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Below is an in-depth analysis and side-by-side comparison of Esquires Coffee House 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 | $250,000 - $350,000 | $88,445 - $325,955 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% | 4% or $495 /month whichever is higher |
Advertising Fee | 4% | 1% or $175/month whichever is higher |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 5 years | 2 and 5 years |
Term Of Agreement | 5 years | 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 | Yes | - |
We are proudly local cafes, part of every community that we sit within. Our teams walk the same streets you do, shop at the same shops, sit in the same parks, admire the same views. But we draw on our global best pour knowledge, to help us deliver the best cup of coffee in your neighbourhood.
Our approach is that each cafe is a unique reflection of the community it
sits in. We love being a part of your community and creating the perfect
mix of our natural, fair and delicious coffee, with local passion and
care.