Start-Up Costs and Fees |
||
| Lasaters Coffee & Tea | Vivi Bubble Tea | |
| Investment | 257000 - 310000 | 166900 - 305100 |
| Franchise Fee | ||
| Royalty Fee | 0 | |
| Advertising Fee | 1% | |
| Year Founded | 2004 | 2007 |
| Year Franchised | 2006 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lasaters Coffee & Tea | Vivi Bubble Tea | |
| Experience | $60,000-$90,000 in liquid capital, management/business ownership history | |
Financing Options |
||
| Lasaters Coffee & Tea | Vivi Bubble Tea | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lasaters Coffee & Tea | Vivi Bubble Tea | |
| Training | Ongoing | |
| Support | ||
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Lasaters Coffee & Tea | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Lasaters Coffee & Tea | 0 |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Lasaters Coffee & Tea | 1% |
| Vivi Bubble Tea | |
| Year Founded | |
| Lasaters Coffee & Tea | 2004 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Lasaters Coffee & Tea | 2006 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Lasaters Coffee & Tea | 10 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Lasaters Coffee & Tea | 0 |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Start-up Costs | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Equipment | |
| Lasaters Coffee & Tea} | |
| Vivi Bubble Tea | |
| Inventory | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Receivables | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Payroll | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Lasaters Coffee & Tea | Ongoing |
| Vivi Bubble Tea | |
| Support | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| Marketing | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Vivi Bubble Tea | |
| Operations | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Lasaters Coffee & Tea | |
| 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 | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |
| International Expansion | |
| Lasaters Coffee & Tea | |
| Vivi Bubble Tea | |