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Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs HipPOPs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,000 - $400,000 | $245,175 - $351,450 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 2012 |
Year Franchised | 2004 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $10000 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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Training | - | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
Support | - | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.
We've got the mobile Gelato Ice Cream Franchise POP-ortunity you've been looking for. The first mobile Gelato Ice Cream on a stick franchise of its kind! The frozen ice cream business, reimagined... HipPOPs is gourmet, handcrafted gelato on a stick, delivered to the people. Building on the success of the original HipPOPs mobile ice cream business model - and a passion for delivering handcrafted awesomeness - to people everywhere, HipPOPs is now offering franchise opportunities. *Mobility means profitability *Multiple revenue streams, year-round sales. *Flexible business model *Reduced overhead, lean staffing, no retail or mall hours, no long or expensive rental commitments. *Proprietary recipes and quality product *High-quality ingredients, locally sourced when possible, handcrafted artisan approach. *Catering and POP-up gelato bars *Endless possibilities for special events in any season, from weddings to bar mitzvahs, to corporate functions and more. *Advertising on wheels The POPtruck is also a billboard, providing maximum exposure every time you are out on the street. Growth market Ice cream and frozen novelty business is expected to reach $12.7 billion in sales over the next five years. What to expect in a typical day: 1. Make some POPs: Spend a few hours creating product in your own Micro Creamery. 2. Work the phone: Field calls about catering opportunities and events, spend time on the phone with customers to schedule bookings. 3. Hit the streets: Vend from the POPtruck at scheduled music festivals, golf tournaments, food truck events, arts and crafts fairs and more in the evening. 4. Cater an event: Serve at a catering event or POP-up gelato social (or both!) later in the day.