Caribou Coffee Company vs Boba Loca Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Caribou Coffee Company vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Caribou Coffee Company Franchise
Boba Loca Franchise
Investment $223,840 - $939,995$88,445 - $325,955
Franchise Fee $12,500 - $25,000N/A
Royalty Fee -4% or $495 /month whichever is higher
Advertising Fee -1% or $175/month whichever is higher
Year Founded 1992-
Year Franchised 2004-
Term Of Agreement -2 and 5 years
Term Of Agreement -2 and 5 years
Renewal Fee --


Business Experience Requirements
 
Caribou Coffee Company Franchise
Boba Loca Franchise
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
 
Caribou Coffee Company Franchise
Boba Loca Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Caribou Coffee Company Franchise
Boba Loca Franchise
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
 
Caribou Coffee Company Franchise
Boba Loca Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Caribou Coffee Company

Life is Short, Stay Awake for it

Caribou Coffee offers great opportunities to US and non-US developers. Multi-unit area development agreements for well-qualified franchisees, and single-unit license opportunities for specialty concessions, large retailers and institutions are available. As a Caribou Coffee franchisee, you'll be: * Part of the nation's second-largest specialty coffee company * Treating your guests to the finest, freshest coffee on the planet * Joining a world-class company supported by our outstanding training, operations, and marketing teams

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.