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Updated RecentlyBannaStrow's vs AraVita Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BannaStrow's vs AraVita 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 | $113,400 - $181,200 |
| Franchise Fee | $30,000 | $19,900 |
| Royalty Fee | 6% | 4.5% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2001 | 2013 |
| Year Franchised | 2003 | 2016 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 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 | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 43 hours Classroom Training: 37 hours |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | Ad slicks | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| 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 | Yes |
| Canada Expansion | 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 AraVita
Owning an ARAVITA franchise provides you an opportunity to partner with an industry leader in a highly competitive industry whose sales grow more and more annually. Do not let the competitive nature of the industry stifle you. Our concept is unlike any other. We have geared our company to provide you with knowledge, support and training that will allow you to effectively meet and surpass any consumer expectations.
Offerings
We offer two different types of franchise opportunities.
- You can choose to own a single unit franchise which allows you to operate your own ARAVITA in a protected territory of your choice.
- We also offer area development Franchises for those looking to lock down a larger territory and slowly build a series of ARAVITA locations/territories.