Start-Up Costs and Fees |
||
| Woody's Chicago Style | Vivi Bubble Tea | |
| Investment | 58600 - 394000 | 166900 - 305100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1990 | 2007 |
| Year Franchised | 1991 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Woody's Chicago Style | Vivi Bubble Tea | |
| Experience | General business experience | |
Financing Options |
||
| Woody's Chicago Style | Vivi Bubble Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Woody's Chicago Style | Vivi Bubble Tea | |
| Training | ||
| Support | 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 |
||
| Woody's Chicago Style | Vivi Bubble Tea | |
| US Expansion | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, | 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 | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Woody's Chicago Style | 6% |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Year Founded | |
| Woody's Chicago Style | 1990 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Woody's Chicago Style | 1991 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Woody's Chicago Style | 5 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Woody's Chicago Style | $2K |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Woody's Chicago Style | General business experience |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Woody's Chicago Style | No |
| Vivi Bubble Tea | No |
| Start-up Costs | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Equipment | |
| Woody's Chicago Style} | |
| Vivi Bubble Tea | |
| Inventory | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Receivables | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Payroll | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Support | |
| Woody's Chicago Style | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Vivi Bubble Tea | |
| Marketing | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| Operations | |
| 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) |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Woody's Chicago Style | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, |
| 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 | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |
| International Expansion | |
| Woody's Chicago Style | |
| Vivi Bubble Tea | |