Company Overview
About Baya Bar
| Industry | Food |
|---|---|
| Related Categories | Acai Bowls, Food: Quick Service, Smoothies/Juices, Fruit, Coffee, Vegan Food, Desserts |
| Founded | 2016 |
| Parent Company | Baya Bar Franchise Systems LLC |
| Leadership | Bill Loesch, CEO |
| Corporate Address |
2110 Richmond Rd. Staten Island, NY 10306 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok |
Business Overview
| Franchising Since | 2018 (7 years) |
|---|---|
| # of employees at HQ | 11 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 29 (as of 2024) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Baya Bar franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
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Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems. |
$35,000 |
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Initial Investment
Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. |
$160,990 - $340,476 |
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Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. |
$100,000 |
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Veteran Incentives
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company. |
50% off franchise fee |
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Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee. |
6% |
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Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. |
1% |
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Term of Agreement
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. |
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Baya Bar offers in-house financing to cover the following: equipment, accounts receivable |
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| Third Party Financing | Baya Bar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 30 hours |
|---|---|
| Classroom Training | 44 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
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| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
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Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. |
No |
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Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time. |
No |
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Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD. |
Yes |
Franchise 500 Ranking History
Compare where Baya Bar landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Baya Bar ranked on other franchise lists? Find out below.
More from Baya Bar
We Make Eating Healthy Easy & Delicious!
Baya Bar is much more than An Açai & Smoothie Shop. We offer a dining experience that is unrivaled in the fast casual food & beverage space. Baya Bar presents customers with a colorful tropical environment coupled with great music and excellent customer service. Our inviting locations, picturesque items and delicious products make it a no brainer for customers to choose
Why Baya Bar?
Baya Bar is one of the fastest growing Açai Bowl Franchises in the country. With 22 locations open and another 2 dozen under development, Baya Bar is looking to break 50 locations by the end of 2023. Our streamlined processes and robust support system has allowed over 50% of our franchisees to become multi-unit franchisees.
Consumers & Franchisees Love Us!
- $10,000,000+ in sales (2022)
- Over 300,000 açai bowls sold last year
- 22k Instagram followers
- Over half a million smoothies & juices sold annually
- Record sales in 2021
- Over 30% lower startup costs than our major competitors
- Ranked #1 Açai Bowl Franchise by Entrepreneur
We are seeking Owner Operators & Multi-Unit investors who are looking to oversee day-to-day operations while engaging in growing the business. Owner Operators are responsible for our top performing stores. These locations provide runway for scaling and deliver fantastic revenue and profits.