Tapioca Express vs BannaStrow's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tapioca Express vs BannaStrow's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Tapioca Express Franchise
BannaStrow's Franchise
Investment $200,000 - $420,000$114,600 - $186,500
Franchise Fee $15,000$30,000
Royalty Fee $0.055/cup6%
Advertising Fee -1%
Year Founded 19992001
Year Franchised 20002003
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee $3K for 2 years-


Business Experience Requirements
 
Tapioca Express Franchise
BannaStrow's Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Tapioca Express Franchise
    BannaStrow's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Tapioca Express Franchise
    BannaStrow's Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesMeetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd slicks
    Operations

    Number of employees needed to run franchised unit: 5

    100% of current franchisees are owner/operators

    		 Franchise can be run from home.

    Number of employees needed to run franchised unit: 3 - 3

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Tapioca Express Franchise
    BannaStrow's Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Tapioca Express

    Wayne and Stephanie, passionate about their Taiwanese heritage, opened the first Tapioca Express store in the San Gabriel Valley in 1999 �" one of the very first boba chains in the United States. Since the beginning,
    Tapioca Express has harvested the finest ingredients from Taiwan and continually provides quality teas, boba, and snacks. However, we did not foresee that boba’s popularity would manifest into its own culture and become an everyday lifestyle. Today, Tapioca Express expands across California and into other states, including Washington, Texas, and Virginia. In our two decades of experience in brewing, we focus on nurturing and enriching communities with the finest teas, coffee, and boba.
    Tapioca beverage is a various combination of black or green tea, milk, juice, coffee, and small marbles of tapioca (a.k.a. "black pearl" or "boba", made from Tapioca starch, water, corn starch and natural flavors.) It originated in Tai-Chung City (in Taiwan) around 1981, and soon spread across Asia. In the late 90s, it traveled to North America and has quickly become a raging trendy drink on both coasts. It is perceived as a relatively healthier beverage than soft drinks or coffee, and a lot more fun, too.Tapioca Express was the first in North America to offer a wide selection of high quality tapioca beverage adhering to a consistently high professional standard. Since opening its first store in the city of Alhambra (located in the Greater Los Angeles, California),
    Tapioca Express has become synonymous to quality and innovation.

    About BannaStrow's

    BannaStrow's was conceived after more than 14 years of expertise in the restaurant business. The creators of the concept, saw a tremendous potential in crepes as an outstanding food item for time-pressed shopping mall customers. They knew that shoppers would love crepes as an alternative to the usual mall fare. Realizing that kiosks were growing in presence around the nation, the concept was designed to fit into mall concourses and other high foot traffic facilities in its highly attractive kiosk. The perfect impulse for hungry busy shoppers at any time of the day, the delicious, versatile, and convenient crepes are quickly prepared in front of customers. Today BannaStrow's is a proven success, and as a result it is continuing to expand. We warmly invite you to join us as a BannaStrow's franchise owner!