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Below is an in-depth analysis and side-by-side comparison of Jo to Go vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $82,500 - $786,000 | $88,445 - $325,955 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 7% | 4% or $495 /month whichever is higher |
Advertising Fee | - | 1% or $175/month whichever is higher |
Year Founded | 1998 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 15 years | 2 and 5 years |
Term Of Agreement | 15 years | 2 and 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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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. |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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, Grand opening, Internet, Security/safety procedures, 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, National media, Regional advertising | - |
Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 7 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
It's the People That Make the Support Superior - The people at the Jo To Go Coffee - Franchise Support Center offices are all committed to supporting and growing our franchise system. They are dedicated and willing people that were found using the same hiring system we share with our franchisee partners.Jo To Go Coffee offers robust support from a collection of bright and talented professionals across marketing & advertising, real estate, graphic design, accounting, operations, training and franchise sales. Getting answers and assistance, even from the officers of the company, is only a phone call, email or a visit away. We look forward to meeting and serving you!