Mr. Greek Restaurants vs Churro Station Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs Churro Station including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Greek Restaurants Franchise
Churro Station Franchise
Investment $400,000 - $750,000$100,000 - $172,000
Franchise Fee $35,000 - $50,000$25,000
Royalty Fee 5%5%
Advertising Fee 4%3%
Year Founded 19882003
Year Franchised 19932005
Term Of Agreement 10 years10 Years +10
Term Of Agreement 10 years10 Years +10
Renewal Fee --


Business Experience Requirements
 
Mr. Greek Restaurants Franchise
Churro Station Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Mr. Greek Restaurants Franchise
    Churro Station Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mr. Greek Restaurants Franchise
    Churro Station Franchise
    Training -Corporate Office 5 days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesCentral Purchasing

    Field Operation Evaluation

    Field Training

    Initial Store Opening

    Inventory Control
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos Additional Services: Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
    Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 30

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		Average Number of Employees: 3 Full-time, 1 Part-time

    Passive Ownership: Allowed

    Expansion Plans
     
    Mr. Greek Restaurants Franchise
    Churro Station Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Mr. Greek Restaurants

    The name MR. GREEK has become synonymous with Greek and Mediterranean cuisine that defines quality, value and service. MR. GREEK Mediterranean Grills are full service casual dining restaurants have patios, take-out and delivery. MR. GREEK serves a delicious blend of grilled seafood, pastas, and Greek specialties such as souvlaki, tzatziki, and saganaki. The franchisor, provides site selection, lease negotiation, construction, training and ongoing support.
    Owner-operators share two common passions. One is for the restaurant and the other is to succeed! A partnership with MR. GREEK is firmly based on the principle of mutual success, and on all parties striving together to achieve that success. MR. GREEK is seeking single or multi-unit franchisee partners in Ontario and Eastern Canada, and multi-unit development partners in territories throughout North America.

    About Churro Station

    This business was created for you, the person who has the "ganas", the desire to succeed. It is our mission to do whatever we can to help you reach for that success. We understand our product, our customers and what makes them happy. Many of our customers are far away from their homes. We try to give them a bit of those memories of home. For those who are not far from home, we proudly offer unique products that we know you and all your customers will love-delightful foods in a setting that only Churro Station can offer. We strive for perfection: only perfect Churros y chocolate will be served; only a liquado made with ripe fruit will be offered; each sandwich is freshly made to satisfy your appetite. If this sounds good to you, please let us know! "There's a $4 billion Latino food and beverage market out there. We're giving people a way to get in on that opportunity for a relatively small investment with a food that everybody loves and isn't widely available", says Melanie Farkas, Founder & CEO (QSR magazine, April 2006).