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Below is an in-depth analysis and side-by-side comparison of Bountiful Bread vs CHURROMANIA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $750,000 - $1,200,000 | $135,000 - $335,000 |
Franchise Fee | $37,500 | $30,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | - |
Year Founded | - | 1997 |
Year Franchised | - | 1998 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | # 4 week training program # Systems Guides including Training Manuals # Interviewing and hiring procedures # Food preparation and customer service training | Corporate Office and In-store 10 days. |
Support | A franchisee of Bountiful Bread LLC will have the full support and assistance from a team that understand all aspects of running a successful Bountiful Bread bakery cafe.
# National purchasing benefits with major suppliers # Systems Guides for daily operations # Point of Sale system advice | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING
Bountiful Bread was invented by David White and Mark Burgasser in Albany, NY in 1998. It was initially a bread operation with only 1600 square feet. After an incredible reception and great customer feedback, the concept grew into sandwiches, soups, and deserts. In May 2004, Bountiful Bread in Albany opened in a new space with 4800 square feet. Since then, annual sales have grown to almost $2.6 million and continue their upward climb. All of this is in the face of other bakery cafe competitors that are located within 1 mile away. The customer responses have been clear " Bountiful Bread is the gold standard for the bakery cafe business and is a clear winner with customers, staff and management.
Through relationships developed in the restaurant business over many years, we have established an incredible leadership team. The team represents over 150 years of experience in the restaurant business.
We have an energy for making crisp bread without any preparation with just the best neighborhood fixings. It's unmistakable to us that our energy is clear to our clients - we convey bread each day, with the exception of Sunday, to many fine eateries.
Each morning, our newly prepared breads and rolls are conveyed for conveyances all through Albany's encompassing locales. At present, our prepared breads go to Saratoga Springs, Delmar, Albany, Clifton Park, and even similarly as Lake George - yet we aren't restricted to these areas.
The request continues developing, thus does our affection for what we do! Whether you are searching for something exceptional to add to your eatery or to buy bread for an expansive scale occasion, consider Bountiful Bread's discount choice to hold your visitors returning for additional.
"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 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 cafe 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.