BannaStrow's vs Presotea Franchise Comparison

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

Start-Up Costs and Fees
 
BannaStrow's Franchise
Presotea Franchise
Investment $114,600 - $186,500$235,000 - $365,000
Franchise Fee $30,000$14,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20012018
Year Franchised 20032019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
BannaStrow's Franchise
Presotea Franchise
Experience --

Financing Options
 
BannaStrow's Franchise
Presotea 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
Presotea 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
Presotea 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 Presotea

"Presotea
We want to thank you for expressing an interest in becoming part of the Presotea America family. As a leading Bubble Tea business across the globe, we are now poised to take the US Market by storm.

The Presotea America family is searching for business minded entrepreneurs and visionaries like you to take our perfected Bubble Tea to the US. Currently, we are focusing on licensing our brand, technology and process to single site franchisees, and experienced and established area developers.

The franchise offered is a Master Franchise to develop, own, operate and subfranchise “made to order” fresh brewed tea shops called Presotea. The Master Franchise requires the opening of a minimum of 10 Presotea Shops in the protected Territory, within 6 years of the signing of the Master Franchise Agreement whether by developing directly or subfranchising.

The total investment necessary to begin operation of the Presotea master franchise ranges from $235,000 to $365,000, of which the initial down payment of the Master Franchise Fee to be paid to us is $14,000, as well as $20,000 for required initial training, $55,000 for required equipment, $18,000 for required branding, and $50,000 for required opening inventory of supplies and food, for the first owned or subfranchised Presotea Shop, which must be paid to the franchisor or their affiliate.