Boloco Inspired Burritos vs CherryBerry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$190,000 - $400,000 | $360,000 - $466,000 |
Franchise Fee |
$25,000 | $25,000 |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
1997 | 2008 |
Year Franchised |
2004 | 2008 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$10000 | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Boloco Inspired Burritos
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.
About CherryBerry
Establishing a small business on your own can be tough. This is why
many choose to go with an established brand. At CherryBerry, we have an
incredible culture that focuses on our franchisees’ success. Riding on
several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory,
we have developed a system that will help you jump-start your business
and provide you with a competitive advantage in your market. As a
franchisee, you will have access to all of our support systems and
expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs
low and consistent product available. Additionally, you will benefit
from CherryBerry's brand recognition and the integrity of
the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well
in cooler months. Through a special arrangement with our parent company,
Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are
developed by some of the most knowledgeable yogurt innovators in the
industry. Our product is certified to contain live and active cultures
to promote good health, plus its creamy texture, original flavors and
extensive toppings have been praised by the masses as the best tasting
and highest quality frozen yogurt available. The CherryBerry name
assures your customers that they can expect the same great quality
frozen yogurt time after time.
We provide you with an excellent business model which includes all
the necessary training and assistance you’ll need to create a thriving
business. Our staff includes experts in real estate, construction,
training, operations and marketing.