Gloria Jean's Gourmet Coffees vs BannaStrow's Franchise Comparison

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

Start-Up Costs and Fees
 
Gloria Jean's Gourmet Coffees Franchise
BannaStrow's Franchise
Investment $299,000 - $494,000$114,600 - $186,500
Franchise Fee $15,000 - $25,000$30,000
Royalty Fee 6%6%
Advertising Fee 2%1%
Year Founded 19792001
Year Franchised 19862003
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee 1/2 of current franchise fee-


Business Experience Requirements
 
Gloria Jean's Gourmet Coffees Franchise
BannaStrow's Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Gloria Jean's Gourmet Coffees Franchise
    BannaStrow's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Gloria Jean's Gourmet Coffees Franchise
    BannaStrow's Franchise
    Training On-The-Job Training: 80 hours Classroom Training: 80 hours -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad slicks
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 12

    Absentee Ownership Allowed

    		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)

    Expansion Plans
     
    Gloria Jean's Gourmet Coffees Franchise
    BannaStrow's Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Gloria Jean's Gourmet Coffees

    We appreciate your interest in learning about how to become a Gloria Jean's Coffees Franchise Partner. The specialty coffee business is becoming increasingly competitive. The industry is shifting to chains because of their advantages in purchasing power, focused advertising, innovative product introductions, management control systems, and specialized training. With 57 locations in the USA and more than 800 Internationally, 23 years of experience in franchising, at Gloria Jean's you're teaming up with one of the largest, most experienced franchise coffee companies around. We believe we have the organization, experience and support that leads to success. Our system is proven, established, and has passed the test of time.

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    "Entrepreneur
    #392 in Franchise 500 for 2020.


    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!