Start-Up Costs and Fees |
||
| Vivi Bubble Tea | Coffee Perks | |
| Investment | 166900 - 305100 | 116100 - 116100 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2007 | 1993 |
| Year Franchised | 2019 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vivi Bubble Tea | Coffee Perks | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Vivi Bubble Tea | Coffee Perks | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Vivi Bubble Tea | Coffee Perks | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Vivi Bubble Tea | Coffee Perks | |
| 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 | |
| Coffee Perks | |
| Franchise Fee | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Royalty Fee | |
| Vivi Bubble Tea | |
| Coffee Perks | 6% |
| Advertising Fee | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Year Founded | |
| Vivi Bubble Tea | 2007 |
| Coffee Perks | 1993 |
| Year Franchised | |
| Vivi Bubble Tea | 2019 |
| Coffee Perks | 2004 |
| Term Of Agreement | |
| Vivi Bubble Tea | |
| Coffee Perks | 10 years |
| Renewal Fee | |
| Vivi Bubble Tea | |
| Coffee Perks | $5K |
Business Experience Requirements |
|
| Experience | |
| Vivi Bubble Tea | |
| Coffee Perks | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Start-up Costs | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Equipment | |
| Vivi Bubble Tea} | |
| Coffee Perks | |
| Inventory | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Receivables | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Payroll | |
| Vivi Bubble Tea | |
| Coffee Perks | |
Training & Support |
|
| Training | |
| Vivi Bubble Tea | |
| Coffee Perks | |
| Support | |
| Vivi Bubble Tea | |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Vivi Bubble Tea | |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Vivi Bubble Tea | |
| Coffee Perks | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% 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 |
| Coffee Perks | |
| Canada Expansion | |
| Vivi Bubble Tea | |
| Coffee Perks | 0 |
| International Expansion | |
| Vivi Bubble Tea | |
| Coffee Perks | |