Woody's Chicago Style vs Boba Loca Franchise Comparison

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

Start-Up Costs and Fees
 
Woody's Chicago Style Franchise
Boba Loca Franchise
Investment $58,600 - $394,000$88,445 - $325,955
Franchise Fee N/AN/A
Royalty Fee 6%4% or $495 /month whichever is higher
Advertising Fee -1% or $175/month whichever is higher
Year Founded 1990-
Year Franchised 1991-
Term Of Agreement 5 years2 and 5 years
Term Of Agreement 5 years2 and 5 years
Renewal Fee $2K-


Business Experience Requirements
 
Woody's Chicago Style Franchise
Boba Loca Franchise
Experience
  • General business experience

    • *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
     
    Woody's Chicago Style Franchise
    Boba Loca Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Woody's Chicago Style Franchise
    Boba Loca Franchise
    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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

    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 --
    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 Franchise
    Boba Loca Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    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 Boba Loca

    Although there are many individually owned boba shops and chain stores, we know that none of them have
    Boba Loca's competitive advantage. Here are the reasons why Boba Loca is an ultimate partner for all your business needs. *BOBA LOCA is devoted to offer the most flavorful, naturally great tasting, refreshing, and satisfying drink experience. *BOBA LOCA team is committed to continuously provide world- class quality products and services by making sure that every BOBA LOCA experience is enjoyable. We refuse to sacrifice quality for convenience by using precooked Boba or Powder Tea. *BOBA LOCA is dedicated to spreading and cultivating the BOBA LOCA culture and experience to the world. *BOBA LOCA is more than a great drink concept. Providing an excellent, warm, and genuine customer care which is an integral part of who we are and what we do. We are willing to guide you in the process of successfully building and running your own Boba Loca store.