DRNK coffee + tea and Qwench juice bar vs Bubbleology Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of DRNK coffee + tea and Qwench juice bar vs Bubbleology including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
DRNK coffee + tea and Qwench juice bar Franchise
Bubbleology Franchise
Investment $253,000 - $516,000$205,850 - $458,950
Franchise Fee $40,000$30,000
Royalty Fee 6%5%
Advertising Fee 3%1%
Year Founded 20132011
Year Franchised 20132016
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
DRNK coffee + tea and Qwench juice bar Franchise
Bubbleology Franchise
Experience * Experience as a multi-unit food or retail operator with successful development experience in a metropolitan area * Appropriate capitalization * An ability to lead and successfully drive growth through company owned (?) and sub-franchised locations * Creative and innovative thinking and a desire to be all-in passionate about the DRNK coffee + tea® brand * A strong commitment to community * A desire to be really great at this! -

Financing Options
 
DRNK coffee + tea and Qwench juice bar Franchise
Bubbleology Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
DRNK coffee + tea and Qwench juice bar Franchise
Bubbleology Franchise
Training On-The-Job Training: 112 hours Classroom Training: 8 hours -
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed -

Expansion Plans
 
DRNK coffee + tea and Qwench juice bar Franchise
Bubbleology Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About DRNK coffee + tea and Qwench juice bar

DRNK coffee + tea and Qwench juice bar was first opened in Los Angeles in October 2013. Since then, our units have created a popular spot for the millennials of Southern California. DRNK coffee + tea and Qwench juice bar has launched a franchise program to generate a chain of stores with motivated owner-operaters. The current Company-owned locations (and future openings) will act as the prototypes and training centers for new franchisees and will maintain a similar look and feel as the Company expands into new markets.

DRNK coffee + tea and Qwench juice bar will be franchising the Company’s operations in order to bring the expertly engineered coffee and tea menu to all parts of the United States. Through franchise development, DRNK coffee + tea and Qwench juice bar will give you the ability to operate locations in new markets and areas without the cost and management responsibilities that would come with widely distributed Company-owned outlets.

The DRNK coffee + tea and Qwench juice bar system is well positioned and poised for growth with a proven track record and a highly experienced operations and management team. The business model is a traditional quick service beverage concept where customers can order from the diverse menu of hot and cold coffees and teas, many USDA-certified as organic and Fair Trade, imaginative DRNK beverages and the most popular beverages, and the most requested breakfast items and Panini sandwiches, wraps, and salads, all freshly made in the store.

The DRNK coffee + tea and Qwench juice bar business model is simple and structured efficiently to provide profitability and ease of operating management, which allows for efficiency of replication and implementation of a training program with new franchise partners that is both easy to follow, learn, and implement.

Seeking new franchise units throughout the U.S., Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe    

About Bubbleology

"Bubbleology

Welcome and thank you for showing an interest in becoming a Bubbleology™ Franchisee, a leading European Bubble Tea & Waffle business, now set to storm the USA! We’re looking for entrepreneurial, visionary, and self-motivated franchisees to take the delicious science of our Bubble Tea & Waffles across the U.S.! Our current focus is on single site franchisees, and experienced and established area developers. Bubbleology™ was founded in the heart of London, Soho, in April 2011, and has since expanded Internationally. We are not just a tea & waffle brand, we are a vibrant lifestyle brand, with key partnerships with major retailers. And we have partnered, over the years, with many popular fashion brands!

The total investment necessary to begin operation of a Bubbleology Café franchise ranges from $205,850 to $395,750 for a kiosk location. This amount includes $50,500 to $60,000 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a Bubbleology Café franchise ranges from $253,600 to $458,950 for an inline location. This amount includes $50,500 to $60,000 that must be paid to the franchisor or its affiliate. If you sign an agreement for multi-unit development, you must also pay the franchisor or its affiliate up to $12,500 for each additional Bubbleology Café that you agree to develop.