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Updated RecentlyBig Apple Bagels vs Boba Loca Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Big Apple Bagels 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 | $298,000 - $405,000 | $88,445 - $325,955 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 5% | 4% or $495 /month whichever is higher |
| Advertising Fee | 3% | 1% or $175/month whichever is higher |
| Year Founded | 1993 | - |
| Year Franchised | 1993 | - |
| Term Of Agreement | 10 years | 2 and 5 years |
| Term Of Agreement | 10 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/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 | Our Training Sets Your Business Apart!
Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
| 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 | Our Support Sets Your Business Apart!
As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support.
Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site.
As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
| 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 | Ad slicks, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Big Apple Bagels
Big Apple Bagels is on the forefront of the fast casual dining boom. We stand apart from the crowd with growth and consumer appeal because of our commitment to excellence in all aspects of our business.
The Big Apple Bagels restaurant concept was developed to delight not only customers, but our franchise owner-operators as well. As a Big Apple Bagels franchisee, you'll be able to produce freshly baked Big Apple Bagels brand bagels, My Favorite Muffin brand gourmet muffins, a wide assortment of delicious sandwiches and salads, and serve our own Brewster's brand of brewed coffee and specialty drinks.
The Big Apple Bagels menu offers a broad range of lunch options to round out our menu and keep our customers coming back.
Unlike other sandwich concepts, Big Apple Bagels has a proven breakfast program. With the strength of the Big Apple Bagels, My Favorite Muffin and Brewster's coffee brands your restaurant doubles as a bakery-cafe. As another example of its multiple identities, the restaurant is not only a retail destination, but also a wholesale distributorship from which your baked-from-scratch bagels and muffins can be sold in bulk to corporate clients, restaurants, convenience stores and other businesses for resale. If you've been to one of our restaurants, you've seen -- and tasted -- what keeps our customers coming back for more: Big freshly baked bagels, made from scratch ... enhanced with our exclusive varieties of cream cheese, or made into a fresh deli or breakfast sandwich ... served with a cup of one of our gourmet Brewster's coffees.
The total initial investment necessary to begin operation of your
first Big Apple Bagels Production Store ranges from $298,000 - $405,000, including
$32,500 you must pay the franchisor or its affiliates.
The total initial
investment necessary to begin operation of your first Big Apple Bagels Satellite
Store ranges from $104,250 - $283,000, including $18,000 you must pay
the franchisor or its affiliates.
The total investment necessary to begin operation of your franchised Big Apple Bagels Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your Big Apple Bagels Store. Under the Area Development Agreement, you must open a minimum of 2 Big Apple Bagels Stores.
The total investment necessary to begin operation of your franchised Big Apple Bagels Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your Big Apple Bagels Store. Under the Area Development Agreement, you must open a minimum of 2 Big Apple Bagels Stores.
About Boba Loca
Although there are many individually owned boba shops and chain stores, we know that none of them have
Boba Loca's competitive
advantage. Here are the reasons why Boba Loca is an ultimate partner for all your business needs.
*BOBA LOCA is devoted to offer the most flavorful, naturally great tasting, refreshing, and satisfying drink experience.
*BOBA LOCA team is committed to continuously provide world- class quality products and services by making sure that every BOBA LOCA experience is enjoyable. We refuse to sacrifice quality for convenience by using precooked Boba or Powder Tea.
*BOBA LOCA is dedicated to spreading and cultivating the BOBA LOCA culture and experience to the world.
*BOBA LOCA is more than a great drink concept. Providing an excellent, warm, and genuine customer care which is an integral part of who we are and what we do. We are willing to guide you in the process of successfully building and running your own Boba Loca store.