BannaStrow's vs Xing Fu Tang Franchise Comparison

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

Start-Up Costs and Fees

 
BannaStrow's Franchise
Xing Fu Tang Franchise
Investment $114,600 - $186,500$289,000 - $943,500
Franchise Fee $30,000N/A
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20012019
Year Franchised 20032020
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
BannaStrow's Franchise
Xing Fu Tang Franchise
Experience --

Financing Options

 
BannaStrow's Franchise
Xing Fu Tang 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
Xing Fu Tang 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
Xing Fu Tang Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

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 Xing Fu Tang

"Xing

The franchise that we offer is for a Xing Fu Tang business, a retail shop offering premium, Taiwanese-style boba or bubble tea beverages, featuring unique, stir fried, brown sugar tapioca pearls prepared according to a proprietary recipe, using high quality ingredients, and made fresh in front of the customer, and other menu items.

The initial investment necessary to begin operation of a Shop under a franchise agreement ranges from $289,000 to $673,500. This includes $135,000 to $160,000 that you must pay to the franchisor or its affiliates.
The initial investment necessary to begin operation of a Shop under a multi-unit development agreement depends on the number of Shops that you are authorized to develop and ranges from $404,000,000 to $943,500. This includes a development fees of $115,000 to 270,000 depending on the number of Shops that you are authorized to establish under the multi-unit development agreement.