Rita's vs Bambu Desserts & Drinks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rita's vs Bambu Desserts & Drinks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,100 - $435,000 | $141,500 - $304,200 |
Franchise Fee |
$10,000 - $30,000 | $40,000 - $80,000 |
Royalty Fee |
6.5% | - |
Advertising Fee |
3% | - |
Year Founded |
1984 | 2014 |
Year Franchised |
1989 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
5 days at Cool University and 4 days on site | - |
Support |
Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | - |
Marketing |
Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Rita's
From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known.
Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness.
There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products!
The total investment necessary to begin operation of a standard
Rita’s shop is between $175,500 and $435,000. These figures include
between $50,000 to $55,000 that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of an
express Rita’s shop is between $121,100 and $309,900. These figures
include between $33,000 to $33,500 that must be paid to the franchisor
or its affiliate.
If you enter into an agreement for a standard Rita’s
shop or express Rita’s shop, we may offer you the opportunity to enter
into an addendum to operate a Rita’s satellite shop and/or a Rita’s
mobile unit.
The total investment necessary to begin operation of a
Rita’s satellite shop is between $131,550 and $296,400. These figures
include between $19,200 to $25,500 that must be paid to the franchisor
or its affiliate.
The total investment necessary to begin operation of a
Rita’s mobile unit is between $15,100 and $144,600. These figures
include between $10,000 to $13,000 that must be paid to the franchisor
or its affiliate.
About Bambu Desserts & Drinks
Bambu Desserts & Drinks serves distinctive Asian-inspired Che, unique boba teas,
Vietnamese coffees, exotic fruit smoothies and juices ordered directly
off our colorful menu or custom-made “just the way” our customers love
it. Besides our house made, vegan-friendly, gluten and dairy-free Che,
we are also known for our incredibly friendly service. Bambu Desserts & Drinks is not just
the next generation in a continuing waive of Asian-influenced drink
shops. Bambu Desserts & Drinks is here to stay.
Bambu Franchising, LLC is offering
passionate entrepreneurs the opportunity to open one or more Bambu Desserts & Drinks
Shoppes using Bambu’s valuable intellectual property including our
brand, proprietary recipes, and unique processes. Our franchise model
recommends, but does not dictate, the way you run your business except
as it relates maximizing your workflow and protecting the Bambu brand,
recipes and quality of our drinks. We also believe your financial
information is between you and your financial professional, so we charge
no fees based on a percentage of your revenue. This creates a friendly
relationship between us, the franchisor, and you, the franchisee.
The total investment necessary to begin operation of a Bambu Desserts & Drinks franchise
ranges from $141,500 to $304,200. This includes $47,000 that must be
paid to the franchisor or affiliates. The franchisor may offer to
qualified candidates the right to develop multiple Bambu Desserts & Drinks shoppes under
the terms of a Multi-Unit Development Agreement, in which case the total
investment stated above will increase by an amount equal to an initial
$15,000 times the number of additional Bambu Desserts & Drinks shoppes to be developed
under the Multi-Unit Development Agreement, which amounts are paid to
the franchisor. A franchisee entering into a Multi-Unit Development
Agreement must purchase its first Bambu Desserts & Drinks franchise at the time it enters
into the Multi-Unit