Tapioca Express vs Waves Coffee House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tapioca Express vs Waves Coffee House including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Tapioca Express Franchise
Waves Coffee House Franchise
Investment $200,000 - $420,000$300,000 - $350,000
Franchise Fee $15,000$25,000
Royalty Fee $0.055/cup6%
Advertising Fee -3%
Year Founded 19992004
Year Franchised 20002004
Term Of Agreement --
Term Of Agreement --
Renewal Fee $3K for 2 years-


Business Experience Requirements
 
Tapioca Express Franchise
Waves Coffee House Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Tapioca Express Franchise
    Waves Coffee House Franchise
      In-House/3rd PartyIn-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
     
    Tapioca Express Franchise
    Waves Coffee House Franchise
    Training -The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits.
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 5

    100% of current franchisees are owner/operators

    		Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations.

    Expansion Plans
     
    Tapioca Express Franchise
    Waves Coffee House Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Tapioca Express

    Wayne and Stephanie, passionate about their Taiwanese heritage, opened the first Tapioca Express store in the San Gabriel Valley in 1999 �" one of the very first boba chains in the United States. Since the beginning,
    Tapioca Express has harvested the finest ingredients from Taiwan and continually provides quality teas, boba, and snacks. However, we did not foresee that boba’s popularity would manifest into its own culture and become an everyday lifestyle. Today, Tapioca Express expands across California and into other states, including Washington, Texas, and Virginia. In our two decades of experience in brewing, we focus on nurturing and enriching communities with the finest teas, coffee, and boba.
    Tapioca beverage is a various combination of black or green tea, milk, juice, coffee, and small marbles of tapioca (a.k.a. "black pearl" or "boba", made from Tapioca starch, water, corn starch and natural flavors.) It originated in Tai-Chung City (in Taiwan) around 1981, and soon spread across Asia. In the late 90s, it traveled to North America and has quickly become a raging trendy drink on both coasts. It is perceived as a relatively healthier beverage than soft drinks or coffee, and a lot more fun, too.Tapioca Express was the first in North America to offer a wide selection of high quality tapioca beverage adhering to a consistently high professional standard. Since opening its first store in the city of Alhambra (located in the Greater Los Angeles, California),
    Tapioca Express has become synonymous to quality and innovation.

    About Waves Coffee House

    So, you love coffee and have a dream of running your own business - but you don't know how to go about it? Becoming a Waves Coffee franchisee is one of Canada's smartest business opportunities - and probably your best business decision. You can fulfill your dream AND have the support of a reputable team with unrivaled experience and enthusiasm. Hottest Brand in Canada "Waves" is really changing the way to get into business. Why? Because we are passionate about two things: Our coffee and our people. We like to think Waves Coffee brings a different flavour to the immediate neighbourhood and that it stands out above others. Waves is in the business of meeting the needs of the community. We really care about our customers and the experience they have when they make a purchase from us. As a successful business you will need them to come back time and time again, and we can show you how to make sure they do. You will want to operate professionally, effectively and - most important - profitable, and with our help you can do that. We will assist in finding the best location for your new venture. We have the extensive operating experience and marketing knowhow to help get your business off the ground. We provide counsel and advice when you really need it, and give you access to a rapidly growing brand and trademark. Through our brand partners we can help you to benefit from our expanding purchasing power, and give you access to extensive training and support programs. Your success is very important to us and we will give you all the assistance we can to make sure it happens. Remember - we care about our people and our commitment to them is an important part of our - and ultimately your success.