Krak Boba
Food & Beverage Cafes & Coffee ShopsCompany Information
Address
3907 Chicago Avenue, Riverside, CA 92507
Website
Tel
Not Available
Email
Franchise Summary
Description
Krak Boba is a popular bubble tea franchise known for its diverse and innovative drink offerings, allowing customers to customize their beverages with various flavors and toppings. With a focus on quality ingredients and a trendy atmosphere, Krak Boba not only attracts a loyal customer base but also provides franchise opportunities for aspiring entrepreneurs.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Cafes & Coffee Shops Industry$691,191 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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FAQ
How much investment do I need to start my own Krak Boba business?
Franchisees typically require at least $183 to $360 investment to get their Krak Boba business started
What are the initial franchise fees for Krak Boba?
Franchisees typically need to pay at least $49 in fees directly to Krak Boba in order to earn the right to launch their business
How much money can I make with a Krak Boba franchise? What are
the average revenues for a typical Krak Boba business?
We haven’t done the math on how much revenue a typical
Krak Boba brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$691,191 revenue, so we would expect
Krak Boba to generate a similar amount
How long do I need to commit to running a Krak Boba unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$183,500 to $360,500
which is
Much Lower
than the $0 to $0 average in the Cafes & Coffee Shops industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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