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Updated RecentlyBoba Loca vs Caffe Bene Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boba Loca vs Caffe Bene including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $88,445 - $325,955 | $414,500 - $899,600 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | 4% or $495 /month whichever is higher | 6.9% |
| Advertising Fee | 1% or $175/month whichever is higher | 3% |
| Year Founded | - | 2008 |
| Year Franchised | - | 2008 |
| 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. | On-The-Job Training: 1 week Classroom Training: 1 week |
| 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. | Purchasing Co-ops Meetings/Conventions |
| Marketing | - | National Media |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Boba Loca
About Caffe Bene
In 2012, Caffe Bene, a traditional European coffee house from South Korea, expanded to the Philippines. The Caffe Bene Franchise is now rapidly expanding in a very competitive market and gaining more and more loyal customers with their delectable food items which are served in a relaxed environment to help customers chill right in the middle of the busy metro.
Caffe Bene leads the consumer trend of coffee market in South Korea and is paving the way to better coffee from their exclusive selection of only 2% of the best coffee beans. And where better to invest than in a franchise that is becoming the new leader in the coffee market.Franchising Caffe Bene has 5 easy steps:
application, review, interview, approval and the grand opening.