Start-Up Costs and Fees |
||
| Vivi Bubble Tea | Bad Ass Coffee Company | |
| Investment | 166900 - 305100 | 304500 - 620000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2007 | 1991 |
| Year Franchised | 2019 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vivi Bubble Tea | Bad Ass Coffee Company | |
| Experience | ||
Financing Options |
||
| Vivi Bubble Tea | Bad Ass Coffee Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Vivi Bubble Tea | Bad Ass Coffee Company | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Vivi Bubble Tea | Bad Ass Coffee Company | |
| 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 | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Franchise Fee | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Royalty Fee | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | 6% |
| Advertising Fee | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | 2% |
| Year Founded | |
| Vivi Bubble Tea | 2007 |
| Bad Ass Coffee Company | 1991 |
| Year Franchised | |
| Vivi Bubble Tea | 2019 |
| Bad Ass Coffee Company | 1998 |
| Term Of Agreement | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | 5 years |
| Renewal Fee | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
Financing Options |
|
| Franchise Fees | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Start-up Costs | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Equipment | |
| Vivi Bubble Tea} | |
| Bad Ass Coffee Company | |
| Inventory | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Receivables | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Payroll | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
Training & Support |
|
| Training | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |
| Support | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Bad Ass Coffee Company | |
| Canada Expansion | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | 0 |
| International Expansion | |
| Vivi Bubble Tea | |
| Bad Ass Coffee Company | |