Start-Up Costs and Fees |
||
| Mocha Delites | Boba Loca | |
| Investment | 53500 - 232500 | 88445 - 325955 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% or $495 /month whichever is higher |
| Advertising Fee | 1% or $175/month whichever is higher | |
| Year Founded | 2000 | 0 |
| Year Franchised | 2001 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mocha Delites | Boba Loca | |
| Experience | Industry experience General business experience Must have good customer service skills | *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. |
Financing Options |
||
| Mocha Delites | Boba Loca | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mocha Delites | Boba Loca | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | 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 | Co-op advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mocha Delites | Boba Loca | |
| 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 | |
| Mocha Delites | |
| Boba Loca | |
| Franchise Fee | |
| Mocha Delites | |
| Boba Loca | |
| Royalty Fee | |
| Mocha Delites | 5% |
| Boba Loca | 4% or $495 /month whichever is higher |
| Advertising Fee | |
| Mocha Delites | |
| Boba Loca | 1% or $175/month whichever is higher |
| Year Founded | |
| Mocha Delites | 2000 |
| Boba Loca | 0 |
| Year Franchised | |
| Mocha Delites | 2001 |
| Boba Loca | 0 |
| Term Of Agreement | |
| Mocha Delites | 5 years |
| Boba Loca | 2 and 5 years |
| Renewal Fee | |
| Mocha Delites | $10K |
| Boba Loca | |
Business Experience Requirements |
|
| Experience | |
| Mocha Delites | Industry experience General business experience Must have good customer service skills |
| 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. |
Financing Options |
|
| Franchise Fees | |
| Mocha Delites | No |
| Boba Loca | No |
| Start-up Costs | |
| Mocha Delites | |
| Boba Loca | |
| Equipment | |
| Mocha Delites} | |
| Boba Loca | |
| Inventory | |
| Mocha Delites | |
| Boba Loca | |
| Receivables | |
| Mocha Delites | |
| Boba Loca | |
| Payroll | |
| Mocha Delites | |
| Boba Loca | |
Training & Support |
|
| Training | |
| Mocha Delites | |
| 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. |
| Support | |
| Mocha Delites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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. |
| Marketing | |
| Mocha Delites | Co-op advertising |
| Boba Loca | |
| Operations | |
| Mocha Delites | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Boba Loca | |
Expansion Plans |
|
| US Expansion | |
| Mocha Delites | |
| 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 |
| Canada Expansion | |
| Mocha Delites | |
| Boba Loca | |
| International Expansion | |
| Mocha Delites | |
| Boba Loca | |