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Below is an in-depth analysis and side-by-side comparison of BannaStrow's vs Fiasco Gelato 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 | $150,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 4$ |
Year Founded | 2001 | 2005 |
Year Franchised | 2003 | 0 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | 50% of the then current franchise 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 | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 7 days at corporate office up to 14 days onsite at franchise location |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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!
Italian-inspired, Fiasco Gelato is designed to satisfy the increased consumer demand for healthier, refreshing treats and a cool, sophisticated European atmosphere. With a range of delicious gelato and sorbetto desserts that are healthier and more flavor-filled than traditional ice-cream, Fiasco Gelato attracts a wide variety of consumers - from parents and children looking for healthier desserts to students and young professionals looking for a fresh alternative to the same old, same old. Fiasco combines delicious, high-quality, health-conscious desserts and a refined, hip aesthetic. From storefronts situated in high-traffic, downtown thoroughfares, to funky Fiasco kiosks placed in suburban shopping districts, the Fiasco Gelato brand proves irresistible to passers-by. As a new brand with high-growth potential that thrives in diverse commercial contexts, we're looking to expand Fiasco Gelato into a variety of new locations. If you're an ambitious, passionate entrepreneur with experience in food operations and a taste for hands-on management, pick up the phone and call FranWorks to find out more about exciting Fiasco Gelato opportunities.