Boba Loca vs Presotea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boba Loca vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$88,445 - $325,955 | $235,000 - $365,000 |
Franchise Fee |
N/A | $14,000 |
Royalty Fee |
4% or $495 /month whichever is higher | - |
Advertising Fee |
1% or $175/month whichever is higher | - |
Year Founded |
- | 2018 |
Year Franchised |
- | 2019 |
Term Of Agreement |
2 and 5 years | - |
Term Of Agreement |
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 |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
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 |
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 |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
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.
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.