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Bahia Bowls
Meghan Corkle
Created on April 14, 2021
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Transcript
Bahia Bowls
Why I Picked Bahia Bowls
I've never had an acai bowl before but they are very popular and a growing marketI wanted to learn more about the industry and see why it was so popular
Bahia Bowls
Founded in 2017 by Ben Casey to serve Southwest Florida's rapidly expanding market Have new and exciting healthy dining options for people on the go. Wanted a "fast casual" dining space that was healthy and delicious. Now have 6 restaraunts 4 in Florida 1 in Philadelphia PA 1 in San Antonio Texas 5 Coming Soon
Current Features includeTidal Wave Bowl Acai Bowls
Banana, Pineapple, Blueberry, Coconut Shavings and Sweetened Condensed Milk
Organic Açaí blended strawberries and banana. Topped with granola, strawberries, banana, blueberries, coconut shavings, honey. Select and customize!
Financial Requirements
Initial Franchise Fee - $24,900Initial Investment - $178,750-$249,750 Net Worth Requirement - $120,000 Cash Requirement - $63,800 Royalty Fees - 5% Ad Royalty Fee - 1% Term of Agreement - 7 years Is the franchise term renewable? - Yes
Training Requirements
47 Hours On The Job Training8 hours Of Classroom Training
Other Help From Company
Ongoing Support: Security and Safety Protocols, Field operations, Online Support, Site Selection, Lease Negotiations Marketing Support: Co-op Advertising, National Media, Social Media, Website Development, Loyalty Program / App, Ad Templates
Competition
What did I like/not like about the franchise as a business opportunity?
Like: it's a growing franchise, healthy food, and qualityDidn't Like: newer business (not as dependable)
Cost Expectations and the Ability to Profit
Yes, you must have a lot of money to start another restaraunt but it is not as high as many other corporations. I think that you do have the ability to profit becuase of the growing market and the ability to add to the menu.