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Below is an in-depth analysis and side-by-side comparison of Espresso To Go 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 | $130,000 - $500,000 | $88,445 - $325,955 |
Franchise Fee | N/A | N/A |
Royalty Fee | - | 4% or $495 /month whichever is higher |
Advertising Fee | - | 1% or $175/month whichever is higher |
Year Founded | 2003 | - |
Year Franchised | 2003 | - |
Term Of Agreement | - | 2 and 5 years |
Term Of Agreement | - | 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. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | 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 | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Imagine for a moment this was your business - selling great coffee to happy customer’s each day.Your typical day would start around 7.00 am and finish around 1.00 pm Monday to Friday, but the hours you work is up to you.
You would visit around 20 businesses and if you sold 100 cups each day you would make an operating profit of around $75,000, and if you sold 150 cups per day, firstly you would pay no fees of any kind and make an operating profit of around $130,000 per year.
You could work weekends if you wanted to or you could not, it’s up to you.
If you are looking for a great work life balance, excellent income and the freedom of working for yourself, this business is for you.