BannaStrow's vs Vivi Bubble Tea Franchise Comparison

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

Start-Up Costs and Fees

 
BannaStrow's Franchise
Vivi Bubble Tea Franchise
Investment $114,600 - $186,500$166,900 - $305,100
Franchise Fee $30,000$28,800
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20012007
Year Franchised 20032019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
BannaStrow's Franchise
Vivi Bubble Tea Franchise
Experience --

Financing Options

 
BannaStrow's Franchise
Vivi Bubble Tea Franchise
  In-House/3rd PartyIn-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
Vivi Bubble Tea Franchise
Training --
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)

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Expansion Plans

 
BannaStrow's Franchise
Vivi Bubble Tea Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion 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 Vivi Bubble Tea

"VIVI

VIVI BUBBLE TEA introduces the concept of "technical tea" through the mechanized single setting. Let the friends who first entered the beverage store also have the skills of the master. In order to make the quality of tea easier to control, we use the mechanized operation process of fructose metering machine and other related equipment. Our equipment is used to minimize the work of human beings while maintaining the quality of tea drinks we make. In other words, it helps the owner by being more effective in saving personnel costs and store space.


You do not need to worry about the lack of space of the store, VIVI BUBBLE TEA can help you achieve the goal of “small space of the store, big profits.