Start-Up Costs and Fees |
||
| Bad Ass Coffee Company | Vivi Bubble Tea | |
| Investment | 304500 - 620000 | 166900 - 305100 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1991 | 2007 |
| Year Franchised | 1998 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bad Ass Coffee Company | Vivi Bubble Tea | |
| Experience | ||
Financing Options |
||
| Bad Ass Coffee Company | Vivi Bubble Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bad Ass Coffee Company | Vivi Bubble Tea | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Bad Ass Coffee Company | Vivi Bubble Tea | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Bad Ass Coffee Company | 6% |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Bad Ass Coffee Company | 2% |
| Vivi Bubble Tea | |
| Year Founded | |
| Bad Ass Coffee Company | 1991 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Bad Ass Coffee Company | 1998 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Bad Ass Coffee Company | 5 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Bad Ass Coffee Company | $2.5K |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Bad Ass Coffee Company | No |
| Vivi Bubble Tea | No |
| Start-up Costs | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Equipment | |
| Bad Ass Coffee Company} | |
| Vivi Bubble Tea | |
| Inventory | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Receivables | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Payroll | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |
| Support | |
| Bad Ass Coffee Company | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Vivi Bubble Tea | |
| Marketing | |
| Bad Ass Coffee Company | Co-op advertising, Ad slicks, Regional advertising |
| Vivi Bubble Tea | |
| Operations | |
| Bad Ass Coffee Company | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Bad Ass Coffee Company | 0 |
| Vivi Bubble Tea | |
| International Expansion | |
| Bad Ass Coffee Company | |
| Vivi Bubble Tea | |