Santorini Island Grill vs CHURROMANIA Franchise Comparison

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

Start-Up Costs and Fees

 
Santorini Island Grill Franchise
CHURROMANIA Franchise
Investment $154,500 - $273,000 $135,000 - $335,000
Franchise Fee $29,500 $30,000
Royalty Fee 6% 8%
Advertising Fee - -
Year Founded 1999 1997
Year Franchised 2006 1998
Term Of Agreement 10 years 5 years
Term Of Agreement 10 years 5 years
Renewal Fee 25% of then-current fran. fee -


Business Experience Requirements

 
Santorini Island Grill Franchise
CHURROMANIA Franchise
Experience - -

Financing Options

 
Santorini Island Grill Franchise
CHURROMANIA Franchise
  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

 
Santorini Island Grill Franchise
CHURROMANIA Franchise
Training * Available at headquarters: 3 weeks

* At franchisee's location: 3-4 weeks

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 * 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: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

 
Santorini Island Grill Franchise
CHURROMANIA Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
Santorini Island Grill Franchise
$154,500 - $273,000
CHURROMANIA Franchise
$135,000 - $335,000
Franchise Fee
Santorini Island Grill Franchise
$29,500
CHURROMANIA Franchise
$30,000
Royalty Fee
Santorini Island Grill Franchise
6%
CHURROMANIA Franchise
8%
Advertising Fee
Santorini Island Grill Franchise
-
CHURROMANIA Franchise
-
Year Founded
Santorini Island Grill Franchise
1999
CHURROMANIA Franchise
1997
Year Franchised
Santorini Island Grill Franchise
2006
CHURROMANIA Franchise
1998
Term Of Agreement
Santorini Island Grill Franchise
10 years
CHURROMANIA Franchise
5 years
Renewal Fee
Santorini Island Grill Franchise
25% of then-current fran. fee
CHURROMANIA Franchise
-


Business Experience Requirements

Experience
Santorini Island Grill Franchise
-
CHURROMANIA Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Santorini Island Grill Franchise
Yes/No
CHURROMANIA Franchise
-/-
Start-up Costs
Santorini Island Grill Franchise
No/No
CHURROMANIA Franchise
-/-
Equipment
Santorini Island Grill Franchise
No/Yes
CHURROMANIA Franchise
-/-
Inventory
Santorini Island Grill Franchise
No/Yes
CHURROMANIA Franchise
-/-
Receivables
Santorini Island Grill Franchise
No/No
CHURROMANIA Franchise
-/-
Payroll
Santorini Island Grill Franchise
No/No
CHURROMANIA Franchise
-/-

Training & Support

Training
Santorini Island Grill Franchise
* Available at headquarters: 3 weeks

* At franchisee's location: 3-4 weeks

CHURROMANIA Franchise
Corporate Office and In-store 10 days.
Support
Santorini Island Grill Franchise
-
CHURROMANIA Franchise
Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing
Santorini Island Grill 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
Santorini Island Grill Franchise
* Number of employees needed to run franchised unit: 6 - 6

* Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

CHURROMANIA Franchise
Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

US Expansion
Santorini Island Grill Franchise
Yes
CHURROMANIA Franchise
Yes
Canada Expansion
Santorini Island Grill Franchise
-
CHURROMANIA Franchise
-
International Expansion
Santorini Island Grill Franchise
Yes
CHURROMANIA Franchise
Yes

Company Overviews

About Santorini Island Grill

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.



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.