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Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs Tropicana Smoothies Juices & More! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,000 - $400,000 | $175,000 - $225,000 |
Franchise Fee | $25,000 | $75,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1997 | 1949 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | 10 years | 10 yeaqrs +10 |
Term Of Agreement | 10 years | 10 yeaqrs +10 |
Renewal Fee | $10000 | - |
Business Experience Requirements |
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Experience | - | - |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.
TROPICANA SMOOTHIES, JUICES & MORE! is a co-branding concept with premium-quality smoothies, nationally-branded ice cream and frozen yogurt. Concept will be sold as exclusive Territory Development Agreements for markets with a minimum of 500,000 population, with a development commitment of 5 stores in 10 years for established food-service and retail owners/operators.