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Below is an in-depth analysis and side-by-side comparison of Santorini Island Grill vs Churro Station including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,500 - $273,000 | $100,000 - $172,000 |
Franchise Fee | $29,500 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 3% |
Year Founded | 1999 | 2003 |
Year Franchised | 2006 | 2005 |
Term Of Agreement | 10 years | 10 Years +10 |
Term Of Agreement | 10 years | 10 Years +10 |
Renewal Fee | 25% of then-current fran. 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 | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 3 weeks * At franchisee's location: 3-4 weeks | Corporate Office 5 days |
Support | - | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control |
Marketing | - | 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 | * Number of employees needed to run franchised unit: 6 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 3 Full-time, 1 Part-time Passive Ownership: Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Santorini Island Grill is a turnkey restaurant franchise
opportunity complete for franchise owners. Join our company and receive the support
and training necessary to be successful as an owner of this Greek
restaurant.
Participate in our
training program which involves classroom and practical work. After launching you will be covered by our franchising expertise and
years of experience.
As a Santorini Island Grill franchise restaurant owner you will acquire the rights to use our brand name and trademarks, daily operations procedures, construction
and design assistance and policy manuals,
marketing and advertising, employee selection and management aid,
on-going training, employee selection and management aid and much more. Join us today for an exciting career
and bring a tasty concept to your neighborhood.
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).