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Updated RecentlyBannaStrow's vs Gourmet Cup Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BannaStrow's vs Gourmet Cup including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $114,600 - $186,500 | $120,000 - $200,000 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 1% | - |
| Year Founded | 2001 | 1985 |
| Year Franchised | 2003 | 1986 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 5 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | Co-op advertising, Ad slicks, National media |
| 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) |
2% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
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 Gourmet Cup
Gourmet Cup Beverage Station is the latest retail coffee concept from Shefield Group. The Gourmet Cup Beverage Station environment provides fun, energetic friendly service in a classic coffee shop setting. Consumers can select from the following:
unique coffees with many flavours on offer;
other beverages like caramel lattes, hot chocolate, cappuccino and espresso;
nutritious snacks and fresh-baked treats.
Gourmet Cup Beverage Station locations are designed to offer both an initial WOW factor as well as a place for consumers to relax. With its unique character, ambiance and wide selection of beverages, Gourmet Cup Beverage Station locations are absolutely unique.