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Below is an in-depth analysis and side-by-side comparison of Coffee World 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 | $65,000 - $110,000 | $88,445 - $325,955 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 6% | 4% or $495 /month whichever is higher |
Advertising Fee | 2%local +2%Nat'l | 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 |
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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 | - | - |
Launched in 1997, Coffee World is a premium specialty coffee house that offers a comprehensive range of hot, iced, and ice blended beverages. The brand is known for its premium quality products and its signature "Frappes" (ice blended coffees). Coffee World places a lot of emphasis on picking and roasting the finest Arabica beans to create rich brews prepared by its expert baristas. Instead of using pre-mixes, we favor the use of fresh ingredients to prepare our iced and ice blended coffees. Coffee World operates outlets ranging from small kiosks (25 sq/m) to large shops (160 sq/m). The look and feel of our outlets are designed with the customers comfort in mind and resemble luxurious and comfortable living rooms. We take great pride in our products which also include delectable cakes, sandwiches, and our famous waffles made fresh at the store every day.