Woody's Chicago Style vs Tapioca Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Woody's Chicago Style vs Tapioca Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Woody's Chicago Style Franchise
Tapioca Express Franchise
Investment $58,600 - $394,000$200,000 - $420,000
Franchise Fee N/A$15,000
Royalty Fee 6%$0.055/cup
Advertising Fee --
Year Founded 19901999
Year Franchised 19912000
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2K$3K for 2 years


Business Experience Requirements
 
Woody's Chicago Style Franchise
Tapioca Express Franchise
Experience
  • General business experience

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Woody's Chicago Style Franchise
    Tapioca Express Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Woody's Chicago Style Franchise
    Tapioca Express Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing -Co-op advertising, Ad slicks, National media, Regional advertising
    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)

    Number of employees needed to run franchised unit: 5

    100% of current franchisees are owner/operators

    Expansion Plans
     
    Woody's Chicago Style Franchise
    Tapioca Express Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Woody's Chicago Style

    Woody's has many types of operation: Class A Franchise *Propane or electric format *Highly mobile *Operates without on-site utilities *Moderate to high volume *Trailer included Class B Franchise *High volume capacity *Greater presence *Propane or electric format *Limited Mobility *Trailer included Class C Franchise *Limited mobile format *220V, 40 amp power requirement *Fully self-contained *Established product line *Fully automatic equipment Class D Franchise: In-Line Store. Class D Twin Carts. Class D Kiosk. Class D Stand Alone. Class E Franchise: *Class A cart package included *Operates without on-site utilities *High volume capabilities *Additional specialized training included *Cart transport trailer included *Additional optional equipment available. Class K Kiosk Franchise was developed to accommodate the ever evolving mobile food service industry. This program enables a Franchisee to be open year round during some of the most extreme weather. This fully enclosed, self-contained kiosk unit is still considered a mobile unit, but is adaptable to municipalities that are looking for more of a permanent structure and less mobile. It can be customized to fit many code directed specifications of various deemed health departments or local code enforcement agencies. The kiosk allows vendors to offer a broader menu, and can accommodate more storage and cooking space than the traditional class A, B and C franchises, which in turn allows access to locations where foot traffic is more prevalent.

    About Tapioca Express

    Wayne and Stephanie, passionate about their Taiwanese heritage, opened the first Tapioca Express store in the San Gabriel Valley in 1999 �" one of the very first boba chains in the United States. Since the beginning,
    Tapioca Express has harvested the finest ingredients from Taiwan and continually provides quality teas, boba, and snacks. However, we did not foresee that boba’s popularity would manifest into its own culture and become an everyday lifestyle. Today, Tapioca Express expands across California and into other states, including Washington, Texas, and Virginia. In our two decades of experience in brewing, we focus on nurturing and enriching communities with the finest teas, coffee, and boba.
    Tapioca beverage is a various combination of black or green tea, milk, juice, coffee, and small marbles of tapioca (a.k.a. "black pearl" or "boba", made from Tapioca starch, water, corn starch and natural flavors.) It originated in Tai-Chung City (in Taiwan) around 1981, and soon spread across Asia. In the late 90s, it traveled to North America and has quickly become a raging trendy drink on both coasts. It is perceived as a relatively healthier beverage than soft drinks or coffee, and a lot more fun, too.Tapioca Express was the first in North America to offer a wide selection of high quality tapioca beverage adhering to a consistently high professional standard. Since opening its first store in the city of Alhambra (located in the Greater Los Angeles, California),
    Tapioca Express has become synonymous to quality and innovation.