CHURROMANIA vs The Great Greek Mediterranean Grill Franchise Comparison

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

Start-Up Costs and Fees
 
CHURROMANIA Franchise
The Great Greek Mediterranean Grill Franchise
Investment $135,000 - $335,000$476,050 - $978,250
Franchise Fee $30,000$39,500
Royalty Fee 8%6%
Advertising Fee -1%
Year Founded 1997-
Year Franchised 1998-
Term Of Agreement 5 years35 years
Term Of Agreement 5 years35 years
Renewal Fee -$1.5K


Business Experience Requirements
 
CHURROMANIA Franchise
The Great Greek Mediterranean Grill Franchise
Experience --

Financing Options
 
CHURROMANIA Franchise
The Great Greek Mediterranean Grill Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
CHURROMANIA Franchise
The Great Greek Mediterranean Grill Franchise
Training 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
 
CHURROMANIA Franchise
The Great Greek Mediterranean Grill Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion YesYes

Company Overviews

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.

About The Great Greek Mediterranean Grill

The Great Greek takes pride in procuring the freshest ingredients and preparing them daily for you.  Our recipes go back for generations, and we promise to serve you that consistent meal each time.  We consider our staff as our children helping at those memorable Sunday dinners; they are family.  You, our patrons, are the uncles, aunts, cousins, nieces and nephews who stop by to join in the weekly feast.  You are family, too! The Great Greek’s pledge to you is to treat you like family, serve you a consistent, quality meal, and ensure we exceed your expectations.


The total investment necessary to begin operation of a The Great Greek Mediterranean Grill® franchise is $476,050 to $798,250. This includes $35,550 to $43,000 that must be paid to the franchisor.
The total investment necessary to begin operation under a three- to ten-unit Multi-Unit Development Agreement is $520,000 to $978,250. This includes $75,550 to $223,000 that must be paid to the franchisor or affiliate. The minimum number of The Great Greek Mediterranean Grill® units that you are required to develop under the Multi-Unit Development Agreement is three units.