Happy Joe's vs Bambu Desserts & Drinks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Happy Joe'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 |
$24,470 - $1,030,625 | $141,500 - $304,200 |
| Franchise Fee |
$15,000 - $17,000 | $40,000 - $80,000 |
| Royalty Fee |
4.5%-5% | - |
| Advertising Fee |
1.5% | - |
| Year Founded |
1972 | 2014 |
| Year Franchised |
1973 | 2014 |
| Term Of Agreement |
15 years | - |
| Term Of Agreement |
15 years | - |
| Renewal Fee |
10% of fee or $2K | - |
Business Experience Requirements |
| Experience |
General business experience | - |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
No/Yes | -/- |
| Start-up Costs |
No/Yes | -/- |
| Equipment |
No/Yes | -/- |
| Inventory |
No/Yes | -/- |
| Receivables |
No/Yes | -/- |
| Payroll |
No/Yes | -/- |
Training & Support |
| Training |
On-The-Job Training: 300 hours
Classroom Training: 40 hours
| - |
| Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
| - |
| Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
Website development
Email marketing
Loyalty program/app | - |
| Operations |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 45
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
| US Expansion |
Yes | Yes |
| Canada Expansion |
No | - |
| International Expansion |
Yes | - |
Company Overviews
About Happy Joe's
Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey's pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe's Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe's Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother's kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant's best-selling product, the Taco Pizza.
Seeking new franchisees in the following regions/states:
Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin
The total investment necessary to begin operations of a Happy Joe’s Full
Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to
$1,030,625. This includes $0 to $16,500 that must be paid to the
franchisor or an affiliate.
The total investment necessary to begin
operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This
includes the $0 to $16,500 that must be paid to the franchisor or an
affiliate.
The total investment to begin operations of a Happy Joe’s
Satellite ranges from $24,470 to $132,340. This includes the $0 to
$16,500 paid to the franchisor or an affiliate.
The total investment necessary to begin operations of a Happy Joe’s Area
Developer business ranges from $17,625 to $94,100. This includes the
development fee ranging from $15,000 to $45,000 that must be paid to the
franchisor.
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
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