Start-Up Costs and Fees |
||
| Van Houtte | Vivi Bubble Tea | |
| Investment | 250000 - 300000 | 166900 - 305100 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1919 | 2007 |
| Year Franchised | 1983 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Van Houtte | Vivi Bubble Tea | |
| Experience | ||
Financing Options |
||
| Van Houtte | Vivi Bubble Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Van Houtte | Vivi Bubble Tea | |
| Training | ||
| Support | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 5% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Van Houtte | 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 | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Franchise Fee | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Royalty Fee | |
| Van Houtte | 5% |
| Vivi Bubble Tea | |
| Advertising Fee | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Year Founded | |
| Van Houtte | 1919 |
| Vivi Bubble Tea | 2007 |
| Year Franchised | |
| Van Houtte | 1983 |
| Vivi Bubble Tea | 2019 |
| Term Of Agreement | |
| Van Houtte | 10 years |
| Vivi Bubble Tea | |
| Renewal Fee | |
| Van Houtte | |
| Vivi Bubble Tea | |
Business Experience Requirements |
|
| Experience | |
| Van Houtte | |
| Vivi Bubble Tea | |
Financing Options |
|
| Franchise Fees | |
| Van Houtte | No |
| Vivi Bubble Tea | No |
| Start-up Costs | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Equipment | |
| Van Houtte} | |
| Vivi Bubble Tea | |
| Inventory | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Receivables | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Payroll | |
| Van Houtte | |
| Vivi Bubble Tea | |
Training & Support |
|
| Training | |
| Van Houtte | |
| Vivi Bubble Tea | |
| Support | |
| Van Houtte | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Vivi Bubble Tea | |
| Marketing | |
| Van Houtte | Co-op advertising, Regional advertising |
| Vivi Bubble Tea | |
| Operations | |
| Van Houtte | 5% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Vivi Bubble Tea | |
Expansion Plans |
|
| US Expansion | |
| Van Houtte | |
| 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 | |
| Van Houtte | 0 |
| Vivi Bubble Tea | |
| International Expansion | |
| Van Houtte | |
| Vivi Bubble Tea | |