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Below is an in-depth analysis and side-by-side comparison of La Paloma vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $326,000 - $535,000 | $224,500 - $457,000 |
Franchise Fee | $25,000 | $22,000 - $37,200 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1967 | 1975 |
Year Franchised | 2004 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | - |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 19 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | Yes | - |
International Expansion | - | - |
Established in 1967, La Paloma is the most authentic Italian dessert experience. Over 50 years developing countless proprietary recipes, La Paloma is now franchising. "The ART of Italian Artisan Ice Cream". Our turnkey "Gelato Cafe" concept features over 40 flavours in-store to offer a taste of Italy that is unequalled.
Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.