Fiasco Gelato vs CHURROMANIA Franchise Comparison

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

Start-Up Costs and Fees

 
Fiasco Gelato Franchise
CHURROMANIA Franchise
Investment $150,000 $135,000 - $335,000
Franchise Fee $25,000 $30,000
Royalty Fee 6% 8%
Advertising Fee 4$ -
Year Founded 2005 1997
Year Franchised 0 1998
Term Of Agreement 10 years 5 years
Term Of Agreement 10 years 5 years
Renewal Fee 50% of the then current franchise fee -


Business Experience Requirements

 
Fiasco Gelato Franchise
CHURROMANIA Franchise
Experience - -

Financing Options

 
Fiasco Gelato Franchise
CHURROMANIA Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Fiasco Gelato Franchise
CHURROMANIA Franchise
Training 7 days at corporate office

up to 14 days onsite at franchise location

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

 
Fiasco Gelato Franchise
CHURROMANIA Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - Yes

Start-Up Costs and Fees Mobile

Investment
Fiasco Gelato Franchise
$150,000
CHURROMANIA Franchise
$135,000 - $335,000
Franchise Fee
Fiasco Gelato Franchise
$25,000
CHURROMANIA Franchise
$30,000
Royalty Fee
Fiasco Gelato Franchise
6%
CHURROMANIA Franchise
8%
Advertising Fee
Fiasco Gelato Franchise
4$
CHURROMANIA Franchise
-
Year Founded
Fiasco Gelato Franchise
2005
CHURROMANIA Franchise
1997
Year Franchised
Fiasco Gelato Franchise
0
CHURROMANIA Franchise
1998
Term Of Agreement
Fiasco Gelato Franchise
10 years
CHURROMANIA Franchise
5 years
Renewal Fee
Fiasco Gelato Franchise
50% of the then current franchise fee
CHURROMANIA Franchise
-


Business Experience Requirements

Experience
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-
Start-up Costs
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-
Equipment
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-
Inventory
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-
Receivables
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-
Payroll
Fiasco Gelato Franchise
-/-
CHURROMANIA Franchise
-/-

Training & Support

Training
Fiasco Gelato Franchise
7 days at corporate office

up to 14 days onsite at franchise location

CHURROMANIA Franchise
Corporate Office and In-store 10 days.
Support
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Marketing
Fiasco Gelato 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
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.

Expansion Plans

US Expansion
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
Yes
Canada Expansion
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
-
International Expansion
Fiasco Gelato Franchise
-
CHURROMANIA Franchise
Yes

Company Overviews

About Fiasco Gelato

Italian-inspired, Fiasco Gelato is designed to satisfy the increased consumer demand for healthier, refreshing treats and a cool, sophisticated European atmosphere. With a range of delicious gelato and sorbetto desserts that are healthier and more flavor-filled than traditional ice-cream, Fiasco Gelato attracts a wide variety of consumers - from parents and children looking for healthier desserts to students and young professionals looking for a fresh alternative to the same old, same old. Fiasco combines delicious, high-quality, health-conscious desserts and a refined, hip aesthetic. From storefronts situated in high-traffic, downtown thoroughfares, to funky Fiasco kiosks placed in suburban shopping districts, the Fiasco Gelato brand proves irresistible to passers-by. As a new brand with high-growth potential that thrives in diverse commercial contexts, we're looking to expand Fiasco Gelato into a variety of new locations. If you're an ambitious, passionate entrepreneur with experience in food operations and a taste for hands-on management, pick up the phone and call FranWorks to find out more about exciting Fiasco Gelato opportunities.

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.