Rituals Coffee House vs Boba Loca Franchise Comparison

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

Start-Up Costs and Fees
 
Rituals Coffee House Franchise
Boba Loca Franchise
Investment $100,000 - And Up$88,445 - $325,955
Franchise Fee $5,000 - $25,000N/A
Royalty Fee 5%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 5 years with options2 and 5 years
Term Of Agreement 5 years with options2 and 5 years
Renewal Fee --


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

Training & Support
 
Rituals Coffee House Franchise
Boba Loca Franchise
Training Rituals Coffee House will provide initial training for up to five individuals. The training consists of: Classroom sessions and existing in-store training. The classroom training is conducted at our corporate training center, and on-the-job training will take place at our company-owned locations. Additional on-site training in your store as you open is also provided. In addition to the training plan, each franchise will receive a complete library of training and procedural manuals. All updates, improvements, and corrections are provided on a continual basis.

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 Typically, a stand-alone layout requires 1,200 sq. ft. with parking.-

Expansion Plans
 
Rituals Coffee House Franchise
Boba Loca Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Rituals Coffee House

 In November 1986 Mario Sabga-Aboud opened the first Burger Boys restaurant at 27 Frederick Street, Port-of-Spain. The success of this first restaurant was phenomenal and Mario asked himself 'what next?' The answer to that question was 'Pizza'. So two years later right next door to the first Burger Boys restaurant the first Pizza Boys restaurant opened for business in September 1988. Today, Pizza Boys is a powerful Group of Companies consisting of Wok 'n Roll, Imperial Gardens, Donut Boys, V.I.P Lounge, Vie de France, Captain D's, Church's Chicken and Rituals Coffee House. Today * A leader in the quick service industry in Trinidad and Tobago for over two decades * More than 1000 employees! * Great locations * 91 Business Units throughout Trinidad and Tobago * Commitment to high quality products * Multi-product business Tomorrow Since our first Cafe opened its doors in 2003, we have added 40 more outlets in Trinidad and Tobago and 15 more are planned. No stores have been closed since opening! Trinidadians and Tobagonians as well as our business, sport and leisure visitors can't get enough of Rituals. As we continue to grow, our franchising plan has opportunities for locations in * Grenada * St Lucia * Barbados * Jamaica * Antigua * St. Kitt's and Nevis * St. Vincent * St. Maarteen * Dominica * Bahamas * Bermuda * Turks and Caicos

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.