Start-Up Costs and Fees |
||
| Boba Loca | Lasaters Coffee & Tea | |
| Investment | 88445 - 325955 | 257000 - 310000 |
| Franchise Fee | ||
| Royalty Fee | 4% or $495 /month whichever is higher | 0 |
| Advertising Fee | 1% or $175/month whichever is higher | 1% |
| Year Founded | 0 | 2004 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | Lasaters Coffee & Tea | |
| 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. | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
||
| Boba Loca | Lasaters Coffee & Tea | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Boba Loca | Lasaters Coffee & Tea | |
| 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. | Ongoing |
| 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. | |
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Boba Loca | Lasaters Coffee & 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| Boba Loca | 0 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| Boba Loca | 0 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| Boba Loca | |
| Lasaters Coffee & Tea | 0 |
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. |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Start-up Costs | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Equipment | |
| Boba Loca} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Receivables | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| Payroll | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
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. |
| Lasaters Coffee & Tea | Ongoing |
| 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. |
| Lasaters Coffee & Tea | |
| Marketing | |
| Boba Loca | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| Boba Loca | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% 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 |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| Boba Loca | |
| Lasaters Coffee & Tea | |
| International Expansion | |
| Boba Loca | |
| Lasaters Coffee & Tea | |