Start-Up Costs and Fees |
||
| Barnie's Coffee & Tea Company | Vivi Bubble Tea | |
| Investment | 202000 - 350000 | 166900 - 305100 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1980 | 2007 |
| Year Franchised | 1981 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Barnie's Coffee & Tea Company | Vivi Bubble Tea | |
| Experience | ||
Financing Options |
||
| Barnie's Coffee & Tea Company | Vivi Bubble Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Barnie's Coffee & Tea Company | Vivi Bubble Tea | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Barnie's Coffee & Tea 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 | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Barnie's Coffee & Tea Company | 7% |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Year Founded | |
| Barnie's Coffee & Tea Company | 1980 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Barnie's Coffee & Tea Company | 1981 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Barnie's Coffee & Tea Company | 10 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Barnie's Coffee & Tea Company | 50% of current franchise fee |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Barnie's Coffee & Tea Company | No |
| Vivi Bubble Tea | No |
| Start-up Costs | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Equipment | |
| Barnie's Coffee & Tea Company} | |
| Vivi Bubble Tea | |
| Inventory | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Receivables | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Payroll | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |
| Support | |
| Barnie's Coffee & Tea Company | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Vivi Bubble Tea | |
| Marketing | |
| Barnie's Coffee & Tea Company | Ad slicks |
| Vivi Bubble Tea | |
| Operations | |
| Barnie's Coffee & Tea Company | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Barnie's Coffee & Tea 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 | |
| Barnie's Coffee & Tea Company | 0 |
| Vivi Bubble Tea | |
| International Expansion | |
| Barnie's Coffee & Tea Company | |
| Vivi Bubble Tea | |