|
Below is an in-depth analysis and side-by-side comparison of Hawaii's Java Kai vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $168,990 - $355,900 | $88,445 - $325,955 |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 6% | 4% or $495 /month whichever is higher |
Advertising Fee | - | 1% or $175/month whichever is higher |
Year Founded | 1997 | - |
Year Franchised | 2000 | - |
Term Of Agreement | 20 years | 2 and 5 years |
Term Of Agreement | 20 years | 2 and 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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 | Meetings, Toll-free phone line, Grand opening, 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, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Looking for a great opportunity to bring the taste and ambiance of Hawaii to your town? Join the Java Kai O'hana family and bring this exciting opportunity to your neighborhood. Hawaii's Java Kai coffee is made from 100% Kona Coffee, the most well known of the Hawaiian coffees. It's a perfect balance of flavor, body and aroma. Java Kai offers a wide variety of coffees from Hawaii's homeland. As a franchisee, Java Kai will teach you everything you need to know about coffee to give you that extra edge for creating a successful business. The franchise includes use of all trademarks owned by the Franchisor, as well as all benefits of using the Java Kai System. The system includes all proprietary recipes and menu items, the distinctive exterior and interior layout along with their design and color scheme. They will also provide you with exclusively designed signage and decorations, along with the HAWAII'S JAVA KAI Confidential Operations Manual. As a franchisee, you are supported in all aspects of business in order to help you become a successful entrepreneur.