Due to variables that control the operation of each store, predicting the financial performance of each store is not possible. However, during the course of franchise inquiries, a Franchise Disclosure Document and the experience of other store owners will be provided.
Although small business experience is not required, it certainly helps in achieving success in operating an It’s Boba Time store. The It’s Boba Time corporate office provides assistance in business setup and training in operating a successful store.
Although owner operated businesses tend to have a better chance at success, It’s Boba Time stores are designed as a system business in which a single owner can successfully own and operate multiple stores. Operating multiple stores involves a store manager management system.
Boba beverages are offered in a variety of temperatures, hot and cold. Typically, the demand for hot and warm boba beverages such as coffee and tea will make up the drop in demand for cold beverages.
Boba may be in decline in the market place. However, It’s Boba Time thrives in the marketplace because its main products are smoothies and hot beverages. Boba is an added-on component of all beverage products of It’s Boba Time. The smoothie market is one of the fastest growing marketplaces, offering unlimited potential for growth. The temperature and choice variety of It’s Boba Time products ensure a thirsty customer base ranging from young to old in the hottest of summers to the coldest of winters.
Initially, 60 hours of instruction and on-the-job training is provided. Thereafter, ongoing support and training would continue to ensure successful operations of the store.
It’s Boba Time is committed to expanding its operations outside of California. Out of state franchises may be available in the form of Area Development (multi-location) or single store franchise, depending on the geographical location. It should be noted that franchising outside of California may incur additional operational cost.
Once a location is secured and the construction permit is issued, the construction and opening of a store usually takes 12 to 16 weeks.