Start-Up Costs and Fees |
||
| Tapioca Express | Vivi Bubble Tea | |
| Investment | 200000 - 420000 | 166900 - 305100 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | |
| Advertising Fee | ||
| Year Founded | 1999 | 2007 |
| Year Franchised | 2000 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | Vivi Bubble Tea | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Tapioca Express | Vivi Bubble Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tapioca Express | Vivi Bubble Tea | |
| Training | ||
| Support | 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 |
||
| Tapioca Express | Vivi Bubble Tea | |
| 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 | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Year Founded | |
| Tapioca Express | 1999 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Tapioca Express | 2000 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing skills |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Tapioca Express | No |
| Vivi Bubble Tea | No |
| Start-up Costs | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Equipment | |
| Tapioca Express} | |
| Vivi Bubble Tea | |
| Inventory | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Receivables | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Payroll | |
| Tapioca Express | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| Support | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Vivi Bubble Tea | |
| Marketing | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Vivi Bubble Tea | |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| Vivi Bubble Tea | 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 | |
| Tapioca Express | |
| Vivi Bubble Tea | |
| International Expansion | |
| Tapioca Express | |
| Vivi Bubble Tea | |