Boba Loca vs Bubbleology Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boba Loca vs Bubbleology including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$88,445 - $325,955 | $205,850 - $458,950 |
Franchise Fee |
N/A | $30,000 |
Royalty Fee |
4% or $495 /month whichever is higher | 5% |
Advertising Fee |
1% or $175/month whichever is higher | 1% |
Year Founded |
- | 2011 |
Year Franchised |
- | 2016 |
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 | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
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.
About Bubbleology
Welcome and thank you for showing an interest in becoming a
Bubbleology™ Franchisee, a leading European Bubble Tea & Waffle
business, now set to storm the USA!
We’re looking for entrepreneurial, visionary, and self-motivated
franchisees to take the delicious science of our Bubble Tea &
Waffles across the U.S.! Our current focus is on single site
franchisees, and experienced and established area developers.
Bubbleology™ was founded in the heart of London, Soho, in April 2011,
and has since expanded Internationally. We are not just a tea &
waffle brand, we are a vibrant lifestyle brand, with key partnerships
with major retailers. And we have partnered, over the years, with many
popular fashion brands!
The total investment necessary to begin operation of a Bubbleology Café
franchise ranges from $205,850 to $395,750 for a kiosk location. This
amount includes $50,500 to $60,000 that must be paid to the franchisor
or its affiliate.
The total investment necessary to begin operation of a
Bubbleology Café franchise ranges from $253,600 to $458,950 for an
inline location. This amount includes $50,500 to $60,000 that must be
paid to the franchisor or its affiliate. If you sign an agreement for
multi-unit development, you must also pay the franchisor or its
affiliate up to $12,500 for each additional Bubbleology Café that you
agree to develop.