1908 Central Avenue
We are a Califonia corporation formed oh May 25, 1999, under the name TAPIOCA EXPRESS,, jINC. Our principal place of business and business address is 1908 Central Avenue, Sduth Ei Monte, California 91733. We do business under our corporate name and under the name of “Tapioca Express, Ine.” (“TEI”) We have no parent or predecessor'; Big Stage, Inc;, our affiliate, with its principle place of business located at 9703 El Poche St Unit B, South El Monte, California 91733, supplies various products, ingredients, and equipment to TEI for resale to our franchisees. Big Stage, Inc. has never offered franchises in this or any other line of business. Big Stage^ Inc. does not own or operate a business of the type being franchised. We are the Lessee under the Master Lease with Wal Mart. We will offer these locations if and when they aj e available; If you choose to operate a Tapioca Express beverage and food store within a Wal Mart Store, we will be the Sublessor under the Sublease Agreement you will be required to sign. The Sublease Agreement is Exhibit 3 to the Franchise Agreement
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Franchimp Summary Rating
4/10
Earning Transparency
1/10
Investment Accessibility
6/10
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Upfront Franchise Fees
Minimum: $58,400 Maximum: $69,000
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: $250,000 Maximum: $509,100
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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