Tapioca Express vs Presotea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tapioca Express vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$200,000 - $420,000 | $235,000 - $365,000 |
Franchise Fee |
$15,000 | $14,000 |
Royalty Fee |
$0.055/cup | - |
Advertising Fee |
- | - |
Year Founded |
1999 | 2018 |
Year Franchised |
2000 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
$3K for 2 years | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
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.
About Presotea
We want to thank you for expressing an interest in becoming part of the
Presotea America family. As a leading Bubble Tea business across the
globe, we are now poised to take the US Market by storm.
The Presotea America family is searching for business minded entrepreneurs
and visionaries like you to take our perfected Bubble Tea to the US.
Currently, we are focusing on licensing our brand, technology and
process to single site franchisees, and experienced and established area
developers.
The franchise offered is a Master Franchise to develop, own, operate and
subfranchise “made to order” fresh brewed tea shops called Presotea.
The Master Franchise requires the opening of a minimum of 10 Presotea
Shops in the protected Territory, within 6 years of the signing of the
Master Franchise Agreement whether by developing directly or
subfranchising.
The total investment necessary to begin operation of the Presotea master
franchise ranges from $235,000 to $365,000, of which the initial down
payment of the Master Franchise Fee to be paid to us is $14,000, as well
as $20,000 for required initial training, $55,000 for required
equipment, $18,000 for required branding, and $50,000 for required
opening inventory of supplies and food, for the first owned or
subfranchised Presotea Shop, which must be paid to the franchisor or
their affiliate.