|
Below is an in-depth analysis and side-by-side comparison of Newberrys Gourmet Coffee vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $6,000 - $20,000 | $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 | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 2 and 5 years |
Term Of Agreement | - | 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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 |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Newberry's Gourmet Coffee Inc. Distributorship Program is expanding on a national basis through an aggressive marketing campaign. Most entrepreneurs desire a business that they can run from home and set their own hours. Undoubtedly, this business is it! You can start on a part-time basis with a few accounts and work up to a steady residual income with unlimited growth potential. As the exclusive partner for Newberry's Gourmet Coffee, you have the luxury of becoming a Distributor featuring Nescafe�, Folgers� and Lavazza�, three of the most accomplished brands in the coffee industry. Newberry's Gourmet Coffee the only company that combines world recognized brand names and high quality product with a tailor made aggressive marketing and advertising program, making it the ultimate turnkey business in the U.S. in the $8k + range. Coffee is the world's second largest commodity and America loves it, and vending has been around since the invention of the automobile. We will help you setup and we will give you the marketing material, inventory, hands-on training, and point of sale material to get you started on the right track. We are looking for Entrepreneurs who have been searching for a ground floor opportunity in an explosive market with a turnkey system.