Start-Up Costs and Fees |
||
| Tapioca Express | Boba Loca | |
| Investment | 200000 - 420000 | 88445 - 325955 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | 4% or $495 /month whichever is higher |
| Advertising Fee | 1% or $175/month whichever is higher | |
| Year Founded | 1999 | 0 |
| Year Franchised | 2000 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | Boba Loca | |
| Experience | Industry experience General business experience Marketing 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 |
||
| Tapioca Express | Boba Loca | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tapioca Express | 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, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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, 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 | 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 | |
| Tapioca Express | |
| Boba Loca | |
| Franchise Fee | |
| Tapioca Express | |
| Boba Loca | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| Boba Loca | 4% or $495 /month whichever is higher |
| Advertising Fee | |
| Tapioca Express | |
| Boba Loca | 1% or $175/month whichever is higher |
| Year Founded | |
| Tapioca Express | 1999 |
| Boba Loca | 0 |
| Year Franchised | |
| Tapioca Express | 2000 |
| Boba Loca | 0 |
| Term Of Agreement | |
| Tapioca Express | |
| Boba Loca | 2 and 5 years |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| Boba Loca | |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing 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 | |
| Tapioca Express | No |
| Boba Loca | No |
| Start-up Costs | |
| Tapioca Express | |
| Boba Loca | |
| Equipment | |
| Tapioca Express} | |
| Boba Loca | |
| Inventory | |
| Tapioca Express | |
| Boba Loca | |
| Receivables | |
| Tapioca Express | |
| Boba Loca | |
| Payroll | |
| Tapioca Express | |
| Boba Loca | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| 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 | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Boba Loca | |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| Boba Loca | |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| 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 | |
| Tapioca Express | |
| Boba Loca | |
| International Expansion | |
| Tapioca Express | |
| Boba Loca | |