Great Canadian Bagel vs CHURROMANIA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs CHURROMANIA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Great Canadian Bagel Franchise
CHURROMANIA Franchise
Investment $85,000 - $350,000 $135,000 - $335,000
Franchise Fee $20,000 $30,000
Royalty Fee - 8%
Advertising Fee - -
Year Founded 1993 1997
Year Franchised 1994 1998
Term Of Agreement - 5 years
Term Of Agreement - 5 years
Renewal Fee - -


Business Experience Requirements

 
Great Canadian Bagel Franchise
CHURROMANIA Franchise
Experience - -

Financing Options

 
Great Canadian Bagel Franchise
CHURROMANIA Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Great Canadian Bagel Franchise
CHURROMANIA Franchise
Training - Corporate Office and In-store 10 days.
Support - Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing - Ad Slicks, Brochures, Catalogs, Coupon/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos, Churro Truck and Community involvement.. Additional Services: Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies.
Operations - Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

 
Great Canadian Bagel Franchise
CHURROMANIA Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - Yes

Start-Up Costs and Fees Mobile

Investment
Great Canadian Bagel Franchise
$85,000 - $350,000
CHURROMANIA Franchise
$135,000 - $335,000
Franchise Fee
Great Canadian Bagel Franchise
$20,000
CHURROMANIA Franchise
$30,000
Royalty Fee
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
8%
Advertising Fee
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
-
Year Founded
Great Canadian Bagel Franchise
1993
CHURROMANIA Franchise
1997
Year Franchised
Great Canadian Bagel Franchise
1994
CHURROMANIA Franchise
1998
Term Of Agreement
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
5 years
Renewal Fee
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
-


Business Experience Requirements

Experience
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-
Start-up Costs
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-
Equipment
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-
Inventory
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-
Receivables
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-
Payroll
Great Canadian Bagel Franchise
-/-
CHURROMANIA Franchise
-/-

Training & Support

Training
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Corporate Office and In-store 10 days.
Support
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Ad Slicks, Brochures, Catalogs, Coupon/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos, Churro Truck and Community involvement.. Additional Services: Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies.
Operations
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

US Expansion
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Yes
Canada Expansion
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
-
International Expansion
Great Canadian Bagel Franchise
-
CHURROMANIA Franchise
Yes

Company Overviews

About Great Canadian Bagel

In April, 1993 "The Great Canadian Bagel, Ltd." began operations with an initial store in Metropolitan Toronto. Featuring 24 varieties of fresh baked bagels, 21 flavours of cream cheese spreads and a selection of soups, salads, and made-to-order sandwiches, the store was an immediate success.
At The Great Canadian Bagel all bagels are baked fresh from recipes calling for only the finest natural ingredients with no preservatives. The majority of stores are equipped with an on-premise bakery enabling customers to watch the bagels being made and smell the aroma as they are taken from the oven. This combination of high quality product, attractive store atmosphere and their constant focus on providing the highest level of customer service all work together to set The Great Canadian Bagel a notch above the competition in the fast growing Bagel segment of the Foodservice market.

About CHURROMANIA

"We have reinvented the Churro to compete", says Ariel Acosta-Rubio, Founder-CEO of CHURROMANIA®, at the Dolphin Mall Store in Miami, Florida. Can the churro displace the doughnut and the cinnamon roll in the United States? What began sixteen years ago as a family business in an eastern coastal town in Venezuela has become a transnational franchise with more than 100 stores. Now, its owners and founders Ariel Acosta-Rubio and Maria Alejandra Bravo De Acosta-Rubio are betting that they will be able to turn a modern version of the traditional Spanish pastry into the most innovative dessert sold in Florida and worldwide. "We have rescued the churro. We have reinvented it to compete with any other kind of fast food", says Acosta-Rubio, founder-CEO of CHURROMANIA®, the Venezuelan franchise with international headquarters on Miami´s Brickell Avenue. Just as other franchises have exported the U.S fast-food culture to Latin America, Latin American fast-food franchises are slowly bringing the flavors of their countries to U.S taste buds. As the United States' Hispanic population and its purchasing power grow, the major metropolitan areas are ready to absorb the new Latin American fast-food offerings, says Marcel Portman, vice president for global development with the International Association of Franchises, a commercial group in Washington, D.C. In 2001 CHURROMANIA® opened It's first store in the United States at Dolphin Mall in Miami Florida, and since then, at Miami International Mall, Westland Mall, Pembroke Lakes Mall; Broward Mall, Southland Mall, Dadeland Mall, Coral Square Mall, Walmart Super Store at Pembroke Pines, The Churromania Truck and Sawgrass Mills Mall; in Orlando Florida Festival Bay Mall and Florida Mall CHURROMANIA® has expanded upon the basic churro, offering: BIG MANIA sprinkled with sugar or cinnamon and filled with dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). TWIST MANIA: choose up to two toppings: sugar, cinnamon , dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). CRISPY MANIA sprinkled with sugar or cinnamon. A TRADITION IN SPAIN Eaten with hot chocolate or café con leche, the churro is a tradition inherited from Spain. CHURROMANIA® is also present in the following countries: Colombia, Panama , Peru, Aruba, Dominican Republic and Venezuela.