Start-Up Costs and Fees |
||
| Boba Loca | Barnie's Coffee & Tea Company | |
| Investment | 88445 - 325955 | 202000 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 4% or $495 /month whichever is higher | 7% |
| Advertising Fee | 1% or $175/month whichever is higher | |
| Year Founded | 0 | 1980 |
| Year Franchised | 0 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | Barnie's Coffee & Tea 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 | Barnie's Coffee & Tea Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Boba Loca | Barnie's Coffee & Tea 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, 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 |
||
| Boba Loca | Barnie's Coffee & Tea 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 | |
| Barnie's Coffee & Tea Company | |
| Franchise Fee | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| Barnie's Coffee & Tea Company | 7% |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| Barnie's Coffee & Tea Company | |
| Year Founded | |
| Boba Loca | 0 |
| Barnie's Coffee & Tea Company | 1980 |
| Year Franchised | |
| Boba Loca | 0 |
| Barnie's Coffee & Tea Company | 1981 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| Barnie's Coffee & Tea Company | 10 years |
| Renewal Fee | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | 50% of current franchise fee |
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. |
| Barnie's Coffee & Tea Company | |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |
| Start-up Costs | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |
| Equipment | |
| Boba Loca} | |
| Barnie's Coffee & Tea Company | |
| Inventory | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |
| Receivables | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |
| Payroll | |
| Boba Loca | |
| Barnie's Coffee & Tea 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. |
| Barnie's Coffee & Tea 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. |
| Barnie's Coffee & Tea Company | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | Ad slicks |
| Operations | |
| Boba Loca | |
| 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) |
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 |
| Barnie's Coffee & Tea Company | |
| Canada Expansion | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | 0 |
| International Expansion | |
| Boba Loca | |
| Barnie's Coffee & Tea Company | |