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It's Boba Time

Company Information

701 S. Vermont Ave. Los Angeles, CA 90005

[email protected]

We are a California corporation formed on September 15, 2011. On December 7, 2011, our company name was changed from Big Popote, Inc. to Boba Mia, Inc., and on September 10, 2012, we changed our name to Boba Time, Inc., which was registered with the California Secretary of State. Our principal business address is 701 S. Vermont Ave., Los Angeles, CA 90005. Our telephone number is (213) 251 0001, and our website is www.itsbobatime.com. We do business under the name, It’s Boba Time. Our agents for service of process are disclosed in Exhibit A to this Disclosure Document.

Not Available

1 Ongoing Lawsuits

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

8/10

Investment Accessibility

8/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of It's Boba Time Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $35,000 Maximum: $35,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $289,524 Maximum: $437,300

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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