BannaStrow's vs Kung Fu Tea Franchise Comparison

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

Start-Up Costs and Fees
 
BannaStrow's Franchise
Kung Fu Tea Franchise
Investment $114,600 - $186,500$124,050 - $428,050
Franchise Fee $30,000$37,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20012013
Year Franchised 20032013
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
BannaStrow's Franchise
Kung Fu Tea Franchise
Experience --

Financing Options
 
BannaStrow's Franchise
Kung Fu Tea 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
Kung Fu Tea 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
Kung Fu Tea Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

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 Kung Fu Tea

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Kung Fu, in its purest essence, is the desire for self-improvement and to expand one's capabilities beyond all limitations. Here at Kung Fu Tea, we share that same desire. We hold the firm belief that it is our mission to continuously improve and expand upon our already stellar brand. With over a decade of experience, we are the unchallenged experts in the bubble tea business. From the ingredients for our products to the customer service at our stores, we keep a strict and uncompromisingly high standard, setting the bar for our competitors. It is our dream to introduce the Kung Fu Tea brand to consumers all around the world, as well as creating a more refined bubble tea culture. For this reason, we are looking for business partners who might be interested in joining us. With your help, we hope to expand our market even further. We are thrilled to announce that we will be opening in Canada this year! And more countries to come.
We have business ventures in North America, Australia, and Canada.