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Updated RecentlyOrange Julius of America vs Boba Loca Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Orange Julius of America 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 | $194,200 - $380,600 | $88,445 - $325,955 |
| Franchise Fee | $20,000 - $35,000 | N/A |
| Royalty Fee | 6% | 4% or $495 /month whichever is higher |
| Advertising Fee | - | 1% or $175/month whichever is higher |
| Year Founded | 1926 | - |
| Year Franchised | 1948 | - |
| Term Of Agreement | 15 years (co-terminus w/lease) | 2 and 5 years |
| Term Of Agreement | 15 years (co-terminus w/lease) | 2 and 5 years |
| Renewal Fee | $2.5K | - |
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/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 | - | 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, Toll-free phone line, Grand opening, Internet, 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 | - |
| Operations |
Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Orange Julius of America
When Julius Freed opened his first orange juice stand in 1926, he was doing well, but his real estate broker, Bill Hamlin, felt he could do better. Using his chemistry background, Hamlin devised a formula to give the juice a smooth, creamy and airy texture. Once the new drink was unveiled, sales at the stand grew from $20 to $100 a day. As more and more customers began to say, 'Give me an orange, Julius,' the new product got its name.
Hamlin quit his job in real estate and focused on opening Orange Julius stores across the United States. Within three years he had opened 100 stores and the profits for the system, whose only product was a 10-cent drink, approached $3 million. Other drink flavors were added to a menu that now includes nachos, hamburgers and hot dogs.
Orange Julius' parent company, International Dairy Queen, also owns Dairy Queen and Karmelkorn. The three concepts are franchised together at Treat Center stores.
About Boba Loca