Start-Up Costs and Fees |
||
| Boba Loca | It's A Grind Coffee House | |
| Investment | 88445 - 325955 | 173150 - 473000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% or $495 /month whichever is higher | 6% |
| Advertising Fee | 1% or $175/month whichever is higher | 2% |
| Year Founded | 0 | 1995 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | It's A Grind Coffee House | |
| 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. | General business experience Strong people skills |
Financing Options |
||
| Boba Loca | It's A Grind Coffee House | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Boba Loca | It's A Grind Coffee House | |
| 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. | Additional training as needed |
| 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, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Boba Loca | It's A Grind Coffee House | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Franchise Fee | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| It's A Grind Coffee House | 6% |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| It's A Grind Coffee House | 2% |
| Year Founded | |
| Boba Loca | 0 |
| It's A Grind Coffee House | 1995 |
| Year Franchised | |
| Boba Loca | 0 |
| It's A Grind Coffee House | 2000 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| It's A Grind Coffee House | 10 years |
| Renewal Fee | |
| Boba Loca | |
| It's A Grind Coffee House | $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. |
| It's A Grind Coffee House | General business experience Strong people skills |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Start-up Costs | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Equipment | |
| Boba Loca} | |
| It's A Grind Coffee House | |
| Inventory | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Receivables | |
| Boba Loca | |
| It's A Grind Coffee House | |
| Payroll | |
| Boba Loca | |
| It's A Grind Coffee House | |
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. |
| It's A Grind Coffee House | Additional training as needed |
| 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. |
| It's A Grind Coffee House | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Boba Loca | |
| It's A Grind Coffee House | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Boba Loca | |
| It's A Grind Coffee House | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT 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 |
| It's A Grind Coffee House | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Boba Loca | |
| It's A Grind Coffee House | |
| International Expansion | |
| Boba Loca | |
| It's A Grind Coffee House | |