Start-Up Costs and Fees |
||
| Rita's | Bambu Desserts & Drinks | |
| Investment | 15100 - 435000 | 141500 - 304200 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | |
| Advertising Fee | 3% | |
| Year Founded | 1984 | 2014 |
| Year Franchised | 1989 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Bambu Desserts & Drinks | |
| Experience | ||
Financing Options |
||
| Rita's | Bambu Desserts & Drinks | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rita's | Bambu Desserts & Drinks | |
| Training | 5 days at Cool University and 4 days on site | |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | |
Expansion Plans |
||
| Rita's | Bambu Desserts & Drinks | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | 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 | |
| Rita's | |
| Bambu Desserts & Drinks | |
| Franchise Fee | |
| Rita's | |
| Bambu Desserts & Drinks | |
| Royalty Fee | |
| Rita's | 6.50% |
| Bambu Desserts & Drinks | |
| Advertising Fee | |
| Rita's | 3% |
| Bambu Desserts & Drinks | |
| Year Founded | |
| Rita's | 1984 |
| Bambu Desserts & Drinks | 2014 |
| Year Franchised | |
| Rita's | 1989 |
| Bambu Desserts & Drinks | 2014 |
| Term Of Agreement | |
| Rita's | 10 years |
| Bambu Desserts & Drinks | |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Bambu Desserts & Drinks | |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Bambu Desserts & Drinks | |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Bambu Desserts & Drinks | No |
| Start-up Costs | |
| Rita's | |
| Bambu Desserts & Drinks | |
| Equipment | |
| Rita's} | |
| Bambu Desserts & Drinks | |
| Inventory | |
| Rita's | |
| Bambu Desserts & Drinks | |
| Receivables | |
| Rita's | |
| Bambu Desserts & Drinks | |
| Payroll | |
| Rita's | |
| Bambu Desserts & Drinks | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Bambu Desserts & Drinks | |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Bambu Desserts & Drinks | |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Bambu Desserts & Drinks | |
| Operations | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
| Bambu Desserts & Drinks | |
Expansion Plans |
|
| US Expansion | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Bambu Desserts & Drinks | 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 | |
| Rita's | |
| Bambu Desserts & Drinks | |
| International Expansion | |
| Rita's | |
| Bambu Desserts & Drinks | |