BannaStrow's vs SPoT Coffee Franchise Comparison

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

Start-Up Costs and Fees

 
BannaStrow's Franchise
SPoT Coffee Franchise
Investment $114,600 - $186,500N/A
Franchise Fee $30,000N/A
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 2001-
Year Franchised 2003-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
BannaStrow's Franchise
SPoT Coffee Franchise
Experience --

Financing Options

 
BannaStrow's Franchise
SPoT Coffee Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
BannaStrow's Franchise
SPoT Coffee Franchise
Training --
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
Operations 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)

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Expansion Plans

 
BannaStrow's Franchise
SPoT Coffee Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

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!

About SPoT Coffee

SPoT is establishing itself in smaller communities *Areas that are underserved by other coffee chains *Neighborhoods receptive to an affordable central meeting place *Locations with lower rents and less transient work forces Smaller communities provide operational benefits in several ways *Strong sense of community and customer loyalty *Access to dependable and trustworthy café labor *Increased brand exposure *Overall cheaper operational inputs: advertising, labor, food, rent