BannaStrow's vs CHURROMANIA Franchise Comparison

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

Start-Up Costs and Fees

 
BannaStrow's Franchise
CHURROMANIA Franchise
Investment $114,600 - $186,500 $135,000 - $335,000
Franchise Fee $30,000 $30,000
Royalty Fee 6% 8%
Advertising Fee 1% -
Year Founded 2001 1997
Year Franchised 2003 1998
Term Of Agreement 5 years 5 years
Term Of Agreement 5 years 5 years
Renewal Fee - -


Business Experience Requirements

 
BannaStrow's Franchise
CHURROMANIA Franchise
Experience - -

Financing Options

 
BannaStrow's Franchise
CHURROMANIA Franchise
  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

 
BannaStrow's Franchise
CHURROMANIA Franchise
Training - Corporate Office and In-store 10 days.
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing Ad slicks Ad 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 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)

Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

 
BannaStrow's Franchise
CHURROMANIA Franchise
US Expansion Yes Yes
Canada Expansion No -
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
BannaStrow's Franchise
$114,600 - $186,500
CHURROMANIA Franchise
$135,000 - $335,000
Franchise Fee
BannaStrow's Franchise
$30,000
CHURROMANIA Franchise
$30,000
Royalty Fee
BannaStrow's Franchise
6%
CHURROMANIA Franchise
8%
Advertising Fee
BannaStrow's Franchise
1%
CHURROMANIA Franchise
-
Year Founded
BannaStrow's Franchise
2001
CHURROMANIA Franchise
1997
Year Franchised
BannaStrow's Franchise
2003
CHURROMANIA Franchise
1998
Term Of Agreement
BannaStrow's Franchise
5 years
CHURROMANIA Franchise
5 years
Renewal Fee
BannaStrow's Franchise
-
CHURROMANIA Franchise
-


Business Experience Requirements

Experience
BannaStrow's Franchise
-
CHURROMANIA Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-
Start-up Costs
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-
Equipment
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-
Inventory
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-
Receivables
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-
Payroll
BannaStrow's Franchise
No/No
CHURROMANIA Franchise
-/-

Training & Support

Training
BannaStrow's Franchise
-
CHURROMANIA Franchise
Corporate Office and In-store 10 days.
Support
BannaStrow's Franchise
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
CHURROMANIA Franchise
Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing
BannaStrow's Franchise
Ad slicks
CHURROMANIA Franchise
Ad 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
BannaStrow's Franchise
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)

CHURROMANIA Franchise
Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

US Expansion
BannaStrow's Franchise
Yes
CHURROMANIA Franchise
Yes
Canada Expansion
BannaStrow's Franchise
No
CHURROMANIA Franchise
-
International Expansion
BannaStrow's Franchise
Yes
CHURROMANIA Franchise
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 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 sixteen years ago 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 café 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.