Cocoa Grinder vs Bubbleology Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cocoa Grinder vs Bubbleology including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cocoa Grinder Franchise
Bubbleology Franchise
Investment $178,730 - $265,100$205,850 - $458,950
Franchise Fee $20,000$30,000
Royalty Fee 6%5%
Advertising Fee -1%
Year Founded 20132011
Year Franchised 20172016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cocoa Grinder Franchise
Bubbleology Franchise
Experience --

Financing Options
 
Cocoa Grinder Franchise
Bubbleology Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Cocoa Grinder Franchise
Bubbleology Franchise
Training On-The-Job Training: 2 weeks+ -
Support Meetings/Conventions Grand Opening Online Support Field Operations -
Marketing Regional Advertising -
Operations Absentee Ownership Allowed-

Expansion Plans
 
Cocoa Grinder Franchise
Bubbleology Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Cocoa Grinder

Started by Abdul Elenani in his college years during 2013, Cocoa Grinder is more than a coffee shop. It’s an idea that for the hardworking individual of today, convenience is everything: why shouldn’t you have your specialty cup o’joe and healthy meal in the same place? Perfect for the person on the go, or the busy individual seeking to get some work done, Cocoa Grinder offers the perfect environment to enhance your daily grind or take a well-deserving break from it.

Types of Franchise

Type A
Model Type A is our most common store type. It is incorporated within an existing building. The average square footage is 1300 SF. This allows for a full kitchen which serves hot food and the various beverages. This store type is also equipped with a handicap accessible bathroom and storage area.
Type B
Model Type B is a stand alone building that averages 3500 square feet. The property also includes a parking lot for it’s customers. This store type is equipped with more bathrooms than the original to accommodate for a larger number of customers. It has the option of also including a drive-through for customers on-the-go.
Type C
Model Type C is ideal for placement within malls, airports, train stations, and places of the sort. It is a compressed version but still serves the same amazing food and beverages. The size of this store can be averaged at around 400 square feet.
Type D
Model Type D is very similar to model type C. The difference between the 2 is that model type D can be placed in the center of a mall rather than being an enclosed location. It still serves the same amazing food and beverages but also allows room for customers to sit on the perimeter of the booth. With this model type, customers can get the full 360 degree view and experience of Cocoa Grinder.
Veteran Incentives  Franchise fee waived, royalty fee reduced to 3% (only in NY, NJ, PA)

About Bubbleology

"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.