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Updated RecentlyCoffee Perks vs Boba Loca Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coffee Perks 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 | $116,100 | $88,445 - $325,955 |
| Franchise Fee | $18,000 | N/A |
| Royalty Fee | 6% | 4% or $495 /month whichever is higher |
| Advertising Fee | - | 1% or $175/month whichever is higher |
| Year Founded | 1993 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 10 years | 2 and 5 years |
| Term Of Agreement | 10 years | 2 and 5 years |
| Renewal Fee | $5K | - |
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 | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 5 - 30
Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Coffee Perks
Coffee Perks is offering the ideal, business-to-business franchise opportunity in the U.S. serving the break room and food service markets. Coffee Perks has franchised their award-winning business model and is offering a limited number of opportunities nationwide. The wholesale specialty and bottled water market is an $18 billion + industry experiencing record sales and growth. Why work retail hours when you can tailor your own hours, Monday through Friday with no weekend’s necessary. Benefit from Coffee Perks’ years of industry experience, ongoing support, comprehensive training, distinctive branding and advertising, protected territories and recurring revenue. Did you know that an office coffee and refreshment service is the least expensive employee benefit an employer can provide, and one of the most appreciated by their employees? Did you realize that a cup of coffee is usually one the first and last items a consumer will enjoy at a restaurant? Coffee Perks provides a unique niche in the break room and food service markets by offering distinctive products, equipment and distribution to service these market segments. Brew Success with a Coffee Perks Franchise.
About Boba Loca