My Coffee vs Boba Loca Franchise Comparison

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

Start-Up Costs and Fees
  My Coffee Boba Loca
Investment 103650 - 466450 88445 - 325955
Franchise Fee
Royalty Fee 5% 4% or $495 /month whichever is higher
Advertising Fee 1% or $175/month whichever is higher
Year Founded 2004 0
Year Franchised 2007 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  My Coffee Boba Loca
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.

Financing Options
  My Coffee Boba Loca
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  My Coffee Boba Loca
Training You will attend our Initial Training Program to give you an overview of operations. During the week long program you will again access to our information for Accounting, Store Operations, Advertisements, Coffee, Tea, HR procedures, and more. 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 We will work closely with you from the beginning of your project with Site Selection, Lease Negotiation Assistance, and Construction Assistance. We will even be there for your opening. 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
Operations

Expansion Plans
  My Coffee 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
My Coffee
Boba Loca
Franchise Fee
My Coffee
Boba Loca
Royalty Fee
My Coffee 5%
Boba Loca 4% or $495 /month whichever is higher
Advertising Fee
My Coffee
Boba Loca 1% or $175/month whichever is higher
Year Founded
My Coffee 2004
Boba Loca 0
Year Franchised
My Coffee 2007
Boba Loca 0
Term Of Agreement
My Coffee
Boba Loca 2 and 5 years
Renewal Fee
My Coffee
Boba Loca


Business Experience Requirements
Experience
My Coffee
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
My Coffee
Boba Loca
Start-up Costs
My Coffee
Boba Loca
Equipment
My Coffee}
Boba Loca
Inventory
My Coffee
Boba Loca
Receivables
My Coffee
Boba Loca
Payroll
My Coffee
Boba Loca

Training & Support
Training
My Coffee You will attend our Initial Training Program to give you an overview of operations. During the week long program you will again access to our information for Accounting, Store Operations, Advertisements, Coffee, Tea, HR procedures, and more.
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
My Coffee We will work closely with you from the beginning of your project with Site Selection, Lease Negotiation Assistance, and Construction Assistance. We will even be there for your opening.
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
My Coffee
Boba Loca
Operations
My Coffee
Boba Loca

Expansion Plans
US Expansion
My Coffee
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
My Coffee
Boba Loca
International Expansion
My Coffee
Boba Loca