Lasaters Coffee & Tea vs Boba Loca Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lasaters Coffee & Tea vs Boba Loca including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Lasaters Coffee & Tea Boba Loca
Investment 257000 - 310000 88445 - 325955
Franchise Fee
Royalty Fee 0 4% or $495 /month whichever is higher
Advertising Fee 1% 1% or $175/month whichever is higher
Year Founded 2004 0
Year Franchised 2006 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Lasaters Coffee & Tea Boba Loca
Experience $60,000-$90,000 in liquid capital, management/business ownership history *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
  Lasaters Coffee & Tea Boba Loca
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Lasaters Coffee & Tea Boba Loca
Training Ongoing 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 Local marketing to be approved
Operations Owner operators preferred, absentee ownership allowed Currently 100% Owner operators

Expansion Plans
  Lasaters Coffee & Tea Boba Loca
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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Lasaters Coffee & Tea
Boba Loca
Franchise Fee
Lasaters Coffee & Tea
Boba Loca
Royalty Fee
Lasaters Coffee & Tea 0
Boba Loca 4% or $495 /month whichever is higher
Advertising Fee
Lasaters Coffee & Tea 1%
Boba Loca 1% or $175/month whichever is higher
Year Founded
Lasaters Coffee & Tea 2004
Boba Loca 0
Year Franchised
Lasaters Coffee & Tea 2006
Boba Loca 0
Term Of Agreement
Lasaters Coffee & Tea 10 years
Boba Loca 2 and 5 years
Renewal Fee
Lasaters Coffee & Tea 0
Boba Loca


Business Experience Requirements
Experience
Lasaters Coffee & Tea $60,000-$90,000 in liquid capital, management/business ownership history
Boba Loca *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
 
Franchise Fees
Lasaters Coffee & Tea
Boba Loca
Start-up Costs
Lasaters Coffee & Tea
Boba Loca
Equipment
Lasaters Coffee & Tea}
Boba Loca
Inventory
Lasaters Coffee & Tea
Boba Loca
Receivables
Lasaters Coffee & Tea
Boba Loca
Payroll
Lasaters Coffee & Tea
Boba Loca

Training & Support
Training
Lasaters Coffee & Tea Ongoing
Boba Loca 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
Lasaters Coffee & Tea
Boba Loca 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
Lasaters Coffee & Tea Local marketing to be approved
Boba Loca
Operations
Lasaters Coffee & Tea Owner operators preferred, absentee ownership allowed Currently 100% Owner operators
Boba Loca

Expansion Plans
US Expansion
Lasaters Coffee & Tea
Boba Loca 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
Lasaters Coffee & Tea
Boba Loca
International Expansion
Lasaters Coffee & Tea
Boba Loca