Start-Up Costs and Fees |
||
| Boba Loca | Maui Wowi Hawaiian Coffees & Smoothies | |
| Investment | 88445 - 325955 | 31100 - 394000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% or $495 /month whichever is higher | 0 |
| Advertising Fee | 1% or $175/month whichever is higher | |
| Year Founded | 0 | 1983 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | Maui Wowi Hawaiian Coffees & Smoothies | |
| 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 Sales/marketing experience preferred |
Financing Options |
||
| Boba Loca | Maui Wowi Hawaiian Coffees & Smoothies | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Boba Loca | Maui Wowi Hawaiian Coffees & Smoothies | |
| 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. | Full & continuous support |
| 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, National media, Regional advertising | |
| Operations | 65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Boba Loca | Maui Wowi Hawaiian Coffees & Smoothies | |
| 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 | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Franchise Fee | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| Maui Wowi Hawaiian Coffees & Smoothies | 0 |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Year Founded | |
| Boba Loca | 0 |
| Maui Wowi Hawaiian Coffees & Smoothies | 1983 |
| Year Franchised | |
| Boba Loca | 0 |
| Maui Wowi Hawaiian Coffees & Smoothies | 1997 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| Maui Wowi Hawaiian Coffees & Smoothies | 10 years |
| Renewal Fee | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | $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. |
| Maui Wowi Hawaiian Coffees & Smoothies | General business experience Sales/marketing experience preferred |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Start-up Costs | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Equipment | |
| Boba Loca} | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Inventory | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Receivables | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Payroll | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
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. |
| Maui Wowi Hawaiian Coffees & Smoothies | Full & continuous support |
| 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. |
| Maui Wowi Hawaiian Coffees & Smoothies | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | 65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is allowed. (50% 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 |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Canada Expansion | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| International Expansion | |
| Boba Loca | |
| Maui Wowi Hawaiian Coffees & Smoothies | |