Nothing Bundt Cakes vs CHURROMANIA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nothing Bundt Cakes vs CHURROMANIA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nothing Bundt Cakes Franchise
CHURROMANIA Franchise
Investment $431,587 - $600,387$135,000 - $335,000
Franchise Fee $35,000$30,000
Royalty Fee 5%8%
Advertising Fee 4%-
Year Founded 19971997
Year Franchised 20061998
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
Nothing Bundt Cakes Franchise
CHURROMANIA Franchise
Experience --

Financing Options
 
Nothing Bundt Cakes Franchise
CHURROMANIA Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Nothing Bundt Cakes Franchise
CHURROMANIA Franchise
Training On-The-Job Training: 4 weeks Classroom Training: 4 weeks Corporate Office and In-store 10 days.
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing Co-op Advertising Ad Templates National Media Regional AdvertisingAd Slicks, Brochures, Catalogs, Coupon/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos, Churro Truck and Community involvement.. Additional Services: Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies.
Operations Number of Employees Required to Run: 15 - 20Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans
 
Nothing Bundt Cakes Franchise
CHURROMANIA Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Nothing Bundt Cakes

"So Yummy You'll Wish It Didn't Have a Hole!"

Nothing Bundt Cakes is a retail bakery offering 10 unique flavors of moist delicious bundt cake in 3 sizes. Cascading down each cake is our velvety cream cheese and butter signature frosting, a true testimony to premium ingredients and homespun care. The cakes are then C'round with lovely decorations celebrating a special moment or occasion. Cake platters, balloons, candles, and cards are a perfect complement to your exceptional gift.

The total investment necessary to begin operation of a Nothing Bundt Cakes® Bakery is $431,587 to $600,387, excluding extension fees. This includes $63,800 to $65,800 that must be paid to the franchisor and its affiliate.
The franchisor also offers an Area Development Agreement for the establishment and operation of multiple Nothing Bundt Cakes® Bakeries in a specified development area. The Area Development Fee is $35,000 for the first Bakery developed under the Area Development Agreement and $25,000 for each additional bakery developed under the Area Development Agreement.
The total investment necessary to begin operation of the first Bakery under an area development business is $456,587 to $650,387, excluding extension fees. This includes $88,800 to $113,800 that must be paid to franchisor or an affiliate in connection with opening the first Bakery.

"Entrepreneur

#45 in Franchise 500 for 2020.
#16 in Franchise 500 for 2021.





About CHURROMANIA

"We have reinvented the Churro to compete", says Ariel Acosta-Rubio, Founder-CEO of CHURROMANIA, at the Dolphin Mall Store in Miami, Florida. Can the churro displace the doughnut and the cinnamon roll in the United States? What began as a family business in an eastern coastal town in Venezuela has become a transnational franchise with more than 100 stores. Now, its owners and founders Ariel Acosta-Rubio and Maria Alejandra Bravo De Acosta-Rubio are betting that they will be able to turn a modern version of the traditional Spanish pastry into the most innovative dessert sold in Florida and worldwide. "We have rescued the churro. We have reinvented it to compete with any other kind of fast food", says Acosta-Rubio, founder-CEO of CHURROMANIA, the Venezuelan franchise with international headquarters on Miami's Brickell Avenue. Just as other franchises have exported the U.S fast-food culture to Latin America, Latin American fast-food franchises are slowly bringing the flavors of their countries to U.S taste buds. As the United States' Hispanic population and its purchasing power grow, the major metropolitan areas are ready to absorb the new Latin American fast-food offerings, says Marcel Portman, vice president for global development with the International Association of Franchises, a commercial group in Washington, D.C. In 2001 CHURROMANIA opened it's first store in the United States at Dolphin Mall in Miami Florida, and since then, at Miami International Mall, Westland Mall, Pembroke Lakes Mall; Broward Mall, Southland Mall, Dadeland Mall, Coral Square Mall, Walmart Super Store at Pembroke Pines, The Churromania Truck and Sawgrass Mills Mall; in Orlando Florida Festival Bay Mall and Florida Mall CHURROMANIA has expanded upon the basic churro, offering: BIG MANIA sprinkled with sugar or cinnamon and filled with dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). TWIST MANIA: choose up to two toppings: sugar, cinnamon , dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). CRISPY MANIA sprinkled with sugar or cinnamon. A TRADITION IN SPAIN Eaten with hot chocolate or cafe con leche, the churro is a tradition inherited from Spain. CHURROMANIA is also present in the following countries: Colombia, Panama , Peru, Aruba, Dominican Republic and Venezuela.