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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.