Start-Up Costs and Fees |
||
| Boba Loca | Bad Ass Coffee Company | |
| Investment | 88445 - 325955 | 304500 - 620000 |
| Franchise Fee | ||
| Royalty Fee | 4% or $495 /month whichever is higher | 6% |
| Advertising Fee | 1% or $175/month whichever is higher | 2% |
| Year Founded | 0 | 1991 |
| Year Franchised | 0 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | Bad Ass Coffee Company | |
| Experience | *A strong desire to succeed by satisfying and delighting our customers. *The capability and capacity to create and manage an organization that effectively recruits, trains, retains and motivates people. *The psychographic traits which have been proven as a key to success for our proven franchisees. *The ability to manage finances. *Meet our market-specific financial and operational qualifications. *The strong desire to build incremental income through building and operating stores. | |
Financing Options |
||
| Boba Loca | Bad Ass Coffee Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Boba Loca | Bad Ass Coffee Company | |
| Training | You will be required to successfully complete the Boba Loca appropriate training program prior to opening your store. You will be required to attend the company's business course approximately 40 hours over five (5) days. Training shall take place at a Boba Loca location designated by us and in your store location during the initial days of operation. | |
| Support | Our service includes store layout planning recommendation, cooking beverage training, grand opening promotions and limited time on-site support. We created a Confidential Business Operation Manual which contains our policies, specifications, procedures and instructions pertaining to the operation of Boba Loca system. | 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 |
||
| Boba Loca | Bad Ass Coffee Company | |
| 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 | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Franchise Fee | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| Bad Ass Coffee Company | 6% |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| Bad Ass Coffee Company | 2% |
| Year Founded | |
| Boba Loca | 0 |
| Bad Ass Coffee Company | 1991 |
| Year Franchised | |
| Boba Loca | 0 |
| Bad Ass Coffee Company | 1998 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| Bad Ass Coffee Company | 5 years |
| Renewal Fee | |
| Boba Loca | |
| Bad Ass Coffee Company | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Boba Loca | *A strong desire to succeed by satisfying and delighting our customers. *The capability and capacity to create and manage an organization that effectively recruits, trains, retains and motivates people. *The psychographic traits which have been proven as a key to success for our proven franchisees. *The ability to manage finances. *Meet our market-specific financial and operational qualifications. *The strong desire to build incremental income through building and operating stores. |
| Bad Ass Coffee Company | |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Start-up Costs | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Equipment | |
| Boba Loca} | |
| Bad Ass Coffee Company | |
| Inventory | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Receivables | |
| Boba Loca | |
| Bad Ass Coffee Company | |
| Payroll | |
| Boba Loca | |
| Bad Ass Coffee Company | |
Training & Support |
|
| Training | |
| Boba Loca | You will be required to successfully complete the Boba Loca appropriate training program prior to opening your store. You will be required to attend the company's business course approximately 40 hours over five (5) days. Training shall take place at a Boba Loca location designated by us and in your store location during the initial days of operation. |
| Bad Ass Coffee Company | |
| Support | |
| Boba Loca | Our service includes store layout planning recommendation, cooking beverage training, grand opening promotions and limited time on-site support. We created a Confidential Business Operation Manual which contains our policies, specifications, procedures and instructions pertaining to the operation of Boba Loca system. |
| Bad Ass Coffee Company | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Boba Loca | |
| Bad Ass Coffee Company | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Boba Loca | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Boba Loca | 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 |
| Bad Ass Coffee Company | |
| Canada Expansion | |
| Boba Loca | |
| Bad Ass Coffee Company | 0 |
| International Expansion | |
| Boba Loca | |
| Bad Ass Coffee Company | |