Start-Up Costs and Fees |
||
| Coffee Perks | Vivi Bubble Tea | |
| Investment | 116100 - 116100 | 166900 - 305100 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1993 | 2007 |
| Year Franchised | 2004 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Coffee Perks | Vivi Bubble Tea | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Coffee Perks | Vivi Bubble Tea | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Coffee Perks | Vivi Bubble Tea | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Coffee Perks | Vivi Bubble Tea | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Coffee Perks | 6% |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Year Founded | |
| Coffee Perks | 1993 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Coffee Perks | 2004 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Coffee Perks | 10 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Coffee Perks | $5K |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Coffee Perks | Industry experience General business experience Marketing skills |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Coffee Perks | Yes |
| Vivi Bubble Tea | Yes |
| Start-up Costs | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Equipment | |
| Coffee Perks} | |
| Vivi Bubble Tea | |
| Inventory | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Receivables | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Payroll | |
| Coffee Perks | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Coffee Perks | |
| Vivi Bubble Tea | |
| Support | |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Vivi Bubble Tea | |
| Marketing | |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Vivi Bubble Tea | |
| Operations | |
| Coffee Perks | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Coffee Perks | |
| Vivi Bubble Tea | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Coffee Perks | 0 |
| Vivi Bubble Tea | |
| International Expansion | |
| Coffee Perks | |
| Vivi Bubble Tea | |