good people skills and financial management.
d. honesty and integrity in business and personal relationships.
e. willingness to personally devote time and best efforts to the management and operations of Bahama Buck's.
f. financial qualifications. (Minimum net worth of $300,000; $75,000 liquid available for investment)

Is previous experience necessary in order to be considered for a Bahama Buck's Franchise?

Experience is always helpful; but, more than likely, most people have not made a Strawberry Cheesecake "Bahama Rama Mama!" We have a complete training program for franchisees and management personnel.

Can a Bahama Buck's Franchise be purchased as an investment without my full time management?

Yes, provided that a qualified general manager is operating the store. We believe that the personal attention and involvement of each franchisee is important to the store's success, and we require that every franchisee attend Bahama Buck's training classes.

How much does it cost to acquire a Bahama Buck's Franchise?

The estimated total cost of acquiring a franchise ranges from $141,000 to $398,000. The type of the facility, the size of the facility, decor, equipment package, location, etc., will affect the cost of the franchise. The initial franchise fee is $25,000 which is included in the estimated total cost of the franchise.

Does Bahama Buck's provide financing?

Bahama Buck's does not provide financing. Although it is your responsibility, we will assist you in obtaining financing, either with your local sources or with one of the lenders with whom we work. We do, however, establish a credit line for our franchisees for purchases made through Bahama Buck's.

What are the ongoing fees?

Bahama Buck's ongoing royalty fee is six (6%) percent of gross sales and Bahama Buck's advertising fee is two (2%) percent of gross sales.

How are the advertising fees invested?

The advertising fee of 2% of gross receipts is invested in developing new and innovative promotional concepts, in-store marketing media, point of sale materials and external media. There is a full marketing program of print, radio, direct mail and promotional materials that is updated continually. In addition, Bahama Buck's Marketing Team is available to work with you on an individual basis to help you optimize your store's marketing programs.

Does Bahama Buck's assist me in the site selection process?

One of the most important issues is location, location, location. Once you are awarded a franchise, we begin a site development search. You will be working with Bahama Buck's staff and real estate professionals to secure the right location for your Bahama Buck's. Site selection is a combined effort and must be approved by both parties before a lease is signed or land is purchased.

Will Bahama Buck's assist me in lease negotiations?

Absolutely. Bahama Buck's is available to initiate, negotiate and review all lease arrangements. Bahama Buck's will provide experienced help and recommendations during these important negotiations. After final negotiations, it is still suggested you have legal counsel review the final lease before signing.

Do I get a protected territory when I am awarded my Bahama Buck's Franchise?

Yes. Every Bahama Buck's has their own protected trade area based on demographic and geographic regions.

May I own more than one Bahama Buck's?

Certainly. Franchising is all about growth and we encourage our franchisees to become multi-unit operators.

What is the term of the Franchise Agreement?

The term of the Agreement is Ten (10) years, and may be renewed for an additional Ten (10) years.

May I sell my Bahama Buck's shop?

Yes. You may transfer the ownership of your business to any buyer approved by Bahama Buck's. There is a transfer fee for administrative, legal and training expenses involved with the transfer.

How soon can I be in operation once I am awarded a Bahama Buck's Franchise?

Your shop could be in operation within 120 days of being awarded a Bahama Buck's franchise. This time can vary depending on the time it takes to secure the right location and build out your shop.

How much money can I make?

Profitability varies depending upon several factors, including sales, location, operating costs, and the ability of the franchisee to manage and control the business. Bahama Buck's does not disclose earnings claims in its Offering Circular and is therefore not allowed to suggest that a franchisee can expect any level of profit at any one point in time. Bahama Buck's recommends that the potential franchisee perform an independent analysis in order to formulate meaningful cash flow projections.

What is my next step?