Boba Loca vs Woody's Chicago Style Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boba Loca vs Woody's Chicago Style including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Boba Loca Woody's Chicago Style
Investment 88445 - 325955 58600 - 394000
Franchise Fee 0
Royalty Fee 4% or $495 /month whichever is higher 6%
Advertising Fee 1% or $175/month whichever is higher
Year Founded 0 1990
Year Franchised 0 1991
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Boba Loca Woody's Chicago Style
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

Financing Options

  Boba Loca Woody's Chicago Style
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Boba Loca Woody's Chicago Style
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
Operations 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  Boba Loca Woody's Chicago Style
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 Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Boba Loca
Woody's Chicago Style
Franchise Fee
Boba Loca
Woody's Chicago Style
Royalty Fee
Boba Loca 4% or $495 /month whichever is higher
Woody's Chicago Style 6%
Advertising Fee
Boba Loca 1% or $175/month whichever is higher
Woody's Chicago Style
Year Founded
Boba Loca 0
Woody's Chicago Style 1990
Year Franchised
Boba Loca 0
Woody's Chicago Style 1991
Term Of Agreement
Boba Loca 2 and 5 years
Woody's Chicago Style 5 years
Renewal Fee
Boba Loca
Woody's Chicago Style $2K


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.
Woody's Chicago Style General business experience

Financing Options

 
Franchise Fees
Boba Loca
Woody's Chicago Style
Start-up Costs
Boba Loca
Woody's Chicago Style
Equipment
Boba Loca}
Woody's Chicago Style
Inventory
Boba Loca
Woody's Chicago Style
Receivables
Boba Loca
Woody's Chicago Style
Payroll
Boba Loca
Woody's Chicago Style

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.
Woody's Chicago Style
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.
Woody's Chicago Style Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Boba Loca
Woody's Chicago Style
Operations
Boba Loca
Woody's Chicago Style 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% 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
Woody's Chicago Style Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming,
Canada Expansion
Boba Loca
Woody's Chicago Style
International Expansion
Boba Loca
Woody's Chicago Style