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