|
Below is an in-depth analysis and side-by-side comparison of Cafe Supreme vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $300,000 - $375,000 | $88,445 - $325,955 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | - | 4% or $495 /month whichever is higher |
Advertising Fee | - | 1% or $175/month whichever is higher |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 10 years | 2 and 5 years |
Term Of Agreement | 10 years | 2 and 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
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 |
||
Training | The comprehensive 4-week training program at our Corporate Training Centre provides hands-on experience covering all phases of operating your Cafe Supreme franchise. You will receive operations manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your cafe opening. | 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 |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Cafe Supreme responds to the trend towards wholesome food and healthier lifestyles by offering customers fresh nutritious alternatives to conventional fast-food choices. Our European style cafe-bistros offer a light fair menu selection combined with gourmet coffee sales sold by the cup and pound. Baking is an integral part of the operations as all sandwiches are served on speciality breads such as ciabatta, foccacia and baguettes. Menu items also focus on a wide selection of gourmet salads and sandwiches, oven-baked breads and pastries, complimented by an exclusive selection of premium coffees. The menu overall is health conscious and international in flavour, creating a fusion of Italian, Mediterranean, Californian and Asian cuisine. Cafe supreme offers the following:
1. Facilities planning, specifications for fixtures, equipment and leasehold improvements and the option to take advantage of a full turnkey package. 2. Assistance in site selection and lease negotiations. 3. In-store training. 4. Store opening assistance. 5. Advertising and marketing support. 6. Continued field support. 7. Unique promotions and public relations programs. 8. A complete product line of gourmet food and coffee products.