Start-Up Costs and Fees |
||
| Vivi Bubble Tea | Barnie's Coffee & Tea Company | |
| Investment | 166900 - 305100 | 202000 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 2007 | 1980 |
| Year Franchised | 2019 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vivi Bubble Tea | Barnie's Coffee & Tea Company | |
| Experience | ||
Financing Options |
||
| Vivi Bubble Tea | Barnie's Coffee & Tea Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Vivi Bubble Tea | Barnie's Coffee & Tea Company | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Vivi Bubble Tea | Barnie's Coffee & Tea 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 | |
| Barnie's Coffee & Tea Company | |
| Franchise Fee | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Royalty Fee | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | 7% |
| Advertising Fee | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Year Founded | |
| Vivi Bubble Tea | 2007 |
| Barnie's Coffee & Tea Company | 1980 |
| Year Franchised | |
| Vivi Bubble Tea | 2019 |
| Barnie's Coffee & Tea Company | 1981 |
| Term Of Agreement | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | 10 years |
| Renewal Fee | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
Financing Options |
|
| Franchise Fees | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Start-up Costs | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Equipment | |
| Vivi Bubble Tea} | |
| Barnie's Coffee & Tea Company | |
| Inventory | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Receivables | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Payroll | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
Training & Support |
|
| Training | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |
| Support | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | Ad slicks |
| Operations | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% 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 |
| Barnie's Coffee & Tea Company | |
| Canada Expansion | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | 0 |
| International Expansion | |
| Vivi Bubble Tea | |
| Barnie's Coffee & Tea Company | |