Start-Up Costs and Fees |
||
| Boba Loca | Tapioca Express | |
| Investment | 88445 - 325955 | 200000 - 420000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% or $495 /month whichever is higher | $0.055/cup |
| Advertising Fee | 1% or $175/month whichever is higher | |
| Year Founded | 0 | 1999 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boba Loca | Tapioca Express | |
| 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. | Industry experience General business experience Marketing skills |
Financing Options |
||
| Boba Loca | Tapioca Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Boba Loca | Tapioca Express | |
| 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, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | |
Expansion Plans |
||
| Boba Loca | Tapioca Express | |
| 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 | |
| Tapioca Express | |
| Franchise Fee | |
| Boba Loca | |
| Tapioca Express | |
| Royalty Fee | |
| Boba Loca | 4% or $495 /month whichever is higher |
| Tapioca Express | $0.055/cup |
| Advertising Fee | |
| Boba Loca | 1% or $175/month whichever is higher |
| Tapioca Express | |
| Year Founded | |
| Boba Loca | 0 |
| Tapioca Express | 1999 |
| Year Franchised | |
| Boba Loca | 0 |
| Tapioca Express | 2000 |
| Term Of Agreement | |
| Boba Loca | 2 and 5 years |
| Tapioca Express | |
| Renewal Fee | |
| Boba Loca | |
| Tapioca Express | $3K for 2 years |
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. |
| Tapioca Express | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Boba Loca | |
| Tapioca Express | |
| Start-up Costs | |
| Boba Loca | |
| Tapioca Express | |
| Equipment | |
| Boba Loca} | |
| Tapioca Express | |
| Inventory | |
| Boba Loca | |
| Tapioca Express | |
| Receivables | |
| Boba Loca | |
| Tapioca Express | |
| Payroll | |
| Boba Loca | |
| Tapioca Express | |
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. |
| Tapioca Express | |
| 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. |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Boba Loca | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Boba Loca | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% 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 |
| Tapioca Express | |
| Canada Expansion | |
| Boba Loca | |
| Tapioca Express | |
| International Expansion | |
| Boba Loca | |
| Tapioca Express | |