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Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs Ice Cream Churn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,000 - $400,000 | $180,000 - $350,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | 1.5% |
Year Founded | 1997 | 1973 |
Year Franchised | 2004 | 1979 |
Term Of Agreement | 10 years | 10 years +5 |
Term Of Agreement | 10 years | 10 years +5 |
Renewal Fee | $10000 | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | Field Training Initial Store Opening Inventory Control Franchisee Newsletter 800 Telephone Hotline |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.
Ice Cream Churn 's concept is to add an old-fashioned ice cream parlor within another existing location, such as delis, bakeries, video stores, convenience stores, truckstops. Ice Cream Churn sets up location, trains employees, installs exterior signs and supports location with on-going promotions and training. 32 flavors of ice cream and yogurt are available. Master franchise available. New mall kiosk also available!