My Favorite Muffin vs CHURROMANIA Franchise Comparison

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

Start-Up Costs and Fees

 
My Favorite Muffin Franchise
CHURROMANIA Franchise
Investment $104,500 - $405,000$135,000 - $335,000
Franchise Fee $25,000$30,000
Royalty Fee 5%8%
Advertising Fee 3%-
Year Founded 19871997
Year Franchised 19881998
Term Of Agreement 10 years +105 years
Term Of Agreement 10 years +105 years
Renewal Fee --


Business Experience Requirements

 
My Favorite Muffin Franchise
CHURROMANIA Franchise
Experience --

Financing Options

 
My Favorite Muffin Franchise
CHURROMANIA Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
My Favorite Muffin Franchise
CHURROMANIA Franchise
Training Our Training Sets Your Business Apart! Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
  • Day-to-day restaurant operations
  • Hiring, training, and retaining good employees
  • Maintaining financial controls
  • Orientation to your Marketing team that will coordinate your local advertising
  • Operational training at your location as you open
  • Corporate Office and In-store 10 days.
    Support Our Support Sets Your Business Apart! As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support. Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site. As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
  • Site selection assistance.
  • Restaurant layout and design.
  • Coordination with national and regional suppliers.
  • Equipment, merchandise and services at negotiated rates.
  • Grand Opening marketing campaign.
  • Full seasonal marketing strategies, complete with compact disc for local production of advertising and other marketing materials.
  • E-Mail subscription program, through which participating franchisees are kept informed up to the minute on important breaking news as well as surveyed for their feedback.
  • A password-protected BAB Franchisee Intranet featuring a download center, on-line sales reporting, resource center and trading post. The BAB Systems, Inc. franchise program is designed to help franchise owners reach their individual growth potential. Whether you are interested in owning one or several BAB Systems, Inc. stores, we'll work with you to determine the growth options that are right for you.
  • 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: 3 Full-time, 11 Part-time

    Passive Ownership: Allowed, But Discouraged

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

    Expansion Plans

     
    My Favorite Muffin Franchise
    CHURROMANIA Franchise
    US Expansion YesYes
    Canada Expansion --
    International Expansion YesYes

    Company Overviews

    About My Favorite Muffin

    There's More In Store Than Ever Before! "Our success begins with fresh, made-from-scratch, premium bakery and baked goods...bagels, breads, muffins, and more. And, because the majority of our restaurants are both manufacturing and retail units, we have a streamlined distribution and operating system. Our unique approach in offering fresh, made-from-scratch food to our customers - coupled with a low initial investment level - is a formula for success. Success from scratch that is..." -- Michael W. Evans President and Chief Executive Officer Since 1993, BAB, Inc. has grown into a nationally-known franchisor of a restaurant concept with complementary products, a reasonable investment level, and an inherent competitive advantage as the low-cost producer in our segment. "We hope you will enjoy browsing our web site for more information about our business, the strength of our franchise organization, specialty holiday and year-round gift-giving opportunities, and investment opportunities. Today and always at BAB...there is more in store than ever before!" As a MY FAVORITE MUFFIN franchisee, you get to create and sell over 300 varieties of our special muffins in both regular and fat-free varieties. Where applicable, you can add BIG APPLE BAGELS and BREWSTER'S COFFEE to complement your wonderful muffins.

    The total initial investment necessary to begin operation of your first BAB Production Store ranges from $298,000 - $405,000, including $32,500 you must pay the franchisor or its affiliates.
    The total initial investment necessary to begin operation of your first BAB Satellite Store ranges from $104,250 - $283,000, including $18,000 you must pay the franchisor or its affiliates.
    The total investment necessary to begin operation of your franchised BAB Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your BAB Store. Under the Area Development Agreement, you must open a minimum of 2 BAB Stores.

    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 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.